Free Economy and Budget MCQs with Answers

291. Recently, the ______ Airways announced that it will be resuming flights to Pakistan from June 2019, after a 10-year break.

• A. British
• B. Jet
• C. Gulf
• D. None of these

Explanation: British Airways announced the resumption of flights to Pakistan in June 2019 after a ten-year suspension. The service reconnected London with Islamabad and later other Pakistani destinations.

292. When the current government assumed the office, Pakistan was ranked at________in the ease of doing business?

• A. 137
• B. 147
• C. 153
• D. 165

Explanation: When the PTI government took office in 2018, Pakistan's World Bank Ease of Doing Business rank was 147. The later improvement to 136 belongs to the 2019 ranking and is a common source of confusion.

293. Which of the following telecommunication network won Best 4G services in Pakistan award at the 3rd Consumers IT & Telecom Conference on 30 March 2019?

• A. Mobilink
• B. Zong
• C. Ufone
• D. None of these

Explanation: Zong received the Best 4G Services in Pakistan award at the 3rd Consumers IT & Telecom Conference held on 30 March 2019. Its award recognised the quality and reach of its 4G network.

294. Pakistan has received __________ billion loan from China on 25 march 2019?

• A. $2 Billion
• B. $2.7 Billion
• C. $5.1 Billion
• D. $2.2 Billion

Explanation: China provided Pakistan with a $2.2 billion loan in March 2019, helping strengthen the country’s foreign-exchange position. The larger figures listed were not the amount reported for this transaction.

295. According to Economist Intelligence Unit (EIU) 2019 report; which of the following Pakistani city is among the top 10 cheapest cities in globe?

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

Explanation: Karachi appeared among the world’s ten cheapest cities in the Economist Intelligence Unit’s 2019 cost-of-living report. The ranking reflected the comparatively low prices of goods and services there.

296. How many (MoUs) were signed b/w Pakistani and Malaysian firms for joint venture in IT, telecommunication and car manufacturing?

• A. 3 MoUs
• B. 6 MoUs
• C. 8 MoUs
• D. 11 MoUs

Explanation: Pakistani and Malaysian companies signed six MoUs covering cooperation in IT, telecommunications and car manufacturing. The agreements were intended to promote joint ventures and investment.

297. "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.

298. 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.

299. 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.

300. 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.