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Pakistan Economy MCQs

Pakistan Economy Quiz Outline

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Pakistan Economy MCQs

1 / 20

In The Fiscal Year 2019-20 The Current Account Deficit Of Pakistan Was.....?

2 / 20

In The Fiscal Year 2019-20 The Trade Deficit Of Pakistan Was......?

3 / 20

Second Largest Economy In The World With Respect To GDP Is .....?

4 / 20

Biggest Economy With Respect To GDP Is ...... In The World?

5 / 20

Current Finance Advisor (Finance Minister) Of Pakistan Is ......?

6 / 20

Total Developmental Expenditure In The Budget 2020-21 Is Estimated......?

7 / 20

According To The Budget 2020-21 The Biggest Current Expenditure Of Pakistan Is ......?

8 / 20

The Size Of The Fiscal Budget 2020-21 Is ......?

9 / 20

Which Of The Following Is Not A Mode Of Deficit Financing?

10 / 20

Deficit Financing If Carried Out By Printing Of Notes Cause...... In The Country?

11 / 20

The Budget Of Pakistan In 2020-21 Is A ..... Budget?

12 / 20

Which Of The Following Tax Is Indirect And Normally Imposed On Imported Goods?

13 / 20

Which Of The Following Is A Direct Tax?

14 / 20

A Tax That Is Levied According To The Vale Of The Goods Is Called.....?

15 / 20

A Tax Which Is Levied According To The Quantity Of The Good(Like Per Unit) Is Called .....?

16 / 20

If The Tax Rate Increases As The Income Decrease Then Such Tax Is Called.....?

17 / 20

If The Tax Rate Increases As The Income Increase Then Such Tax Is Called......?

18 / 20

Excise Duty Is An Example Of .....?

19 / 20

Construction Of Diamir Bhasha Dam Is An Example Of .....?

20 / 20

A Commercial Bank Is .........?

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Pakistan Economy MCQs With Answers

In the fiscal year 2019-20 the Current account deficit of Pakistan was____?

A. $10 Billion
B. $3 Billion
C. $20 Billion
D. $15 Billion
View Answer

A. $10 Billion

In the fiscal year 2019-20 the trade deficit of Pakistan was____?

A. $15 Billion
B. $31 Billion
C. $20 Billion
D. $50 Billion
View Answer

A. $15 Billion

Second largest economy in the world with respect to GDP is ____?

A. China
B. USA
C. Japan
D. India
View Answer

B. USA

Biggest economy with respect to GDP is _____ in the world?

A. China
B. USA
C. Japan
D. India
View Answer

B. USA

Current Finance Advisor (Finance Minister) of Pakistan is ____?

A. Abdul Hafeez Shaikh
B. Asad Umer
C. Shah Mehmood Quraishi
D. Murad Saeed
View Answer

A. Abdul Hafeez Shaikh

Total developmental expenditure in the budget 2020-21 is estimated____?

A. Rs 6500 Billion
B. Rs 650 Billion
C. Rs 2000 Billion
D. Rs 500 Billion
View Answer

B. Rs 650 Billion

According to the budget 2020-21 the biggest current expenditure of Pakistan is ____?

A. Markup payment on debt
B. Defense expenditure
C. Subsidies
D. Pensions
View Answer

A. Markup payment on debt

The size of the fiscal budget 2020-21 is ____?

A. Rs 8137 Billion
B. Rs 7137 Billion
C. Rs 9137 Billion
D. Rs 6137 Billion
View Answer

B. Rs 7137 Billion

Which of the following is not a mode of deficit financing?

A. Printing of notes
B. Foreign Borrowing
C. Internal Borrowing
D. Levying taxes
View Answer

D. Levying taxes

Deficit financing if carried out by printing of notes cause____ in the country?

A. Inflation
B. Deflation
C. Investment
D. Innovation
View Answer

A. Inflation

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