Economics MCQS

411. Statistic is calculated from :
A. Sample
B. Population
C. Constant
D. None of these


412. The power where by knowledge , skill, health and behavior of population is upgrated is called :
A. Human resources development
B. State resources development
C. Animal resources development
D. None of these**


413. A special judge is appointed by the Federal Government under Section:
(A) 37C
(B) 37B
(C) 37A
D) 37D


414. It is necessary to produce an arrested person before the special judge or the nearest judicial magistrate within _ hours of such arrest.
(A) 36
(B) 48
(C) 72
D) 24


415. The Sales Tax Officer authorized to hold inquiry shall maintain a register to be called:
(A) Register of Arrests
(B) Register of Detention
C) Register of Arrests and Detention
(D) None of these


416. According to section __ Commissioner may by notice in writing require any person including a banking company to furnish such information or such statement in connection with any investigation or inquiry in cases of tax fraud.
(A) 37A
(B) 37B
C) 38A
(D) 38B


417. The officer of Inland Revenue may enter a place to search any documents or things useful for any proceedings after obtaining a warrant from the magistrate under section:
A) 40
(B) 40A
(C) 40B
(D) None of these**


418. Demand function is given as Dx = f (Px , P2, Y, T ). What does T stand for:
A: Tastes
B: Taxes
C: Both of the above
D: None of the above


419. By effective demand, we mean:
A: Both ability and willingness to buy a commodity
B: Desire to own a commodity
C: Willingness to buy a commodity
D: Ability to buy a commodity


420. Demand definition is complete when we have data on:
A: Price, quantity and time
B: Income, quantity and time
C: Price, utility and time
D: Price, quantity and utility


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