Trace and Track system (TTS) launched by FBR , to check and counter the smuggling of ___________?
Correct answer: B. cigarettes
- A. Non custom vehicles
- B. cigarettes
- C. Dollars
- D. fabrics
Explanation
The FBR’s Track and Trace System was introduced primarily to monitor production and prevent tax evasion and smuggling of products such as cigarettes. It is not a system designed chiefly for vehicles, dollars, or fabrics.
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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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509 free Economy and Budget MCQs from Pakistan Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.
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