Economics Page-10

91) Gross National Income is always more than Net National Income because it includes:
(A) Foreign Income
(B) Capital consumption allowance
(C) Indirect taxes
(D) Direct taxes

92) National income refers to:
(A) Money value of goods and services produced in a country during a year
(B) Money value of stocks and shares of a country during a year
(C) Money value of capital goods produced by a country during a year
(D) Money value of consumer goods produced by a country during a year

93) According to the law of demand, when:
(A) Price increases demand decreases
(B) Price decreases demand decreases
(C) Price increases demand increases
(D) Price decreases demand does not change

94) 'Forex' stands for:
(A) For examine
(B) Foreign exchange
(C) Foreign exports
(D) Foreign expert

95) The cause of inflation is:
(A) Increase in money supply
(B) Fall in production
(C) Increase in money supply and fall in production
(D) Decrease in money supply and fall in production



96) Baht is the currency of which country?
(A) Thailand
(B) Malaysia
(C) India
(D) Peru

97) How many countries have adopted Euro currency?
(A) 11
(B) 12
(C) 16
(D) 15

98) How many stock exchanges are there in Pakistan?
(A) 2
(B) 1
(C) 4
(D) 5

99) When the stock market is rising it is called __________?
(A) Bearish
(B) Bullish
(C) Hot
(D) Rising up

100) The major government policies that can be used to pursue its macroeconomics goals are:
(A) Fiscal Policy and Debt Policy
(B) Fiscal Policy and Monetary Policy
(C) Fiscal Policy, Debt Policy and Monetary Policy
(D) Fiscal Policy, Monetary Policy and Subsidies



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