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प्रश्न
The introduction of Economic Reform in Pakistan took place in year ______.
विकल्प
1978
1980
1988
1991
उत्तर
The introduction of Economic Reform in Pakistan took place in year 1988.
Explanation:
Economic reforms in Pakistan were introduced in 1988 to address economic challenges and to implement structural adjustments, focusing on liberalisation, deregulation, and privatisation.
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संबंधित प्रश्न
Explain the Great Leap Forward campaign of China as initiated in 1958.
Describe the path of developmental initiatives taken by Pakistan for its economic development.
In which of the following indicators is Pakistan ahead of India and China?
Which of the following countries has introduced the one-child norm?
With which of the following concepts is the commune system associated?
What was the fertility rate in Pakistan in 2018?
Read the following text carefully and answer the following question:
| SINO-PAK FRIENDSHIP CORRIDOR |
|
The China-Pakistan Economic Corridor (CPEC) has deepened the decades-long strategic relationship between the two nations. But it has also sparked criticism for burdening Pakistan with mountains of debt and allowing China to use its debt-trap diplomacy to gain access to strategic assets of Pakistan. The foundations of CPEC, part of China’s Belt and Road Initiative, were laid in May 2013. At the time, Pakistan was reeling under weak economic growth. China committed to play an integral role in supporting Pakistan’s economy. Pakistan and China have a strategic relationship that goes back decades. Pakistan turned to China at a time when it needed a rapid increase in external financing to meet critical investments in hard infrastructure, particularly power plants and highways. CPEC’s early harvest projects met this need, leading to a dramatic increase in Pakistan’s power generation capacity, bringing an end to supply-side constraints that had made rolling blackouts a regular occurrence across the country. Pakistan leaned into CPEC, leveraging Chinese financing and technical assistance in an attempt to end power shortages that had paralyzed its country’s economy. Years later, China’s influence in Pakistan has increased at an unimaginable pace. China As Pakistan’s Largest Bilateral Creditor: China’s ability to exert influence on Pakistan’s economy has grown substantially in recent years, mainly due to the fact that Beijing is now Islamabad’s largest creditor. According to documents released by Pakistan’s finance ministry, Pakistan’s total public and publicly guaranteed external debt stood at $44.35 billion in June 2013, just 9.3 percent of which was owed to China. By April 2021, this external debt had ballooned to $90.12 billion, with Pakistan owing 27.4 percent –$24.7 billion – of its total external debt to China, according to the International Monetary Fund (IMF). Additionally, China provided financial and technical expertise to help Pakistan build its road infrastructure, expanding north-south connectivity to improve the efficiency of moving goods from Karachi all the way to Gilgit-Baltistan (POK). These investments were critical in better integrating the country’s ports, especially Karachi, with urban centers in Punjab and Khyber-Pakhtunkhwa provinces. Despite power asymmetries between China and Pakistan, the latter still has tremendous agency in determining its own policies, even if such policies come at the expense of the long-term socioeconomic welfare of Pakistani citizens. |
Outline and discuss any two economic advantages of China Pakistan Economic Corridor (CPEC) accruing to the economy of Pakistan.
When was the Great Proletarian Cultural Revolution introduced in China?
Which of the fol1owing are the important implication of the' one child norm' in China?
Which of the following are the lessons that India can learn from China?
Which of the following points critically appraise the development strategies of Pakistan?
Identify the correctly matched pair in Column A and Column B from the following:
| Column A | Column B | ||
| (1) | India | (a) | Economic reforms in 1997 |
| (2) | Pakistan | (b) | Economic reforms in 1991 |
| (3) | China | (c) | Economic Reforms in 1978 |
| (4) | India | (d) | GST rolled out in 1999 |
From the set of the events given in column I and corresponding facts given in Column II, choose the correct pair of statements:
| COLUMN I | COLUMN II | ||
| i | Dual Pricing | A | Economic Reforms of 1991 |
| ii | Setting up of Special Economic Zones in China | B | To attract foreign Direct Investment |
| iii | Commune System | C | Backyard based Industrial production units |
| iv | Great Proletarian Cultural Revolution | D | Collective Farming |
Assertion (A): In the late 1970s, China’s population growth rate had sharply declined.
Reason(R): China has witnessed an increase in the proportion of elderly people owing to stringent family planning programmes.
China initiated ______ in 1958, that aimed at industrializing the country on a massive scale.
