Question:

After the implementation of economic reforms, Pakistan experienced slowdown of growth due to various reasons including _________ . 
(Choose the correct alternative to fill in the blank): 
[(i)] Volatile performance of the agriculture sector. 
[(ii)] Over-dependence on remittances from abroad. 
[(iii)] Political instability

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Economic reforms may fail to boost growth in the presence of unstable agriculture, over-reliance on remittances, and political instability.
Updated On: Jan 31, 2025
  • (i) and (ii)
  • (ii) and (iii)
  • (i), (ii), and (iii)
  • (i) and (iii)
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The Correct Option is C

Solution and Explanation

Volatile agriculture sector: Pakistan’s agriculture sector experienced significant fluctuations, leading to an unstable economy and reduced investor confidence. 
Over-dependence on remittances: The country's economic stability heavily relied on remittances from abroad rather than domestic productivity and industrialization. 
Political instability: Frequent changes in government and lack of long-term economic policies created an uncertain business environment, discouraging foreign and domestic investments.

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