12th Class Economics MCQS Set 6

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12th Class Economics MCQS


Every human society faces three basic economics problems
6
3
4
5

Basic principle of Islamic economic system is
High profit
Less consumption
Equality
Justice

Pakistan income is low because
Fast growing population
a and c of above
Lack of natural resource
Low saving rate

Quantity of money has relation with value of money
Direct
Indirect
no relation
Inverse

Commercial policy means.
Policy about money supply
Policy about imports and exports
Policy about markets
Policy for controlling of prices of goods

How many stock exchange in Pakistan
4
3
6
5

Medium-term plan covers
5 to 10 years
10 to 15 years
Less than 2 years
3 to 5 years

Which statement is true of the relationship between bond prices and bond yields
They are related in long run and not in the short run
They vary inversely
They vary directly
They are not related

When a central bank wants to increase money supply in circulation
Lowers bank rate
Purchases govt. securities
Directs banks to advance more loans
A and B of above

Pakistan is not a member of
ECO
IMF
OPEC
Word Bank

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