NTS/NTS CURRENT AFFAIRS ECONOMIC MCQ SET 1 Sample Test,Sample questions

Question:
According to Federal Government, Pakistan suffered loss of Rs. _____ billion in countrys GDP for the financial year 2020 because of Coronavirus.

1.1,300

2.2,300

3.3,300

4.4,300


Question:
According to Pakistan-Qatar LNG deal, Pakistan will import the LNG at the rate of ____% of Brent.

1.9.2

2.10.2

3.11.2

4.12.2


Question:
An investment is said to be risky because

1.it is dangerous

2.it has low returns

3.its returns are uncertain

4.its raw material is unavailable


Question:
As of Year 2020, the literacy rate in Pakistan is about

1.56%

2.58%

3.60%

4.62%


Question:
Current inflation rate in Pakistan:

1.8%

2.9.30%

3.10.90%

4.11.50%


Question:
Electricity and gas sub-sectors are counted under the _____ sector.

1.agriculture

2.industrial

3.services

4.none of these


Question:
Fixed exchange rate is also known as:

1.Pegged exchange rate

2.Obvious exchange rate

3.Country exchange rate

4.None of these


Question:
IMF has given Pakistan a relief in debt payments for _____ months due to Coronavirus.

1.6

2.12

3.18

4.24


Question:
In July 2019, Pakistan entered a _____ month loan agreement with IMF.

1.30

2.33

3.36

4.39


Question:
In Pakistan, the interest rate at which one bank borrows from another bank is known as

1.Policy rate

2.Repo rate

3.LIBOR

4.KIBOR


Question:
Largest sector of Pakistans economy is:

1.Industries

2.Agriculture

3.Manufacturing

4.None of these


Question:
Main export partner of Pakistan is:

1.China

2.America

3.Germany

4.United Arab Emirates


Question:
Main Import partner of Pakistan is:

1.China

2.United Arab Emirates

3.America

4.Singapore


Question:
Number of stock exchanges in Pakistan?

1.One

2.Two

3.Three

4.Four


Question:
Pakistan GDP rank 2021(nominal) in the world is:

1.30th

2.35th

3.42nd

4.47th


Question:
Pakistan is considered as a ____ country.

1.developed

2.developing

3.least developed

4.none of these


Question:
Pakistan on 26 February 2021 has entered a 10-year deal to import LNG from

1.Qatar

2.Iran

3.Russia

4.Saudi Arabia


Question:
Pakistan produces about ____ Bcfd of natural gas.

1.4

2.5

3.6

4.7


Question:
Pakistans biggest export product in 2020.

1.Rice

2.Linens

3.Yarn

4.None of these


Question:
Pakistans GDP growth rate for the financial year 2021 is

1.2.94%

2.3.94%

3.4.94%

4.5.94%


Question:
Pakistans GDP per capita (nominal, 2021) rank is:

1.147

2.151

3.153

4.155


Question:
Pakistans largest export partner is

1.China

2.France

3.United Kingdom

4.United States


Question:
Pakistans largest import item is

1.Arms

2.Machinery

3.Petroleum

4.Raw material


Question:
Pakistans largest import partner is

1.China

2.France

3.United Kingdom

4.United States


Question:
Pakistans major export to US in 2020 was:

1.Cotton

2.Plastic

3.Leather

4.medical apparatus


Question:
Policy rate in Pakistan is determined by

1.Finance Ministry

2.State Bank

3.National Bank

4.SECP


Question:
Public Expenditure on Education in the financial year 2020 is about _____% of the GDP.

1.2.3

2.2.7

3.3.1

4.3.5


Question:
Qualitative methods of monetary policy do not include:

1.Direct actions

2.Bank rate policy

3.Publicity

4.Moral persuasion


Question:
Stock Exchange of Pakistan (PSX) is regulated by

1.Finance Ministry

2.State Bank

3.National Bank

4.SECP


Question:
The agriculture provides employment of about ________ of the countrys total labour force.

