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Pakistan Economy MCQs with Answers

Welcome to the Pakistan Economy MCQs with Answers. In this post, we are sharing Pakistan Economy Multiple Choice Questions and Answers in Pakistan  General Knowledge section for various competitive exams in Pakistan. Find practice Pakistan Economy practice test with answers here. Each question offers a chance to enhance your knowledge regarding Pakistan Economy online MCQs Test.

What is the current estimated GDP of Pakistan?
a) $250 billion
b) $300 billion
c) $350 billion
d) $400 billion

Answer
c) $350 billion

What is the GDP growth rate of Pakistan for the last fiscal year?
a) 3%
b) 4%
c) 5%
d) 6%

Answer
b) 4%

What is the percentage contribution of agriculture to Pakistan’s GDP?
a) 15%
b) 18%
c) 21%
d) 24%

Answer
c) 21%

What is the percentage contribution of industry to Pakistan’s GDP?
a) 20%
b) 23%
c) 26%
d) 29%

Answer
b) 23%

What is the percentage contribution of the services sector to Pakistan’s GDP?
a) 55%
b) 58%
c) 61%
d) 64%

Answer
d) 64%

What is the inflation rate in Pakistan?
a) 7%
b) 8%
c) 9%
d) 10%

Answer
c) 9%

What is the current unemployment rate in Pakistan?
a) 6%
b) 7%
c) 8%
d) 9%

Answer
b) 7%

What is the poverty rate in Pakistan?
a) 20%
b) 25%
c) 30%
d) 35%

Answer
c) 30%

What is the literacy rate in Pakistan?
a) 55%
b) 60%
c) 65%
d) 70%

Answer
b) 60%

What is the percentage of the population living below the poverty line in Pakistan?
a) 20%
b) 25%
c) 30%
d) 35%

Answer
c) 30%

What is the percentage of the population employed in the agricultural sector in Pakistan?
a) 30%
b) 35%
c) 40%
d) 45%

Answer
c) 40%

What is the percentage of the population employed in the industrial sector in Pakistan?
a) 20%
b) 25%
c) 30%
d) 35%

Answer
b) 25%

What is the percentage of the population employed in the services sector in Pakistan?
a) 30%
b) 35%
c) 40%
d) 45%

Answer
c) 40%

What is the percentage of the population with access to clean drinking water in Pakistan?
a) 50%
b) 60%
c) 70%
d) 80%

Answer
c) 70%

What is the percentage of the population with access to basic sanitation in Pakistan?
a) 40%
b) 50%
c) 60%
d) 70%

Answer
c) 60%

What is the percentage of the population with access to electricity in Pakistan?
a) 50%
b) 60%
c) 70%
d) 80%

Answer
c) 70%

What is the percentage of the population with access to the internet in Pakistan?
a) 30%
b) 35%
c) 40%
d) 45%

Answer
b) 35%

What is the percentage of the population with access to mobile phones in Pakistan?
a) 70%
b) 75%
c) 80%
d) 85%

Answer
d) 85%

What is the percentage of the population with access to television in Pakistan?
a) 60%
b) 65%
c) 70%
d) 75%

Answer
c) 70%

What is the percentage of the population with access to radio in Pakistan?
a) 40%
b) 45%
c) 50%
d) 55%

Answer
d) 55%

What is the percentage of the population with access to newspapers in Pakistan?
a) 20%
b) 25%
c) 30%
d) 35%

Answer
a) 20%

What is the percentage of the population with access to magazines in Pakistan?
a) 10%
b) 15%
c) 20%
d) 25%

Answer
b) 15%

What is the percentage of the population with access to computers in Pakistan?
a) 25%
b) 30%
c) 35%
d) 40%

Answer
a) 25%

What is the percentage of the population with access to refrigerators in Pakistan?
a) 40%
b) 45%
c) 50%
d) 55%

Answer
c) 50%

What is the percentage of the population with access to motorcycles in Pakistan?
a) 30%
b) 35%
c) 40%
d) 45%

Answer
c) 40%

What is the percentage of the population with access to cars in Pakistan?
a) 10%
b) 15%
c) 20%
d) 25%

Answer
b) 15%

What is the percentage of the population with access to bicycles in Pakistan?
a) 40%
b) 45%
c) 50%
d) 55%

Answer
c) 50%

What is the percentage of the population with access to motorcycles in Pakistan?
a) 30%
b) 35%
c) 40%
d) 45%

Answer
c) 40%

What is the percentage of the population with access to cars in Pakistan?
a) 10%
b) 15%
c) 20%
d) 25%

Answer
b) 15%

What is the percentage of the population with access to bicycles in Pakistan?
a) 40%
b) 45%
c) 50%
d) 55%

Answer
c) 50%

What is the percentage of the population with access to motorcycles in Pakistan?
a) 30%
b) 35%
c) 40%
d) 45%

