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Eco610 Mcqs Midterm
Eco610 Mcqs Midterm
1. According to the statement in the Industrial Policy of 1948, what was the most striking
Answer: c. Marked contrast between its vast natural resources and its extreme industrial
backwardness
Answer: b. To meet the requirements of the home market for consumer goods
3. Which factor contributed to the growth of the industrial sector due to cheaper import of
machinery?
c. Tariffs on imports
b. Import quotas
c. Tariffs on imports
d. Subsidies on exports
Answer: c. Tariffs on imports
Answer: c. Industrial
7. What was the average annual growth rate of the large-scale manufacturing sector during
Answer: b. 13.3%
a. Nationalization of industries
b. Increase in trade barriers
9. What was one of the key factors driving economic growth during the post-1999 era?
10. What was a criticism of the economic policies implemented during the 2000s?
b. Overreliance on agriculture
economy had a marked contrast between its vast natural resources and its extreme
c) Encouraging industrialization
d) Enhancing infrastructure
12. The process of industrialization in Pakistan during 1947-1958 was influenced by two key
sector?
14. Which trade policy measure was implemented to favor industrialization in Pakistan
15. The growth rate of the industrial sector in Pakistan between 1949 and 1958 was:
16. During the 1958-1968 period, what changes were made in Pakistan's trade policy?
17. What was the effect of the trade policy changes in the 1958-1968 period on industrial
exports
18. The "Exports Bonus Scheme" (EBS) implemented during the 1958-1968 period aimed to:
a) Promote imports of raw materials
19. What was the average annual growth rate in the large-scale manufacturing sector during
Answer: b) 13.3%
20. What was the percentage increase in the share of exports in total consumer goods output
Answer: c) 45%
21. Which industries were nationalized during the first phase in Pakistan?
Answer: c) 1974
25. What was the main cause of the loss of East Pakistan?
a) Political instability
b) Economic recession
a) Bhutto's era
27. What was the average annual growth rate of manufacturing GDP during Zia's era?
Answer: a) 9.6%
28. What were some actions taken during Zia's era to promote industrialization?
29. What was the GDP growth rate during the period of accelerated economic growth in
Pakistan?
a) 4% b) 6% c) 9% d) 12%
Answer: b) 6%
30. What were some criticisms of the economic policies during the accelerated growth
period?
31. What percentage of Pakistan's GDP does the agriculture sector contribute?
Answer: b) 20%
32. What percentage of the labor force in Pakistan is employed in the agriculture sector?
33. Which of the following is not a reason for the unsatisfactory performance of the
d) No significant impact
35. Who owned all the land under the Mughal rule in pre-colonial India?
36. What was the role of Mansabdars or Jagirdars in the Mughal empire?
a) Collecting revenues from peasants
37. Who were the local lords responsible for collecting revenues on behalf of the King?
d) Khalisa Lands
Answer: b) Zamindars
Aurangzeb in 1707?
41. During which century did colonial expansion begin in South Asia?
d) 20th century
Answer: b) 18th century
42. What were the three institutional changes brought by British rule in the agriculture sector
of Pakistan?
c) Property rights given to revenue collectors, establishment of the ryotwari system, and
43. In which year was the ryotwari system established for land in Sindh?
Answer: b) 1843
44. What was the main result of the British colonial rule in the agriculture sector of Pakistan?
45. What was the main objective of the Green Revolution in Pakistan?
a) To introduce high yield varieties of seeds
46. Which component was a crucial part of the technology package in the Green Revolution?
d) Water
Answer: d) Water
47. What were some of the issues that arose as a result of the Green Revolution in Pakistan?
Answer: b) 1959
49. What was the main feature of the 1959 Land Reforms in Pakistan?
a) Introduction of a ceiling on landholdings
Answer: c) All resumed land was auctioned to rich farmers and officials
51. What were the three institutional changes brought by British rule in the agriculture sector
of Pakistan?
52. Which system was established in Sindh after it was taken over by the British Empire in
1843?
53. What was the major impact of British colonialism on the agriculture sector in Pakistan?
54. What was the main objective of the Green Revolution in Pakistan?
a) Redistribution of land
c) Mechanization of agriculture
b) Punjab
c) Sindh
d) Balochistan
Answer: b) Punjab
58. What was the compensation given to landlords for their resumed land under the 1959
Land Reforms?
59. What was the outcome of the 1959 Land Reforms in terms of land sales to landless
tenants?
60. Which land reform policy in Pakistan had the objective of achieving permanent
a) 18th century
b) 19th century
c) 20th century
d) 17th century
Answer: a) 18th century
62. What were the three institutional changes brought by British rule in the agriculture
sector?
63. When was the institution of private property introduced in South Asia?
64. Which legal system was established with reference to the ownership of property?
65. What happened to the power of the landlord over the peasant as a result of British rule?
a) It increased
66. In which year were property rights given to revenue collectors in Bengal?
Answer: a) 1793
67. Which system was established for land in Sindh after it was taken over by the British
Empire in 1843?
