What is public sector ?

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. What is comprised by public sector ?

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

3. 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

4. The biggest Industrial unit in public sector is ?

   A. Karachi Shipyard
   B. Pakistan Steel Mili
   C. State Cement
   D. Telephone Industry of Pakistan

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. Which one of the following is the largest sector of Pakistan’s economy ?

   A. Agriculture
   B. Banking
   C. Industry
   D. Manufacturing

9. What is the contribution of forest sector in GDP ?

   A. 0.1%
   B. 3.1
   C. 1.1
   D. 2.1

10. Livestock sector accounts for nearly 36 percent of agriculture value added and about 9.0 percent of the ?

    A. GDP
    B. GNP
    C. export earnings
    D. budget