Economics MCQ’s 1. (a) (b) (c) (d) China has captured all international markets because it has been giving attention to: Develop agriculture and Industrial Sector Take Loans from abroad Produce more Arms Develop the banking sector 2. (a) (b) (c) (d) Pakistan, since independence, has been changing and taking steps for the progress of: Agriculture Sector Defense Sector Increasing foreign debts Decreasing Growth 3. (a) (b) (c) (d) Which of the following step is very useful to develop the agriculture country: Forests Irrigation system Transport and Communication Land rent system 4. (a) (b) (c) (d) Moderate climate,rainfall,flow of rivers and fertility of soil depends upon the abundance of: Irrigation System Forests Transport and Communication Land rent system 5. (a) (b) (c) (d) Which of the following easily controls floods and cyclones in any country: Irrigation system Land rent system Transport and Communication Forests 6. (a) (b) (c) (d) In July 2005 in Pakistan, most of the rainfall water has wasted due to the lack of: Canals Dams Forests Transports 7. (a) (b) (c) (d) To solve the hindrances of agriculture irrigation the government has introduced which of the following: Canals Dams Forests Transport 8. (a) (b) (c) (d) Which of the following services the Agriculture Extension Services (A.E.C) provides to the agriculture: Proving Loans Providing better seeds Providing communication Providing Transports 9. Pakistan being an agricultural country can only make progress when its agriculture has made progress. In this regard The Land Reforms has been established in 1958/59 and 1972.Land Reforms means: (a) To make worse than before (b) To make better than before (c) To reduce the rights of farmers (d) To enhance the rights of Land Lords 10. The land tenure system is one of the major causes of backwardness of a agriculture progress in Pakistan. Which of the following is the perfect contrast of Land Tenure System? (a) Land Rights System (b) Land inheritance rights system (c) Land Ownership system (d) Private Landlordism System 11. In which of the following land tenure system the all rights are given to land lords: (a) Private Landlordism (b) State Landlordism (c) Rayyatwari system (d) Inheritance Landlordism 12. Under which of the following system the government owns proprietary rights and the cultivators are given more rights: (a) Private Landlordism (b) State Landlordism (c) Rayyatwari system (d) Inheritance Landlordism 13. On account of the establishment of Pakistan Industrial Development Corporation we do not depend on: (a) Local Trade (b) Foreign Trade (c) Deficit Trade (d) Surplus Trade 14. The economic development in our country mainly depends on the development of agriculture and industry, both Although the major population of Pakistan earns its living from: (a) Industrial Sector (b) Agriculture Sector (c) Banking Sector (d) Tertiary Sector 15. Which of the following benefits can be achieved through industrial development in our Country: (a) Encourage Export Lessens Imports (b) Encourage Imports Lessens Export (c) Discourage Local Investors (d) Discourage Consumers 16. Pakistan has taken many steps to boost up the economy. In this regard it has produced to Promote: (a) Agriculture & Industry (b) Defence Arms (c) Labour Mobility (d) Inflation 17. To promote the agriculture and industrial sectors the government of Pakistan has established many measures. In this regard it has also established. (a) High Taxes (b) High Tariffs (c) Concession in taxes (d) High Quotas 18. Which of the following is the world famous industry in Pakistan: (a) Woolen Textile Industry (b) Paper Industry (c) Cement Industry (d) Sports Goods Industry 19. The economic significance of communication is well established from the fact that they Enhance: (a) Economic Activities (b) Politicians Activities (c) International Business Activities (d) Army Activities 20. An expansion of the system in one or more dimensions without a change in its structure is known as: (a) Economic Development (b) Economic Growth (c) Economic measures (d) Economic Indicators 21. An expansion of the system in one or more dimensions with a change in its structure is known as: (a) Economic Development (b) Economic Growth (c) Economic measures (d) Economic Indicators 22. The Economic Indicators are the signals where the country is actually: (a) Standing (b) Turning (c)Working (d) Going 23. The Economy of Japan is well stable and has been on growth since many decades. So the Japanese People has been enjoying by: (a) Necessity goods (b) Luxurious goods (c) Comforts goods (d) Inferior goods 24. Since the independent, Pakistan has been facing the economic instability. On account of that it could not achieve its many economic goals and left behind from its neighbor countries Pakistan is still on: (a) Growth (b) Development (c) Less Development (d) High Growth 25. Growth rate of the real national income and per capita income remains higher than the growth rate of population is the indicator of: (a) Economic Growth (b) Economic Development (c) Economic Measures (d) Economic Activities 26. The percentage share of primary sector in the national output declines and the share of secondary and tertiary (SERVICES AND COMMERCE) sectors gradually rise due to which national output under goes a change this indication is relate to: (a) Growth Indicator (b) Development Indicator (c) Balanced Indicator (d) Depression Indicator