Pakistan’s first Five-Year Plan was launched in:
A) 1948
B) 1950
C) 1955
D) 1958
Which sector was given priority in Pakistan’s First Five-Year Plan?
A) Agriculture
B) Industry
C) Services
D) Defense
Which economic policy was introduced during Ayub Khan’s regime?
A) Nationalization
B) Green Revolution
C) Structural Adjustment Program
D) Privatization
The nationalization policy in Pakistan was introduced in:
A) 1958
B) 1972
C) 1985
D) 1999
Which Five-Year Plan was abandoned due to the 1965 war?
A) First
B) Second
C) Third
D) Fourth
The Structural Adjustment Program (SAP) in Pakistan was initiated under the supervision of:
A) United Nations
B) World Bank and IMF
C) Asian Development Bank
D) OPEC
Which major economic reform was introduced during General Zia-ul-Haq’s regime?
A) Heavy industrialization
B) Interest-free banking
C) Nationalization
D) Trade liberalization
Which of the following has been a major failure in Pakistan’s economic planning?
A) High literacy rate
B) Consistent GDP growth
C) Poor tax collection
D) Trade surplus
The decade of the 1990s in Pakistan’s economy was marked by:
A) Rapid industrial growth
B) Economic instability and frequent policy changes
C) Agricultural boom
D) Technological advancements
Which government introduced the policy of privatization in the 1990s?
A) Zulfikar Ali Bhutto
B) Benazir Bhutto
C) Nawaz Sharif
D) Pervez Musharraf
Which plan was replaced by annual plans due to economic instability?
A) Third Five-Year Plan
B) Fourth Five-Year Plan
C) Fifth Five-Year Plan
D) Sixth Five-Year Plan
Which of the following is a key challenge in Pakistan’s economic planning?
A) Sustainable energy supply
B) Overproduction of goods
C) High foreign reserves
D) Population decline
Which economic reform helped Pakistan achieve higher remittances?
A) Industrialization
B) Labor migration policies
C) Currency devaluation
D) Nationalization
Which Pakistani city is considered the country’s financial hub?
A) Lahore
B) Islamabad
C) Karachi
D) Faisalabad
Pakistan’s economy suffered a major setback due to:
A) High tax-to-GDP ratio
B) Energy crisis
C) Trade surplus
D) Over-industrialization
Which sector contributes the most to Pakistan’s GDP?
A) Agriculture
B) Services
C) Manufacturing
D) Mining
The China-Pakistan Economic Corridor (CPEC) is expected to boost Pakistan’s:
A) Textile industry
B) Energy and infrastructure development
C) Agricultural production
D) IT exports
Which of the following is a major success in Pakistan’s economic planning?
A) Eradication of poverty
B) Expansion of road infrastructure
C) Elimination of fiscal deficit
D) Complete self-sufficiency in energy
Which Pakistani leader initiated the first serious efforts toward economic planning?
A) Zulfikar Ali Bhutto
B) Ayub Khan
C) Liaquat Ali Khan
D) Pervez Musharraf
Pakistan’s economy was significantly impacted by the global financial crisis in:
A) 1999
B) 2005
C) 2008
D) 2012
The IMF bailout packages to Pakistan have often been linked with:
A) Increased trade surplus
B) Stringent economic reforms
C) Rise in manufacturing output
D) Decline in inflation
Which economic policy helped Pakistan’s IT sector grow?
A) Nationalization
B) Investment in human capital and digital infrastructure
C) Heavy reliance on agriculture
D) Currency devaluation
The introduction of the Roshan Digital Accounts (RDA) aimed at:
A) Encouraging foreign direct investment
B) Attracting remittances from overseas Pakistanis
C) Promoting industrialization
D) Reducing energy imports
Which of the following is a major failure in Pakistan’s economic planning?
A) High industrial productivity
B) Consistent power supply
C) Circular debt crisis
D) Low literacy rate
Which policy was introduced under General Musharraf’s government to stabilize the economy?
A) Heavy borrowing from IMF
B) Trade liberalization and privatization
C) Strict trade barriers
D) Complete economic isolation
Which country is Pakistan’s largest trade partner?
A) USA
B) China
C) UAE
D) India
A major reason for Pakistan’s recurring fiscal deficit is:
A) High savings rate
B) Low exports and high imports
C) Surplus tax collection
D) Strong industrial growth
Which of the following has negatively impacted Pakistan’s economic growth?
A) High foreign investment
B) Political instability
C) Strong industrial policies
D) Consistent tax revenue growth
Which policy has been frequently implemented to control inflation in Pakistan?
A) Expansionary fiscal policy
B) Monetary tightening by SBP
C) Increased government subsidies
D) Trade protectionism
