Current Affairs

Pakistan’s Startups and Entrepreneurship MCQs with Answer

The startup ecosystem in Pakistan has grown significantly due to:
A) Government regulations
B) Foreign investment and incubators
C) Decline in traditional businesses
D) Lack of skilled labor

Answer
B) Foreign investment and incubators

Which Pakistani city is considered the hub of startups and entrepreneurship?
A) Karachi
B) Lahore
C) Islamabad
D) All of the above

Answer
D) All of the above

Which Pakistani e-commerce startup was acquired by Alibaba Group?
A) Foodpanda
B) Daraz
C) Bykea
D) Airlift

Answer
B) Daraz

What is the main source of funding for startups in Pakistan?
A) Government subsidies
B) Venture capital and angel investors
C) Stock exchange
D) Loans from traditional banks

Answer
B) Venture capital and angel investors

Which Pakistani ride-hailing startup competes with Uber and Careem?
A) Daraz
B) Bykea
C) Zameen.com
D) Rozee.pk

Answer
B) Bykea

The National Incubation Center (NIC) in Pakistan was established by:
A) State Bank of Pakistan
B) Ignite – Ministry of IT & Telecom
C) Securities & Exchange Commission of Pakistan
D) Higher Education Commission

Answer
B) Ignite – Ministry of IT & Telecom

Which of the following is not a Pakistani startup?
A) Finja
B) Careem
C) Swvl
D) Zameen.com

Answer
C) Swvl

Which startup funding stage involves initial funding from friends, family, or angel investors?
A) Series A
B) Seed Funding
C) IPO
D) Series C

Answer
B) Seed Funding

Which Pakistani real estate startup has expanded internationally?
A) Graana
B) Zameen.com
C) OLX Pakistan
D) PakWheels

Answer
B) Zameen.com

Which of the following is a fintech startup in Pakistan?
A) Airlift
B) Finja
C) Foodpanda
D) PakWheels

Answer
B) Finja

What is the primary function of an incubator for startups?
A) Providing financial grants
B) Offering training, mentorship, and resources
C) Issuing business licenses
D) Managing startup taxation

Answer
B) Offering training, mentorship, and resources

Which global accelerator program supports Pakistani startups?
A) Y Combinator
B) Techstars
C) Google Launchpad
D) All of the above

Answer
D) All of the above

Which Pakistani startup raised the highest funding in a single round?
A) Bykea
B) Airlift
C) Foodpanda
D) Rozee.pk

Answer
B) Airlift

Which sector has seen the highest growth in Pakistani startups?
A) Healthcare
B) Fintech
C) E-commerce
D) Transport & Logistics

Answer
C) E-commerce

Which Pakistani freelancing platform connects businesses with professionals?
A) Rozee.pk
B) Upwork
C) Fiverr
D) LinkedIn

Answer
A) Rozee.pk

Which government initiative supports Pakistani freelancers?
A) Prime Minister’s Kamyab Jawan Program
B) National Incubation Center
C) Pakistan Software Export Board
D) DigiSkills.pk

Answer
D) DigiSkills.pk

Which of the following is a health-tech startup in Pakistan?
A) Find My Doctor
B) Airlift
C) Zameen.com
D) Foodpanda

Answer
A) Find My Doctor

What does venture capital (VC) provide to startups?
A) Loans with high interest
B) Equity-based investment
C) Free business consultancy
D) Government approvals

Answer
B) Equity-based investment

What is crowdfunding in the startup ecosystem?
A) Government funding for startups
B) Raising funds from multiple investors online
C) Taking bank loans at high interest rates
D) Offering free shares to employees

Answer
B) Raising funds from multiple investors online

Which Pakistani startup is focused on online grocery delivery?
A) Krave Mart
B) Daraz
C) Bykea
D) Zameen.com

Answer
A) Krave Mart

Which Pakistani fintech startup enables digital payments?
A) Bykea
B) Sadapay
C) Rozee.pk
D) Foodpanda

Answer
B) Sadapay

What is the key benefit of a startup accelerator?
A) Government tax exemptions
B) Structured mentorship, networking, and funding
C) Instant business success
D) Guaranteed bank loans

Answer
B) Structured mentorship, networking, and funding

Which organization regulates fintech startups in Pakistan?
A) Federal Board of Revenue
B) Securities & Exchange Commission of Pakistan
C) Higher Education Commission
D) National Bank of Pakistan

Answer
B) Securities & Exchange Commission of Pakistan

Which Pakistani startup focuses on used car sales and reviews?
A) PakWheels
B) Daraz
C) Rozee.pk
D) Finja

Answer
A) PakWheels

What is the main reason Pakistani startups fail?
A) Lack of talent
B) Poor financial management and funding
C) Government restrictions
D) High competition

Answer
B) Poor financial management and funding

Which Pakistani education startup provides online learning?
A) Edkasa
B) Foodpanda
C) Airlift
D) Zameen.com

Answer
A) Edkasa

Which global funding platform allows Pakistani startups to raise money?
A) Kickstarter
B) GoFundMe
C) AngelList
D) All of the above

Answer
D) All of the above

Which government policy aims to support startups in Pakistan?
A) Pakistan Startup Act
B) Startup Growth Tax
C) Digital Pakistan Program
D) Federal Business Fund

Answer
A) Pakistan Startup Act

Which startup event brings Pakistani entrepreneurs and investors together?
A) Future Fest
B) Pakistan Super League
C) Lahore Business Fair
D) ITCN Asia

Answer
A) Future Fest

What is the most important factor for startup success?
A) Idea alone
B) Strong execution, team, and market demand
C) Government support
D) Low competition

Answer
B) Strong execution, team, and market demand

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