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.
Last updated
390 questions · page 4 of 20
- A. immigration
- B. colonization
- C. conquest
- D. coexistence
Explanation: Pluralism means that different cultural or ethnic groups retain their identities while living together within one society.
Correct answer: coexistence- A. biology
- B. the heritage of slavery
- C. historic events of recent years
- D. none of the above
Explanation: The contemporary explanation generally stresses historical and social conditions, including more recent economic and institutional…
Correct answer: historic events of recent years- A. individual discrimination
- B. institutional discrimination
- C. cultural discrimination
- D. lack of talent among blacks
Explanation: A persistent shortage of Black managers and coaches across professional sports can result from organisational practices and institutional…
Correct answer: institutional discrimination- A. Judge each individual on his own merits
- B. All blacks are good basketball players
- C. There are good and bad among all ethnic or racial groups
- D. Talent is not the exclusive property of any ethnic group
Explanation: Stereotyping assigns a supposedly common trait to every member of a group, as in the claim that all Black people are good basketball…
Correct answer: All blacks are good basketball players- A. segregation
- B. acculturation
- C. accommodation
- D. amalgamation
Explanation: Amalgamation is the merging of formerly separate racial or ethnic groups through intermarriage and cultural blending, often illustrated by…
Correct answer: amalgamation- A. assimilation
- B. acculturation
- C. accommodation
- D. segregation
Explanation: Accommodation occurs when groups maintain distinct identities while adjusting to live together in the same society; the Cuban community in…
Correct answer: accommodation- A. pluralistic
- B. assimilationist
- C. secessionist
- D. all of the above
Explanation: Minorities may respond to domination by seeking inclusion through assimilation, equal recognition through pluralism, or political…
Correct answer: all of the above- A. a small group of people living within a large nation
- B. a group of people who possess the same access to prestige privilege and power but who differ in looks
- C. any group in society that is socially dominated by another group through discrimination because of race culture religion or sex
- D. any small group in society which is disliked and abused
Explanation: A minority is defined sociologically by social disadvantage and domination, not merely by having fewer members.
Correct answer: any group in society that is socially dominated by another group through discrimination because of race culture religion or sex- A. as wealthy as the developed nations
- B. living in poor countries
- C. living in industrial nations
- D. living in predominantly agricultural nations
Explanation: The projection highlights that most future population growth will occur in developing or poor countries, rather than in today’s industrial…
Correct answer: living in poor countries- A. the elderly
- B. women
- C. minorities
- D. children
Explanation: Children generally make up the largest poor group, while women and minorities also face elevated poverty risks.
Correct answer: the elderly- A. quintiles
- B. six or seven layers
- C. the bourgeoisie and the proletariat
- D. the haves and the have nots
Explanation: Marx’s basic class model contrasts the bourgeoisie, who own the means of production, with the proletariat, who sell their labour.
Correct answer: the bourgeoisie and the proletariat- A. statistics on cancer deaths
- B. a recent study by an epidemiologist
- C. the fact that people revere academics
- D. none of the above
Explanation: The cited epidemiological research connected social status with important health outcomes, supporting the view that status affects life…
Correct answer: a recent study by an epidemiologist- A. status inconsistency
- B. horizontal mobility
- C. intragenerational mobility
- D. intergenerational mobility
Explanation: Intergenerational mobility compares a person’s social or economic position with that of their parents.
Correct answer: intergenerational mobility- A. apolitical bureaucrats
- B. the working poor
- C. former members of the middle class
- D. professionals with skills important in the information society
Explanation: The New Class refers to educated professionals and knowledge workers whose expertise is central to an information-based economy.
Correct answer: professionals with skills important in the information society- A. Episcopalians
- B. Presbyterians
- C. Congregationalists
- D. all of the above
Explanation: Episcopalians, Presbyterians, and Congregationalists are historically associated with relatively restrained Protestant worship appealing…
Correct answer: all of the above76. The rise of social classes is almost always associated with the development of__________________?
- A. the state
- B. democracy
- C. totalitarianism
- D. international trade
Explanation: Stable social classes generally emerge with a state that can organise authority, property, taxation, and unequal social roles.
Correct answer: the state- A. identifies with a state's culture
- B. shares a state,s interests and goals
- C. displays feelings of ethnocentrism
- D. all of the above
Explanation: Nationalism creates identification with the state's culture and interests, while often producing ethnocentric feelings that place one's…
Correct answer: all of the above- A. conjugal family
- B. atomic family
- C. extended family
- D. group family
Explanation: A nuclear family generally consists of parents and their children, whereas an extended family includes additional relatives such as…
Correct answer: extended family- A. recreation
- B. innovation
- C. ingratiation
- D. integration
Explanation: Durkheim argued that religion binds people to a community by creating shared beliefs, rituals, and moral obligations.
Correct answer: integration- A. good and evil
- B. children of light and children of darkness
- C. natural and supernatural
- D. sacred and profane
Explanation: Durkheim divided religious reality into the sacred, which is set apart and treated with reverence, and the profane, which belongs to…
Correct answer: sacred and profane