On Feb 20, the competition commission of Pakistan approved the Uber and _______ merger?
Correct answer: C. Careem
- A. Rasai
- B. GoGet
- C. Careem
- D. None of these
Explanation
The Competition Commission of Pakistan approved Uber's acquisition of Careem's operations in several Middle Eastern markets, including Pakistan, subject to conditions. Rasai and GoGet were unrelated to this merger.
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About Economy and Budget
Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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