MCQs were from handouts and easy...like thora ghumaya howa tha but thay saray handouts sy he koi conceptual nahi tha. *Short Questions:* 1. Real interest rate find krna tha...nominal rate or inflation ki value given thee. Is main *"Fisher equation"* wala formula use hoga. *i = r + pi* 2. Stock variable or flow variable btany thy konsy hoty hain table main yeh 3 cheezain mention thee inke agay bs "Stock" ya "Flow" likhna tha ? Capital (Stock) ? Income (Flow) ? Government Debt (Stock) *Long Questions:* 1. How central bank controls money supply through Open Market Operations (OMO) and through discount rate? Discuss. 2. Table main values given thee...Nominal GDP, Real GDP or GDP deflator find krna tha. Overall paper wasn't tough. Sb handouts sy he aya tha. Jitny formulas given hain unki pr