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b) Outdated technology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