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Eco401 Final Term Papers 2012


FINALTERM  EXAMINATION

Fall 2008

PAK301- Pakistan Studies (Session - 2)

Time: 120 min

Marks: 75

Student Info

 StudentID:


 Center:

 

 ExamDate:

  2/18/2009 12:00:00 AM

For Teacher's Use Only

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Question No: 1    ( Marks: 1 )    - Please choose one

 What kind of political system Pakistan has?

       Federal System

       ►Parliamentary system

       ►Presidential system

       ►None of these

   

Question No: 2    ( Marks: 1 )    - Please choose one

 Which constitutional body in Pakistan enjoys only advisory capacity?

       ►National Assembly

       ►Senate

       National Security Council

       ►Supreme Court

   

Question No: 3    ( Marks: 1 )    - Please choose one

 When did Yahya Khan impose 2nd Martial Law in Pakistan?

       ►On March 23, 1969

       ►On October 16, 1969

       On March 25, 1969

       ►On December, 25 1969

   

Question No: 4    ( Marks: 1 )    - Please choose one

 When the Joint Electorate was adopted for all Pakistan by the National Assembly?

       ►1954

       ►1955

       ►1956

       1957

   

Question No: 5    ( Marks: 1 )    - Please choose one

 When was the First BPC Report presented to the Constituent Assembly of Pakistan?

       In, 1950

       ►In, 1951

       ►In, 1952

       ►In, 1953

   

Question No: 6    ( Marks: 1 )    - Please choose one

 What task was assigned to “Shahabuddine Commission” set up in 1960?

       ►To hold presidential Referendum in the country

       To examine the causes of failure of parliamentary system

       ►To give legal shape to the constitution of 1956

       ►To introduce Basic Democracy system in Pakistan

   

Question No: 7    ( Marks: 1 )    - Please choose one

 When did Ayub Khan abrogate the Constitution of 1956?

       ►8th June, 1958

       ►14th August, 1958

       ►23rd March, 1958

       7th October, 1958

   

Question No: 8    ( Marks: 1 )    - Please choose one

 When the Constitution of 1956 was promulgated?

       ►8th June, 1956

       ►14th August, 1956

       23rd March, 1956

       ►1st July, 1956

   

Question No: 9    ( Marks: 1 )    - Please choose one

 What does PIDC stand for?

       ►Pakistan international Development Corporation

       ►Pakistan Intelligence Development Committee

       ►Pakistan Industrial Development Committee

       Pakistan Industrial Development Corporation

   

Question No: 10    ( Marks: 1 )    - Please choose one

 What is the main cause of low literacy rate in Pakistan?

       ►Poverty

       ►Shortage of economic resources

       ►Poor infrastructure

       All of them

   

Question No: 11    ( Marks: 1 )    - Please choose one

 How many large states were there in India on the verge of the partition of India?

       ►555

       560

       ►565

       ►550

   

Question No: 12    ( Marks: 1 )    - Please choose one

 Who launched a movement for the Muslim tenant against the Hindu landlords?

       ►Sardar Abdur Rab Nishtar

       Maulana Bhashani

       ►Maulana Azad Hussain

       ►Khizer Hayat Tiwana

   

Question No: 13    ( Marks: 1 )    - Please choose one

 What does BPC stand for?

       ►Basic Primary Constitution

       ►Basic Parliament Commission

       ►Basic Permanent Committee

       Basic Principle Committee

   

Today paper of Eco401

1) Explain second degree price discrimination with the help of an example. (3 Marks)

2) Differentiate between personal income and disposable personal income. 3 Marks

3) Differentiate between underemployment and disguised unemployment. 3 Marks

4) Briefly discuss the concept of capital deepening in the context of economic growth. 3 Marks

5) There are certain conditions for price discrimination to hold. Discuss those conditions.  5 Marks

6) Suppose firm A produces steel from raw iron and sells it for Rs.200,000 to firm B. Firm B buys this steel and then processes it to produce a car body of worth Rs.400,000. Firm C buys this car body, adds the other parts and sells the complete car for Rs.600,000. From this information, calculate the gross domestic product by value added method. 5 Marks

7) Let an economy is characterized by the following equation:

AD = Y = C + I + G + (X-M)

Where, C = 500 + 0.90Y, G = 300, I = 200, M = 150, X = 250

Find out the equilibrium output level. 5 Marks

8) Let an economy is characterized by following information:

Saving = -10 + 0.2Y, Imports = 70, Investment = 100 and Exports = 70

Calculate the equilibrium level of output by using leakages-injections approach.5 Marks

9) Give any five examples of foreign exchange markets. 5 Marks

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