Pakistan Economy

81 questions available

FILTER BY SUBTOPIC

All GDP & Growth 2 Inflation 1 Budget & Fiscal Policy 32 Taxation & FBR 5 Monetary Policy & SBP 7 Public Debt 2 IMF 2 World Bank 2 Trade & Balance of Payments 9 Remittances 2 Economic Reforms 7 CPEC Economy 10
Showing 21–40 of 81

Q21.The Governor of the State Bank of Pakistan is appointed by?

Medium
A Prime Minister
B President on advice of PM/Finance Ministry
C Chief Justice
D Parliament
Monetary Policy & SBP CSS

Correct Answer: B

The Governor SBP is appointed by the Federal Government (President acting on advice).

Q22.A country's fiscal year in Pakistan runs from?

Easy
A January to December
B July to June
C April to March
D October to September
Budget & Fiscal Policy FPSC

Correct Answer: B

Pakistan's fiscal year runs from 1 July to 30 June.

Q23.The State Bank of Pakistan is the country's?

Easy
A Commercial bank
B Central bank
C Investment bank
D Development bank
Monetary Policy & SBP PPSC

Correct Answer: B

SBP is the central bank of Pakistan, responsible for monetary policy.

Q24.A "fiscal deficit" refers to a situation where?

Medium
A Exports exceed imports
B Government expenditure exceeds its revenue
C Imports exceed exports
D Revenue exceeds expenditure
Budget & Fiscal Policy CSS

Correct Answer: B

A fiscal deficit occurs when government spending exceeds its total revenue.

Q25.Which Pakistani port is a key hub of the CPEC project?

Easy
A Karachi Port
B Port Qasim
C Gwadar Port
D Pasni Port
CPEC Economy PPSC

Correct Answer: C

Gwadar Port in Balochistan is the key strategic hub of CPEC.

Q26.FBR stands for?

Easy
A Federal Bureau of Revenue
B Federal Board of Revenue
C Federal Body of Regulation
D Finance Bureau of Reserves
Taxation & FBR CSS

Correct Answer: B

FBR stands for Federal Board of Revenue, Pakistan's apex tax authority.

Q27.The International Monetary Fund (IMF) primarily provides Pakistan with?

Medium
A Grants
B Balance of payments support loans
C Military aid
D Free trade agreements
IMF PPSC

Correct Answer: B

The IMF provides loans to support balance of payments and macroeconomic stability.

Q28.The currency of Pakistan is the?

Easy
A Pakistani Dollar
B Pakistani Rupee
C Pakistani Dinar
D Pakistani Riyal
Monetary Policy & SBP FPSC

Correct Answer: B

The Pakistani Rupee (PKR) is the official currency of Pakistan.

Q29.Which body announces Pakistan's Monetary Policy?

Easy
A Ministry of Finance
B State Bank of Pakistan
C FBR
D Planning Commission
Monetary Policy & SBP FPSC

Correct Answer: B

The State Bank of Pakistan announces monetary policy periodically.

Q30.CPEC stands for?

Easy
A China Pakistan Economic Corridor
B China Pakistan Export Council
C China Pakistan Energy Cooperation
D Central Pakistan Economic Council
CPEC Economy FPSC

Correct Answer: A

CPEC stands for China-Pakistan Economic Corridor, a flagship project of the Belt and Road Initiative.

Q31.GDP stands for?

Easy
A Gross Domestic Product
B Government Development Plan
C Gross Development Product
D General Domestic Policy
Budget & Fiscal Policy PPSC

Correct Answer: A

GDP stands for Gross Domestic Product, the total value of goods and services produced.

Q32.Which tax is collected directly by FBR on income earned by individuals and companies?

Easy
A Sales Tax
B Income Tax
C Customs Duty
D Excise Duty
Taxation & FBR PMS

Correct Answer: B

Income tax is a direct tax collected on the income of individuals and companies.

Q33.Pakistan's federal budget is presented in the National Assembly typically by the?

Easy
A Prime Minister
B Finance Minister
C President
D Governor SBP
Budget & Fiscal Policy PMS

Correct Answer: B

The Finance Minister presents the federal budget in the National Assembly.

Q34.The Public Sector Development Programme (PSDP) is primarily related to?

Medium
A Foreign policy
B Development project funding
C Defence budget
D Judicial reforms
Budget & Fiscal Policy PPSC

Correct Answer: B

PSDP allocates funds for government development projects.

Q35.CPEC is a key part of which larger Chinese initiative?

Medium
A Belt and Road Initiative
B Silk Road Fund
C Asian Infrastructure Bank Plan
D One China Policy
CPEC Economy CSS

Correct Answer: A

CPEC is a flagship project under China's Belt and Road Initiative (BRI).

Q36.Public debt refers to?

Easy
A Money owed by individuals
B Total amount owed by the government
C Corporate loans
D Foreign direct investment
Public Debt PPSC

Correct Answer: B

Public debt is the total amount of money a government owes to creditors.

Q37.Pakistan receives the largest share of remittances from workers based in?

Medium
A Europe
B Gulf countries (Middle East)
C North America
D Africa
Remittances PMS

Correct Answer: B

A significant share of Pakistan's remittances comes from Gulf/Middle Eastern countries.

Q38.Structural economic reforms typically aim to?

Medium
A Increase short-term consumption only
B Improve long-term efficiency and competitiveness
C Reduce foreign trade
D Eliminate taxation
Economic Reforms PPSC

Correct Answer: B

Structural reforms aim to improve long-term economic efficiency and competitiveness.

Q39.Devaluation of a currency generally makes a country's exports?

Medium
A More expensive
B Cheaper and more competitive
C Illegal
D Unaffected
Trade & Balance of Payments PMS

Correct Answer: B

Currency devaluation makes exports cheaper and more competitive internationally.

Q40.The World Bank Group primarily focuses on which of the following?

Medium
A Currency exchange rates
B Poverty reduction and development financing
C Military alliances
D Trade tariffs
World Bank FPSC

Correct Answer: B

The World Bank focuses on poverty reduction and financing development projects.