Fiscal Policy of Pakistan MCQs Questions FPSC NTS PPSC Test

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Fiscal Policy of Pakistan MCQs Questions with Answers. Fiscal Policy of Pakistan Multiple Choice Questions (MCQs) Test with Answers. FPSC, NTS, PPSC, SPSC, KPPSC Test Preparation Material. FBR Inspector Inland Revenue Test MCQs Questions with Answers.

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Fiscal Policy of Pakistan MCQs

Q. The current fiscal deficit is about _______ of the GDP.
(A) 8%
(B) 12%
(C) 16%
(D) 20%

The answer is: (A) 8% ☑

Q. Due to Covid-19, Pakistan announced an Economic Stimulus Package of
(A) Rs 200 billion
(B) Rs 640 billion
(C) Rs 1240 billion
(D) Rs 1840 billion

The answer is: (C) Rs 1240 billion ☑

Q. Pakistan’s largest export industry is
(A) Arms
(B) Food
(C) Marble
(D) Textile

The answer is: (D) Textile ☑

Q. Government of Pakistan’s fiscal policy denotes the use of government’s
(A) taxes and expenditure
(B) consumption and investment
(C) taxes and revenue
(D) consumption and expenditure

The answer is: (A) taxes and expenditure ☑

Q. Pakistani nation like many other developing countries has
(A) low marginal propensity to consume
(B) high marginal propensity to consume
(C) high marginal propensity to invest
(D) high employment

The answer is: (B) high marginal propensity to consume ☑

3. Tax collection and expenditures are included in the government’s _____ policy.
(A) administrative
(B) revenue
(C) monetary
(D) fiscal

The answer is: (D) fiscal ☑

Fiscal Policy of Pakistan MCQs