Digital Economy & Public Policy MCQs with Answer
The digital economy primarily relies on:
A) Internet and digital technologies
B) Traditional brick-and-mortar businesses
C) Manual labor-intensive processes
D) Paper-based transactions
Which of the following is a key component of the digital economy?
A) E-commerce
B) Manual cash transactions
C) Traditional banking only
D) Non-digital government services
Public policy for the digital economy focuses on:
A) Regulating and enabling digital businesses
B) Banning digital transactions
C) Restricting internet access
D) Preventing digital trade
Which sector is most impacted by digital transformation?
A) Financial services
B) Only agriculture
C) Only mining industries
D) Only textile manufacturing
What is the role of government in the digital economy?
A) Creating regulations and digital infrastructure
B) Eliminating digital businesses
C) Increasing bureaucracy
D) Restricting digital innovations
Which policy is crucial for fostering a digital economy?
A) Data protection laws
B) Increasing taxes on digital businesses
C) Reducing internet access
D) Avoiding investment in technology
A major challenge in the digital economy is:
A) Cybersecurity threats
B) Declining digital innovation
C) Increased reliance on manual work
D) Reducing internet penetration
Which technology is driving the digital economy?
A) Artificial Intelligence (AI)
B) Typewriters
C) Traditional postal services
D) Fax machines
Which of the following is an example of digital trade?
A) Online marketplaces
B) Traditional street markets
C) Physical-only retail stores
D) Barter trade
How does the digital economy impact employment?
A) Creates new job opportunities in tech sectors
B) Reduces employment in all industries
C) Eliminates the need for workers
D) Makes all jobs manual
Which organization plays a major role in global digital economy policy?
A) World Economic Forum (WEF)
B) FIFA
C) International Olympic Committee
D) World Anti-Doping Agency
The digital economy contributes to GDP growth by:
A) Enhancing productivity and innovation
B) Eliminating all traditional industries
C) Increasing physical labor dependency
D) Discouraging investments in technology
Which of the following is an example of financial technology (FinTech)?
A) Mobile banking apps
B) Cash-only transactions
C) Traditional bookkeeping
D) Manual record-keeping
Which factor is essential for a successful digital economy?
A) High-speed internet access
B) Restrictive government policies
C) Lack of digital infrastructure
D) Avoiding investment in cybersecurity
Which sector benefits most from blockchain technology?
A) Financial services
B) Traditional farming
C) Brick-and-mortar retail stores
D) Manual data entry services
Digital taxation policies aim to:
A) Ensure fair tax contributions from digital businesses
B) Eliminate e-commerce platforms
C) Increase taxes only on offline businesses
D) Restrict internet usage
Which of the following is a global digital payment system?
A) PayPal
B) Traditional checks
C) Barter trade
D) Postal money orders
What is an economic benefit of digital banking?
A) Faster and more secure financial transactions
B) Increased fraud risk only
C) Restriction on online payments
D) Slower money transfers
Which public policy measure helps boost digital entrepreneurship?
A) Startup incentives and digital infrastructure
B) Banning e-commerce startups
C) Increasing digital business restrictions
D) Removing investment in innovation
A major challenge of digital policymaking is:
A) Balancing innovation with regulation
B) Eliminating digital businesses
C) Restricting new technology
D) Avoiding cybersecurity laws
Which organization regulates digital transactions in Pakistan?
A) State Bank of Pakistan (SBP)
B) Pakistan Cricket Board (PCB)
C) National Highway Authority (NHA)
D) Pakistan Telecommunication Authority (PTA)
Which of the following best describes the gig economy?
A) Short-term, freelance, or contract work facilitated by digital platforms
B) Permanent government jobs
C) Traditional long-term employment contracts
D) Only manufacturing jobs
What role does 5G technology play in the digital economy?
A) Enables faster and more efficient digital services
B) Eliminates digital connectivity
C) Reduces internet speeds
D) Restricts online trade
Which of the following is a feature of cashless economies?
A) Digital and mobile payments replacing cash transactions
B) Increased reliance on physical currency
C) Only using paper-based banking methods
D) Avoiding financial technology
Which country is considered a leader in digital economy innovation?
A) United States
B) Afghanistan
C) Somalia
D) North Korea
Which of the following helps prevent digital fraud?
A) Strong cybersecurity measures
B) Weak online security
C) Avoiding digital verification processes
D) Lack of data protection laws
What is a major advantage of cloud computing in public policy?
A) Provides scalable and secure digital services
B) Increases paperwork
C) Slows down digital transformation
D) Restricts data accessibility
Which of these is a major digital economy policy concern?
A) Data privacy and protection
B) Reducing access to digital tools
C) Eliminating digital businesses
D) Avoiding internet development
Which technology is driving the future of the digital economy?
A) Artificial Intelligence and blockchain
B) Fax machines
C) Typewriters
D) Paper-based data management