What is the primary objective of Pakistan’s industrial policy?
a) Increase reliance on imports
b) Promote local manufacturing and exports
c) Decrease employment opportunities
d) Reduce foreign direct investment (FDI)
Which ministry is responsible for formulating industrial policies in Pakistan?
a) Ministry of Commerce
b) Ministry of Industries and Production
c) Ministry of Foreign Affairs
d) Ministry of Finance
What is Pakistan’s main export product?
a) Automobiles
b) Textiles
c) Electronics
d) Petroleum
Which organization is responsible for regulating trade policies in Pakistan?
a) Pakistan Stock Exchange
b) State Bank of Pakistan
c) Trade Development Authority of Pakistan (TDAP)
d) Federal Board of Revenue (FBR)
What is Pakistan’s largest trading partner in terms of exports?
a) United States
b) China
c) Saudi Arabia
d) United Kingdom
Which sector contributes the most to Pakistan’s industrial output?
a) Agriculture
b) Services
c) Manufacturing
d) Mining
What is the biggest challenge faced by Pakistan’s industrial sector?
a) High labor costs
b) Energy shortages
c) Lack of raw materials
d) Excessive automation
Which of the following is a major industrial hub in Pakistan?
a) Quetta
b) Karachi
c) Gilgit
d) Chitral
Which policy can help boost industrial growth in Pakistan?
a) Increasing electricity tariffs
b) Reducing export incentives
c) Encouraging foreign direct investment (FDI)
d) Limiting trade agreements
Which industry is Pakistan’s largest employer?
a) Textile
b) IT
c) Automobile
d) Pharmaceuticals
Which country is Pakistan’s largest import source?
a) China
b) India
c) United States
d) United Kingdom
What is Pakistan’s main imported product?
a) Machinery
b) Oil and petroleum products
c) Rice
d) Automobiles
Which organization regulates Pakistan’s export and import policies?
a) Federal Board of Revenue (FBR)
b) State Bank of Pakistan (SBP)
c) Securities and Exchange Commission of Pakistan (SECP)
d) Pakistan Customs
What is the purpose of Special Economic Zones (SEZs) in Pakistan?
a) Increase tax rates on industries
b) Promote industrial development and foreign investment
c) Discourage foreign trade
d) Reduce employment opportunities
What is the role of the Federal Board of Revenue (FBR) in trade policies?
a) Formulating monetary policy
b) Regulating taxes and customs duties
c) Controlling industrial labor laws
d) Managing Pakistan’s foreign exchange reserves
Which Pakistani city is known as the textile capital of Pakistan?
a) Islamabad
b) Karachi
c) Faisalabad
d) Lahore
What is the China-Pakistan Economic Corridor (CPEC) mainly focused on?
a) Financial sector reforms
b) Industrial and infrastructure development
c) Defense partnerships
d) Agricultural expansion
Which policy can improve Pakistan’s balance of trade?
a) Increasing reliance on imports
b) Strengthening export-oriented industries
c) Reducing industrial productivity
d) Increasing trade restrictions
Which organization monitors competition and prevents monopolies in Pakistan?
a) Trade Development Authority of Pakistan (TDAP)
b) Competition Commission of Pakistan (CCP)
c) Pakistan Stock Exchange (PSX)
d) National Accountability Bureau (NAB)
Which trade agreement allows duty-free exports from Pakistan to the European Union?
a) South Asian Free Trade Agreement (SAFTA)
b) Generalized System of Preferences Plus (GSP+)
c) North American Free Trade Agreement (NAFTA)
d) Belt and Road Initiative (BRI)
Which Pakistani authority regulates investment policies?
a) State Bank of Pakistan
b) Board of Investment (BOI)
c) Ministry of Finance
d) Pakistan Bureau of Statistics
What is the most significant barrier to trade in Pakistan?
a) High foreign investment
b) Trade restrictions and tariffs
c) Technological advancements
d) Free trade agreements
What is the main reason behind Pakistan’s trade deficit?
a) High exports and low imports
b) Low production and high imports
c) High local investment in industries
d) Decreased population growth
Which policy measure can help attract foreign investors?
a) Increasing corporate taxes
b) Providing tax incentives and subsidies
c) Restricting foreign ownership
d) Limiting industrial growth
Which sector is the backbone of Pakistan’s industrial economy?
a) Tourism
b) Textile
c) Information Technology
d) Banking
Which of the following is a barrier to industrial growth in Pakistan?
a) Strong legal framework
b) Weak infrastructure
c) Technological advancements
d) Government subsidies
Which international organization promotes global trade liberalization?
a) World Bank
b) International Monetary Fund (IMF)
c) World Trade Organization (WTO)
d) Asian Development Bank (ADB)
