Correct : C. The balance between a nation's expenditure on imports and its receipts from exports.
2. Pinpoint the main objectives of World Trade Organization (WTO):
Correct : B. To eliminate quota system and promote free competition in trade.
3. The number of family welfare centres in Punjab are:
Correct : B. 940
4. Which of the following statement is not true?
Correct : C. The World Bank provides loans to such countries whose balance of payments condition is not favourable
5. Identify the main functions of IMF:
Correct : C. To make foreign exchange resources available for those countries facing balance of payments difficulties
6. The United Nations celebrated “International Year of
Shelter for the Homeless” in:
Correct : B. 1987
7. The Islamic Development Bank would provide half a billion US dollars in Capital to create--
Correct : B. International Islamic Foundation for Science and Technology
8. The domestic production of crude oil in the country is approximately (per day)
Correct : B. 57,700 Barrels
9. The regulations of World Trade Organization (WTO) shall be enforced from:
Correct : D. 1 January 2005
10. The biggest market of Pakistani exports is:
Correct : C. U.S.A
11. The biggest market of Pakistani Imports is:
Correct : A. USA
12. The Government has reduced the rate of profit on National Saving Schemes primarily for the reason of:
Correct : D. To bridge the gap between their profit rate and Bank's mark up rate on loans
13. Pakistan’s domestic demand for petroleum products in growing annually with the percentage of:
Correct : B. 5 percent
14. The Women’s Division was created in the Federal Government in January:
Correct : A. 1974
15. The first “World Population Conference” under the United Nations was held in 1975 at:
Correct : B. Bucharest
16. Difference between a countrys exports and imports is:
Correct : A. Trade Balance
17. Cash crop is the crop:
Correct : B. Which is grown only for sale
18. The lowering of the value of a currency in the international market or against specific other currencies, which makes exports cheaper and imports expensive is called:
Correct : A. Devaluation
19. The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called:
Correct : C. Gross Domestic Product
20. Dow Jones index' is the scale:
Correct : C. For measuring the average share price of major US industrial companies
21. Embargoes are designed to:
Correct : B. Restrict trade of particular commodities
22. When a group of countries have removed all tariffs quotas and export subsidies on trade among themselves – that is called:
Correct : C. Free Trade zone
23. Which one among the following statements is truly explain the `Laissez Faire' theory?
Correct : A. State should refrain from all intervention in economic affairs
24. The lowest number of people living below the poverty line among the SAARC Countries are in:
Correct : D. Sri Lanka
25. Family Planning in rural areas hampered mainly due to:
Correct : B. Lack of knowledge
26. Both-way trade between two countries is also known as:
Correct : C. Volume of Trade
27. Trade by exchange of Commodities is called:
Correct : D. Barter Trade
28. Tax on a Commodity according to its volume is:
Correct : D. Ad Valorem Tax
29. Who is the first Tax Mohtasib of Pakistan?
Correct : D. Justice (R) Saleem Akhtar
30. Safety stock of grains held by the government is:
Correct : B. Overhead stock
31. The lowest price below which a thing will not be sold is
called its:
Correct : A. Floor price
32. When no tariffs are imposed on exports and imports, it is called:
Correct : C. Free trade
33. An economy when private and government enterprises both
operates, is:
Correct : D. Mixed economy
34. Agreement between two countries is:
Correct : B. Bilateral agreement
35. Family Planning Programme was started in Pakistan in:
Correct : A. 1952
36. What percentage of population in Pakistan is under the age
of 15?
Correct : C. 45%
37. A free port is the port where:
Correct : B. No duties and no restrictions
38. Which country has maximum foreign project investments in
Pakistan?
Correct : C. China
39. What do you understand by the term "Kerb" in foreign currency dealings:
Correct : A. The exchange rate of currencies in the open market
40. Financial year of USA starts from:
Correct : C. 1st July
41. In the budget 2001-2002, the government has decided to
wind-up one of the following privilege of the new employees:
Correct : D. None of the above
42. In the budget 2001-2002, the largest sector of current
expenditure is allocated on:
Correct : C. Running of civil government
43. In the budget 2001, 2002, what amount the government has
allocated to undertake new water projects in the country:
Correct : D. Rs. 3 billion
44. General Sales Tax, under the constitution 1973
is a:
Correct : A. Federal Subject
45. Which of the following country will provide financial aid for the construction of Gwadar Port and Makran Coastal highway in Balochistan?
Correct : A. China
46. The world's most Powerful super computer is called:
Correct : A. ASCI White
47. The outflow of the best and brightest students from developing countries is called:
Correct : C. Brain drain
48. Which five year plan of Pakistan is yet to be implemented?
Correct : C. 9th
49. The per capita income of Pakistan is approximately:
Correct : C. 483 US Dollars
50. Which province has the highest literacy rate?
Correct : D. Sindh
51. According to a recent report of International Labour Organization (ILO) the number of people in the World living on two dollars or less a day are:
Correct : B. 3 billion
52. Pinpoint the source, through which budgetary gap is
financed in Pakistan?
