Balance of Payments Test 03 Preparation Online Leave a Comment / Economics / By Shani Malik Balance of Payments Test 03 Preparation Online 1. 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... 2. 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... 3. IMF gives loans?A. To fill gap in balance of paymentsB. To fill gap in government budgetC. To decrease inflationD. To increase employment opportunities Loading... 4. In socialistic system, prices of goods are determined by?A. Forces of demand and supplyB. SellersC. BuyersD. Government Loading... 5. Basic principle of Islamic economic system is?A. EqualityB. Less consumptionC. JusticeD. High profit Loading... 6. The receipts and payments for goods exported and imported are counted in?A. Monetary accountB. Capital accountC. Current accountD. Trade account Loading... 7. In capitalistic system, prices of goods are determined by?A. GovernmentB. BuyersC. SellersD. Forces of demand and supply Loading... 8. Foreign exchange reserves increase if?A. Govt. increases taxesB. (a) and (b) of aboveC. Exports increase imports remain the sameD. Imports increase exports remain the same Loading... 9. In capitalism there is sovereignty of?A. BusinessmenB. GovernmentC. ProducerD. Consumer Loading... 10. In working of markets, the Islamic system is nearer to?A. None of the aboveB. SocialismC. Mixed economyD. Capitalism Loading... Loading... Related NTS Results Post:Biology Mcqs Test 06 Online PreparationBiology Mcqs Test 08 Online PreparationGAT General NTS Test Papers & Preparation OnlineChemistry MCQs Test 07 Online PreparationBiology Mcqs Test 07 Online PreparationBiology Mcqs Test 09 Online PreparationChemistry MCQs Test 05 Online PreparationUrogenital System Test 09 Preparation Online
