12th Class Economics MCQS Set 8

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12th Class Economics MCQS


Money material should be
Scarce
heavy
Beautiful
Abdundent

The banks can give loans
Equal to deposits
Unlimited
Less than deposits
More than deposits

Federal govt. transfers to provinces as their share in tax collection.
57.50%
37.50%
67.50%
47.50%

The non muslim pay zakat
At the lower rate than muslims
at the same rate
At the higher rate than muslims
do not pay zakat

what does SAFTA stand for
South Asian Trade Area
None of the these
Singapore Australia French Teachers Association
South Asian Trade Agreement

To increase exports.Pakistan must
a and b of the above
Import must be controlled
Decrease the value of its currency
improve quality of good

Cheque is
Credit money
Not money
Legal money
Paper money

Which of the following compares the average price of exports to average price of imports
The exchange rate
The balance of payments
The balance of trade
The terms of trade

In capitalism there is sovereignty of
Businessmen
Government
Producer
Consumer

Theory of comparative advantage was presented by
Hicks
Ricardo
Arshad
Adam Smith