Pakistan Affairs

Trade Relations & Export Policies MCQs With Answer

Which is Pakistan’s largest export sector?
A) Agriculture
B) Textile
C) Information Technology
D) Pharmaceuticals

Which country is Pakistan’s largest trading partner?
A) China
B) USA
C) UAE
D) Germany

Which organization regulates trade policies in Pakistan?
A) Ministry of Finance
B) State Bank of Pakistan
C) Ministry of Commerce
D) Federal Board of Revenue

Which agreement allows Pakistan to export duty-free goods to the European Union?
A) SAFTA
B) GSP+
C) NAFTA
D) WTO

What is the major export commodity of Pakistan?
A) Cotton
B) Rice
C) Sports goods
D) Surgical instruments

Which sector has shown rapid export growth in Pakistan?
A) IT and Software
B) Automotive
C) Heavy machinery
D) Oil and gas

Which port handles the majority of Pakistan’s international trade?
A) Gwadar Port
B) Port Qasim
C) Karachi Port
D) Pasni Port

Which country is the largest importer of Pakistani textiles?
A) China
B) USA
C) UK
D) Saudi Arabia

Which trade agreement promotes trade among South Asian countries?
A) GATT
B) SAFTA
C) ASEAN
D) BRICS

Which organization monitors global trade policies?
A) IMF
B) World Trade Organization (WTO)
C) Asian Development Bank
D) World Bank

What is the main reason for Pakistan’s trade deficit?
A) Low exports
B) High imports
C) Lack of industrialization
D) All of the above

Which Pakistani city is famous for exporting sports goods?
A) Karachi
B) Lahore
C) Sialkot
D) Faisalabad

Which of the following is a major challenge in Pakistan’s export sector?
A) Energy crisis
B) Lack of skilled labor
C) Infrastructure issues
D) All of the above

Which country signed a Free Trade Agreement (FTA) with Pakistan in 2006?
A) India
B) China
C) Turkey
D) USA

What is the major import of Pakistan?
A) Oil
B) Tea
C) Automobiles
D) Machinery

Which Pakistani industry benefits most from exports?
A) Automobile
B) Information Technology
C) Textile
D) Fisheries

Which currency fluctuation affects Pakistan’s trade the most?
A) Euro
B) Chinese Yuan
C) US Dollar
D) Indian Rupee

Which authority is responsible for collecting customs duties in Pakistan?
A) Pakistan Revenue Authority
B) Ministry of Finance
C) Federal Board of Revenue (FBR)
D) Pakistan Trade Authority

Which of the following is an export incentive provided by the Pakistani government?
A) Tax rebates
B) Low-interest loans
C) Export subsidies
D) All of the above

Which trade corridor is expected to enhance Pakistan’s exports?
A) Silk Road
B) CPEC
C) Gwadar Economic Zone
D) ECO Trade Route

Which Pakistani export is famous in global markets?
A) Gold jewelry
B) Medical instruments
C) Automobiles
D) Heavy machinery

Which of the following can boost Pakistan’s exports?
A) Improving infrastructure
B) Enhancing product quality
C) Expanding trade agreements
D) All of the above

Which country recently signed a Preferential Trade Agreement (PTA) with Pakistan?
A) Iran
B) Malaysia
C) Turkey
D) Indonesia

What percentage of Pakistan’s GDP comes from exports?
A) 5%
B) 10%
C) 15%
D) 20%

Which Pakistani export is growing in demand globally?
A) Wheat
B) Software & IT services
C) Furniture
D) Steel

Which policy change can improve Pakistan’s trade balance?
A) Import substitution
B) Export diversification
C) Reducing trade barriers
D) All of the above

Which country is a major competitor of Pakistan in the textile sector?
A) USA
B) India
C) Germany
D) Australia

Which Pakistani export category has the potential for high future growth?
A) Renewable energy products
B) Electric vehicles
C) IT services
D) Heavy machinery

Which Pakistani city is known for exporting handmade carpets?
A) Karachi
B) Lahore
C) Quetta
D) Multan

Which government initiative supports small exporters in Pakistan?
A) Export Credit Guarantee Scheme
B) Small Business Loan Program
C) Youth Export Program
D) Industrial Export Initiative

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button