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61.

The budget estimate prepared by ministry of finance is finally approved by:

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

62.

Federal govt. budget estimate for 2010-11 is:

A.	2800 million	B.	2800 billion
C.	2800 trillion	D.	Bigger than 2800 trillion

63.

Government of Pakistan can increase its resources by:

A.	Taxing people	B.	Printing new notes
C.	Borrowing	D.	All the three

64.

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

65.

To control inflation the government should increase:

A.	Budget deficit	B.	Consumer spending
C.	Income tax	D.	Pensions

66.

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 govt. expenditure	B.	Increased imports
C.	Increased education	D.	Increased population

67.

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

68.

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

A.	Increased employment	B.	Increased unemployment allowance
C.	More progressive taxes	D.	More regressive taxes

69.

What is the benefit of tariffs:

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

70.

Pakistan's public debt is:

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