241. Which of the following models makes the assumption of constant saving-income ratio?
A. Kaldor model
B. Leontief model
C. Harrod-Domar model
D. John Robinson model
242. Which of the following was given a central place by Schumpeter in his theory of development?
A. Capital accumulation
B. Role of the Government
C. Need for balanced growth
D. Role of innovations
243. Drawback is allowed on re-export, but no such drawback is repaid unless the re-export is made within a period of _ years from the date of importation as per record of the Custom House.
(A) 03
B) 02
(C) 01
(D) 04
244. According to section _, the repayment of tax to a person registered in Azad Jammu & Kashmir can be made in whole or in part of the input tax on any goods acquired in or imported into Pakistan by a person registered in Azad Kashmir and is engaged in making zero-rated supplies.
(A) 59
(B) 60
(C) 61
D) 61A
245. Board may authorize the repayment in whole or in part of the tax paid on goods of such class or description as it may determine under section _.
(A) 60
B) 6
(C) 62
(D) 64
246. Section __ provides powers to deliver certain goods without payment of tax.
(A) 52
(B) 54
C) 60
(D) 62
247. Federal Government may, by notification, direct that the tax not levied or short-levied as a result of inadvertent practice shall not be required to be paid for the period prior to the discovery of such inadvertent practice as per section?
(A) 64
B) 65
(C) 66
(D) 67
248. Normative economics is based on:
(A) Cause and effect of facts
(B) Ethics
C) Value judgments
(D) Both B & C
249. Positive economics is based on:
(A) Cause and effect of facts
(B) Ethics
(C) Value judgments
D) All of the above
250. Economics is?
(A) An art
(B) A science
C) Both of the above
(D) None of the above
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