Balance of Payments Test 03 Preparation Online Shani Malik — May 22, 2018 in Economics • add comment Balance of Payments Test 03 Preparation Online 1. IMF gives loans?A. To fill gap in government budgetB. To increase employment opportunitiesC. To fill gap in balance of paymentsD. To decrease inflation Loading... 2. In working of markets, the Islamic system is nearer to?A. CapitalismB. Mixed economyC. SocialismD. None of the above Loading... 3. Foreign exchange reserves increase if?A. (a) and (b) of aboveB. Exports increase imports remain the sameC. Imports increase exports remain the sameD. Govt. increases taxes Loading... 4. Basic principle of Islamic economic system is?A. Less consumptionB. High profitC. EqualityD. Justice Loading... 5. In socialistic system, prices of goods are determined by?A. BuyersB. SellersC. Forces of demand and supplyD. Government Loading... 6. In capitalism there is sovereignty of?A. BusinessmenB. ProducerC. ConsumerD. Government Loading... 7. Which is the basic economic problem, which is common in all economic systems?A. To reduce taxationB. To increase exports C. Allocation of scarce resourcesD. Elimination of inflation Loading... 8. In capitalistic system, prices of goods are determined by?A. Forces of demand and supplyB. BuyersC. SellersD. Government Loading... 9. The receipts and payments for goods exported and imported are counted in?A. Trade accountB. Current accountC. Capital accountD. Monetary account Loading... 10. IMF has given loan to Pakistan. It will improve Pakistan's?A. Capital accountB. (b) and (c) of aboveC. Current accountD. Overall balance of payments Loading... Loading...
