Q: What is meant by the Islamic economic system? A: An economic system in which all economic problems are solved in the light of Qur’an and Sunnah is...
Intermediate
Q: State major exports of Pakistan. A: Cotton, cotton your, cotton cloth, rice, leather and leather products, surgical instruments, sports goods, carpets...
Q: Write down the types of taxes. A: 1) Proportional tax 2) Progressive tax 3) Regressive tax 4) Value added tax Q: What is meant by progressive tax? A:...
Q: Write down the functions of the National Bank. A: Representative of State Bank of Pakistan 2) Accepting Deposits 3) Issuance of Loans 4) Provision of Easy...
Q: What is meant by means of transportation. A: The means of transporting goods from one place to another in the country are called means of...
Q1: Define Economics Development. Ans: Economics Development is a process in which real national income rises during the long period. If the rate of...
Q1: Define per capita income. Ans: Average income of a country is called per capita income. National income is divided by the population to define per...
Q: What is meant by the bank? Ans: Bank is a financial institution that collects people’s deposits. It gives loans to needy people out of these...
Q.1: How many industrial units did Pakistan get at the time of independence? Ans: At the time of independence Pakistan got 34 industrial unit out of...
Q1: What is meant by domestic trade? Ans: The trade that takes place between the individuals living in the same country is called domestic or national...
Money Q.1: Define money in the words of Professor Crowther. Ans: Anything which is generally accepted as a medium of exchange and performs functions of...
1) Word of Economics has been derived from “Oikonomia” which is a word of the language? A) Italian B) Greek ...
Q.1: Define National Income in words of Professor Alfred Marshall. Ans: According to Marshall “The labor and capital of a country acting on its natural...
Q.1: What is meant by Public Finance? Ans: Public Finance can be defined as government revenue government expenditure government debt and its...
Economics New Paper Pattern for Short Question Punjab Educational Boards Intermediate Part – II (Short Questions) ...
SYLLABUS ECONOMICS INTERMEDIATE PART-I NATIONAL CURRICULUM Marks: 100 PART-I ...