Economics
Cottage & Small-Scale Industries MCQs with Answers
What is the main characteristic of cottage industries? a) Large-scale production b) Mechanized operations c) Production at home or small…
Read More »Energy Crisis & Industrial Growth MCQs with Answers
What is the main cause of the energy crisis in many developing countries? a) Overproduction of energy b) High dependency…
Read More »Role of Textile Industry in Pakistan MCQs with Answers
What is the primary role of the textile industry in Pakistan’s economy? a) Providing employment and contributing to GDP b)…
Read More »Natural Resources & Their Utilization MCQs with Answers
What is the main purpose of utilizing natural resources? a) To generate economic value through production and consumption b) To…
Read More »Import Substitution & Export Promotion MCQs with Answers
What is the primary objective of import substitution? a) To reduce reliance on foreign goods by promoting local industries b)…
Read More »Food Security & Agricultural Sustainability MCQs with Answers
What is the primary goal of food security? a) To ensure that food is available only to wealthy individuals b)…
Read More »Economic Impact of COVID-19 MCQs with Answers
How did COVID-19 impact global supply chains? a) It improved supply chain efficiency worldwide b) It disrupted global supply chains…
Read More »The Role of Artificial Intelligence in Economy MCQs with Answers
How does AI impact economic productivity? a) It decreases productivity by eliminating jobs b) It improves productivity by automating repetitive…
Read More »Impact of Climate Change on Economy MCQs with Answers
How does climate change impact global agricultural productivity? a) It improves crop yields worldwide b) It disrupts food production and…
Read More »Global Oil Prices & Their Economic Effects MCQs with Answers
What happens when global oil prices increase? a) Inflation tends to rise b) Consumer spending increases c) Production costs decrease…
Read More »Impact of Remittances on Pakistan’s Economy MCQs with Answers
What are remittances? a) Foreign investments in Pakistan b) Money sent by overseas Pakistanis to their families back home c)…
Read More »Financial Crises & Their Causes MCQs with Answers
What is a financial crisis? a) A period of sustained economic growth b) A situation where financial institutions or assets…
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