Free Economy of Pakistan MCQs with Answers
390 Economy of Pakistan MCQs from Economics, 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 agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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390 questions · page 12 of 20
- A. 6/7 years
- B. 9/10 years
- C. 7/8 years
- D. 3/4 years
Explanation: The cited agricultural statistics report that domestic oilseed requirements nearly doubled over roughly seven to eight years.
Correct answer: 7/8 years- A. GDP
- B. GNP
- C. export earnings
- D. budget
Explanation: Livestock contributes about 36 percent of agricultural value added and roughly 9 percent of Pakistan’s GDP.
Correct answer: GDP- A. 0.53 million hectares
- B. 1.32million hectare
- C. 0.42 million hectares
- D. 0.55 million hectares
Explanation: Azad Jammu and Kashmir has approximately 0.42 million hectares of forest area in the cited Pakistan forestry statistics.
Correct answer: 0.42 million hectares- A. 1.69 million hectares
- B. 0.89 million hectares
- C. 0.96 million hectares
- D. 0.989 million hectares
Explanation: The cited estimate for Punjab's total forest area is 1.69 million hectares.
Correct answer: 1.69 million hectares- A. Mangrove forest
- B. Scrub forests
- C. private plantations
- D. All of these
Explanation: Scrub forests are commonly listed alongside coniferous, irrigated plantation and riverine forests in Pakistan's forest classification.
Correct answer: Scrub forests- A. 0.1%
- B. 3.1
- C. 1.1
- D. 2.1
Explanation: Forestry makes only a very small contribution to Pakistan's recorded GDP, conventionally given in these statistics as about 0.1%.
Correct answer: 0.1%- A. rice
- B. pulses
- C. wheat
- D. None of these
Explanation: Wheat is Pakistan's principal staple food and its largest grain crop, forming the main source of calories for much of the population.
Correct answer: wheat- A. Sugar
- B. cotton vast products
- C. sugar products
- D. wheat
Explanation: Pakistan's major exports traditionally include cotton and cotton-based products, especially yarn, cloth and garments.
Correct answer: cotton vast products- A. Timber
- B. Environmental protection
- C. Wild life
- D. sanctuaries
Explanation: Only about one-third of Pakistan's forest area is considered productive for timber or related output; the remainder is retained mainly for…
Correct answer: Environmental protection- A. 243 thousand cubic meters
- B. 343 thousand cubic meters
- C. 425 thousand cubic meters
- D. 543 thousand cubic meters
Explanation: The forest sector supplied about 425 thousand cubic metres of timber during 1999–2000.
Correct answer: 425 thousand cubic meters- A. $500 million
- B. $350 million
- C. $400 million
- D. $300 million
Explanation: Forests and rangelands support livestock whose annual contribution to Pakistan’s export earnings was estimated at about $400 million.
Correct answer: $400 million- A. 48042 kg/hec
- B. 54378 kg/hec
- C. 45000 kg/hec
- D. 74538 kg/hec
Explanation: Pakistan’s sugarcane yield was reported at approximately 48,042 kilograms per hectare.
Correct answer: 48042 kg/hec233. The share of sugarcane crop in value added in agriculture is 6.3 percent What is the share in GDP ?
- A. 5.1%
- B. 1.5%
- C. 6%
- D. 4%
Explanation: If sugarcane contributes 6.3% of agricultural value added and agriculture contributes roughly one-fourth of GDP, its GDP share is about…
Correct answer: 1.5%- A. Wheat
- B. flour
- C. Wheat & flour
- D. rice
Explanation: Wheat is Pakistan’s largest staple food crop, while rice is the second largest.
Correct answer: rice- A. cash item
- B. import item
- C. export item
- D. None of these
Explanation: Lint cotton is a major export item because Pakistan produces and sells substantial quantities of cotton fibre abroad.
Correct answer: export item- A. 20%
- B. 4%
- C. 3.5%
- D. 2.7%
Explanation: Cotton’s 11.5% share of agricultural value added amounts to about 2.7% of total GDP after allowing for agriculture’s roughly one-fourth…
Correct answer: 2.7%- A. forestry
- B. livestock
- C. poultry
- D. fisheries
Explanation: Livestock is the single largest component of Pakistan’s agriculture sector, exceeding the contributions of forestry, poultry and…
Correct answer: livestock- A. 1.4%
- B. 2%
- C. 1.9%
- D. 2.9%
Explanation: Agriculture grew by 1.4% in the referenced fiscal year. This rate reflects the sector's performance in that year's Pakistan Economic…
Correct answer: 1.4%- A. 3.3%
- B. 6%
- C. 8%
- D. 5.4%
Explanation: Agriculture recorded an average growth rate of about 3.3% over the decade.
Correct answer: 3.3%- A. Rice
- B. Wheat
- C. Cotton
- D. Sugarcane
Explanation: Wheat is Pakistan's largest food crop and the country's main staple grain.
Correct answer: Wheat