Answer
c) 40%

What is the percentage of the population with access to cars in Pakistan?
a) 10%
b) 15%
c) 20%
d) 25%

Answer
b) 15%

What is the percentage of the population with access to bicycles in Pakistan?
a) 40%
b) 45%
c) 50%
d) 55%

Answer
c) 50%

What is the percentage of the population with access to motorcycles in Pakistan?
a) 30%
b) 35%
c) 40%
d) 45%

Answer
c) 40%

What is the percentage of the population with access to cars in Pakistan?
a) 10%
b) 15%
c) 20%
d) 25%

Answer
b) 15%

What is the currency of Pakistan?
a) Rupee
b) Taka
c) Riyal
d) Rupiah

Answer
a) Rupee

Who is the current Prime Minister of Pakistan?
a) Imran Khan
b) Nawaz Sharif
c) Benazir Bhutto
d) Pervez Musharraf

Answer
a) Imran Khan

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

Answer
c) Services

What is the GDP growth rate of Pakistan for the last fiscal year?
a) 2%
b) 3%
c) 4%
d) 5%

Answer
a) 2%

What is the main crop cultivated in the Rabi season in Pakistan?
a) Wheat
b) Rice
c) Cotton
d) Sugarcane

Answer
a) Wheat

Which is Pakistan’s largest export item?
a) Textiles
b) Rice
c) Petroleum products
d) Electronics

Answer
a) Textiles

Who is the current Governor of the State Bank of Pakistan?
a) Reza Baqir
b) Ishrat Hussain
c) Tariq Bajwa
d) Yaseen Anwar

Answer
a) Reza Baqir

What is the main source of revenue for the Pakistan government?
a) Income tax
b) Sales tax
c) Corporate tax
d) Customs duties

Answer
b) Sales tax

What is Pakistan’s total external debt as of the latest data available?
a) $50 billion
b) $100 billion
c) $150 billion
d) $200 billion

Answer
c) $150 billion

Which organization provides financial assistance to Pakistan for development projects?
a) International Monetary Fund (IMF)
b) World Bank
c) Asian Development Bank (ADB)
d) United Nations (UN)

Answer
b) World Bank

What is the largest stock exchange in Pakistan?
a) Karachi Stock Exchange (KSE)
b) Lahore Stock Exchange (LSE)
c) Islamabad Stock Exchange (ISE)
d) Multan Stock Exchange (MSE)

Answer
a) Karachi Stock Exchange (KSE)

What is the main function of the Securities and Exchange Commission of Pakistan (SECP)?
a) Regulating the banking sector
b) Regulating the energy sector
c) Regulating the capital markets
d) Regulating the agricultural sector

Answer
c) Regulating the capital markets

Which of the following is a major port city in Pakistan?
a) Islamabad
b) Lahore
c) Karachi
d) Peshawar

Answer
c) Karachi

What is the average inflation rate in Pakistan for the last fiscal year?
a) 5%
b) 7%
c) 9%
d) 11%

Answer
c) 9%

What is the name of Pakistan’s national airline?
a) Air Pakistan
b) PIA (Pakistan International Airlines)
c) Pakistan Airways
d) Fly Pakistan

Answer
b) PIA (Pakistan International Airlines)

What is the major crop cultivated in the Kharif season in Pakistan?
a) Wheat
b) Rice
c) Cotton
d) Sugarcane

Answer
b) Rice

What is the major livestock sector in Pakistan?
a) Dairy farming
b) Poultry farming
c) Beef production
d) Goat farming

Answer
b) Poultry farming

Which organization provides microfinance and small loans to low-income individuals and entrepreneurs in Pakistan?
a) HBL (Habib Bank Limited)
b) UBL (United Bank Limited)
c) MCB (Muslim Commercial Bank)
d) Akhuwat Foundation

Answer
d) Akhuwat Foundation

What is the main export destination for Pakistani products?
a) China
b) USA
c) United Arab Emirates (UAE)
d) Saudi Arabia

Answer
b) USA

What is the largest sector of the informal economy in Pakistan?
a) Agriculture
b) Retail
c) Construction
d) Services

Answer
c) Construction

What is the current unemployment rate in Pakistan?
a) 5%
b) 7%
c) 9%
d) 11%

Answer
b) 7%

What is the percentage of Pakistan’s population living below the poverty line?
a) 20%
b) 25%
c) 30%
d) 35%

Answer
c) 30%

Who is responsible for the monetary policy in Pakistan?
a) Ministry of Finance
b) State Bank of Pakistan
c) Planning Commission
d) Ministry of Commerce

Answer
b) State Bank of Pakistan

What is the main source of income for the people in Gilgit-Baltistan?
a) Agriculture
b) Tourism
c) Mining
d) Fishing

