PAK ECO TEST - 2 - ISSB Pakistan

Pak-Economy Test-2 (QM)

Pak-Economy Test-2 (QM)

The number of attempts remaining is 100

1 / 10

1. How does the informal economy contribute to Pakistan's GDP?

A. Boosts tax collection

B. Negligible impact

C. No contribution

D. Significant contribution with challenges for tax collection and regulation

2 / 10

2. How has the COVID-19 pandemic impacted Pakistan's economy?

A. Boosted economic growth

B. Positive impact

C. Led to economic challenges, including disruptions to trade and decline in certain sectors

D. No impact

3 / 10

3. What measures are in place to address income inequality in Pakistan?

A. Government working on social welfare programs and economic policies

B. No measures

C. Ignoring income inequality

D. Only relying on market forces

4 / 10

4. How does the trade balance of Pakistan look currently?

A. Balanced trade

B. Trade deficit, with imports exceeding exports

C. Trade surplus

D. No trade activities

5 / 10

5. How is Pakistan addressing the challenge of water scarcity and its impact on agriculture?

A. Importing water

B. Investing in water management infrastructure and promoting efficient irrigation practices

C. Ignoring the issue

D. Relying on traditional irrigation methods

6 / 10

6. What is the literacy rate in Pakistan, and how does it impact the economy?

A. 62%, negatively impacts the economy

B. 65%, no impact

C. 59%, positively impacts productivity and economic development

D. 55%, minimal impact

7 / 10

7. What is the role of the State Bank of Pakistan in maintaining monetary stability?

A. No role

B. Implements monetary policy to control inflation and stabilize the currency

C. Focuses on increasing inflation

D. Only prints money

8 / 10

8. How does political instability affect Pakistan's economic growth?

A. Enhances investor confidence

B. Accelerates economic growth

C. Hinders growth by creating uncertainty for investors and businesses

D. No impact

9 / 10

9. What is the role of the China-Pakistan Economic Corridor (CPEC) in Pakistan's development?

A. Minimal impact

B. Key infrastructure project enhancing connectivity and promoting economic development

C. No role

D. Hindrance to development

10 / 10

10. What steps is Pakistan taking to enhance digitalization and technological innovation?

A. Restricting technological progress

B. No specific measures

C. Ignoring technological advancements

D. Promoting digital initiatives and investing in the tech sector

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PAK ECO TEST - 2

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