Free Economy and Budget MCQs with Answers

231. On Feb 20, the competition commission of Pakistan approved the Uber and _______ merger?

• A. Rasai
• B. Careem
• C. GoGet
• D. None of these

Explanation: The Competition Commission of Pakistan approved Uber's acquisition of Careem's operations in several Middle Eastern markets, including Pakistan, subject to conditions. Rasai and GoGet were unrelated to this merger.

232. The first season of PSL took place on___________?

• A. 4th Jan 2016
• B. 4th Mar 2016
• C. 4th Feb 2016
• D. 4th May 2017

Explanation: The inaugural Pakistan Super League began on 4 February 2016 in the United Arab Emirates. The dates in January, March and May do not mark the first PSL season's start.

233. Pak-Africa Trade Development Conference 2020 held in Nairobi on__________?

• A. 25-26 Jan
• B. 26-27 Jan
• C. 27-28 Jan
• D. 30-31 Jan

Explanation: The Pak-Africa Trade Development Conference 2020 was held in Nairobi on 30–31 January 2020. The conference focused on expanding Pakistan’s trade and economic relations with African countries.

234. Prime Minister Imran Khan on January 31, 2020 launched __________ Programme to give stipend of Rs 2,000 each to 7m women?

• A. Kamyab Nojawan
• B. Ehsaas Kafalat Programme
• C. Naya Pakistan Housing Scheme
• D. Sehat Sahulat Program

Explanation: The Ehsaas Kafalat Programme provided eligible women with a quarterly stipend of Rs 2,000, with the initial target of about seven million beneficiaries. Kamyab Jawan and housing and health schemes had different objectives.

235. Corruption Perception Index (CPI) 2019 released by the Transparency International on 23 January, 2020 which ranked Pakistan _________ out of 180 countries?

• A. 110
• B. 117
• C. 120
• D. None of these

Explanation: In Transparency International’s 2019 CPI, Pakistan ranked 120th among 180 countries. A higher numerical rank indicates a worse perceived corruption position than countries ranked below it.

236. Which province of Pakistan became the first to acquire Federal Government's license for establishing a provincial power gird company ?

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

Explanation: Sindh became the first province to obtain a federal licence for establishing a provincial power grid company. The licence was part of efforts to expand provincial participation in electricity transmission and supply.

237. The 2020 Global Climate Risk Index places Pakistan at ________ position for the countries, worst hit from 1999-2018.

• A. Third
• B. Fifth
• C. Seventh
• D. None of these

Explanation: The 2020 Global Climate Risk Index placed Pakistan fifth among the countries most affected by climate-related events during 1999-2018. The ranking measures long-term impact, not just one year’s disaster losses.

238. Which bank received the Best Bank Award for 2019?

• A. Habib Bank Limited
• B. Bank Alfalah
• C. United Bank Limited
• D. National Bank of Pakistan

Explanation: Bank Alfalah received Pakistan’s Best Bank Award for 2019. The award is distinct from the banks’ general size or market-share rankings, which makes the larger HBL and UBL tempting alternatives.

239. Pakistan moves US court to stop over _______ fine in Reko diq case?

• A. $7bn
• B. $6bn
• C. $9bn
• D. $12bn

Explanation: Pakistan challenged the roughly $6 billion Reko Diq penalty before a US court; the awarded amount was commonly reported as about $5.9 to $6 billion. The $7 billion figure is a rounded alternative sometimes mentioned in wider reporting.

240. PM Imran khan approved ________ amount for utility stores relief Package?

• A. Rs 5bn
• B. Rs 6bn
• C. Rs 7bn
• D. Rs 8bn

Explanation: The approved Utility Stores relief package amounted to Rs 7 billion, intended to subsidise essential commodities. The smaller figures in the options do not match the announced package size.