ECO610 Final Term MCQs 2026 by Ali Khan

Q1. Export Bonus Scheme (1959) provided exchange rates to exporters of manufactured goods which was;

1. No exchange rate
2. Floating multiple exchange rate
3. Pegged Exchange rate
4. Fixed Exchange rate

Correct answer: Floating multiple exchange rate

Q2. National Credit Consultative Council (NCCC) was established in 1972 in country, under the reforms of;

1. Agriculture sector
2. Banking sector
3. Information Technology Sector
4. Industrial Sector

Correct answer: Banking sector

Q3. Pakistani residents were allowed to open foreign currency deposit (FCD) accounts in;

1. 1971
2. 1991
3. 1961
4. 1981

Correct answer: 1991

Q4. In February 1973, Pakistani Rupee was revalued by 10% due to devaluation of;

1. US dollar
2. Indian Rupee
3. Pound Sterling
4. Euro

Correct answer: Pound Sterling

Q5. Generally, If the real rate of return on financial assets increases in the country, this will increase;

1. Income
2. Taxes
3. consumption
4. Savings

Correct answer: Savings

Q6. Pakistan’s dependence on India for exports and imports reduced after;

1. 2 Years
2. 20 Years
3. 10 Years
4. 5 Years

Correct answer: 10 Years

Q7. Prior to financial sector reforms of 1991, Government’s Debt Management Program was criticized being Poorly managed and;

1. Highly efficient
2. Highly organized
3. Highly unorganized
4. None of the given options

Correct answer: Highly unorganized

Q8. Which of the following organization brings a change in the international trade environment?

1. World Health Organization (WHO)
2. World Tourism Organization (WTO)
3. World Trade Organization (WTO)
4. World Food Organization (WFO)

Correct answer: World Trade Organization (WTO)

Q9. The actual role of financial sector is keep low cost of borrowing for financial resources, while encouraging;

1. Savings
2. Imports
3. Consumption
4. Exports

Correct answer: Savings

Q10. The international oil prices rose to $103.01 per barrel in 2008 resulted into inflation and;

1. Global revival
2. Global Recession
3. Global Depression
4. Global Boom

Correct answer: Global Recession

Q1. During 1960’s, the emphasis of the government was promotion of exports of the following;

1. Hides
2. Fruits
3. Manufactured items
4. Vegetables

Correct answer: Manufactured items

Q2. The international oil prices rose to $103.01 per barrel in 2008 resulted into inflation and;

1. Global Boom
2. Global Recession
3. Global Depression
4. Global revival

Correct answer: Global Recession

Q3. The prices of agricultural products at which government buys wheat, cotton, and sugar, are said to be as;

1. Local Prices
2. International Prices
3. Market prices
4. Procurement prices

Correct answer: Procurement prices

Q4. If we observe the inflation trends in Pakistan over the time period, inflation remains;

1. High
2. Volatile
3. Low
4. Stagnant

Correct answer: Volatile

Q5. The percentage of non-working population (e.g. children and older 65+), dividing by working-age population percentage, multiplying that percentage by 100 is;

1. Savings ratio
2. Labor ratio
3. Dependency ratio
4. Literacy ratio

Correct answer: Dependency ratio

Q6. Which of the following organization brings a change in the international trade environment?

1. World Tourism Organization (WTO)
2. World Health Organization (WHO)
3. World Food Organization (WFO)
4. World Trade Organization (WTO)

Correct answer: World Trade Organization (WTO)