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1140+ Economics (GK) Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: General Knowledge (GK) , Union Public Service Commission (UPSC) .

751.

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:

A. 2 billion
B. 3 billion
C. 3.5 billion
D. 4 billion
Answer» B. 3 billion
752.

Pinpoint the source, through which budgetary gap is financed in Pakistan?

A. External borrowing
B. Domestic non-Bank borrowing
C. Borrowing from to banking system
D. All the above sources
Answer» D. All the above sources
753.

If a country wants to achieve rapid rate of economic development, it must save at least:

A. 25% Gross National Products each year
B. 30% Gross National Products each year
C. 35% Gross National Products each year
D. 40% Gross National Products each year
Answer» A. 25% Gross National Products each year
754.

Identify the main reason of 'deficit financing' in Pakistan-

A. Low savings
B. Rapid growth of Population
C. Inadequate banking facilities
D. All the above one
Answer» D. All the above one
755.

Pakistan's domestic saving rate of GNP is:

A. 7%
B. 9%
C. 11%
D. 14%
Answer» C. 11%
756.

Which is the single largest component of GDP of Pakistan?

A. Industry
B. Agriculture
C. Foreign remittances
D. None of the above
Answer» B. Agriculture
757.

Which of the following sector is the main source of foreign exchange earnings in Pakistan?

A. Industry
B. Agriculture
C. Both the above
D. None of the above one
Answer» B. Agriculture
758.

Identify the duration of the First five year plan of Pakistan:

A. 1948 - 52
B. 1955 – 60
C. 1960 - 65
D. 1962 - 67
Answer» B. 1955 – 60
759.

What is the share of wheat crop in total cropped area of Pakistan?

A. 18.05%
B. 28.07%
C. 37.01%
D. 48.01%
Answer» C. 37.01%
760.

The total area of Pakistan is 80 million hectares, out of which area under forests is:

A. 3.5%
B. 4.8%
C. 7.3%
D. 9.3%
Answer» B. 4.8%
761.

OPEC's largest oil producing country is:

A. Kuwait
B. Iran
C. Saudi Arabia
D. U.A.E
Answer» C. Saudi Arabia
762.

The Aid to Pakistan Consortium now renamed as:

A. IMF
B. World Bank
C. Assistance to Pakistan Forum
D. Pakistan Development Forum
Answer» D. Pakistan Development Forum
763.

The ratio of males and females population of Pakistan is equal in:

A. Quetta
B. Peshawar
C. Lahore
D. Rawalpindi
Answer» D. Rawalpindi
764.

United Nations World Food Programme commenced its operation in Pakistan during:

A. 1963
B. 1965
C. 1968
D. 1972
Answer» C. 1968
765.

The country with highest ratio of urban population in South Asia is:

A. India
B. Sri Lanka
C. Pakistan
D. Nepal
Answer» C. Pakistan
766.

The Government of Pakistan has given certain incentives to farmers for growing black tea on experimental basis at:

A. Peshawar
B. Mardan
C. Mansehra
D. D.G. Khan
Answer» C. Mansehra
767.

In which of the following country, population growth rate is lowest?

A. Japan
B. India
C. Sri Lanka
D. Indonesia
Answer» A. Japan
768.

In which of the following country, the population growth rate is lowest?

A. Pakistan
B. China
C. Indonesia
D. Bangladesh
Answer» B. China
769.

The largest population density is in:

A. Pakistan
B. Bangladesh
C. India
D. Sri Lanka
Answer» B. Bangladesh
770.

The World's population has now reached on:

A. 6 billion
B. 8 billion
C. 9 billion
D. 10 billion
Answer» A. 6 billion
771.

The study of science of population is called :

A. Geography
B. Demography
C. Plutocracy
D. Sociology
Answer» B. Demography
772.

The 5th national census recorded the total population of Punjab with annual growth rate of :

A. 47.292 million -2.51%
B. 72.585 million -2.01%
C. 73.585 million -2.61%
D. 63.433 million -3.01%
Answer» B. 72.585 million -2.01%
773.

The population growth rate in the country is:

A. 2.01%
B. 2.61%
C. 3.01%
D. 3.61%
Answer» B. 2.61%
774.

Identify the total percentage of population in the country, having access to safe and clean water supply.

A. 40%
B. 52%
C. 59%
D. 68%
Answer» C. 59%
775.

The population density in Punjab per square kilometer is approximately : (persons)

A. 353
B. 480
C. 590
D. 882
Answer» A. 353
776.

Identify the member of G-8 organization, which will provide 300 million US dollars to Pakistan in 1999 for certain development projects?

