Economic | MCQs

Explanation

The function of a Bank is to collect deposits from the public and lend those deposits for the development of Agriculture, Industry, Trade and Commerce.

Explanation

The Planning Commission is a financial and public policy development institution of the Government of Pakistan.

The Commission comes under Ministry of Planning, Development and Reforms.

The Planning Commission undertakes research studies and state policy development initiatives for the growth of national economy.

 Expansion of the public and state infrastructure of the country in tandem with the Ministry of Finance.

Explanation

Pakistan Steel Mill is located in Karachi, founded on 2 July 1973 with the support of Russia.

Explanation

"Small and Medium Enterprises Development Authority (SMEDA) is an autonomous institution of the Government of Pakistan under Ministry of Industries and Production

Explanation

Saleem Ahmad appointed Chairman of Privatization Commission (PC) on 20 January 2022 and he resigned on 13 July, 2022.

Explanation

Panic can be caused by bankruptcy. So the correct answer is D.

Explanation

Costly antonym

cheap

inexpensive

Explanation

Their share price fell to below ten rupees yesterday.

Explanation

Explanation