Which was the first major economic challenge faced by Pakistan after independence in 1947?
A) Industrialization
B) Refugee rehabilitation
C) Defense expenditure
D) Foreign exchange crisis
Which financial institution was established in 1948 to regulate Pakistan’s banking sector?
A) State Bank of Pakistan
B) Habib Bank Limited
C) National Bank of Pakistan
D) Reserve Bank of Pakistan
Who inaugurated the State Bank of Pakistan in 1948?
A) Liaquat Ali Khan
B) Ghulam Muhammad
C) Muhammad Ali Jinnah
D) Ayub Khan
Which major economic policy was introduced in Pakistan’s First Five-Year Plan (1955-1960)?
A) Nationalization of industries
B) Land reforms
C) Focus on agriculture and infrastructure
D) Privatization of banks
Which sector received the highest priority in Pakistan’s early economic policies?
A) Agriculture
B) Defense
C) Industrialization
D) Trade
Which international financial institution provided Pakistan with its first development loan in the 1950s?
A) World Bank
B) International Monetary Fund (IMF)
C) Asian Development Bank
D) United Nations Development Programme
What was the main objective of the agricultural reforms introduced in the early 1950s?
A) Redistribution of land
B) Increasing land ownership for elites
C) Reducing government control
D) Encouraging foreign investment
Who was the Prime Minister of Pakistan when the First Five-Year Plan was launched?
A) Liaquat Ali Khan
B) Khawaja Nazimuddin
C) Muhammad Ali Bogra
D) Huseyn Shaheed Suhrawardy
Which policy was introduced to strengthen Pakistan’s trade sector during the 1950s?
A) Import substitution industrialization
B) Free market economy
C) Export bans
D) Heavy taxation on businesses
Which of the following was NOT a part of Pakistan’s early economic reforms?
A) Land redistribution
B) Nationalization of industries
C) Establishment of State Bank
D) Industrial development incentives
Which major social issue did Pakistan focus on during the 1950s?
A) Gender equality
B) Literacy and education
C) Cybersecurity
D) Space exploration
Which department was established to improve literacy rates in Pakistan in the early years?
A) Ministry of Education
B) Higher Education Commission
C) Technical Training Authority
D) Science and Technology Council
The Basic Democracies system was introduced in the 1950s as a step towards:
A) Military rule
B) Grassroots democracy
C) Federalism
D) Autocracy
Who introduced the concept of “Basic Democracies” in Pakistan?
A) Liaquat Ali Khan
B) Iskander Mirza
C) Ghulam Muhammad
D) Ayub Khan
Which industry was prioritized for development in the early years of Pakistan?
A) Automotive industry
B) Cotton textile industry
C) IT industry
D) Petroleum industry
Which social reform was introduced for women in the 1950s?
A) Right to education
B) Equal job opportunities
C) Reserved seats in Parliament
D) All of the above
Which country provided significant economic aid to Pakistan in the early years?
A) Soviet Union
B) United States
C) China
D) India
Which major economic problem continued to affect Pakistan’s progress in the 1950s?
A) Low population growth
B) High inflation and trade deficit
C) Lack of foreign investment
D) Weak defense budget
Which agreement helped Pakistan receive economic aid from the US in the 1950s?
A) SEATO Agreement
B) Baghdad Pact
C) Both A & B
D) None of the above
The Karachi Agreement of 1949 was related to:
A) Trade with India
B) Kashmir ceasefire
C) Water distribution
D) Education policies
Which major infrastructure project was launched in the 1950s to improve irrigation?
A) Tarbela Dam
B) Mangla Dam
C) Warsak Dam
D) Kalabagh Dam
The first census of Pakistan was conducted in:
A) 1948
B) 1951
C) 1955
D) 1958
Which major problem did Pakistan’s industrial sector face in the 1950s?
A) Labor shortages
B) Lack of raw materials
C) Political instability
D) Overproduction
Which educational institution was established in 1950 to promote higher education?
A) Punjab University
B) Karachi University
C) Allama Iqbal Open University
D) Quaid-e-Azam University
Which policy aimed to reduce economic dependence on India after partition?
A) Industrialization policy
B) Land reforms
C) Trade embargo
D) Nationalization of banks
Which Pakistani leader played a crucial role in economic policymaking in the early years?
A) Muhammad Ali Jinnah
B) Ghulam Muhammad
C) Iskander Mirza
D) Ayub Khan
Which social welfare initiative was introduced in Pakistan’s early years?
A) Public health programs
B) Pension scheme
C) Universal education
D) All of the above
Which economic strategy was emphasized in Pakistan’s Five-Year Plan?
A) Import substitution industrialization
B) Free market economy
C) Foreign investment ban
D) State-controlled economy
Which major challenge affected Pakistan’s economy the most between 1947 and 1958?
A) Unemployment
B) Refugee crisis
C) Food shortages
D) All of the above
