As per The Economist Intelligence Unit report 2018,Karachi has been ranked as _________ cheapest city in the world?
Correct answer: A. 6th
- A. 6th
- B. 7th
- C. 8th
- D. 9th
Explanation
The Economist Intelligence Unit ranked Karachi as the sixth-cheapest city in the world in its 2018 cost-of-living comparison. The ranking refers to relative living costs, not the city’s overall economic size.
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Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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