Pakistan Economy
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Q41.Pakistan's external debt is primarily denominated in which foreign currency for international obligations?
Correct Answer: B
A significant portion of Pakistan's external debt is denominated in US Dollars.
Q42.Overseas Pakistani workers' money sent back home is referred to as?
Correct Answer: B
Money sent home by overseas workers is called remittances.
Q43.A "current account deficit" occurs when a country's imports of goods and services exceed its?
Correct Answer: B
A current account deficit occurs when imports plus outflows exceed exports plus inflows.
Q44.The Karachi Stock Exchange is now officially known as?
Correct Answer: A
The Karachi, Lahore and Islamabad stock exchanges merged to form the Pakistan Stock Exchange (PSX).
Q45.The term "circular debt" in Pakistan is most commonly associated with which sector?
Correct Answer: B
Circular debt refers to a chain of unpaid liabilities within Pakistan's energy/power sector.
Q46.Special Economic Zones (SEZs) under CPEC are primarily intended to promote?
Correct Answer: B
SEZs under CPEC aim to promote industrialization and attract investment.
Q47.Sukuk, used in Pakistan's financial system, refers to?
Correct Answer: B
Sukuk are Shariah-compliant financial certificates similar to bonds but structured to avoid interest.
Q48.Foreign Direct Investment (FDI) refers to investment made by?
Correct Answer: B
FDI is investment made by a foreign entity into a country's businesses or assets.
Q49.Pakistan's textile sector is significant primarily because it is a leading contributor to the country's?
Correct Answer: B
The textile sector is one of Pakistan's largest export earners.
Q50.A "policy rate" set by the State Bank of Pakistan primarily influences?
Correct Answer: B
The policy rate influences borrowing costs across the economy and helps control inflation.
Q51.Pakistan's agriculture sector remains a major employer and contributes significantly to which economic indicator?
Correct Answer: B
Agriculture remains a significant contributor to Pakistan's GDP and employment.
Q52.The Benazir Income Support Programme (BISP), renamed in some contexts, primarily provides?
Correct Answer: B
BISP provides direct cash transfers to poor and vulnerable households in Pakistan.
Q53.The State Bank of Pakistan primarily uses monetary tools to control?
Correct Answer: B
The SBP uses monetary policy tools to manage inflation and control money supply.
Q54.A "trade deficit" occurs when a country's imports exceed its?
Correct Answer: B
A trade deficit occurs when the value of imports exceeds the value of exports.
Q55.A "subsidy" provided by the government is essentially a?
Correct Answer: B
A subsidy is financial assistance from the government to lower the cost of goods or services.
Q56.The term "GDP per capita" measures?
Correct Answer: B
GDP per capita measures the average economic output generated per person in a country.
Q57.Pakistan's relationship with the World Bank primarily involves securing?
Correct Answer: B
Pakistan engages with the World Bank mainly for development loans and technical assistance.
Q58.The term "de-dollarization" refers to efforts by countries to reduce reliance on which currency for trade?
Correct Answer: B
De-dollarization refers to reducing dependence on the US Dollar for international trade and reserves.
Q59.State Bank Of Pakistan Governor Reza Baqir retired on completing his 3-year term on __________?
Correct Answer: C
Dr. Reza Baqir completed his three-year tenure as Governor of the State Bank of Pakistan (SBP) on May 4, 2022.
Q60.According to the 'GLOBAL RISK REPORT 2022', published by WEF, which among the following is top risk for Pakistan?
Correct Answer: C
The World Economic Forum's Global Risks Report 2022 identified debt crisis as the primary risk facing Pakistan.