68. What were the rights given to occupants under the ryotwari system?
b) Temporary rights
c) Non-transferable rights
d) Restricted rights
69. What form of agriculture emerged as a result of British colonialism in South Asia?
70. Which important event in Pakistan's agricultural history occurred in the mid-1960s?
Answer: b) 1972
72. What was the main objective of the 1972 land reforms in Pakistan?
73. How much land was resumed in Punjab during the 1972 land reforms?
Answer: a) 42%
74. What was the compensation paid to landowners under the 1977 land reforms in Pakistan?
75. Which land size was exempted from agricultural income tax under the 1977 land
reforms?
76. What were some critical issues identified in the implementation of land reforms in
Pakistan?
79. What percentage of land was resumed in Punjab during the 1972 land reforms?
Answer: a) 42%
80. Which land reform policy in 1977 introduced a ceiling on land ownership in Pakistan?
81. What was the compensation paid under the 1977 Land Reform policy in Pakistan?
Reform policy?
c) Both a and b
Answer: c) Both a and b (Irrigated land of 25 acres or less and unirrigated land of 50 acres or
less)
c) Both a and b.
Answer: c) Both a and b (They were considered un-Islamic and violated the right to own
84. What was the main reason land reforms did not yield expected results in Pakistan?
d) Both b and c
Answer: d) Both b and c (Resistance from large landowners and insufficient funds for
implementation).
85. Which of the following is not a critical issue in the agriculture sector of Pakistan?
c) Mechanization d) Industrialization
Answer: d) Industrialization
b) Pending dues of 1959 land reforms were paid off for tenants.
Answer: b) Pending dues of 1959 land reforms were paid off for tenants.
87. What percentage of land was resumed in Punjab under the 1972 Land Reform?
Answer: a) 42%
88. How much land was resumed under the 1972 Land Reform compared to the 1959 figure?
a) More than the 1959 figure b) Far less than the 1959 figure
c) Equal to the 1959 figure d) The exact same as the 1959 figure
89. What was the maximum ceiling of irrigated land under the 1977 Land Reform?
d) 25 acres
90. What was the purpose of the Agricultural Income Tax under the 1977 Land Reform?
92. Which critical issue is related to the determination of what and how much to produce in
agriculture?
b) Agricultural Credit
c) Mechanization
94. Which factor is a key behind the success of the green revolution in agriculture?
96. Which decade after Pakistan's independence focused on management and planning?
97. Which decade saw high growth rates in all sectors, including agriculture, GDP, and
manufacturing?
a) Laying foundations (1947-58)
98. Which era was characterized by deindustrialization, privatization, and the partition of
East Pakistan?
100. Which era saw the introduction of the parliamentary system and two-party
democracy?
101. Who became the seventh nuclear power country under the leadership of Nawaz
Sharif?
103. Which economic indicator showed failure during the years 2000-2003?
104. Which era saw an increase in Pakistan's external debts from $38.86 billion to $56
billion?
105. Who took oath as the 17th Prime Minister of Pakistan in 2012?
a) Asif Ali Zardari b) Yousaf Raza Gillani
d) 1977-1988
Answer: a) 1947-1958
107. Which decade in Pakistan witnessed high growth rates in all sectors?
a) 1947-1958 b) 1958-1968
c) 1971-1977 d) 1977-1988
Answer: b) 1958-1968
a) 1947-1958 b) 1958-1968
c) 1971-1977 d) 1977-1988
Answer: c) 1971-1977
109. Who was the leader during the Second Military Government era in Pakistan?
a) Ayub Khan b) Zulfiqar Ali Bhutto
110. Which period in Pakistan witnessed the introduction of strict Islamic law?
111. Who were the leaders during the Third Democratic Era in Pakistan? a) Ayub
Khan and Zulfiqar Ali Bhutto b) Zia Ul Haq and Benazir Bhutto c) Nawaz Sharif and
Pervez Musharraf d) Benazir Bhutto and Nawaz Sharif Answer: d) Benazir Bhutto and
Nawaz Sharif
line in Pakistan?
114. Who was the President of Pakistan during the Fourth Democratic Era?
116. During the period of 1947-58, which sector played a significant role in the
economy of Pakistan?
117. Which decade witnessed high growth rates in all sectors, including agriculture,
a) 1947-1958 b) 1958-1968
c) 1971-1977 d) 1977-1988
Answer: b) 1958-1968
inflation?
a) 1947-1958 b) 1958-1968
c) 1971-1977 d) 1977-1988
Answer: c) 1971-1977
119. Which military ruler introduced strict Islamic law in Pakistan in 1978?
a) Ayub Khan b) Zulfiqar Ali Bhutto
120. Which era in Pakistan saw the introduction of the parliamentary system and two-
party democracy?
a) 1977-1988 b) 1988-1999
c) 1999-2007 d) 2008-present
Answer: b) 1988-1999
121. Who became the seventh nuclear power country during their leadership in
Pakistan?
122. Which military ruler imposed martial law in Pakistan on October 12, 1999?
123. What was the literacy rate for adults during the economic failure period of 2000-
2003?
Answer: a) 57%
124. Who was elected as the President of Pakistan in the parliamentary elections of
2008?
125. What was the external debt of Pakistan in June 2010 during the fourth democratic
era?
d) $45 billion