12th Class Economics MCQS
Treasury bill is used for
Treasury bill is not credit instrument
Treasury bill is a govt. tax bill
Getting short term loans
Getting long term loans
When a central bank wants to increase money supply in circulation
Purchases govt. securities
Lowers bank rate
Directs banks to advance more loans
A and B of above
Pakistan term of trade
Have risen over past few years
Have fallen over past few years
Are determined by federal govt.
always remain above 100
Paper money is called fiat money because.
It is light weight
It can be easily printed
It is convertible into gold
It is issued with authority of government
How many types of correct disequilibrium
4
6
5
3
What does SECP stand for
Software Engineering Change Proposal
None of these
Serum Eosinophil Cationic Protein
Securities and Exchange Commission of Pakistan
Which one is equation of exchange
PV = MT
PM = TV
PT = MV
None
It is NOT an instrument of monetary policy
Open market operations
Issue notes
Bank rate
Change in reserve ration
The direct tax is that which
Can be directly deposited in the bank
Heavy burden on the tax payers
Can not be evaded
Is paid by the person on whom it is levied
Circular flow of income links
govt taxes govt expenditure
saving and investment
Income expenditure
exports imports
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