The biggest Industrial unit in public sector is ?

Related Mcqs:

1. Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?

   A. I and III only
   B. II and III only
   C. I, II and III only
   D. I, II , III only IV

2. The public sector includes ?

   A. Investors owning companies
   B. Government ownership of assets
   C. Market forces of supply and demand
   D. All trade via barter

3. What is comprised by public sector ?

   A. Public corporations
   B. Central and local government.
   C. Nationalized industries
   D. All of them

4. What is public sector ?

   A. Public corporations
   B. Central and local government
   C. Nationalized Industries
   D. All of them

5. The public Sector Net Cash Requirement (PSNCR) is ?

   A. A measure of the country’s trade position
   B. A measure of the country’s budget position
   C. A measure of the country’s total debt
   D. A measure of the government’s monetary stance

6. Which of the following is not a public policy to promote the private sector ?

   A. Investigating development potential through scientific and market research and natural resources surveys
   B. Providing adequate infrastructure for public and private agencies
   C. Creating markets, including commodity markets, security exchanges, banks credit facilities and insurance companies
   D. Increasing market monopolies and oligopolies to help producers

7. Planning in many LDCs has failed because detailed programs for the public sector have not been worked out and ?

   A. governments depend primarily on their colonial masters
   B. excessive controls are used in the private sector
   C. the brain drains cost government substantially
   D. monopolies dominate in the agricultural sector

8. Industry is the second largest sector of the economy. How much of GDP it accounts for ?

   A. 16.5%
   B. 18.2%
   C. 19.7%
   D. 20.5%

9. The optimal level of provision of public goods is where society total willingness to pay per unit is equal to the ?

   A. variable cost of producing the good
   B. average cost of producing the good
   C. marginal cost of producing the good
   D. total cost of producing the good

10. The biggest Industry of Pakistan is ?

    A. cement
    B. Sugar
    C. Textile
    D. Paper