Correct : D. All the above sources
53. If a country wants to achieve rapid rate of economic
development, it must save at least:
Correct : A. 25% Gross National Products each year
54. Identify the main reason of 'deficit financing' in Pakistan-
Correct : D. All the above one
55. Pakistan's domestic saving rate of GNP is:
Correct : C. 11%
56. Which is the single largest component of GDP of Pakistan?
Correct : B. Agriculture
57. Which of the following sector is the main source of foreign exchange earnings in Pakistan?
Correct : B. Agriculture
58. Identify the duration of the First five year plan of Pakistan:
Correct : B. 1955 – 60
59. What is the share of wheat crop in total cropped area of
Pakistan?
Correct : C. 37.01%
60. The total area of Pakistan is 80 million hectares, out of
which area under forests is:
Correct : B. 4.8%
61. OPEC's largest oil producing country is:
Correct : C. Saudi Arabia
62. The Aid to Pakistan Consortium now renamed as:
Correct : D. Pakistan Development Forum
63. The ratio of males and females population of Pakistan is
equal in:
Correct : D. Rawalpindi
64. United Nations World Food Programme commenced its
operation in Pakistan during:
Correct : C. 1968
65. The country with highest ratio of urban population in South
Asia is:
Correct : C. Pakistan
66. The Government of Pakistan has given certain incentives to
farmers for growing black tea on experimental basis at:
Correct : C. Mansehra
67. In which of the following country, population growth rate is lowest?
Correct : A. Japan
68. In which of the following country, the population growth
rate is lowest?
Correct : B. China
69. The largest population density is in:
Correct : B. Bangladesh
70. The World's population has now reached on:
Correct : A. 6 billion
71. The study of science of population is called :
Correct : B. Demography
72. The 5th national census recorded the total population of
Punjab with annual growth rate of :
Correct : B. 72.585 million -2.01%
73. The population growth rate in the country is:
Correct : B. 2.61%
74. Identify the total percentage of population in the country,
having access to safe and clean water supply.
Correct : C. 59%
75. The population density in Punjab per square kilometer is approximately : (persons)
Correct : A. 353
76. Identify the member of G-8 organization, which will provide 300 million US dollars to Pakistan in 1999 for certain development projects?
Correct : D. Japan
77. In the total population of Pakistan, the percentage of income
tax payers is only :
Correct : A. 1.05%
78. What do you understand by the term "deflation"?
Correct : B. Increase in interest rates diverts money into savings and reduce circulation of money causing prices to fall.
79. The maximum number of persons populated in one square
kilometer of area are in:
Correct : D. Islamabad
80. The minimum number of persons populated in one square
kilometer of area are in:
Correct : C. Balochistan
81. In the total population of Pakistan, the share of Punjab
province is approximately :
Correct : C. 60%
82. In the total population of Pakistan, the share of Balochistan
is approximately :
Correct : B. 5%
83. Hydel power Stations of `WAPDA' are generating electricity
approximately:
Correct : B. 4250 mw
84. The total demand of power (electricity) in the country at
present is approximately:
Correct : B. 9000 mw
85. In which of the following districts, the government of Pakistan has given incentives package to farmers for growing black tea on experimental basis?
Correct : C. Mansehra
86. UNESCO required one country must spend at least one percent of its GDP on Science and Technology but Pakistan is spending only:
Correct : A. 0.02%
87. In which division of Punjab, the ratio of males and females
is equal?
Correct : D. Rawalpindi
88. Which of the continents has the lowest population growth rate?
Correct : D. Europe
89. With the present population growth rate, Pakistan would
become world’s 3rd most populated country by the year:
Correct : D. 2050
90. In which Division of Punjab, the ratio of females in
population is 10% more than males?
Correct : D. Lahore
91. Which is the most urbanized division of Punjab?
Correct : D. Lahore
92. In the ten (10) most populated cities of Pakistan, Sialkot is
on number :
Correct : D. Nine
93. In the ten most populated cities of Pakistan, Rawalpindi is
on number:
Correct : B. Four
94. Which region of Punjab is free from water-logging Problem?
Correct : C. Rawalpindi
95. What is the main reason of the flour crisis in the country?
Correct : C. Smuggling of wheat flour to other country
96. Identify the length of Islamabad-Peshawar section of Motorway:
Correct : D. 154 km
97. Which Division of Punjab produces maximum wheat crop?
Correct : D. Multan Division
98. "Rawal" and "Hajveri" are the two varities of one of the
following crops.
Correct : B. Cotton
99. The share of Cotton crop in the total cropped area of Punjab
is approximately.
Correct : A. 16.0%
100. Which division of the Punjab Produces maximum Sugarcane
crop?