According to Pakistan’s Annual Plan 2019-20, which of the following is true of Pakistan’s economy in 2017-18?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → GDP grew by 5.5 per cent, the highest in the previous decade
In 2017-18, Pakistan’s GDP grew by 5.5 per cent, the highest in the previous decade. This was part of its recent recovery.
Option (1) GDP grew by 5.5 per cent, the highest in the previous decade — Correct. This is the figure the Annual Plan 2019-20 reports.
Option (2) Agriculture grew faster than both the industrial and the service sectors — Incorrect. Agriculture’s growth was far from satisfactory.
Option (3) GDP growth turned negative because of political instability — Incorrect. Growth was positive and the highest in a decade.
Option (4) The industrial sector grew faster than the service sector — Incorrect. Industry grew at 4.9 per cent and services at 6.2 per cent, so services grew faster.
NCERT (2026-27): “8.6 Development Strategies — an Appraisal … However, during the last few years, Pakistan has recovered its economic growth and has been sustaining. In 2017-18, the Annual Plan 2019-20 reports that, the GDP registered a growth of 5.5 per cent, highest when compared to the previous decade. While agriculture recorded growth rate far from satisfactory level, industrial and service sectors grew at 4.9 and 6.2 per cent respectively. Many macroeconomic indicators also began to show stable and positive trends.” |