Balance of Payments Test 03 Preparation Online Leave a Comment / Economics / By Shani Malik Balance of Payments Test 03 Preparation Online 1. IMF has given loan to Pakistan. It will improve Pakistan's?A. (b) and (c) of aboveB. Current accountC. Capital accountD. Overall balance of payments Loading... 2. In capitalistic system, prices of goods are determined by?A. SellersB. BuyersC. GovernmentD. Forces of demand and supply Loading... 3. Basic principle of Islamic economic system is?A. Less consumptionB. High profitC. EqualityD. Justice Loading... 4. IMF gives loans?A. To decrease inflationB. To fill gap in government budgetC. To increase employment opportunitiesD. To fill gap in balance of payments Loading... 5. In socialistic system, prices of goods are determined by?A. BuyersB. SellersC. GovernmentD. Forces of demand and supply Loading... 6. Foreign exchange reserves increase if?A. (a) and (b) of aboveB. Imports increase exports remain the sameC. Govt. increases taxesD. Exports increase imports remain the same Loading... 7. Which is the basic economic problem, which is common in all economic systems?A. Elimination of inflationB. To reduce taxationC. Allocation of scarce resourcesD. To increase exports Loading... 8. In working of markets, the Islamic system is nearer to?A. None of the aboveB. SocialismC. Mixed economyD. Capitalism Loading... 9. In capitalism there is sovereignty of?A. GovernmentB. BusinessmenC. ConsumerD. Producer Loading... 10. The receipts and payments for goods exported and imported are counted in?A. Trade accountB. Monetary accountC. Current accountD. Capital account Loading... Loading... Related NTS Results Post:Biology Mcqs Test 15 Online PreparationBiology Mcqs Test 14 Online PreparationBiology Mcqs Test 13 Online PreparationBiology Mcqs Test 10 Online PreparationBiology Mcqs Test 11 Online PreparationBiology Mcqs Test 09 Online PreparationChemistry MCQs Test 05 Online PreparationChemistry MCQs Test 06 Online Preparation
