HEC LAT 2026 Economy Free Quiz 5

1. Which body collects taxes?

A. FBR B. FBR C. State Bank D. Planning Commission

2. What causes a trade deficit?

A. Imports exceed exports B. Imports exceed exports C. Exports exceed imports D. Balanced

3. What is agriculture's share of GDP?

A. 24% B. 24% C. 24% D. 30%

4. What are Pakistan's energy sources?

A. Natural gas and oil B. Hydropower C. Natural gas and hydropower D. Natural gas, oil, hydropower

5. What is Pakistan's currency code?

A. PKR B. PKR C. PKS D. PKA

6. What does the State Bank regulate?

A. Monetary policy B. Monetary policy C. Fiscal policy D. Trade policy

7. What are the main natural resources?

A. Natural gas, coal, copper B. Natural gas, coal, copper C. Natural gas, coal, copper D. Natural gas, oil, gold

8. What drives Pakistan's import bill?

A. Crude oil only B. Machinery only C. Chemicals only D. Crude oil, machinery, chemicals

9. Which sector contributes most to GDP?

A. Agriculture B. Services C. Industry D. Manufacturing

10. What impacts Pakistan's economic growth?

A. Political instability B. Political instability C. Natural disasters D. Population growth