Which year did Pakistan face its first major economic crisis after independence?
a) 1948
b) 1953
c) 1958
d) 1965
Which global financial institution has provided multiple bailout packages to Pakistan?
a) World Bank
b) Asian Development Bank
c) International Monetary Fund (IMF)
d) United Nations Development Programme (UNDP)
What was the main reason behind Pakistan’s economic crisis in 1971?
a) Oil price shock
b) Separation of East Pakistan
c) Agricultural failure
d) Global financial crisis
Which war severely impacted Pakistan’s economy in 1965?
a) Afghan War
b) Kargil War
c) Indo-Pak War of 1965
d) Cold War
Which Pakistani government initiated the first structural adjustment program with the IMF?
a) Ayub Khan’s government
b) Zia-ul-Haq’s government
c) Benazir Bhutto’s government
d) Nawaz Sharif’s government
What was the primary cause of Pakistan’s economic crisis in 2008?
a) Global financial meltdown
b) Natural disasters
c) Political instability
d) Trade sanctions
Which sector contributes the most to Pakistan’s GDP?
a) Agriculture
b) Industry
c) Services
d) Energy
Which crisis in 1998 led to severe economic sanctions on Pakistan?
a) Kargil Conflict
b) Nuclear tests
c) East Asian Financial Crisis
d) Trade deficit
What was the key economic issue Pakistan faced in 2022?
a) Low inflation
b) High foreign exchange reserves
c) Balance of payments crisis
d) Surplus trade balance
Which international body provided Pakistan a bailout package in 2019?
a) IMF
b) World Bank
c) Asian Development Bank
d) United Nations
Which year did Pakistan experience a severe wheat and sugar crisis?
a) 1999
b) 2008
c) 2020
d) 2023
Which Pakistani currency crisis led to sharp depreciation of the rupee in 2018?
a) Overvaluation of the rupee
b) Global economic downturn
c) Depletion of foreign exchange reserves
d) High remittances
Which economic policy was introduced in Pakistan during the 1990s?
a) Nationalization
b) Import substitution
c) Privatization
d) Industrialization
Which Pakistani government was responsible for implementing the first privatization policy?
a) Zia-ul-Haq’s government
b) Benazir Bhutto’s government
c) Nawaz Sharif’s government
d) Ayub Khan’s government
Which natural disaster significantly impacted Pakistan’s economy in 2010?
a) Earthquake
b) Drought
c) Floods
d) Cyclone
What is the major contributor to Pakistan’s external debt crisis?
a) Trade surplus
b) Low defense spending
c) High imports and low exports
d) Rising remittances
Which factor has contributed the most to Pakistan’s energy crisis?
a) Overproduction of electricity
b) Circular debt
c) High oil reserves
d) Low industrial demand
What was Pakistan’s GDP growth rate in the fiscal year 2022-23?
a) 1.5%
b) 2.5%
c) 3.6%
d) 5.2%
Which year saw Pakistan’s highest inflation rate in the past two decades?
a) 2010
b) 2013
c) 2023
d) 2005
Which industry in Pakistan is the largest foreign exchange earner?
a) Automotive
b) IT services
c) Textile
d) Tourism
What is Pakistan’s major export commodity?
a) Petroleum
b) Pharmaceuticals
c) Rice
d) Electronic goods
Which country is Pakistan’s largest trading partner?
a) China
b) USA
c) UAE
d) Saudi Arabia
What is Pakistan’s biggest source of foreign remittances?
a) United States
b) United Arab Emirates
c) Saudi Arabia
d) European Union
Which year did Pakistan achieve its highest GDP growth rate?
a) 1969
b) 1980
c) 2004
d) 2018
Which government introduced the China-Pakistan Economic Corridor (CPEC)?
a) Pervez Musharraf
b) Asif Ali Zardari
c) Nawaz Sharif
d) Imran Khan
Which factor has been a major cause of Pakistan’s budget deficit?
a) Low government spending
b) High tax revenue
c) High public debt
d) Trade surplus
What percentage of Pakistan’s GDP is contributed by agriculture?
a) 10%
b) 18%
c) 22%
d) 30%
Which global event worsened Pakistan’s economic crisis in 2022?
a) COVID-19 pandemic
b) Russia-Ukraine War
c) Brexit
d) US-China Trade War
What is the major reason for Pakistan’s recurring economic crises?
a) Strong industrial base
b) Dependence on foreign loans
c) High domestic savings
d) Strong currency reserves
