Current Affairs

Pakistan’s GDP Growth and Economic Indicators MCQs with Answer

Which sector contributes the most to Pakistan’s GDP?
a) Agriculture
b) Industry
c) Services
d) Manufacturing

What was Pakistan’s GDP growth rate in 2023?
a) 0.5%
b) 2.0%
c) 3.5%
d) 5.0%

Which institution calculates Pakistan’s GDP?
a) State Bank of Pakistan
b) Pakistan Bureau of Statistics
c) Ministry of Finance
d) World Bank

Which factor has historically impacted Pakistan’s GDP growth?
a) Political instability
b) Energy shortages
c) Low investment
d) All of the above

What is the main source of Pakistan’s foreign exchange reserves?
a) Exports
b) Foreign remittances
c) Foreign Direct Investment (FDI)
d) Tourism

Which organization provides Pakistan with economic growth forecasts?
a) IMF
b) World Bank
c) Asian Development Bank
d) All of the above

Which sector of Pakistan’s economy has shown the highest growth in recent years?
a) Agriculture
b) IT and Telecom
c) Textile
d) Banking

What is Pakistan’s largest export commodity?
a) Wheat
b) Cotton
c) Textile products
d) Machinery

Which major economic challenge does Pakistan face?
a) High inflation
b) Rising trade deficit
c) Declining foreign reserves
d) All of the above

What is Pakistan’s currency called?
a) Taka
b) Rupee
c) Dinar
d) Riyal

Which indicator measures inflation in Pakistan?
a) Consumer Price Index (CPI)
b) Human Development Index (HDI)
c) Balance of Payments
d) Fiscal Deficit

Which tax generates the highest revenue for Pakistan?
a) Income tax
b) Sales tax
c) Customs duty
d) Corporate tax

Which international organization has provided economic bailouts to Pakistan?
a) IMF
b) WTO
c) World Bank
d) UNDP

Which country is Pakistan’s largest trading partner?
a) China
b) USA
c) Saudi Arabia
d) UAE

What is Pakistan’s major import?
a) Automobiles
b) Petroleum products
c) Electronics
d) Wheat

What is the role of the State Bank of Pakistan?
a) Collecting taxes
b) Regulating monetary policy
c) Managing foreign relations
d) Approving new businesses

Which measure indicates a country’s total economic output?
a) Fiscal deficit
b) GDP
c) Inflation rate
d) Exchange rate

Which economic policy affects GDP growth?
a) Interest rate policies
b) Trade policies
c) Fiscal policies
d) All of the above

Which international agreement benefits Pakistan’s exports to Europe?
a) GSP+
b) SAFTA
c) NAFTA
d) ASEAN

Which sector provides the most employment in Pakistan?
a) Services
b) Industry
c) Agriculture
d) IT

Which factor negatively impacts Pakistan’s GDP growth?
a) Energy crisis
b) Political instability
c) Low foreign investment
d) All of the above

What is Pakistan’s fiscal year duration?
a) January – December
b) April – March
c) July – June
d) October – September

Which Pakistani city is the financial hub of the country?
a) Lahore
b) Islamabad
c) Karachi
d) Peshawar

Which government initiative aims to boost Pakistan’s economy?
a) Vision 2025
b) Green Pakistan Program
c) CPEC
d) Both A and C

Which industry in Pakistan is expected to grow the most in the coming years?
a) Textile
b) IT and Software
c) Construction
d) Oil and Gas

Which financial institution in Pakistan supervises commercial banks?
a) SECP
b) State Bank of Pakistan
c) Ministry of Finance
d) National Bank of Pakistan

Which organization releases Pakistan’s Human Development Index (HDI) ranking?
a) World Bank
b) IMF
c) UNDP
d) WTO

Which economic factor influences foreign investment in Pakistan?
a) Political stability
b) Business-friendly policies
c) Infrastructure development
d) All of the above

What is Pakistan’s main economic challenge in 2024?
a) High inflation
b) Rising debt
c) Trade deficit
d) All of the above

Which Pakistani government body prepares the federal budget?
a) State Bank of Pakistan
b) Ministry of Finance
c) Pakistan Bureau of Statistics
d) Federal Board of Revenue

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