(A) 0.25
(B) 4
(C) 0.4
(D) 4 billion rupees
Tag: Economics Mcq Questions and Answers
Velocity of circulation of money means:
(A) The number of times a unit of money changes hand daily
(B) The number of times a unit of money changes hand monthly
(C) The number of times a unit of money changes hand annualy
(D) The number of times a unit of money changes value
Which property the paper money does not posses:
(A) Acceptability
(B) Divisibility
(C) Durability
(D) Portability
Govt of Pakistan issues currency on the bases of:
(A) Availability of gold in the country
(B) Availability of dollars in the country
(C) Demand for money in the country
(D) Tax collection
The Govt can control inflation by:
(A) Increasing demand for goods
(B) Increasing supply of goods
(C) Increasing money supply
(D) Decreasing taxes
Economic development is measured on the bases of:
(A) Increase in national GNP
(B) Increase in real GNP
(C) Increase in personal
(D) Increase in Govt revenue
Economic development:
(A) Is the same as economic growth
(B) Mass improvement in lifrstyle
(C) Exists when there is equal distribution of income
(D) All of the above
Pakistan produces __ of its oil requirements:
(A) 25%
(B) 35%
(C) 45%
(D) 55%