Important MCQs About Pakistan Economy
1 In Pakistan Compensation of employees is the largest type of
2 In Pakistan, Rupee is the
Money of account
3 On which basis the government of Pakistan issue currency?
Demand for money in the country
4 Inconvertable money in Pakistan is
5 What determines the value of money in Pakistan?
General price level
6 A coin of rupee is a
7 What factor forces the government of Pakistan to issues more currency?
Demand for money in the country
8 General price level in Pakistan determines the
Value of money
9 What is the total number of bank branches in Pakistan?
Between 5000 to 10,000
10 What is the discount rate of State Bank of Pakistan?
Between 5% to 15%
11 When was the State Bank of Pakistan established?
12 Main departments of the State Bank of Pakistan are
Issue, research and banking department
13 Who run the State Bank of Pakistan?
Board of directors
14 In Pakistan who levied taxes?
15 Who prepared the national budget of Pakistan?
Ministry of Finance
16 In Pakistan the type of income tax is
Direct and progressive
17 The federal budget of Pakistan includes both direct and indirect taxes and proportional and
18 In Pakistan, who collect income tax?
19 In Pakistan sale tax is
Indirect and proportional
20 Pakistan’s The terms of trade of Pakistan have
Fallen over the past few years
21 the exchange value of Pakistani Rupee has fallen against other currencies because
Our imports are more than exports
22 Because of competitive advantage, Pakistan imports some goods and exports other goods
23 Exports can be increased only by improving the quality of goods and decreasing the value
Of its currency
24 Exports and imports in Pakistan will encourage if
25 Which exchange rate policy Pakistan follows?
Flexible exchange rate policy
26 What percentage of Pakistan’s exports comprises its total GDP
27 If the value of Pakistani rupee falls against US dollar the prices of American goods in Pakistan will
28 What is the over all effect of Loan of IMF to Pakistan on Pakistan’s economy?
Improves capital account and overall balance of payments
29 What is the average life expectancy in Pakistan?
30 What is Infant mortality rate in Pakistan?
31 In Pakistan how much area forests covered?
32 There are how many stock exchanges in Pakistan?
33 What is Pakistan’s public saving rate?
34 What is Pakistan’s per capita income at constant prices in rupees?
35 Which is the largest sector of Pakistan’s economy?
36 What is the percentage of the contribution of Industrial sector in Pakistan’s total GDP?
37 Which is base year of Pakistan for national accounting?
The year 1999-2000
38 Over the past few years what is the average growth rate of Pakistan national income?
39 What is the working percentage of Pakistan’s total population?
40 What is the literacy rate in Pakistan’s total population?
41 How savings in Pakistan can be increased?
Decrease in taxes
42 How investment in Pakistan can be increased?
Decrease in interest rate
43 Which step will increase per capita income in Pakistan?
Increase in investment
44 Pakistan’s GDP is smaller than
45 What creates difficulty in the process of measurement of national income of Pakistan?
Illiteracy and underground economy
46 Which sector of Pakistan has the largest share in Pakistan’s GNP?
47 What is the percentage of contribution of commodity sector in national income of Pakistan?
48 When Pakistan started its first five years plan?
49 Pakistani exports consists mostly of
50 The type of economy of Pakistan is
51 Pakistan produces what percentage of its oil requirements?
52 What is the investment rate in Pakistan?
53 How can the rate of economic development in Pakistan be increased?
Saving rate increases
54 The rate of economic development in Pakistan will fall if
Smaller percentage of national income is invested
55 What is the highest government body for economic planning in Pakistan?
56 In Pakistan economic planning started
57 The time period of medium terms plan is
3 to 5 years
58 Pakistan started its planning experience with
59 How poverty is measured in Pakistan?
Per capita income and calorie intake
60 When was nationalization of banks done?
61 The National Bank of Pakistan is
62 When was the National Bank of Pakistan established?
63 A bank that is established for giving loans to very small enterprises is called
Micro Finance Bank
64 The banking system of Pakistan
65 How commercial banks in Pakistan are supervised?
State Bank of Pakistan
66 The National Bank of Pakistan is a
Public sector bank
67 The First Women bank is a
68 Acting as lender of last resort, a central bank lends to whom?
69 Who finally approved the budget estimate prepared by the ministry of finance?
70 The public debt of Pakistan is
Smaller than GNP
71 Every year the fiscal year of Pakistan starts from
72 Who presented the federal budget of Pakistan in the parliament?
73 The most important body which collect taxes in Pakistan is
Federal Board of Revenue (FBR)
74 What is the exemption limit for income tax in Pakistan?
75 What is Pakistan’s expenditure on defense?
Between 10 % to 25 %
76 The exports of Pakistan mainly consist of
Semi manufactured and manufactured goods
77 Which is the largest item in Pakistan’s import list?
78 The imports of petroleum makes up how much of Pakistan’s total imports bill?
79 What is Pakistan share in the world total cotton textiles?
Less than 3%
80 Exports are less than imports in Pakistan’s
81 Who prepared the balance of payments account of Pakistan?
State Bank of Pakistan
82 What is the basic principle of Islamic economic system?
83 Islamic economic system in working market is nearer to