The biggest Industry of Pakistan is ?

Related Mcqs:

1. A firm in perfectly competitive industry is producing 50 units, its profit-maximising quantity. Industry price is £2 and total fixed costs and total variable cost are £25 and £40 respectively. The firm’s economic profit is ?

   A. £35
   B. £15
   C. £30
   D. £60

2. Suppose an industry emits a negative externality such a pollution and the possible methods to internalize the externality are command-and-control policies, pigovian taxes, and tradable pollution permits. If economists were to rank these methods for internalizing a negative externality based on efficiency ease of implementation and the incentive for the industry to further reduce pollution in the future, they would probably rank them in the following order (from most favored to least favored) ?

   A. Pigouvian taxes, command-and-control policies, tradable pollution permits.
   B. tradable pollution permits, Pigouvian taxes, command-and-control policies
   C. tradable pollution permits command-and-control policies, Pigovian taxes.
   D. command-and-control policies, tradable pollution permits, Pigovian taxes.
   E. They would all rank equally high because the same result can be obtained from any one of the policies

3. The biggest Industrial unit in public sector is ?

   A. Karachi Shipyard
   B. Pakistan Steel Mili
   C. State Cement
   D. Telephone Industry of Pakistan

4. The biggest of greatest amount of involvement in a foreign market comes through which of the following ?

   A. Exporting
   B. Joint venturing
   C. Licensing
   D. Direct investment

5. The World biggest oil refinery is situated in ?

   A. Saudi Arabia
   B. Iran
   C. Kuwait
   D. Iraq

6. Which country is the biggest producer of mercury in the world ?

   A. Mexico
   B. Canada
   C. Italy
   D. Germany

7. The biggest producer of Uranium in the world is ?

   A. France
   B. Canada
   C. USA
   D. Zaire

8. Which country is the biggest producer of wool in the world ?

   A. Pakistan
   B. Russia
   C. USA
   D. Australia

9. Which is the biggest seaport of the world ?

   A. Singapore seaport
   B. Settle seaport
   C. Rotterdam seaport
   D. None of these

10. Industry is the second largest sector of the economy. How much of GDP it accounts for ?

    A. 16.5%
    B. 18.2%
    C. 19.7%
    D. 20.5%