All Free Pakistan Current Affairs MCQs with Answers

1631. "Sikka Baqaida" is an initiative by State bank of Pakistan, To facilitate the:

• A. High-income and unbanked population of the country.
• B. Low-income and Unbanked population of the country.
• C. High-income and banked population of the country.
• D. Low-income and banked population of the country.

Explanation: “Sikka Baqaida” was designed to bring low-income and unbanked people into the formal financial system. It therefore targets financial inclusion rather than already banked or high-income groups.

1632. India has raised customs duty to _________ percent on all goods imported from Pakistan?

• A. 100%
• B. 150%
• C. 200%
• D. 300%Election Officer Mcqs

Explanation: In February 2019, India increased customs duty on Pakistani imports to 200 percent as part of its trade measures against Pakistan. The figure was double the value of the imported goods in duty terms, not 100 or 150 percent.

1633. How many agreements and Memorandums of understanding (MoUs) have signed b/w Pakistan and Saudi Arabia on Feb 18,2019.

• A. 12
• B. 7
• C. 2
• D. 20

Explanation: Pakistan and Saudi Arabia signed seven agreements and memorandums of understanding during Crown Prince Mohammed bin Salman’s February 2019 visit. These covered investment, trade and other areas of bilateral cooperation.

1634. Which City Administration has launched an android application for official prices of different commodities?

• A. Karachi
• B. Peshawar
• C. Islamabad
• D. Lahore

Explanation: The Karachi city administration launched an Android application displaying official prices for commodities. Such apps help consumers compare market prices with government-notified rates.

1635. Which Province launched Online Tax Collection System on 12 February 2019?

• A. KPK
• B. Punjab
• C. Baluchistan
• D. Sindh

Explanation: Balochistan launched the online tax collection system on 12 February 2019 to modernise revenue collection and reduce manual processes. The province is therefore Balochistan, not Sindh or Punjab.

1636. how much amount approved for revival of two grounded PIA aircraft in Feb 2019?

• A. Rs 4.6 billion
• B. Rs 5.6 billion
• C. Rs 6.6 billion
• D. Rs 9.6 billion

Explanation: The government approved Rs 5.6 billion for the revival of two grounded PIA aircraft in February 2019. This was part of efforts to restore PIA's operational fleet without acquiring new aircraft.

1637. Which Bank launches One-Touch Banking biometric solutions for the first time in Pakistan?

• A. HBL
• B. Bank Al Falah
• C. Bank Islami
• D. National bank

Explanation: BankIslami introduced one-touch banking biometric solutions in Pakistan. The system uses biometric verification to make banking access quicker and more secure.

1638. Who has become the first overseas Pakistani to invest in Pakistan Banao Scheme?

• A. Chaudhry Shujaat
• B. Chaudhry Hameed
• C. Abdul Sattar
• D. Ahmed Raza

Explanation: Chaudhry Hameed was reported as the first overseas Pakistani to invest in the Pakistan Banao scheme. The scheme was designed to attract remittances and investment from overseas Pakistanis.

1639. What will be the Profit rate on three years plan for overseas Pakistanis who will invest in Pakistan Banao Scheme?

• A. 6.75 percent payable bi-annually
• B. 6.25 percent payable annually
• C. 6.25 percent payable bi-annually
• D. 6.25 percent payable annually

Explanation: The three-year Pakistan Banao Certificates plan offered a 6.25 percent profit rate payable twice a year. Biannual payment is the key distinction from the annually payable options.

1640. What is the minimum amount fixed that an overseas Pakistani have to invest for registeration of Pakistan Banao Scheme?

• A. USD 10,000
• B. USD 5,000
• C. USD 15,000
• D. USD 50,000

Explanation: The minimum investment for registration in the Pakistan Banao Scheme was fixed at USD 5,000. The higher figures listed were not the entry threshold for the scheme.