12th Class Economics MCQS
10-rupee note is issued by
State Bank
National Bank
Govt. of Pakistan
Governor State Bank
It is a direct tax
Custom duty
Saled tax
Excise tax
Income tex
Which of the following tax is best example of ability to pay principle of taxes
Excise tax on cigarettes
Personal income tax
Proportional sales tax
Highway toll tax
How many factors of influencing efficiency
8
10
7
9
State bank was established in
1952
1948
1950
1954
In CDA(Capital Development Authority Islamabad) gets a loan from world bank for roads it will be recorded in the balance of payments in section.
Visible balance
Invisible balance
Official financing
Capital account
When value of money fallsthey benefit more
Lenders
industrialist
farmers
deblor
Pakistan follows the policy of
Controlled exchange rate
Flexible exchange rate
Fixed exchange rate
Increasing exchange rate
The equation of exchange PT = MV was given by
Kuznet
Crowther
Fisher
Keynes
The government spends on education percentage of GDP
2.5
8.5
5.5
11.5
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