Economics Test 2
Total Questions: 25
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A ) Liability
B ) Assets ✅
C ) Both assets and liabilities
D ) None
A ) 0
B ) 5m
C ) 10m
D ) 25m ✅
A ) The exchange rate
B ) The interest rate
C ) The money supply ✅
D ) The real national income
A ) 1948 ✅
B ) 1950
C ) 1952
D ) 1954
A ) National Bank
B ) State Bank ✅
C ) Govt. Of Pakistan
D ) Governor State Bank
A ) Clearing house
B ) Open-market operations ✅
C ) Discount rate
D ) Issuing of notes
A ) Buys govt securities in stock market
B ) Sells govt.securities ✅
C ) Lowers discount rate
D ) B and C of above
A ) Interest rate
B ) Discount rate ✅
C ) Money rate
D ) Control rate
A ) Increase in govt. expenditure
B ) Reduce govt. expenditure
C ) Increase in interest rate
D ) Reducing interest rate ✅
A ) Getting short term loans ✅
B ) Getting long term loans
C ) Treasury bill is not credit instrument
D ) Treasury bill is a govt. tax bill
A ) Buying and selling bills of exchange
B ) Buying and selling govt. securities ✅
C ) Buying and selling shares of companies
D ) Buying and selling foreign exchange
A ) Khushhali Bank ✅
B ) Modarba Bank
C ) SME Bank
D ) FIRST MINI Bank
A ) Adam Smith
B ) Ricardo ✅
C ) Hicks
D ) Arshad
A ) Equal
B ) Different ✅
C ) Undetermined
D ) Decreasing
A ) Robbins and Ricardo
B ) Adam Smith and Marshall
C ) Heck Sher and Ohlin ✅
D ) Saleem and Kareem
A ) Increas the volume of trade
B ) Reduces the volume of trade ✅
C ) Has no effect on volume of trade
D ) A and C of above
A ) Monetary policy
B ) Fiscal policy
C ) Commercial policy ✅
D ) Finance policy
A ) Fixed exchange rate
B ) Flexible exchange rate ✅
C ) Controlled exchange rate
D ) Increasing exchange rate
A ) An increased demand for its exports
B ) Increased demand for its imports ✅
C ) An increased inflow of capital
D ) None of these
A ) Balance of visible trade
B ) Balance of invisible trade
C ) Balance on the current account
D ) Balance of payments ✅
A ) The price of Pakistani goods in USA will rise
B ) The price of Pakistani goods in Pakistan will fall
C ) The price of American goods in USA will fall
D ) The price of American goods in Pakistan will rise ✅
A ) Capital account ✅
B ) Visible balance
C ) Invisible balance
D ) Official financing
A ) Capital account ✅
B ) Visible balance
C ) Invisible balance
D ) Official financing
A ) Policy about markets
B ) Policy about money supply
C ) Policy about imports and exports ✅
D ) Policy of controlling of prices of goods
A ) 15%
B ) 25% ✅
C ) 35%
D ) 45%