The lowest price below which a thing will not be sold is called its:
(a) Floor price-✔️
(b) Ceiling price
(c) Real price
(d) Average price
When no tariffs are imposed on exports and imports, it is called:
(a) Two way trade
(b) Exchange trade
(c) Free trade-✔️
(d) Selective trade
An economy when private and government enterprises both operates, is:
(a) Free economy
(b) Closed economy
(c) Joint economy
(d) Mixed economy-✔️
Agreement between two countries is:
(a) Multi lateral agreement
(b) Bilateral agreement-✔️
(c) Single agreement
(d) Special agreement
Family Planning Programme was started in Pakistan in:
(a) 1952-✔️
(b) 1955
(c) 1957
(d) 1959
What percentage of population in Pakistan is under the age of___?
(a) 38%
(b) 40%
(c) 45%-✔️
(d) 50%
A free port is the port where:
(a) Less duties are paid
(b) No duties and no restrictions-✔️
(c) Selective duties are paid
(d) Restrictions on imports but not on exports
Which country has maximum foreign project investments in Pakistan?
(a) USA
(b) U.K
(c) China-✔️
(d) Japan
What do you understand by the term "Kerb" in foreign currency dealings:
(a) The exchange rate of currencies in the open market-✔️
(b) The exchange rate of currencies determined by the State Bank of Pakistan
(c) All sort of Monetary dealings in foreign currencies within the stock exchange
(d) None of the above one
Financial year of USA starts from:
(a) 1st January
(b) 1st March
(c) 1st July-✔️
(d) 1st April
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