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Free Economy and Budget MCQs with Answers

509 Economy and Budget MCQs from Pakistan Current Affairs, each with the correct answer and a written explanation of why it is correct. Free and unlimited, with no account needed.

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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509 questions · page 3 of 26

41. How much money did the ECC approve as Special allocation for Operation 'Azm-i-isthkam'?

Moderate
  • A. Rs 20 Billion
  • B. Rs 25 Billion
  • C. Rs 30 Billion
  • D. Rs 40 Billion

Explanation: The Economic Coordination Committee approved a special allocation of Rs 20 billion for Operation Azm-i-Istehkam.

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Correct answer: Rs 20 Billion

42. According to the report "Cost of Inaction Tool" developed by Nutrition International Pakistan has ______ highest prevalence of anaemia in adolescent girls and women in the 201 countries worldwide.

Very hard
  • A. 35th
  • B. 55th
  • C. 66th
  • D. 105th

Explanation: Nutrition International’s Cost of Inaction Tool ranked Pakistan 35th among 201 countries for anaemia prevalence in adolescent girls and…

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Correct answer: 35th

43. Which Pakistani company earned spots on Forbes 'Asia's 100 to Watch' list for 2024?

Fairly easy
  • A. NayaPay
  • B. DealCart
  • C. EasyPaisa
  • D. Both (A) & (B)

Explanation: Both NayaPay and DealCart were included in Forbes’ 2024 Asia 100 to Watch list.

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Correct answer: Both (A) & (B)

44. According to the report "Cost of Inaction Tool" developed by Nutrition International how much percent of women in Pakistan suffer from 'anaemia'?

Moderate
  • A. 50%
  • B. Over 41%
  • C. Over 30%
  • D. 21%Downloading Interactive Geographic Maps

Explanation: The cited report states that over 41% of women in Pakistan suffer from anaemia.

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Correct answer: Over 41%

45. According to the report "Cost of Inaction Tool" developed by Nutrition International Pakistan has the ____ highest prevalence of 'anaemia' in adolescent girls and women in eight South Asian countries?

Moderate
  • A. 1st
  • B. 3rd
  • C. 4th
  • D. 8th

Explanation: Pakistan has the fourth-highest anaemia prevalence among adolescent girls and women in the eight South Asian countries covered by the…

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Correct answer: 4th

46. What is the name of the joint Civil - Military Body established by Pakistan to attract foreign investment.

Easy
  • A. Special Investment Facilitation Council (SIFC)
  • B. CPEC Support Council (CPSC)
  • C. Civil-Military Serving Council (CMSC)
  • D. Public Investment Council (PIC)

Explanation: The Special Investment Facilitation Council was created as a civil-military forum to remove bureaucratic barriers and attract domestic and…

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Correct answer: Special Investment Facilitation Council (SIFC)

47. Model Bazar Free home delivery project launched by the chief minister of which province of Pakistan on 19 July 2024?

Easy
  • A. Sindh
  • B. Punjab
  • C. Khyber pakhtunkhwa
  • D. Balochistan

Explanation: Punjab Chief Minister Maryam Nawaz launched the Model Bazar free home-delivery initiative in Punjab.

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Correct answer: Punjab

48. Abolishing the Pakistan Public Works Department (Pak-PWD) as part of winding up loss-making entities, the cabinet on July 10, 2024, approved formation of how many new departments?

Fairly easy
  • A. Three
  • B. Two
  • C. Four
  • D. None of Above

Explanation: The federal cabinet approved two new departments while abolishing Pakistan Public Works Department as part of the restructuring of…

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Correct answer: Two

49. The total volume of the budget of Pakistan for the fiscal year 2024-25 be _________?

Hard
  • A. Rs 18,877 billion
  • B. Rs 19,000 billion
  • C. Rs 20,234 billion
  • D. None of these

Explanation: The 2024-25 federal budget had a total outlay of Rs 18.877 trillion, written as Rs 18,877 billion.

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Correct answer: Rs 18,877 billion

50. According to the Pakistan Economic Survey 2023-24 released on June 11, 2024, as many as ________ individuals are unemployed in the country.

Moderate
  • A. 4 Million
  • B. 4.5 Million
  • C. 5 Million
  • D. 5.8 Million

Explanation: The Pakistan Economic Survey reported about 4.5 million unemployed people.

