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  #261  
Old Thursday, June 07, 2012
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Quote:
Originally Posted by qadirmangi View Post
1. 20 men can do a job in 40 days after how many days should 5 men leave so that the remaning men finish the remaning job in 20 days.
do it step by step.

20 men 40 days
(after x days) 20 men x days
(5 men left &
work done in 20days) 15 days 20 days

As the relationship is inverse proportional, we will do Head-to-Head multiply (omit the first 20men & 40days)

20 * x = 15 * 20
x = 15 days
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  #262  
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after recession the next phase is "depression".
1.depression 2. recovery 3.boom/peak and 4th phase is recession
the process keeps going on

should we prepare algebra portion???

Last edited by Shooting Star; Thursday, June 07, 2012 at 11:45 PM. Reason: merged
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  #263  
Old Friday, June 08, 2012
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Guys any idea about the essay because they haven't mentioned any thing in the sample test that there is going to be an essay in the test
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  #264  
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General Awareness: Economics Finance Quiz

1. Which of the following concepts are referred by the field of Finance?

a. Time
b. Money
c. Risk
d. Time, Money and Risk and how they are interrelated

The correct answer is d. Time, Money and Risk and how they are interrelated

2. Which of the following statements does the term Finance incorporates?

a. The study of money and other assets
b. The management and control of those assets
c. The science of managing money
d. All of them

The correct answer is d. All of them

3. As a verb, "to finance" is to provide funds for business or for an individual's large purchases (car, home, etc.).

a. True
b. False

The correct answer is a. True

4. Which of the following professions deals with Finance?

a. Doctors
b. Engineers
c. Sports
d. Chartered Accountants

The correct answer is d. Chartered Accountants

5. Capital, in the financial sense, is the money which gives the business the power to buy goods to be used in the production of other goods or the offering of a service.

a. True
b. False

The correct answer is a. True

6. Which term is used for "Money which is used to purchase assets that will remain permanently in the business and help it to make a profit"?

a. Fixed Capital
b. Working Capital
c. Capital Budget
d. Cash Budget

The correct answer is a. Fixed Capital

7. Credit gives the customer the opportunity to buy goods and services, and pay for them at a later date.

a. True
b. False

The correct answer is a. True

8. The method of Depreciation for Intangible Assets is known as?

a. Appreciation
b. Amortization
c. Straight Line
d. Depreciation

The correct answer is b. Amortization

9. How inflation hits a country economy?

a. when demand for a commodity is more than supply for the commodity
b. when supply more than demand
c. when change in the price of the commodity

The correct answer is a. when demand for a commodity is more than supply for the commodity

10. Who was the father of accounting ?

a. F.W.Taylor
b. Luca Pacioli
c. John Keynes
d. Adam Smith

The correct answer is b. Luca Pacioli
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  #265  
Old Friday, June 08, 2012
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Quote:
Originally Posted by sylish guy View Post
guys post some essay topics, Essay is of 15 marks
Describe the long-term trends in poverty and inequality in the Pakistan

What are the main problems in Pakistan that are derailing its economic growth?

Discuss the role of financial markets in Pakistan

Government borrowing is too high, describe your opinion.

Hope it will help, best of Luck
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  #266  
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1) Which of the following countries is the world's largest emitter of Carbon Dioxide in the atmosphere?
a) China b) America c) Russia d) India

2) Who is Stanley McChrystal?
a) Commander US forces in Afghanistan b) Head of the US Central Command (CENTCOM) c) NATO Commander in Afghanistan d) None of these

3) The headquarters of Green Peace International is located at:
a) Vancouver b) Amsterdam c) London d) Paris

4) The oldeest internet search engine among the following is:
a) Google b) MSN Search c) Yahoo d) Ask.com

5) The power generating capacity of Diamer-Basha Dam would be:
a) 3450 MW b) 3800 MW c) 4500 MW d) None of these

6) ANTARA is the news agency of:
a) Indonesia b) Malaysia c) Turkey d) None of the these

7) The largest opium producer province in Afghanistan is:
a) Helmand b) Nangarhar c) Badakhshan d) None of these

8) Silk Air is an airline of:
a) Sri Lanka b) Switzerland c) Singapore d) China

9) Channel Tunnel is an under sea rail tunnel linking:
a) England and Ireland b) England and France c) France and Germany d) None of these.

10) The Strait of Malacca is the main shipping channel between the India Ocean and:
a) The North Pacific Ocean b) South Pacific Ocean c) South Atlantic Ocean d) None of these

11) The recently published book " Between Dreams and Realities" is written by:
a) Shamshad Ahmad Khan b) Gohar Ayub c) Sahibzada Yakoob Ali Khan d) None of these

12) The largest Agency of FATA by population is:
a) Bajaur Agency b) North Wazirstan c) South Waziristan d) None of these

13) Which of the following categories of Nobel Prise was established in 1968?
a) Medicine b) Literature c) Economics d) None of these

14) Total cultivable Land of Pakistan is approximately:
a) 80 million hectares b) 120 million hectares c) 150 million hectares d) None of these.

