Free Economy and Budget MCQs with Answers
509 Economy and Budget MCQs from Pakistan Current Affairs, each with the correct answer and a written explanation of why it is correct. Free and unlimited, with no account needed.
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 questions · page 18 of 26
- A. S.Arabia
- B. UAE
- C. China
- D. Malaysia
Explanation: The first $1 billion balance-of-payments tranche was received from Saudi Arabia on 19 November 2018.
Correct answer: S.Arabia- A. Japan
- B. China
- C. S.Arabia
- D. Malaysia
Explanation: Japan announced a $4.6 million grant to help Pakistan procure essential polio vaccine for the 2018-19 campaigns.
Correct answer: Japan- A. 3.3 billion
- B. 4.4 billion
- C. 5.3 billion
- D. 6.3 billion
Explanation: The government’s recovery effort identified overseas properties of Pakistanis estimated at about $5.3 billion across 10 countries.
Correct answer: 5.3 billion- A. Rs 200 million
- B. Rs 210 million
- C. Rs 220 million
- D. Rs 213 million
Explanation: The National Highway Authority raised more than Rs 213 million by auctioning 201 vehicles in November 2018.
Correct answer: Rs 213 million- A. 200
- B. 201
- C. 203
- D. 204
Explanation: The auction involved 201 vehicles, as reported by the National Highway Authority in November 2018.
Correct answer: 201- A. 60pc
- B. 70pc
- C. 80pc
- D. 50pc
Explanation: The World Bank report placed about 80 percent of Pakistan’s poor in rural areas.
Correct answer: 80pc- A. Jazz
- B. Telenor
- C. Zong
- D. Ufone
Explanation: Zong became the first Pakistani telecom operator to cross 10,000 4G sites in October 2018.
Correct answer: Zong- A. 10%
- B. 6%
- C. 8%
- D. 4%
Explanation: The cited UN report stated that only 4 percent of Pakistani children received a minimally acceptable diet.
Correct answer: 4%- A. 69pc
- B. 79pc
- C. 59pc
- D. 49pc
Explanation: The 2018 study reported that 69 percent of Pakistanis did not know what the Internet was, highlighting the country’s digital-literacy gap.
Correct answer: 69pc- A. 57pc
- B. 67pc
- C. 77pc
- D. 47pc
Explanation: The study placed ownership of a mobile phone of some kind at 57 percent of Pakistan’s population.
Correct answer: 57pc- A. 180 million
- B. 153 million
- C. 162 million
- D. 190 million
Explanation: The PTA figures cited in the 2018 study recorded about 153 million active cellular subscribers.
Correct answer: 153 million- A. $1 billion
- B. $2 billion
- C. $3 billion
- D. $4 billion
Explanation: Pakistan secured duty-free market access to China valued at about 1 billion dollars under the trade arrangements discussed in 2018.
Correct answer: $1 billion- A. 44
- B. 45
- C. 46
- D. 48
Explanation: The FIA identified 44 Pakistanis who owned properties in the UAE during its investigation into undeclared overseas assets.
Correct answer: 44- A. 6000
- B. 7000
- C. 8000
- D. 9000
Explanation: The SECP-FBR virtual One-Stop Shop combines company incorporation with tax registration, reducing separate paperwork for businesses.
Correct answer: 7000- A. $4bn
- B. $5bn
- C. $6bn
- D. $7bn
Explanation: Saudi Arabia’s 2018 support package for Pakistan was valued at $6 billion: $3 billion in balance-of-payments support and $3 billion in…
Correct answer: $6bn- A. 1b$
- B. 2b$
- C. 3b$
- D. 4b$
Explanation: Saudi Arabia agreed to provide Pakistan with a deferred-payment oil facility worth $3 billion for one year.
Correct answer: 3b$- A. 207 millions
- B. 206 millions
- C. 205 millions
- D. 204 millions
Explanation: The UNFPA's 2018 estimate put Pakistan's population at about 207 million, broadly consistent with the 2017 census figure.
Correct answer: 207 millions- A. Sulaiman Mehdi
- B. Jahanzeb Khan
- C. Gul Bukhari
- D. None
Explanation: Sulaiman Mehdi was serving as Chairman of the Pakistan Stock Exchange in 2018.
Correct answer: Sulaiman Mehdi359. For how many years KSA will place a deposit of $3billion to support balance of payment in Pakistan?
- A. 1 year
- B. 2 years
- C. 3 years
- D. 4 years
Explanation: Saudi Arabia's three-billion-dollar balance-of-payments deposit was arranged for one year, with the facility subject to renewal.
Correct answer: 1 year- A. Mari Petroleum Company Limited
- B. Dewan Petroleum Company Limited
- C. Jura Energy Corporation
- D. Eastern Tesing Services
Explanation: Mari Petroleum Company Limited reported the discovery in the Chiltan and Moro/Mughal Kot formations of Balochistan.
Correct answer: Mari Petroleum Company Limited