Economic | MCQs

Explanation

Agriculture is Pakistan's largest economic sector.

It contributing 24% to GDP and employing 42% of the workforce, with major crops.

 Including cotton, wheat, rice, and sugarcane.

Explanation

Trade deficit of Pakistan in 2019: 23.18 US billion 

Trade deficit of Pakistan in 2018: 31.8 billion US dollars

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Explanation

To reduce reliance on a few export sectors and increase resilience to global economic fluctuations,

Pakistan should diversify its export base.

Encouraging export-oriented industries, supporting small and medium enterprises (SMEs),

and developing high-value-added products can help boost exports

Explanation

Explanation

At the time of division, there was a cash balance of 4 billion rupees in the Reserve Bank of India which was to be divided between India and Pakistan in the ratio of:

17 to India

and 5 to Pakistan.

Pakistan was to receive 750 million rupees, which was initially delayed by the Indian Government.

ND22-7-2023

Explanation

Fiscal policy addresses taxation and government spending, and it is generally determined by government legislation

Explanation

فیصل آباد کو پاکستان کا مانچسٹر کہنے کی وجہ یہ ہے کہ یہ پاکستان کا سب سے بڑا ٹیکسٹائل شہر ہے اور

یہاں کی تمام صنعتیں ٹیکسٹائل سے وابستہ ہیں اور

یہی برطانیہ کا مانچسٹر ہے اس لیے ان شہروں کو جڑواں شہر بھی کہا جاتا ہے۔

لاہور کے بعد فیصل آباد اپنے کھانوں کے حوالے سے مشہور ہے۔

Explanation

Khairpur is a city and the capital of the Khairpur District.

Khairpur is famous for Faiz Mahal and Kot Diji Fort.

It is the 46th largest city in Pakistan by population

District: Khairpur

Division: Sukkur

Province: Sindh

The district is further divided into eight sub-districts:

1. Khairpur Tehsil,
2. Mirwah Tehsil,
3. Kot Diji Tehsil,
4. Kingri Tehsil,
5. Sobho Dero Tehsil,
6. Gambat Tehsil,
7. Faiz Ganj Tehsil
8. and Nara Tehsil
   

Explanation

According to United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP), Pakistan will have the highest losses as a percentage of GDP at 9.1 percent.

Explanation

On June 9 2022, Senate passed the Fiscal Responsibility and Debt Limitation (Amendment) Bill, 2022.