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NTS CURRENT AFFAIRS ECONOMIC MCQ SET 1
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1. The apex regulator of capital market in Pakistan is
federal board of revenue
Pakistan stock exchange
state bank of Pakistan
security and exchange commission of Pakistan
2. In July 2019, Pakistan entered a _____ month loan agreement with IMF.
30
33
36
39
3. IMF has given Pakistan a relief in debt payments for _____ months due to Coronavirus.
6
12
18
24
4. In Pakistan, the interest rate at which one bank borrows from another bank is known as
Policy rate
Repo rate
LIBOR
KIBOR
5. Electricity and gas sub-sectors are counted under the _____ sector.
agriculture
industrial
services
none of these
6. Transport, storage, and communication sub-sectors are counted under the _____ sector.
agriculture
industrial
services
none of these
7. The current policy rate in Pakistan is
7%
8%
9%
10%
8. Public Expenditure on Education in the financial year 2020 is about _____% of the GDP.
2.3
2.7
3.1
3.5
9. As of Year 2020, the literacy rate in Pakistan is about
56%
58%
60%
62%
10. The agriculture provides employment of about ________ of the countrys total labour force.
35.50%
38.50%
41.50%
44.50%
11. The share of livestock sub-sector in the agriculture sector is about
20.54%
40.54%
60.54%
80.54%
12. According to Federal Government, Pakistan suffered loss of Rs. _____ billion in countrys GDP for the financial year 2020 because of Coronavirus.
1,300
2,300
3,300
4,300
13. Pakistans largest export partner is
China
France
United Kingdom
United States
14. Pakistans largest import partner is
China
France
United Kingdom
United States
15. Pakistans largest import item is
Arms
Machinery
Petroleum
Raw material
16. The growth rate in the agriculture sector during the financial year 2020 is
?2.67 %
0.67 %
2.67%
4.67%
17. The growth rate in the industry sector during the financial year 2020 is
2.64 %
0.64%
2.64%
4.64 %
18. The growth rate in the services sector during the financial year 2020 is
0.59 %
2.59%
4.59 %
6.59%
19. Which from the following is NOT a Kharif crop?
Rice
Wheat
Sugarcane
Cotton
20. Which from the following is NOT a Rabi crop?
Sugarcane
Wheat
Gram
Tobacco
21. Qualitative methods of monetary policy do not include:
Direct actions
Bank rate policy
Publicity
Moral persuasion
22. Main Import partner of Pakistan is:
China
United Arab Emirates
America
Singapore
23. Total cultivated area of Pakistan is :
18.1 million hectares
22.1 million hectares
24.1 million hectares
26.1 million hectares
24. _______ is not a tool, of fiscal policy ?
Government expenditure
taxation
transfer payments
Bank Rate
25. The major cash crops of Pakistan are:
Rice, Vegetable, Sugar cane
Wheat, Fruit, Cotton
Sugar cane, Tobacco, Cotton
None of these
26. which sector is considered as the backbone of Pakistans economy:
Industrial sector
Agriculture sector
Education sector
Services sector
27. Stock Exchange of Pakistan (PSX) is regulated by
Finance Ministry
State Bank
National Bank
SECP
28. Main export partner of Pakistan is:
China
America
Germany
United Arab Emirates
29. Pakistans GDP per capita (nominal, 2021) rank is:
147
151
153
155
30. Fixed exchange rate is also known as:
Pegged exchange rate
Obvious exchange rate
Country exchange rate
None of these
31. Which are the Factors of Production Important to Economic Growth?
Land
Capital
Labour
All of these
32. Pakistans major export to US in 2020 was:
Cotton
Plastic
Leather
medical apparatus
33. Pakistans GDP growth rate for the financial year 2021 is
2.94%
3.94%
4.94%
5.94%
34. Number of stock exchanges in Pakistan?
One
Two
Three
Four
35. Current inflation rate in Pakistan:
8%
9.30%
10.90%
11.50%
36. Pakistans biggest export product in 2020.
Rice
Linens
Yarn
None of these
37. Pakistan GDP rank 2021(nominal) in the world is:
30th
35th
42nd
47th
38. Largest sector of Pakistans economy is:
Industries
Agriculture
Manufacturing
None of these
39. Which one is the largest source of federal revenue?
Sales Tax
Excise Duty Tax
Income Tax
None of these
40. Pakistan produces about ____ Bcfd of natural gas.
4
5
6
7
41. The total current population of Pakistan is about
202 million
212 million
222 million
232 million
42. What is the global price benchmark for oil prices?
WTI Crude
Brent Crude
Mars US
OPEC Basket
43. Pakistan on 26 February 2021 has entered a 10-year deal to import LNG from
Qatar
Iran
Russia
Saudi Arabia
44. According to Pakistan-Qatar LNG deal, Pakistan will import the LNG at the rate of ____% of Brent.
9.2
10.2
11.2
12.2
45. Pakistan is considered as a ____ country.
developed
developing
least developed
none of these
46. The current total GDP of Pakistan is
$ 267 billion
$ 287 billion
$ 307 billion
$ 327 billion
47. Policy rate in Pakistan is determined by
Finance Ministry
State Bank
National Bank
SECP
48. We say about a particular investment that it is risky, because
it is dangerous
it has low returns
its returns are uncertain
its raw material is unavailable
49. An investment is said to be risky because
it is dangerous
it has low returns
its returns are uncertain
its raw material is unavailable
50. Which from the following is NOT an example of intangible assets?
Trademarks
Patents
Buildings
Technical expertise
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