1191. The budget estimate prepared by Ministry of Finance i finally approved by :

A. State Bank
B. President
C. National Assembly *
D. Senate

1192. Federal Government budget estimate for 2010-11 is :

A. 2800 Million
B. 2800 Billion *
C. 2800 Trillion
D. None of these

1193. Government of pakistan can increase its resources by :

A. Taxing People
B. Printing new notes
C. Barrowing
D. All of the above *

1194. The Non-Muslims Pay Zakat :

A. At a higher rate than Muslims
B. At a lower rate than Muslims
C. At the same rate
D. Do not pay Zakat *

1195. To control inflation the government should increase :

A. Budget Deficit
B. Consumer spending
C. Income tax *
D. Pensions

1196. In past decades Pakistan increased its GDP, Yet living standard of Majority has not risen. The most important cause of this situation is :

A. Increased Government expenditure
B. Increased imports
C. Increased education
D. Increased population *

1197. Which of the following should not be the aim of a government :

A. Economic growth
B. Full employment
C. Inequality of incomes *
D. Price stability

1198. Which of the following would cause incomes to become more unequal :

A. Increase employment
B. Incrase unempolyment allowance
C. More progressive taxes
D. More regressive taxes *

1199. What is the benefit of Tariffs :

A. Increased choice
B. Increase government revenue *
C. More competition
D. More trade

1200. Pakistan’s public debt is :

A. Larger than GNP
B. Approximately equal to GNP
C. Smaller than GNP *
D. Smaller than our exports