1.35.50%

2.38.50%

3.41.50%

4.44.50%


Question:
The apex regulator of capital market in Pakistan is

1.federal board of revenue

2.Pakistan stock exchange

3.state bank of Pakistan

4.security and exchange commission of Pakistan


Question:
The current policy rate in Pakistan is

1.7%

2.8%

3.9%

4.10%


Question:
The current total GDP of Pakistan is

1.$ 267 billion

2.$ 287 billion

3.$ 307 billion

4.$ 327 billion


Question:
The growth rate in the agriculture sector during the financial year 2020 is

1.?2.67 %

2.0.67 %

3.2.67%

4.4.67%


Question:
The growth rate in the industry sector during the financial year 2020 is

1.2.64 %

2.0.64%

3.2.64%

4.4.64 %


Question:
The growth rate in the services sector during the financial year 2020 is

1.0.59 %

2.2.59%

3.4.59 %

4.6.59%


Question:
The major cash crops of Pakistan are:

1.Rice, Vegetable, Sugar cane

2.Wheat, Fruit, Cotton

3.Sugar cane, Tobacco, Cotton

4.None of these


Question:
The share of livestock sub-sector in the agriculture sector is about

1.20.54%

2.40.54%

3.60.54%

4.80.54%


Question:
The total current population of Pakistan is about

1.202 million

2.212 million

3.222 million

4.232 million


Question:
Total cultivated area of Pakistan is :

1.18.1 million hectares

2.22.1 million hectares

3.24.1 million hectares

4.26.1 million hectares


Question:
Transport, storage, and communication sub-sectors are counted under the _____ sector.

1.agriculture

2.industrial

3.services

4.none of these


Question:
We say about a particular investment that it is risky, because

1.it is dangerous

2.it has low returns

3.its returns are uncertain

4.its raw material is unavailable


Question:
What is the global price benchmark for oil prices?

1.WTI Crude

2.Brent Crude

3.Mars US

4.OPEC Basket


Question:
Which are the Factors of Production Important to Economic Growth?

1.Land

2.Capital

3.Labour

4.All of these


Question:
Which from the following is NOT a Kharif crop?

1.Rice

2.Wheat

3.Sugarcane

4.Cotton


Question:
Which from the following is NOT a Rabi crop?

1.Sugarcane

2.Wheat

3.Gram

4.Tobacco


Question:
Which from the following is NOT an example of intangible assets?

1.Trademarks

2.Patents

3.Buildings

4.Technical expertise


Question:
Which one is the largest source of federal revenue?

1.Sales Tax

2.Excise Duty Tax

3.Income Tax

4.None of these


Question:
which sector is considered as the backbone of Pakistans economy:

1.Industrial sector

2.Agriculture sector

3.Education sector

4.Services sector


Question:
_______ is not a tool, of fiscal policy ?

1.Government expenditure

2.taxation

3.transfer payments

4.Bank Rate


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  5. NTS COMPUTER MCQ SET 3
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  7. NTS MATHEMATICS MCQ SET 1
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  9. NTS GENERAL KNOWLEDEGE MCQ SET 1
  10. NTS GENERAL KNOWLEDEGE MCQ SET 2
  11. NTS GENERAL KNOWLEDGE MCQ SET 3
  12. NTS CURRENT AFFAIRS MCQ SET 1
  13. NTS CURRENT AFFAIRS MCQ SET2
  14. NTS GENERAL KNOWLEDGE MCQ SET 4
  15. NTS PAKISTAN CURRENT AFFAIRS MCQ SET 1
  16. NTS PAKISTAN CURRENT AFFAIRS MCQ SET 2
  17. NTS PAKISTAN CURRENT AFFAIRS MCQ SET 3
  18. NTS PKISTAN CURRENT AFFAIRS MCQ SET 4
  19. NTS PAKISTAN CURRENT AFFAIRS MCQ SET 5
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  27. NTS CURRENT AFFAIRS ACCOUNTING MCQ SET 1
  28. NTS CURRENT AFFAIRS EDUCATION MCQ SET 2
  29. NTS CURRENT AFFAIRS EDUCATION MCQ SET 3
  30. NTS CURRENT AFFAIRS ACCOUNTING SET 2
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  32. NTS CURRENT AFFAIRS ECONOMIC MCQ SET 2
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