Time allowed: 3 hours
Max marks:100


Note:Attempt any Five Questions.



Q.1 Define the concept of under development? Discuss the common characteristics of developing countries like Pakistan?

Q.2 Explain the historical overview of economic planning in Pakistan.

Q.3 What is cooperative farming? Explain the advantages and causes of failure of cooperative farming in Pakistan?

Q.4 Differentiate absolute and relative poverty. How it can be measured by basic needs approach?

Q.5 Explain the role of foreign trade in economic development. What are the major imports and exports of Pakistan?

Q.6 Explain the role of industrialization for economic development of a developing country.

Q.7 Discuss merits and demerits of privatization policy in Pakistan?

Q.8 Discuss the cost and benefits of foreign aid with special reference to Pakistan.