12th Class Economics MCQS Set 6

12th Class Economics MCQS


When the nations money supply is Rs. 1200 billion and GDP is Rs. 4800 billion velocity of circulation money is
0.25
0.4
4 billion rupees
4

Demand deposits mean
Profit loss account
Time deposits
Saving account
Chequeable deposits

Population census was held in Pakistan in.
2017
2010
2005
2000

It is considered as investment
Construction of a house
Purchase of an old house
Salaries of college professors
A and b of the above

Rupee is a coin
Convertible
Token money
Credit money
Full value

Infant mortality rate in Pakistan is
105
85
65
45

The main sources of revenue of federal government is
Sales taxes
Income taxes
Property taxes
Custom duties

What is the benefit of tariffs
Increased government revenue
Increased choice
More trade
More competition

The government can collect funds from.
Taxes
Fees
All the three
Prices of public goods

In foreign trade Protection policy means.
Restriction on transfer of foreign exchange
restrictions on imports
Restrictions on exports
all of the above