Introduction of Economic Reforms in Pakistan took place in the year __________ .
- Pakistan introduced significant economic reforms in 1988 under the leadership of Prime Minister Benazir Bhutto, aiming to liberalize the economy, reduce the role of state-owned enterprises, and promote private sector growth.
- The other dates do not correspond to the major economic reforms in Pakistan.
Conclusion: Option (C) is correct as the economic reforms began in Pakistan in 1988.
| Row | Statistical Model | Elasticity |
| 1 | \(y_t=β_1+β_2\frac{1}{x_t}\epsilon_t\) | \(-\frac{β_2}{x^2_t}\) |
| 2 | \(y_t=β_1-β_2\text{ln}(x_t)+\epsilon_t\) | \(-\frac{β_2}{x^2_t}\) |
| 3 | ln(yt) = β1 + β2 ln(xt) + εt | β2 |
| 4 | ln(yt) = β1 + β2xt + εt | β2xt |
| 5 | ln(yt) = β1 + β2 ln(xt) + εt | β2 exp(xt) |
| 6 | ln(yt) = β1 + β2xt + εt | \(β_2\frac{1}{\text{exp}(x_t)}\) |
Two players \( A \) and \( B \) are playing a game. Player \( A \) has two available actions \( a_1 \) and \( a_2 \). Player \( B \) has two available actions \( b_1 \) and \( b_2 \). The payoff matrix arising from their actions is presented below:

Let \( p \) be the probability that player \( A \) plays action \( a_1 \) in the mixed strategy Nash equilibrium of the game.
Then the value of p is (round off to one decimal place).
Eight students (P, Q, R, S, T, U, V, and W) are playing musical chairs. The figure indicates their order of position at the start of the game. They play the game by moving forward in a circle in the clockwise direction.
After the 1st round, the 4th student behind P leaves the game.
After the 2nd round, the 5th student behind Q leaves the game.
After the 3rd round, the 3rd student behind V leaves the game.
After the 4th round, the 4th student behind U leaves the game.
Who all are left in the game after the 4th round?

Here are two analogous groups, Group-I and Group-II, that list words in their decreasing order of intensity. Identify the missing word in Group-II.
Abuse \( \rightarrow \) Insult \( \rightarrow \) Ridicule
__________ \( \rightarrow \) Praise \( \rightarrow \) Appreciate
The 12 musical notes are given as \( C, C^\#, D, D^\#, E, F, F^\#, G, G^\#, A, A^\#, B \). Frequency of each note is \( \sqrt[12]{2} \) times the frequency of the previous note. If the frequency of the note C is 130.8 Hz, then the ratio of frequencies of notes F# and C is: