Articles Tagged: economics

Question: Who Is The Father Of Economics? a. Adam Smith b. Max Muller c. Karl Marx d. None of these [efaccordion id=”01″] [efitems title=”Show Answer” text=”Adam Smith”][/efaccordion] Adam Smith is widely regarded as the father of economics. He was an 18th-century Scottish philosopher and economist, best known for his influential work “The Wealth of Nations,” […]

Question: The Biggest Market Of Pakistan Import Is? a. Russia b. US c. Switzerland d. Italy [efaccordion id=”01″] [efitems title=”Show Answer” text=”US”][/efaccordion] Also Check: Which Is The Single Largest Component Of Gdp Of Pakistan? The biggest market for Pakistan’s imports is China. As Pakistan’s largest trading partner, China supplies a significant portion of Pakistan’s imports, […]

Question: Utility In Economics Means The Capacity To? a. Provide comforts b. Satisfy human wants c. Earn an income d. Satisfy human motives [efaccordion id=”01″] [efitems title=”Show Answer” text=”Satisfy human wants”][/efaccordion] In economics, utility refers to the capacity to satisfy a consumer’s wants or needs. It represents the value or satisfaction derived from consuming a good […]

Question: The Balance Of Payment Comprises? a. Official settlement of accounts b. A current account of goods and services c. A capital account of financial assets d. All of the above [efaccordion id=”01″] [efitems title=”Show Answer” text=”All of the above”][/efaccordion] The balance of payments (BOP) comprises two main accounts: the current account and the capital […]

Question: Which Is The Single Largest Component Of Gdp Of Pakistan? a. Industry b. Agriculture c. Foreign remittances d. None of these [efaccordion id=”01″] [efitems title=”Show Answer” text=”Agriculture”][/efaccordion] A curriculum typically includes several key components such as objectives, content, learning experiences, teaching methods, and assessment. These elements work together to provide a structured educational experience. […]

Question: Which Country Has Maximum Foreign Projects Investment In Pakistan? a. US b. China c. UK d. Russia [efaccordion id=”01″] [efitems title=”Show Answer” text=”China”][/efaccordion] How Much Marks Required For Medical In Pakistan China has the maximum foreign project investment in Pakistan, primarily through the China-Pakistan Economic Corridor (CPEC). This initiative includes significant investments in infrastructure, […]

Question: White Goods Are? a. Basic raw material b. Durable consumption goods c. Cosmetics article d. Goods imported from Western countries [efaccordion id=”01″] [efitems title=”Show Answer” text=”Durable consumption goods”][/efaccordion] Which Country Has Maximum Foreign Projects Investment In Pakistan? White goods are large household appliances typically used for domestic purposes. These include refrigerators, washing machines, dishwashers, and […]

Question: Development Means Economic Growth Plus? a. Deflation b. Inflation c. Social change d. Price stability [efaccordion id=”01″] [efitems title=”Show Answer” text=”Social change”][/efaccordion] White Goods Are? Development means economic growth plus improvements in living standards, including better education, healthcare, and infrastructure. It encompasses not only increased GDP but also equitable distribution of wealth, reduced poverty, […]

Question: The Biggest Market Of Pakistan Export Is? a. US b. Germany c. Japan d. Korea [efaccordion id=”01″] [efitems title=”Show Answer” text=”US”][/efaccordion] Development Means Economic Growth Plus? The biggest market for Pakistan’s exports is the United States. Pakistan exports a variety of goods to the U.S., including textiles, garments, and agricultural products. The trade relationship […]

Question: What Is Laissez Faire? a. Mixed economy b. Non-interference of government in economics affairs c. Controlled-economy d. None of these [efaccordion id=”01″] [efitems title=”Show Answer” text=”Non-interference of government in economics affairs”][/efaccordion] The Balance Of Payment Comprises? Laissez-faire is an economic philosophy advocating minimal government intervention in the market and business affairs. Rooted in the […]