All Free Pakistan Current Affairs MCQs with Answers

1521. Prime Minister Imran Khan on 8th January approved Decision Support System for Inflation (DSSI) to record and monitor ______________ in 17 major cities?

• A. oil prices
• B. prices of essential commodities
• C. Banks performance
• D. None of these

Explanation: The Decision Support System for Inflation was intended to record and monitor the prices of essential commodities in 17 major cities. It was therefore broader than monitoring oil prices alone or evaluating bank performance.

1522. Which Bank was declared the Best Bank of Pakistan for the calendar year 2020 in 5th Pakistan Banking Awards on 8th January 2021?

• A. HBL
• B. Allied Bank
• C. Meezan Bank
• D. None of these

Explanation: Meezan Bank was named Best Bank of Pakistan for calendar year 2020 at the fifth Pakistan Banking Awards. The award recognised the bank’s overall performance in the banking sector, not merely its size.

1523. According to KP finance minister Taimur Saleem Jhagra, increase in the retirement age of government employees could save the province RS________ billion in around 10 years?

• A. Rs100 billion
• B. Rs140 billion
• C. Rs200 billion
• D. None of these

Explanation: KP Finance Minister Taimur Saleem Jhagra estimated that raising the retirement age could save the province approximately Rs140 billion over about ten years. The figure was a projected long-term saving, not an immediate budget reduction.

1524. Prime Minister Imran Khan extended Fixed Tax Regime for which sector?

• A. Manufacturing Sector
• B. Construction Sector
• C. Banking Sector
• D. Government Sector

Explanation: The fixed tax regime was extended for the construction sector as part of the government's construction and real-estate incentive package. It was designed to encourage documented investment and building activity.

1525. Fixed tax regime for the construction sector has been extended by Prime Minister Imran Khan till:__________?

• A. Dec 2021
• B. Dec 2022
• C. Dec 2023
• D. Dec 2024

Explanation: The construction-sector fixed-tax regime was extended until December 2021. The extension was part of the time-bound incentives announced under the construction package.

1526. Pakistan International Airlines announced to operate it's cargo flights to which country ?

• A. China
• B. India
• C. Russia
• D. Saudi Arabia

Explanation: PIA announced cargo operations to Saudi Arabia, linking Pakistan with an important market for air-freighted goods. China was a major PIA passenger and cargo destination, but it was not the country identified in this announcement.

1527. The Water and Power Development Authority (WAPDA) is set to raise a international commercial loan of __________ through Euro bonds to meet foreign finance needs?

• A. $100 Million
• B. $300 Million
• C. $500 Million
• D. $700 Million

Explanation: WAPDA planned to raise 500 million US dollars through international Eurobonds to meet its foreign financing needs. The 300 million and 700 million figures do not match the reported borrowing plan.

1528. Which of the following Pakistani firm/firms make it to Forbes' Asia's 200 Best Under A Billion list?

• A. Systems Limited Pakistan (IT)
• B. Feroze1888 Mills Ltd (Textile)
• C. SEARLE Pakistan (Pharma)
• D. All of these

Explanation: Systems Limited, Feroze1888 Mills and The Searle Company were all Pakistani firms included in Forbes Asia's 200 Best Under a Billion list. Therefore, the combined option is correct.

1529. "The North South Gas Pipeline" has been renamed as ____________ due to major shareholding for Pakistan.

• A. Pakistan Russia Gas Pipeline
• B. Karachi Kasur Gas Pipeline
• C. Pakistan Stream Gas Pipeline
• D. None of these

Explanation: The North-South Gas Pipeline project was renamed the Pakistan Stream Gas Pipeline after the revised ownership arrangement gave Pakistan a major share. The name refers to the Pakistan-Russia project.

1530. Prime Minister Imran Khan inaugurated the third private airline of Pakistan on Wednesday 9th December 2020, named?

• A. Air Sial
• B. Serene Air
• C. Hainan Airlines
• D. None

Explanation: AirSial began operations as Pakistan's third private airline when it was inaugurated by Prime Minister Imran Khan on 9 December 2020. Serene Air was already operating, while Hainan Airlines is Chinese.