12th Class Economics MCQS
It is easy and convenient to pay
Direct tax
Proportional tax
progressive tax
Indirect tax
What could a government do to correct account deficit
Reduce the volume of exports
Reduce the surplus on the capital account
Reduce the repayment of loans
Reduce the deficit on the balance of trade
It is acting as obstacle to economic development of Pakistan.
Shortage of labour
Political instability
urbanisation
Lack of capital
Zakat can be spent for this purpose
Help poor parents
Payment of fee of a poor child
All of th above
Performing Hajj
According to keynes motives for holding money are
Four
Three
Two
Five
Real national income increases when
None of the above
National savings increase
Quantity of goods and services increases
Prices of goods are rising
What does SAARC stand for
Southern Africa Alliance of Reformed Churches
Straits Area Amateur Radio Club
None of these
South Asian Association For Regional Cooperation
To avoid double counting when GDP is estimated economist
Use GDP deflator
Use retail prices
Use price only intermediate goods
Calculate value added at each stage of production
It is measure of economic development
Increase in exports and imports
a and c above
Increase in national and per capita income
Increase in working population
Pakistan income tax is
Direct
Proportional
a and c of above
Progressieve tax
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