Which major economic challenge has persisted in Pakistan for decades?
A) Trade surplus
B) Balance of payments deficit
C) Low unemployment rate
D) Excessive foreign reserves
What is one of the biggest hurdles to Pakistan’s economic growth?
A) Low population growth
B) High inflation and debt
C) Overproduction of goods
D) Lack of land resources
Which sector is the backbone of Pakistan’s economy?
A) IT Industry
B) Textile Industry
C) Agriculture
D) Automobile Industry
What percentage of Pakistan’s GDP is contributed by the agriculture sector?
A) 10%
B) 19%
C) 24%
D) 30%
Which organization provides financial assistance to Pakistan for economic stability?
A) ASEAN
B) BRICS
C) IMF
D) SAARC
What is a major reason for Pakistan’s fiscal deficit?
A) High industrial output
B) Low taxation and high expenditures
C) Surplus budget
D) Excess foreign aid
Which reform is crucial for stabilizing Pakistan’s economy?
A) Reduction of foreign investment
B) Expansion of the informal sector
C) Tax reforms and broadening tax base
D) Increasing subsidies for all sectors
Which tax system reform is often suggested to improve revenue collection in Pakistan?
A) Increasing indirect taxes
B) Strengthening direct taxation
C) Reducing all taxes
D) Eliminating corporate tax
Which financial crisis has repeatedly affected Pakistan’s economy?
A) Oil price collapse
B) Banking collapse
C) Currency depreciation
D) Over-employment crisis
Which government initiative aims to boost Pakistan’s exports?
A) National Industrial Policy
B) Export Promotion Policy
C) Import-Substitution Strategy
D) All of the above
Which international financial institution has Pakistan taken multiple loans from?
A) World Bank
B) Asian Development Bank
C) IMF
D) All of the above
Which major energy sector issue affects Pakistan’s economy?
A) Excess energy supply
B) Load shedding and energy crisis
C) High power generation but low consumption
D) No foreign investments in energy
What is one of the primary causes of inflation in Pakistan?
A) High production levels
B) Low demand for goods
C) Depreciation of the rupee
D) Increasing foreign reserves
Which economic reform is crucial for sustainable growth in Pakistan?
A) Increasing reliance on foreign loans
B) Enhancing ease of doing business
C) Expanding the informal economy
D) Increasing import duties on all goods
Which industry is a major source of Pakistan’s exports?
A) Automotive
B) Pharmaceutical
C) Textile
D) Steel
Which major challenge hinders foreign direct investment (FDI) in Pakistan?
A) Political instability
B) Oversaturation of industries
C) Low labor costs
D) Trade liberalization
Which economic policy focuses on privatization of state-owned enterprises?
A) Nationalization policy
B) Public-Private Partnership Model
C) Industrial Socialization Plan
D) Federal Economic Control System
What is the purpose of Pakistan’s Special Economic Zones (SEZs)?
A) Reducing industrial output
B) Encouraging foreign and local investment
C) Limiting business expansion
D) Increasing trade restrictions
Which government initiative aims to digitize Pakistan’s economy?
A) Pakistan Vision 2025
B) Digital Pakistan Initiative
C) Economic Revitalization Plan
D) Green Pakistan Plan
Which economic issue has forced Pakistan to seek repeated bailouts from IMF?
A) High foreign exchange reserves
B) Large trade surplus
C) Low fiscal deficit
D) High external debt
Which factor negatively affects Pakistan’s industrial growth?
A) Excess skilled labor
B) High electricity costs
C) Overproduction in the industrial sector
D) Trade surplus
What is one of the major causes of Pakistan’s unemployment problem?
A) Labor shortage
B) Lack of industrial diversification
C) High global demand for workers
D) Rapid automation
Which major economic policy reform did Pakistan implement under IMF programs?
A) Currency appreciation
B) Higher government subsidies
C) Reduction in fiscal deficit
D) Increased import tariffs
Which region is crucial for Pakistan’s trade under CPEC?
A) Northern Areas
B) Gwadar Port
C) Punjab Industrial Zone
D) Karachi Stock Exchange
Which economic issue is directly linked to Pakistan’s rising inflation?
A) Increasing foreign reserves
B) Unemployment rate drop
C) Currency depreciation
D) Declining exports
Which initiative aims to boost small and medium enterprises (SMEs) in Pakistan?
A) National SME Development Strategy
B) Large-Scale Manufacturing Plan
C) State-Owned Enterprises Growth Plan
D) Exclusive Trade Monopoly Plan
Which of the following is a major reason for Pakistan’s import dependency?
A) Lack of natural resources
B) Low domestic production capacity
C) High GDP growth
D) Trade surplus
Which economic factor influences foreign investors’ decisions in Pakistan?
A) Tax incentives
B) Political stability
C) Energy availability
D) All of the above
Which economic sector has the highest potential for rapid growth in Pakistan?
A) Manufacturing
B) IT and digital services
C) Real estate
D) Mining
