Economics Mcqs
Space Satellite Badr II was launched on December 10, 2001 when Pakistan launched Pak Sat I ?

A. December 29, 2002
B. December 25, 2002
C. January 25, 2003
D. February 15, 2003

Because in-kind transfers are not accounted for in standard measures of income distribution the standard measures of income distribution ?

A. Accurately represent the true inequality of living standards
B. Understate the inequality of living standards
C. Exaggerate the inequality of living standards
D. Could exaggerate of understate the inequality of living standards depending on whether the transfers are goods or services.

A period of unemployment due to recession will ?

A. Increase a worker’s current income and permanent income
B. Reduce a worker’s current income but not necessarily their permanent income
C. Affect neither the current nor the permanent income of a worker
D. Reduce a worker’s permanent income but not their current income

The Faisalabad is also known as ?

A. Little england
B. Little california
C. Little manchester
D. Little oxford

Which of the following is Cottage Industry ?

A. Cement
B. Sugar
C. Handicraft
D. Textile

Which Pakistani city is famous for high quality sports equipment ?

A. Sialkot
B. Chiniot
C. Gujranwala
D. Lahore

Mianwali is important for ?

A. Embroidery work
B. Irrigation work
C. Wood work
D. Agriculture

The Wah is famous for ?

A. Ordnance factory
B. Mughal garden
C. Both of them
D. None of them