A. America
B. United Kingdom
C. Germany
D. Japan
Answer» D. Japan
777.

In the total population of Pakistan, the percentage of income tax payers is only :

A. 1.05%
B. 1.75%
C. 2.01%
D. 3.4%
Answer» A. 1.05%
778.

What do you understand by the term "deflation"?

A. Excess circulation of money, causing dearness of goods
B. Increase in interest rates diverts money into savings and reduce circulation of money causing prices to fall.
C. Devaluation of local currency to the larger exte
Answer» B. Increase in interest rates diverts money into savings and reduce circulation of money causing prices to fall.
779.

The maximum number of persons populated in one square kilometer of area are in:

A. Punjab
B. Sindh
C. N.W.F.P.
D. Islamabad
Answer» D. Islamabad
780.

The minimum number of persons populated in one square kilometer of area are in:

A. Islamabad
B. FATA
C. Balochistan
D. N.W.F.P.
Answer» C. Balochistan
781.

In the total population of Pakistan, the share of Punjab province is approximately :

A. 50%
B. 55%
C. 60%
D. 62%
Answer» C. 60%
782.

In the total population of Pakistan, the share of Balochistan is approximately :

A. 3%
B. 5%
C. 7%
D. 9%
Answer» B. 5%
783.

Hydel power Stations of `WAPDA' are generating electricity approximately:

A. 3500 mw
B. 4250 mw
C. 4880 mw
D. 5200 mw
Answer» B. 4250 mw
784.

The total demand of power (electricity) in the country at present is approximately:

A. 7000 mw
B. 9000 mw
C. 12000 mw
D. 14000 mw
Answer» B. 9000 mw
785.

In which of the following districts, the government of Pakistan has given incentives package to farmers for growing black tea on experimental basis?

A. Rawalpindi
B. Mardan
C. Mansehra
D. Noshki
Answer» C. Mansehra
786.

UNESCO required one country must spend at least one percent of its GDP on Science and Technology but Pakistan is spending only:

A. 0.02%
B. 0.05%
C. 0.07%
D. 0.08%
Answer» A. 0.02%
787.

In which division of Punjab, the ratio of males and females is equal?

A. Bahawalpur
B. Faislabad
C. Lahore
D. Rawalpindi
Answer» D. Rawalpindi
788.

Which of the continents has the lowest population growth rate?

A. Asia
B. Australia
C. North America
D. Europe
Answer» D. Europe
789.

With the present population growth rate, Pakistan would become world’s 3rd most populated country by the year:

A. 2020
B. 2025
C. 2030
D. 2050
Answer» D. 2050
790.

In which Division of Punjab, the ratio of females in population is 10% more than males?

A. Multan
B. D.G. Khan
C. Gujranwala
D. Lahore
Answer» D. Lahore
791.

Which is the most urbanized division of Punjab?

A. Multan
B. Rawalpindi
C. Sargodah
D. Lahore
Answer» D. Lahore
792.

In the ten (10) most populated cities of Pakistan, Sialkot is on number :

A. Four
B. Six
C. Seven
D. Nine
Answer» D. Nine
793.

In the ten most populated cities of Pakistan, Rawalpindi is on number:

A. Three
B. Four
C. Five
D. Six
Answer» B. Four
794.

Which region of Punjab is free from water-logging Problem?

A. Gujranwala
B. Lahore
C. Rawalpindi
D. Multan
Answer» C. Rawalpindi
795.

What is the main reason of the flour crisis in the country?

A. Wheat sowing area has been replaced with sugar cane crop by the farmers.
B. A large portion of wheat Crop has been damaged by pests.
C. Smuggling of wheat flour to other country
D. None of the above
Answer» C. Smuggling of wheat flour to other country
796.

Identify the length of Islamabad-Peshawar section of Motorway:

A. 96 km
B. 133 km
C. 144 km
D. 154 km
Answer» D. 154 km
797.

Which Division of Punjab produces maximum wheat crop?

A. Bahawalpur Division
B. Faislabad Division
C. Lahore Division
D. Multan Division
Answer» D. Multan Division
798.

"Rawal" and "Hajveri" are the two varities of one of the following crops.

A. Rice
B. Cotton
C. Soyabean
D. Wheat
Answer» B. Cotton
799.

The share of Cotton crop in the total cropped area of Punjab is approximately.

A. 16.0%
B. 18.0%
C. 25.0%
D. 39.0%
Answer» A. 16.0%
800.

Which division of the Punjab Produces maximum Sugarcane crop?

A. Faisalabad
B. Bahawalpur
C. Gujranwala
D. Multan
Answer» A. Faisalabad

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