Economic Policies of Pakistan in 1990s MCQs with Answer
The economic policies of Pakistan in the 1990s were primarily influenced by which international organization?
a) World Bank
b) OIC
c) SAARC
d) SCO
Which Pakistani Prime Minister introduced economic liberalization policies in the 1990s?
a) Benazir Bhutto
b) Nawaz Sharif
c) Pervez Musharraf
d) Zafarullah Jamali
Which sector was most affected by the privatization policies of the 1990s in Pakistan?
a) Agriculture
b) Banking and industries
c) Real estate
d) Textile
What was the primary aim of Pakistan’s economic reforms in the 1990s?
a) Strengthening public sector enterprises
b) Expanding defense spending
c) Privatization and liberalization
d) Increasing subsidies
Which institution played a major role in Pakistan’s structural adjustment programs during the 1990s?
a) United Nations
b) World Trade Organization
c) International Monetary Fund (IMF)
d) SAARC
The financial crisis of the late 1990s in Pakistan was primarily caused by:
a) High foreign debt and trade deficit
b) Industrial boom
c) Technological advancements
d) Political stability
Which sector was deregulated in Pakistan’s economic policies of the 1990s?
a) Education
b) Energy
c) Telecom
d) Agriculture
Which tax reform was introduced in Pakistan during the 1990s?
a) General Sales Tax (GST)
b) Capital Gains Tax
c) Inheritance Tax
d) Carbon Tax
Which Pakistani government initiated the first wave of privatization in the 1990s?
a) Zia-ul-Haq
b) Nawaz Sharif
c) Pervez Musharraf
d) Yousaf Raza Gillani
Which major bank was privatized in Pakistan during the 1990s?
a) National Bank of Pakistan
b) Habib Bank Limited
c) United Bank Limited
d) State Bank of Pakistan
Which international financial institution provided loans to Pakistan under the Structural Adjustment Program (SAP) in the 1990s?
a) IMF
b) ADB
c) WTO
d) OIC
What was the primary purpose of economic deregulation policies in Pakistan in the 1990s?
a) Strengthening public sector enterprises
b) Encouraging foreign investment
c) Nationalizing industries
d) Reducing foreign trade
Which economic challenge did Pakistan face in the 1990s?
a) Budget surplus
b) High inflation and fiscal deficit
c) Trade surplus
d) Economic stability
Which international agreement influenced Pakistan’s economic policies in the 1990s?
a) Kyoto Protocol
b) WTO Agreements
c) Bretton Woods Agreement
d) SAFTA
Which sector received the most foreign direct investment (FDI) in Pakistan during the 1990s?
a) Information Technology
b) Banking and Finance
c) Energy
d) Textile
Pakistan’s economic policies in the 1990s led to a decline in which industry?
a) Banking
b) Textile
c) Manufacturing
d) Public sector enterprises
What was a key outcome of Pakistan’s economic policies in the 1990s?
a) Increased exports
b) Economic growth
c) Trade liberalization
d) Lower foreign debt
Which economic program was introduced in the 1990s to encourage foreign investors?
a) Green Revolution
b) Export Processing Zones
c) Public Sector Expansion
d) Five-Year Plan
During the 1990s, Pakistan shifted towards which type of economy?
a) Socialist economy
b) Mixed economy
c) Market-driven economy
d) State-controlled economy
Which financial measure was taken to control inflation in Pakistan during the 1990s?
a) Price controls
b) Increased government spending
c) High interest rates
d) Devaluation of the rupee
Pakistan joined which international trade organization in the 1990s?
a) ASEAN
b) WTO
c) SAARC
d) G20
Which policy was introduced to attract foreign investors in the 1990s?
a) Nationalization of industries
b) Economic liberalization
c) Increase in import tariffs
d) Expansion of government enterprises
What was a major consequence of Pakistan’s borrowing from IMF in the 1990s?
a) Economic prosperity
b) Increase in foreign debt
c) Reduction in fiscal deficit
d) Industrial growth
Which infrastructure project was launched in the 1990s to improve economic growth?
a) Gwadar Port
b) Motorway Project
c) Kalabagh Dam
d) CPEC
What was the effect of economic policies on Pakistan’s exchange rate in the 1990s?
a) Strengthened Pakistani Rupee
b) Rupee devaluation
c) Pegged to the US Dollar
d) Fixed exchange rate
Which economic sector was privatized under Nawaz Sharif’s government in the 1990s?
a) Health
b) Banking
c) Defense
d) Agriculture
Which organization provided assistance to Pakistan’s economic reforms in the 1990s?
a) SAARC
b) United Nations
c) Asian Development Bank
d) OPEC
Which economic strategy was commonly used by Pakistan in the 1990s?
a) Import substitution
b) Structural Adjustment Programs
c) Protectionist policies
d) State-controlled economy
Which major power crisis affected Pakistan’s economy in the late 1990s?
a) Water crisis
b) Gas shortage
c) Electricity shortages
d) Coal shortage