Current Affairs

Pakistan’s Economic Challenges MCQs with Answer

Pakistan faces a significant challenge in which sector due to increasing imports and a declining national currency?
a) Agriculture
b) Energy
c) Manufacturing
d) Services

Which of the following is considered one of Pakistan’s biggest economic challenges in recent years?
a) Rising unemployment rates
b) Rapid industrial growth
c) Low literacy rates
d) Increase in foreign direct investment

The large informal sector in Pakistan contributes to which of the following economic issues?
a) High tax revenues
b) Weak labor rights
c) Difficulty in measuring GDP accurately
d) Lower inflation rates

What is a major challenge to Pakistan’s agriculture sector?
a) Shortage of arable land
b) Insufficient irrigation systems
c) Lack of investment in technology
d) High-quality seed production

Which of the following is a contributing factor to Pakistan’s increasing public debt?
a) High military expenditures
b) Increase in education spending
c) Growth in exports
d) Decrease in foreign aid

Pakistan’s energy crisis is largely due to which of the following?
a) Limited natural resources
b) Over-reliance on renewable energy
c) Insufficient energy imports
d) Poor energy distribution infrastructure

Which of the following is a key factor contributing to inflation in Pakistan?
a) Devaluation of the Pakistani Rupee
b) Increase in agricultural exports
c) Increase in foreign remittances
d) Declining oil prices

What is one of the most critical barriers to Pakistan’s industrial growth?
a) High wages
b) Outdated technology
c) Excessive competition
d) Strong trade policies

Which international financial institution has provided significant loans to Pakistan over the years?
a) World Bank
b) IMF
c) European Central Bank
d) Asian Development Bank

What is one of the key reasons behind Pakistan’s low foreign direct investment (FDI)?
a) High taxation rates
b) Political instability
c) Strong rule of law
d) High-skilled workforce

The circular debt issue in Pakistan is primarily related to which sector?
a) Healthcare
b) Education
c) Energy
d) Agriculture

Which of the following is considered a major economic challenge for Pakistan’s healthcare sector?
a) Overpopulation
b) Rising healthcare costs
c) Lack of medical professionals
d) Inadequate infrastructure

Pakistan’s reliance on which of the following is a significant economic challenge for long-term growth?
a) Oil imports
b) Solar energy
c) International tourism
d) Export diversification

Which of the following is a contributing factor to Pakistan’s rising poverty levels?
a) Increasing foreign investments
b) High inflation and unemployment
c) Declining agricultural productivity
d) Growth in the IT sector

What is one of the challenges associated with Pakistan’s urbanization?
a) Overpopulation in rural areas
b) High unemployment in cities
c) Lack of migration policies
d) Low agricultural productivity

Which of the following economic challenges does Pakistan face with regards to its workforce?
a) Excessive youth employment
b) Lack of skilled labor
c) Large number of women in the workforce
d) High wage rates in rural areas

How has the COVID-19 pandemic affected Pakistan’s economy?
a) Increased exports significantly
b) Led to a reduction in foreign debt
c) Created challenges in the agriculture sector
d) Increased unemployment and poverty

The decline in Pakistan’s export sector can be attributed to which of the following?
a) Increased regional demand
b) Decrease in international competition
c) High cost of production
d) Increased trade agreements with China

What is one of the primary causes of Pakistan’s trade deficit?
a) Growth in exports
b) Rising import costs
c) Strong currency value
d) Excessive foreign investment

Which of the following is a challenge faced by Pakistan’s tourism sector?
a) High international competitiveness
b) Lack of government funding
c) Poor infrastructure and security issues
d) Limited cultural heritage sites

Which sector is one of the largest contributors to Pakistan’s national economy?
a) Manufacturing
b) Agriculture
c) Services
d) Construction

What is a major environmental challenge faced by Pakistan that affects its economic performance?
a) Overpopulation
b) Water scarcity
c) High carbon emissions
d) Land degradation

Which of the following factors has significantly impacted Pakistan’s fiscal policy?
a) Increased military spending
b) Decline in international aid
c) A robust stock market
d) Successful industrial reforms

Which Pakistani initiative seeks to address the financial inclusion of unbanked populations?
a) Ehsaas Program
b) Kamyab Jawan Program
c) Financial Inclusion Strategy
d) National Social Protection Program

Pakistan’s growing energy crisis is exacerbated by its reliance on which form of energy?
a) Hydropower
b) Solar energy
c) Wind energy
d) Fossil fuels

What is the major challenge faced by Pakistan’s financial sector in terms of foreign relations?
a) Currency depreciation
b) Increase in stock market activities
c) Enhanced international borrowing capacity
d) Reduced international trade agreements

Which of the following sectors is most affected by Pakistan’s chronic electricity shortages?
a) Retail
b) Manufacturing
c) Agriculture
d) Technology

What role does the informal economy play in Pakistan’s economic challenges?
a) Increases government revenue
b) Hinders tax collection efforts
c) Boosts foreign investment
d) Decreases inflation rates

Which international organization has expressed concerns over Pakistan’s growing economic deficit?
a) World Bank
b) Asian Development Bank
c) IMF
d) UNDP

Which of the following is a primary factor behind Pakistan’s low export competitiveness?
a) High domestic demand
b) Lack of innovation and technology
c) High labor productivity
d) Low transportation costs

What is one of the impacts of Pakistan’s weak taxation system on its economy?
a) High public sector wages
b) Reduced government debt
c) Limited funding for development projects
d) Increased foreign investment

What is one of the primary obstacles to increasing foreign direct investment (FDI) in Pakistan?
a) Political stability
b) High inflation
c) Security concerns
d) Low labor costs

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