Important MCQs Pakistan Economy

71 Every year the fiscal year of Pakistan starts from

1st July

72 Who presented the federal budget of Pakistan in the parliament?

Finance minister

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?

Three Lakh

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?

Petroleum

78 The imports of petroleum makes up how much of Pakistan’s total imports bill?

25%

79 What is Pakistan share in the world total cotton textiles?

Less than 3%

80 Exports are less than imports in Pakistan’s

Foreign trade

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