Question # 1

Contribution of Industrial sector in Pakistan economy is.

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24%

14%

Less than 10%

The largest sector of Pakistan economy

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Transport

Agriculture

Industry

Trade

Economic Development

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Is the same as economic growth

Means improvement in lifestyle

Exists when there is equal distributio of income

All of the above

Contribution of agriculture in Pakistan's national income is

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19%

29%

39%

49%

There are obstacles to rapid economic development of Pakistan

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Social

Political

Cultural

All of the above

Measurement of economic development is based on.

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Monetary income

Real Income

Future income

Permenent Income

Our exportw mainly counsist of.

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Cotton Product

Machinery

Sports goods

a and c above

All labour is

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Homogeneious

Heterogenecous

Lazy

Intelligent

When the country development

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Per capita incoe rises

Specialization increases

Urbanization rises

All of the above

Economic planning in Pakistan started

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During 1950s

During 1960s

During 1970s

During 1980s

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Icom Part 2 Principles of Economics Chapter 11 English Medium Online Test MCQs With Answers

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