The Economic Cooperation Organization (ECO), of which Pakistan is a founding member, was established in 1985 by Pakistan, Iran and which other country?
Correct answer B. Turkey
Topic / 83 questions
Pakistan Economy MCQs
Pakistan Economy MCQs are multiple-choice questions on Pakistan's economic institutions, industry, energy, transport and trade, including the China-Pakistan Economic Corridor. Every question on MCQs360 shows the correct answer instantly, so you can check facts on projects, places and institutions as you revise.
- Pakistan History 221
- Pakistan Movement 219
- Constitution of Pakistan 200
- Pakistan Geography 116
- Pakistan Economy 83
- Pakistan Politics 62
- Mountains and Glaciers 49
- Famous Places in Pakistan 37
- Defence & Armed Forces 37
- IMP Days of Pakistan 36
- Punjab 35
- Balochistan 34
- Sindh 33
- Khyber Pakhtoon Khawah 31
- Gilgit Baltistan 31
- ICT AND AJK 26
Gadani on the Balochistan coast is known for which industry?
Correct answer A. Ship-breaking
With the help of which country was Pakistan Steel Mills at Karachi built?
Correct answer D. Soviet Union
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The Heavy Mechanical Complex at Taxila was established with the assistance of which country?
Correct answer C. China
Attock Refinery, the oldest oil refinery in Pakistan, is located in which city?
Correct answer D. Rawalpindi
On what date was the State Bank of Pakistan inaugurated?
Correct answer A. 1 July 1948
Who was the first Governor of the State Bank of Pakistan?
Correct answer C. Zahid Husain
The State Bank of Pakistan has its head office in which city?
Correct answer B. Karachi
Before July 2007, the Federal Board of Revenue was known by which name?
Correct answer C. Central Board of Revenue
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The Securities and Exchange Commission of Pakistan (SECP) became operational on 1 January of which year?
Correct answer B. 1999
Pakistan’s First Five-Year Plan covered which period?
Correct answer A. 1955-60
Which Five-Year Plan, under Ayub Khan’s government, is generally regarded as Pakistan’s most successful?
Correct answer A. Second Plan (1960-65)
The Fourth Five-Year Plan (1970-75) was abandoned mainly because of which event?
Correct answer A. The separation of East Pakistan in 1971
The China-Pakistan Economic Corridor (CPEC) is part of which wider Chinese initiative?
Correct answer A. Belt and Road Initiative
Which Pakistani port is the southern anchor of CPEC?
Correct answer B. Gwadar
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CPEC links Gwadar with which city in China’s Xinjiang region?
Correct answer D. Kashgar
ML-1, a major railway upgrade planned under CPEC, mainly runs between which cities?
Correct answer A. Karachi and Peshawar
The Pakistan Stock Exchange was formed in January 2016 by merging which exchanges?
Correct answer D. Karachi, Lahore and Islamabad stock exchanges
Koh-i-Sultan in Chagai district is known for deposits of which mineral?
Correct answer D. Sulphur
Swat valley is famous for which gemstone?
Correct answer C. Emerald
About Pakistan Economy MCQs
Questions cover the energy sector, including dams, wind corridors, oil refineries, coal and gas fields and nuclear power plants, and industry, such as steel, cement, textiles and mobile phone manufacturing. Mining projects such as Saindak and Reko Diq in Balochistan also feature, along with the main crops and agricultural products. Questions also ask which public sector companies run these assets, where they are based and when they were set up.
Other questions deal with transport and trade: CPEC and the port of Gwadar, motorways, Pakistan Railways routes, airports and seaports. Financial questions cover the State Bank of Pakistan, the Pakistan Stock Exchange, the fiscal year, foreign assistance and Pakistan's relations with international lenders such as the IMF. Because economic figures change every year, questions on growth, inflation or reserves usually name the fiscal year they refer to.
Key facts to remember
- The State Bank of Pakistan was inaugurated on 1 July 1948.
- Pakistan's fiscal year runs from 1 July to 30 June.
- Gwadar Port in Balochistan is the southern anchor of the China-Pakistan Economic Corridor.
- Attock Refinery at Morgah, Rawalpindi, is Pakistan's oldest oil refinery.
- The Jhimpir-Gharo wind corridor, home to many of Pakistan's wind farms, is in Sindh.
- The Pakistan Stock Exchange was formed in 2016 by merging the Karachi, Lahore and Islamabad stock exchanges.
Exams that include Pakistan Economy MCQs
Pakistan
- CSS
- PMS
- PPSC
- FPSC
- SPSC
- KPPSC
- NTS
How to prepare for Pakistan Economy MCQs
- Group projects by province, such as mines in Balochistan and wind farms in Sindh, to answer location questions quickly.
- Learn the founding years of key economic institutions such as the State Bank and the Pakistan Stock Exchange.
- Use the latest Pakistan Economic Survey for current figures, as growth, inflation and trade numbers change every year.
- Pair each CPEC project with its location and type, such as port, road, power or industrial zone.
Frequently asked questions
What is CPEC?
The China-Pakistan Economic Corridor is a set of infrastructure, energy and industrial projects linking Gwadar Port in Balochistan with Kashgar in western China. It is part of China's Belt and Road Initiative and includes roads, power plants and special economic zones.
Which exams ask Pakistan Economy MCQs?
Economy questions appear in the CSS Pakistan Affairs and Economics papers, in PMS exams and in PPSC, FPSC, SPSC, KPPSC and NTS tests. Banking, finance and statistics posts, such as State Bank and National Bank tests, also ask them often.
Last reviewed October 2026