12th Class Economics MCQS
IMF represents
International monetary finance
International money forum
International Monetary fund
International money flow
The highest govt.body for economic planning in Pakistan is
Planning commission
Planning council
Planning Department
Planning Board
Rate of economic development in Pakistan will increase if
Imports increase
Saving rate increases
Money supply increases
All of the above
The federal budget is presented in the parliament by
President
Finance minister
Prime minister
Commerce minister
If government increases taxes private saving.
Increase
will become zero
Decrease
do not change
All are advantages of foreign trade EXCEPT
Cheaper goods
Nations compete
People get foreign exchange
Optimum utilisation of countrys resources
It is considered as transfer payments
Salaries of an employee
Wages of laborers
Unemployment allowance paid by govt.
Bonus of bank employees
They are NOT much affected by rising prices.
Salaried persons
Importer
Debtors
Businessinmen
Private sector participation is expanding in
Health
Environment
a and b of the above
Education
Govt. taxing and spending policies are called
Monetary policy
Finance policy
Fiscal policy
Commercial policy
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