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Correct answer: 4.5 Million

51. According to the Pakistan Economic Survey 2023-24 released on June 11, 2024, from 4.5 million unemployed individuals the youth aged 15-24 have the highest unemployment rate of:____________?

Hard
  • A. 9.3%
  • B. 10.5%
  • C. 11.1%
  • D. 12.2%Downloading Interactive Party Trivia Games

Explanation: The 15–24 age group recorded the highest unemployment rate at 11.1 percent among the figures cited in the Economic Survey.

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Correct answer: 11.1%

52. The 'Pakistan Economic Survey 2023-24' released by Finance Minister _____________ on June 11, 2024.

Easy
  • A. Ishaq Dar
  • B. Muhammad Aurangzeb
  • C. Miftah Ismail
  • D. None of These

Explanation: Finance Minister Muhammad Aurangzeb presented the Pakistan Economic Survey 2023-24 on June 11, 2024.

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Correct answer: Muhammad Aurangzeb

53. The State Bank of Pakistan (SBP) on June 10, 2024, reduced its policy rate by 150 basis points to 20.5 per cent, the first cut in nearly ____ years.

Hard
  • A. Two
  • B. Three
  • C. Four
  • D. Five

Explanation: The SBP cut its policy rate by 150 basis points, from 22 percent to 20.5 percent, in June 2024.

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Correct answer: Four

54. Which Bank on June 5, 2024, announced that it had approved a $250 million policy-based loan to Pakistan to drive sustainable investments in infrastructure and services through public-private partnerships?

Fairly easy
  • A. World Bank
  • B. Asian Infrastructure Investment Bank
  • C. Asian Development Bank
  • D. Swiss Bank

Explanation: The Asian Development Bank approved the $250 million policy-based loan to support sustainable infrastructure and public-private…

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Correct answer: Asian Development Bank

55. The Sindh Investment Department (SID) and Swiss Business Council (SBC) signed a memorandum of understanding (MoU) on ___________, to promote trade and investment.

Moderate
  • A. June 4, 2023
  • B. June 4, 2024
  • C. May 31, 2023
  • D. April 30, 2024Standardized & Admissions Tests

Explanation: The Sindh Investment Department and Swiss Business Council signed the investment-promotion MoU on June 4, 2024.

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Correct answer: June 4, 2024

56. According to the Pakistan Bureau of Statistics data released on June 3, 2024, Pakistan recorded its highest monthly growth in exports in ___ years with a jump of almost 19% in May 2024.

Hard
  • A. Three
  • B. Two
  • C. One
  • D. Four

Explanation: The May 2024 export increase was described as Pakistan’s highest monthly growth in three years, with exports rising by almost 19 percent.

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Correct answer: Three

57. The United Arab Emirates (UAE) has announced the allocation of _________ billion for investment in promising economic sectors in Pakistan

Fairly easy
  • A. $10bn
  • B. $14bn
  • C. $13bn
  • D. None of These

Explanation: The UAE announced a target of $10 billion in investment in promising sectors of Pakistan’s economy.

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Correct answer: $10bn

58. According to the National Accounts Committee (NAC) Pakistan's investment ratio has plunged to its lowest level in ________ years, falling to just 13.1% of the size of the economy in the outgoing FY-2024.

Hard
  • A. 20
  • B. 30
  • C. 40
  • D. 50

Explanation: The National Accounts Committee reported an investment-to-GDP ratio of 13.1%, its lowest level in 50 years.

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Correct answer: 50

59. What is the ranking of Pakistan in Travel and Tourism Development Index 2024?

Fairly easy
  • A. 94
  • B. 101
  • C. 104
  • D. None of these

Explanation: Pakistan ranked 101st in the World Economic Forum’s Travel and Tourism Development Index 2024.

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Correct answer: 101

60. As per Dubai Leaks published in May 2024, Pakistani nationals own properties of how much in Dubai (UAE)?

Hard
  • A. USD 12.5 billion
  • B. USD 14.5 billion
  • C. USD 15.5 billion
  • D. None of These

Explanation: The Dubai property data released in May 2024 estimated Pakistani-owned real estate in Dubai at about US$12.5 billion.

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Correct answer: USD 12.5 billion
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