Free Economy and Budget MCQs with Answers

91. Which international organization on October 4, 2022, will make another appeal for an additional $600 million in support to Pakistan for flood victims?

• A. WHO
• B. UN
• C. World Bank
• D. IMF

Explanation: The United Nations made the additional appeal for $600 million to support Pakistan’s flood response. WHO, the World Bank and IMF were involved in other forms of assistance but were not the organization identified here.

92. CM Parvez Elahi opened the Punjab Ehsaas Ration Programme worth Rs ________ billion on 2nd October 2022?

• A. Rs50 billion
• B. Rs80 billion
• C. Rs100 billion
• D. None of These

Explanation: The Punjab Ehsaas Ration Programme announced by Chief Minister Parvez Elahi had a budget of Rs100 billion. The Rs50 billion and Rs80 billion figures do not match the programme’s announced allocation.

93. When CM Parvez Elahi opened the Punjab Ehsaas Ration Programme worth Rs100 billion?

• A. September 28, 2022
• B. October 2, 2022
• C. October 5, 2022
• D. None of These

Explanation: Chief Minister Parvez Elahi launched the Rs100 billion Punjab Ehsaas Ration Programme on 2 October 2022. Therefore, the dates in September and 5 October are incorrect.

94. What is the rank of Pakistan in Global Innovation Index 2022?

• A. 80
• B. 85
• C. 87
• D. None of These

Explanation: Pakistan ranked 87th in the Global Innovation Index 2022. The index is published by the World Intellectual Property Organization, making 87 the relevant international benchmark rather than 80 or 85.

95. Pakistan received _____ million pounds from the UK as humanitarian aid on September 1, 2022?

• A. 10 million
• B. 12 million
• C. 13 million
• D. 15 million

Explanation: The United Kingdom announced £15 million in humanitarian assistance for Pakistan's flood response on 1 September 2022. The amount is in pounds, not US dollars, which distinguishes it from several other aid announcements.

96. IMF Approves __________ Latest Tranches Of Loan Program For Pakistan?

• A. $1.17 billions
• B. $2 billions
• C. $2.5 billions
• D. None of These

Explanation: The IMF approved the release of about $1.17 billion under Pakistan's Extended Fund Facility in August 2022. This amount represented the combined seventh and eighth reviews, rather than a new $2 billion programme.

97. Name the country which announced that it will provide $2 million in humanitarian aid to Pakistan?

• A. Turkiye
• B. US
• C. Australia
• D. None of These

Explanation: Australia announced $2 million in humanitarian assistance for Pakistan's 2022 flood relief. Türkiye and the United States also provided support, but not the specific amount asked here.

98. Former Prime Minister imran khan hold international telethon to raise funds for flood affected on _________?

• A. 28 August 2022
• B. 29 August 2022
• C. 30 August 2022
• D. None of These

Explanation: Imran Khan held the international flood-relief telethon on 29 August 2022. It was organised to collect donations for people affected by the catastrophic floods.

99. Former Prime Minister Imran Khan raised _________ funds through an international telethon for flood-affected people ?

• A. Rs3 billion
• B. Rs5 billion
• C. Rs7 billion
• D. None of These

Explanation: The telethon generated pledges of approximately Rs5 billion for flood relief. This was a pledged amount, so it should not be confused with funds immediately deposited or disbursed.

100. The ____________ provides (nearly PKR 76 million) to assist floods victims in Pakistan on on 23 August 2022?

• A. United Nations
• B. European Union
• C. World Health Organization
• D. Germany

Explanation: The European Union announced assistance of nearly PKR 76 million for flood victims in Pakistan on August 23, 2022. The UN and WHO are separate international bodies, while Germany is an individual country rather than a regional bloc.