15) Who is Francois Fillon?
a) Prime Minister of Italy b) President of Germany c) Foreign Minister of France d) None of these

16) The largest island in Indian Ocean is:
a) Sri Lanka b) Sumatra c) Madagascor d) None

17) 3 May is observed Internationally as:
a) Environment Day b) Population Day c) Press Freedom Day d) None of these

18) 2016 Summer Olympics will be held at:
a) Sydney b) Madrid c) Chicago d) Rio de Janerio

19) Kyat is the currency of:
a) Nepal b) Myanmar c) Bhutan d) None

20 Environment Treaty Kyoto Protocol will be expired in:
a) 2012 b) 2014 c) 2015 d) None of these.
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  #267  
Old Friday, June 08, 2012
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Quote:
Originally Posted by Haroon523 View Post
1) Which of the following countries is the world's largest emitter of Carbon Dioxide in the atmosphere?
a) China b) America c) Russia d) India

2) Who is Stanley McChrystal?
a) Commander US forces in Afghanistan b) Head of the US Central Command (CENTCOM) c) NATO Commander in Afghanistan d) None of these

3) The headquarters of Green Peace International is located at:
a) Vancouver b) Amsterdam c) London d) Paris

4) The oldeest internet search engine among the following is:
a) Google b) MSN Search c) Yahoo d) Ask.com

5) The power generating capacity of Diamer-Basha Dam would be:
a) 3450 MW b) 3800 MW c) 4500 MW d) None of these

6) ANTARA is the news agency of:
a) Indonesia b) Malaysia c) Turkey d) None of the these

7) The largest opium producer province in Afghanistan is:
a) Helmand b) Nangarhar c) Badakhshan d) None of these

8) Silk Air is an airline of:
a) Sri Lanka b) Switzerland c) Singapore d) China

9) Channel Tunnel is an under sea rail tunnel linking:
a) England and Ireland b) England and France c) France and Germany d) None of these.

10) The Strait of Malacca is the main shipping channel between the India Ocean and:
a) The North Pacific Ocean b) South Pacific Ocean c) South Atlantic Ocean d) None of these

11) The recently published book " Between Dreams and Realities" is written by:
a) Shamshad Ahmad Khan b) Gohar Ayub c) Sahibzada Yakoob Ali Khan d) None of these

12) The largest Agency of FATA by population is:
a) Bajaur Agency b) North Wazirstan c) South Waziristan d) None of these

13) Which of the following categories of Nobel Prise was established in 1968?
a) Medicine b) Literature c) Economics d) None of these

14) Total cultivable Land of Pakistan is approximately:
a) 80 million hectares b) 120 million hectares c) 150 million hectares d) None of these.

15) Who is Francois Fillon?
a) Prime Minister of Italy b) President of Germany c) Foreign Minister of France d) None of these

16) The largest island in Indian Ocean is:
a) Sri Lanka b) Sumatra c) Madagascor d) None

17) 3 May is observed Internationally as:
a) Environment Day b) Population Day c) Press Freedom Day d) None of these

18) 2016 Summer Olympics will be held at:
a) Sydney b) Madrid c) Chicago d) Rio de Janerio

19) Kyat is the currency of:
a) Nepal b) Myanmar c) Bhutan d) None

20 Environment Treaty Kyoto Protocol will be expired in:
a) 2012 b) 2014 c) 2015 d) None of these.

Which of the following countries is the world's largest emitter of Carbon Dioxide in the atmosphere?
a) China

2) Who is Stanley McChrystal?
a) Commander US forces in Afghanistan

3) The headquarters of Green Peace International is located at:
b) Amsterdam

4) The oldeest internet search engine among the following is:
c) Yahoo

5) The power generating capacity of Diamer-Basha Dam would be:
c) 4500 MW

6) ANTARA is the news agency of:
a) Indonesia

7) The largest opium producer province in Afghanistan is:
a) Helmand

8) Silk Air is an airline of:
c) Singapore

9) Channel Tunnel is an under sea rail tunnel linking:
b) England and France

10) The Strait of Malacca is the main shipping channel between the India Ocean and:
b) South Pacific Ocean

11) The recently published book " Between Dreams and Realities" is written by:
d) None of these (Sartaj Aziz)

12) The largest Agency of FATA by population is:
a) Bajaur Agency

13) Which of the following categories of Nobel Prize was established in 1968?
b) Literature

14) Total cultivable Land of Pakistan is approximately:
a) 80 million hectares

15) Who is Francois Fillon?
d) None of these (ex Prime Minister France)

16) The largest island in Indian Ocean is:
c) Madagascor

17) 3 May is observed Internationally as:
c) Press Freedom Day

18) 2016 Summer Olympics will be held at:
d) Rio de Janerio (Brazil)

