Economy of Pakistan MCQs – Page 2

Solved MCQs on Pakistan's economy: State Bank, fiscal year, taxes, NFC Award, crops, minerals, energy projects and CPEC, with short explanations.

1. 21

   The Pakistan Economic Survey is released every year by the:

   AMinistry of FinanceBState Bank of PakistanCPakistan Bureau of StatisticsDPlanning Commission

   Correct answer: A. Ministry of Finance

   The Finance Division publishes the Economic Survey just before the federal budget. It reviews the economy's performance over the outgoing year.

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2. 22

   Which bank became Pakistan's first licensed full-fledged Islamic commercial bank in 2002?

   ABank IslamiBAl Baraka BankCDubai Islamic Bank PakistanDMeezan Bank

   Correct answer: D. Meezan Bank

   Meezan Bank received the first full-fledged Islamic commercial banking licence from the State Bank of Pakistan in 2002.

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3. 23

   The Benazir Income Support Programme (BISP), Pakistan's main cash-transfer programme for poor families, was launched in:

   A2004B2008C2013D2018

   Correct answer: B. 2008

   BISP was launched in 2008 to give regular cash assistance to low-income women and families.

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4. 24

   Which organization issues currency notes in Pakistan?

   AMinistry of FinanceBState Bank of PakistanCNational Bank of PakistanDPakistan Mint

   Correct answer: B. State Bank of Pakistan

   The State Bank issues banknotes, printed by the Pakistan Security Printing Corporation. Coins are minted by the Pakistan Mint.

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5. 25

   Kharif crops in Pakistan are generally sown in:

   AOctober–DecemberBApril–JuneCJanuary–FebruaryDAugust–September

   Correct answer: B. April–June

   Kharif crops such as cotton and rice are sown from about April to June and harvested in autumn. Rabi crops are sown in October–December.

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