Social Studies Class 5th MCQs=650

Contents

Economics

Economics: According to famous economist Adam Smith “Economics is the science of Wealth”.
Goods: Public goods mean all those things and facilities that a government provides to its citizens without any distinction. Like school, Hospitals, roads, and banks.
Services: Services provides by government like education, health, police and armed Force and other related services are called public services.
Trade (تجارت): Selling and buying process of the goods is called trade.
Export (برآمدات): All such items that we sell to the other counties are called exports.
Import (درآمدات): All such items which we buy from other countries of the world are called imports.
Foreign exchange (زرمبادلہ): Means foreign currency. Exchanging of national goods with foreign currency is also called foreign exchange.
Pakistan exports thread, fabric, readymade garments, bed sheet, rice, leather items, carpets, sports items, surgical instrument and fish etc.
Pakistan imports important oil, defense equipment’s, spare parts of transportations, fertilizers, chemicals, colors, medicine, iron, raw materials and cooking oils etc.
Barter (مال کے بدلے مال): The people started direct exchange of goods to get what they needed. It was called barter system.
Currency: The coins and notes used in a country are called currency.

Contents Details

1. Unit No: 01 Citizenship MCQs=25 Login to take Quiz

2. Unit No: 02 Culture MCQs=115 Login to take Quiz

3. Unit No: 03 State and Government MCQs=31 Login to take Quiz

4. Unit No: 04 History (The Beginning of Civilization) MCQs=267 Login to take Quiz

5. Unit No: 05 Geography (Globe and Map Skills) MCQs=89 Login to take Quiz

6. Unit No: 6 Economics MCQs=45 Login to take Quiz

Account