19) Kyat is the currency of:
b) Myanmar (Burma)

20 Environment Treaty Kyoto Protocol will be expired in:
a) 2012
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  #268  
Old Saturday, June 09, 2012
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Quote:
Originally Posted by mehwishsaher View Post
ECONOMICS, PAPER-I


(i) Price effect is a combination of:

(a) Income effect and policy effect
(b) Income substitution, income and welfare effect
(c) Substitution effect plus market affect
(d) All of these

(ii) which of the following is true in long run equilibrium for a firm in monopolistic competition?
(a) MC = ATC
(b) MC > ATC
(c) MC ≤ ATC
(d) None of thes MC < ATC

(iii) To represent the whole economy there are:
(a) Four markets
(b) Three markets
(c) Two markets
(d) None of these

(iv) The long run average cost curve is:
(a) U-shaped
(b) J-shaped
(c) Hyperbola shape
(d) Both (a) and (b)
(e) None of these

(v) Demand curve in monopolistic competition is:

(a) Relatively flatter than monopoly
(b) Relatively steeper than monopoly
(c) Negatively sloped and same as monopoly
(d) None of these

(vi) The relation between labour units employed and wage rate is shown by:

(a) Value of marginal product of labour [VMP1]
(b) Value of average product of labour [VAP1]
(c) Negatively sloped marginal productivity curve
(d) Both (b) and (c)

(vii) A market with few entry barriers and with many firms that sell differentiated products is:

(a) Purely competitive
(b) Monopoly
(c) Monopolistically competitive
(d) Oligopolistic Competition

(viii) The firm’s profit will be maximum when its:
(a) Marginal cost is greater than marginal revenue
(b) Marginal revenue is greater than marginal cost
(c) Marginal cost is equal to marginal revenue
(d) Both (a) and (b)

(ix) General equilibrium represents:
(a) Equilibrium of the goods and money market
(b) Equilibrium of the goods market
(c) Equilibrium of the goods, money and labour market
(d) None of these

(x) Net exports are always:
(a) Positive
(b) Negative
(c) Balance
(d) None of these

(xi) When Slope of the Aggregate Expenditure Curve increases; (Keynesian Cross model)
(a) National Income will increase
(b) National Income will decrease
(c) There will be recessionary gap
(d) There will be inflationary gap
(e) None of these

(xii) GNP of a country is:
(a) GDP divided by prices
(b) GNP – GDP
(c) GNP – Depreciation
(d) None of these

(xiii) Money is:
(a) Currency and Coins
(b) Credit cards and drafts
(c) Bonds
(d) Promissory notes
(e) None of these

(xiv) Keep in mind Production Possibility Frontier (PPF):
(a) All the points on the PPF could be efficient points
(b) Production may be chosen inside PPF which will be efficient
(c) Production out side the PPF is efficient
(d) None of these

(xv) The investment demand curve is always:
(a) Negatively sloped
(b) Positively sloped
(c) Vertical
(d) Horizontal

(xvi) Real interest rate is:
(a) Interest rate divided by prices
(b) Interest rate divided by inflation
(c) Interest rate minus inflation
(d) Interest rate plus inflation

(xvii) The consumer will be in equilibrium where:
(a) Budget line intersect indifference curve
(b) Budget line intersect price line
(c) Both (a) and (b)
(d) None of these

(xviii) When there is Liquidity Trap:
(a) Money demand increases interest rate
(b) Money demand decreases interest rate
(c) Money demand curve is vertical
(d) All of these
(e) None of these

(xix) Due to change in price aggregate demand curve will:

(a) Shift to the left
(b) Shift to the right
(c) None of (a) and (b)
(d) Become flatter

(xx) Derived demand is:

(a) Like demand for shoe maker
(b) Like teacher / tutor
(c) Like craftsman
(d) All of these
(e) None of these


dear mehwishsaher real interest rate is interest minus inflation. please don't post the answers if you are not sure cuz by doing this your are confusing people instead of helping them.
thanks.
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  #269  
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Quote:
Originally Posted by rafay2k1 View Post
4. If a man were to sell his horse for Rs.720, he would lose 25%. What must he sell it for to gain 25% ?
Solution:
selling price + lose = cost
720 + 25%c = c
cost = 960
he wants profit of 25%.
Selling price = 960 * 1.25 = 1,200



But 25% of 720 is 180 not 240.. so it becomes 900 not 960... please correct me if i am wrong


dear here is the simple solution: 720/0.75 = 960 cost or 720/75*100 = 960

960*1.25= 1200
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  #270  
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Quote:
Originally Posted by saqib View Post
dear mehwishsaher real interest rate is interest minus inflation. please don't post the answers if you are not sure cuz by doing this your are confusing people instead of helping them.
thanks.
Thanx alot for the suggestion. But you can find the corrected version of answers just after my post.
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