Answer
b) Tourism

What is the Economic Coordination Committee (ECC) in Pakistan responsible for?
a) Fiscal policy
b) Trade policy
c) Energy policy
d) Economic decision-making

Answer
d) Economic decision-making

What is Pakistan’s largest source of remittances from overseas Pakistanis?
a) United Arab Emirates (UAE)
b) United States
c) Saudi Arabia
d) United Kingdom

Answer
c) Saudi Arabia

What is Pakistan’s largest import item?
a) Oil and petroleum products
b) Machinery and equipment
c) Food products
d) Textiles

Answer
a) Oil and petroleum products

Which international organization has been providing financial assistance to Pakistan to combat COVID-19?
a) World Bank
b) International Monetary Fund (IMF)
c) Asian Development Bank (ADB)
d) United Nations (UN)

Answer
b) International Monetary Fund (IMF)

What is the name of Pakistan’s national development bank?
a) HBL (Habib Bank Limited)
b) UBL (United Bank Limited)
c) NBP (National Bank of Pakistan)
d) SBP (State Bank of Pakistan)

Answer
c) NBP (National Bank of Pakistan)

What is Pakistan’s main export product in the textile sector?
a) Cotton yarn
b) Cotton fabric
c) Readymade garments
d) Home textiles

Answer
c) Readymade garments

What is the current foreign exchange reserves position of Pakistan?
a) $10 billion
b) $15 billion
c) $20 billion
d) $25 billion

Answer
b) $15 billion

What is the main factor contributing to the balance of trade deficit in Pakistan?
a) Increase in exports
b) Increase in imports
c) Decrease in exports
d) Decrease in imports

Answer
b) Increase in imports

What is the role of the Federal Board of Revenue (FBR) in Pakistan?
a) Regulating the banking sector
b) Regulating the energy sector
c) Regulating the tax system
d) Regulating the agricultural sector

Answer
c) Regulating the tax system

What is the name of the economic corridor project between Pakistan and China?
a) China-Pakistan Economic Corridor (CPEC)
b) Pakistan-China Economic Corridor (PCEC)
c) Silk Road Economic Corridor (SREC)
d) Pakistan-China Friendship Corridor (PCFC)

Answer
a) China-Pakistan Economic Corridor (CPEC)

What is the main goal of the China-Pakistan Economic Corridor (CPEC)?
a) Enhancing bilateral trade between China and Pakistan
b) Infrastructure development in Pakistan
c) Energy projects in Pakistan
d) All of the above

Answer
d) All of the above

What is the name of the economic zone developed under the China-Pakistan Economic Corridor (CPEC) in Pakistan?
a) Gwadar Economic Zone
b) Karachi Economic Zone
c) Lahore Economic Zone
d) Islamabad Economic Zone

Answer
a) Gwadar Economic Zone

What is the main infrastructure project under the China-Pakistan Economic Corridor (CPEC)?
a) Gwadar Port
b) Karakoram Highway
c) Lahore-Islamabad Motorway
d) Sukkur-Multan Motorway

Answer
a) Gwadar Port

What is the main energy project under the China-Pakistan Economic Corridor (CPEC)?
a) Thar coal power project
b) Tarbela Dam project
c) Chashma Nuclear Power Plant
d) Hub Power Plant project

Answer
a) Thar coal power project

What is the name of the railway project under the China-Pakistan Economic Corridor (CPEC)?
a) Lahore-Karachi Railway Line
b) Karachi-Peshawar Railway Line
c) Islamabad-Quetta Railway Line
d) Gwadar-Rawalpindi Railway Line

Answer
b) Karachi-Peshawar Railway Line

What is the main objective of the Pakistan Tehreek-e-Insaf (PTI) government’s Ehsaas Program?
a) Poverty alleviation
b) Health services
c) Education for all
d) Infrastructure development

Answer
a) Poverty alleviation

What is the name of the initiative launched by the Government of Pakistan to promote entrepreneurship and small businesses?
a) Kamyab Jawan Program
b) Ehsaas Program
c) Sehat Sahulat Program
d) Benazir Income Support Program

Answer
a) Kamyab Jawan Program

What is the main objective of the Kamyab Jawan Program in Pakistan?
a) Youth empowerment
b) Poverty alleviation
c) Women’s empowerment
d) Education for all

Answer
a) Youth empowerment

What is the main source of energy production in Pakistan?
a) Oil
b) Natural gas
c) Coal
d) Hydropower

Answer
b) Natural gas

What is the main source of electricity production in Pakistan?
a) Oil
b) Natural gas
c) Coal
d) Hydropower

Answer
c) Coal

What is the name of the initiative launched by the Government of Pakistan to provide health coverage to low-income families?
a) Kamyab Jawan Program
b) Ehsaas Program
c) Sehat Sahulat Program
d) Benazir Income Support Program

Answer
c) Sehat Sahulat Program
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See Also  Pakistan Boundaries MCQs with Answers
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