Important MCQs Pakistan Economy

51 Pakistan produces what percentage of its oil requirements?

20%

52 What is the investment rate in Pakistan?

18%

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?

Planning Commission

56 In Pakistan economic planning started

During 1950’s

57 The time period of medium terms plan is

3 to 5 years

58 Pakistan started its planning experience with

Colombo Plan

59 How poverty is measured in Pakistan?

Per capita income and calorie intake

60 When was nationalization of banks done?

1974

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