In 1992/93, 54% of total Federal Government's Revenue generated through;

• A) Export taxes
• B) Import taxes
• C) Special taxes
• D) Property taxes

Which of the following organization brings a change in the international trade environment?

• A) World Tourism Organization (WTO)
• B) World Health Organization (WHO)
• C) World Trade Organization (WTO)
• D) World Food Organization (WFO)

Generally, If the real rate of return on financial assets increases in the country, this will increase;

• A) consumption
• B) Taxes
• C) Savings
• D) Income

Generous import policy of the government during development decade (1959-1970) was critically linked to the availability of;

• A) Capital
• B) Labor
• C) Local Funds
• D) Foreign Aid

During 1960’s, the emphasis of the government was promotion of exports of the following;

• A) Hides
• B) Vegetables
• C) Manufactured items
• D) Fruits

Financial sector of Pakistan has undergone major transformation and structural change since the financial sector reforms of;

• A) 1991
• B) 1971
• C) 1981
• D) 1961

Weekly or immediate change in the price level is measured through;

• A) GDP deflator
• B) Sensitive Price Index (SPI)
• C) Wholesale Price Index (WPI)
• D) Consumer Price Index (CPI)

Financial / monetary sector of the country consists of the followings except;

• A) Tourism corporation
• B) Commercial banks
• C) Insurance companies
• D) Microfinance Banks

According to State bank of Pakistan, from January 1995, the major instrument of market based monetary management is;

• A) None of the given options
• B) Open market Operations
• C) Credit ceiling
• D) Required Reserve ratio

Pakistani residents were allowed to open foreign currency deposit (FCD) accounts in;

• A) 1961
• B) 1991
• C) 1971
• D) 1981

National Credit Consultative Council (NCCC) was established in 1972 in country, under the reforms of;

• A) Information Technology Sector
• B) Industrial Sector
• C) Agriculture sector
• D) Banking sector

Prior to separation of East Pakistan half of Pakistan's exports earnings were from Jute and;

• A) Wheat
• B) Barley
• C) Mango
• D) Tea

In 1948/49, Pakistan’s 99% export earnings were from following primary commodities except;

• A) Fruits
• B) Jute
• C) Wool
• D) Cotton

Which of the following reflects the money in circulation, demand deposits and saving deposits in the country;

• A) M3
• B) M2
• C) M4
• D) M1

According to Financial Repression School main obstacles to National Savings is Low or Negative;

• A) Crime rate
• B) Real Interest Rate
• C) Population rate
• D) Education rate

Pakistan’s dependence on India for exports and imports reduced after;

• A) 2 Years
• B) 10 Years
• C) 20 Years
• D) 5 Years

Conventional theory suggests that savings generally increase with the increase in;

• A) Taxes
• B) Population
• C) Consumption
• D) Income

Prices of utilities such as gas, electricity, and fuel are regulated by government under the influence of IMF and world Bank results in rise in;

• A) Inflation
• B) Population
• C) Education
• D) Pollution

According to world trade organization’s (WTO) guidelines and agreements, to improve market access, countries were required to;

• A) All of the given options
• B) Remove quotas
• C) Reduce tariffs
• D) Eliminate subsidies on exports

Export Bonus Scheme (1959) provided exchange rates to exporters of manufactured goods which was;

• A) Floating multiple exchange rate
• B) Fixed Exchange rate
• C) Pegged Exchange rate
• D) No exchange rate