Free Economy and Budget MCQs with Answers

321. The State Bank of Pakistan (SBP) on 22 January signed an agreement with Abu Dhabi Fund for Development (ADFD) for__________to be deposited in the SBP account.

• A. $3 billion
• B. $4 billion
• C. $5 billion
• D. $7 billion

Explanation: The agreement with the Abu Dhabi Fund for Development covered a $3 billion deposit in the State Bank of Pakistan. The amount was intended to strengthen Pakistan’s foreign-exchange position.

322. Pakistan International Airline extended its operation on 20 Jan by launching flight from_________?

• A. Sialkot-Dubai-USA
• B. Sialkot- Barcelona -Paris
• C. Sialkot- Barcelona -Australia
• D. Sialkot -india -bangladesh

Explanation: PIA expanded its international network by launching the Sialkot-Barcelona-Paris route. The route linked Pakistan with Europe through Barcelona and Paris, not Australia or South Asia.

323. How much bailout package had formalized by Abu Dhabi Crown prince?

• A. 5.2bn USD
• B. 6.2bn USD
• C. 7.2bn USD
• D. 3.2bn USD

Explanation: The UAE support package was valued at 6.2 billion US dollars, including deposits and deferred oil-payment support. The frequently cited breakdown was 3 billion dollars in deposits plus 3.2 billion in oil-related deferred payments.

324. The government of Pakistan has decided to launch _______ Bonds to raise loans from Chinese Capital Markets?

• A. Wolf
• B. Panda
• C. Lion
• D. Dragon

Explanation: Panda bonds are bonds issued in China's capital market by a foreign borrower and denominated in Chinese yuan. The name follows the panda, a national symbol of China.

325. Recently Which Airways has announced to resume flights to Pakistan after 10 years?

• A. Norway Airlines
• B. Australia Airways
• C. British Airways
• D. None of these

Explanation: British Airways announced the resumption of flights to Pakistan after a ten-year gap, beginning with service to Islamabad. The airline’s return was linked to improved security conditions and renewed commercial operations.

326. Shaikh Rasheed inaugurated "Rahman Baba Express" train, it will travel from Peshawar To________?

• A. Sukkur
• B. Karachi
• C. Kotri
• D. Larkana

Explanation: Rahman Baba Express was introduced to connect Peshawar with Karachi, linking Khyber Pakhtunkhwa to the country’s major southern rail terminus. It was named after the Pashto Sufi poet Rahman Baba.

327. Which Bank recently has proposed a $7.5-billion lending programme for Pakistan for next three years?

• A. World Bank
• B. ADB
• C. Islamic Bank
• D. AIIB

Explanation: The Asian Development Bank proposed a 7.5-billion-dollar lending programme for Pakistan covering three years. The figure therefore relates to the ADB, not the World Bank or AIIB.

328. According to World Bank Report 2018, Trade between Pakistan and South Asia Valued at___________ Billion?

• A. $ 2 Billion
• B. $ 4 Billion
• C. $ 5.1 Billion
• D. $ 39.7 Billion

Explanation: The World Bank placed Pakistan's trade with South Asia at about $5.1 billion in 2018. The much larger $39.7 billion figure does not represent Pakistan's trade with the region in this comparison.

329. According to World Bank Report 2018, trade between Pakistan and India Valued little over 2 Billion, whereas without trade barriers, it could reach _________ Billions?

• A. $25 Billion
• B. $31 Billion
• C. $37 Billion
• D. $48 Billion

Explanation: The World Bank estimated that Pakistan-India trade could rise from just over $2 billion to around $37 billion if trade barriers were removed. This figure reflects unrealised regional trade potential rather than existing trade.

330. The Asian Development Bank (ADB) has proposed a ___________ lending programme for Pakistan for next three years on 14th Dec 2018?

• A. $3 billion
• B. $5 billion
• C. $7.5 billion
• D. $10 billion

Explanation: The Asian Development Bank proposed a $7.5 billion lending programme for Pakistan covering the following three years. This was a programme commitment, not a single immediate loan disbursement.