Gender Studies

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

Answer
a) World Bank

Which Pakistani Prime Minister introduced economic liberalization policies in the 1990s?
a) Benazir Bhutto
b) Nawaz Sharif
c) Pervez Musharraf
d) Zafarullah Jamali

Answer
b) Nawaz Sharif

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

Answer
b) Banking and industries

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

Answer
c) Privatization and liberalization

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

Answer
c) International Monetary Fund (IMF)

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

Answer
a) High foreign debt and trade deficit

Which sector was deregulated in Pakistan’s economic policies of the 1990s?
a) Education
b) Energy
c) Telecom
d) Agriculture

Answer
c) Telecom

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

Answer
a) General Sales Tax (GST)

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

Answer
b) Nawaz Sharif

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

Answer
c) United Bank Limited

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

Answer
a) IMF

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

Answer
b) Encouraging foreign investment

Which economic challenge did Pakistan face in the 1990s?
a) Budget surplus
b) High inflation and fiscal deficit
c) Trade surplus
d) Economic stability

Answer
b) High inflation and fiscal deficit

Which international agreement influenced Pakistan’s economic policies in the 1990s?
a) Kyoto Protocol
b) WTO Agreements
c) Bretton Woods Agreement
d) SAFTA

Answer
b) WTO Agreements

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

Answer
b) Banking and Finance

Pakistan’s economic policies in the 1990s led to a decline in which industry?
a) Banking
b) Textile
c) Manufacturing
d) Public sector enterprises

Answer
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

Answer
c) Trade liberalization

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

Answer
b) Export Processing Zones

During the 1990s, Pakistan shifted towards which type of economy?
a) Socialist economy
b) Mixed economy
c) Market-driven economy
d) State-controlled economy

Answer
c) Market-driven 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

Answer
c) High interest rates

Pakistan joined which international trade organization in the 1990s?
a) ASEAN
b) WTO
c) SAARC
d) G20

Answer
b) WTO

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

Answer
b) Economic liberalization

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

Answer
b) Increase in foreign debt

Which infrastructure project was launched in the 1990s to improve economic growth?
a) Gwadar Port
b) Motorway Project
c) Kalabagh Dam
d) CPEC

Answer
b) Motorway Project

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

Answer
b) Rupee devaluation

Which economic sector was privatized under Nawaz Sharif’s government in the 1990s?
a) Health
b) Banking
c) Defense
d) Agriculture

Answer
b) Banking

Which organization provided assistance to Pakistan’s economic reforms in the 1990s?
a) SAARC
b) United Nations
c) Asian Development Bank
d) OPEC

Answer
c) Asian Development Bank

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

Answer
b) Structural Adjustment Programs

Which major power crisis affected Pakistan’s economy in the late 1990s?
a) Water crisis
b) Gas shortage
c) Electricity shortages
d) Coal shortage

Answer
c) Electricity shortages

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