Free Economy and Budget MCQs with Answers

371. CLSA Ltd has decided to invest back in Pakistan. CLSA exited Pakistan in ________ due to "considerable instability" at that time?

• A. 1990
• B. 1995
• C. 2001
• D. 2011

Explanation: CLSA had exited Pakistan in 2001, citing considerable instability, before deciding to return to the market in 2018. The later date of 2011 is the most plausible alternative but does not match the reported timeline.

372. The government of Pakistan has decided to temporarily suspend operations at the ________ on 30th August 2018?

• A. Pakistan stell mills
• B. Utility Stores Corporation
• C. PIA
• D. All of the above

Explanation: The government temporarily suspended operations of the Utility Stores Corporation, reportedly in connection with administrative and financial review. Pakistan Steel Mills and PIA were not the entities named in this decision.

373. Information Minister Fawad Chaudhry has defended the PTI chief's use of the helicopter by saying that the average cost is about RS ________ per km?

• A. 30-40
• B. 40-45
• C. 50-55
• D. 90

Explanation: Fawad Chaudhry defended the helicopter trips by quoting an estimated average cost of about Rs55 per kilometre, which falls within the Rs50-55 range. The statement was made during the debate over the prime minister's travel expenses.

374. Who was removed as the Chairman of the Board of Directors of PSX after directives from the Securities and Exchange Commission of Pakistan (SECP) amid the ongoing money laundering case in July 2018?

• A. Sulaiman S Mehdi
• B. Hussain Lawai
• C. Fawad Ahmad fawad
• D. Abid Ali

Explanation: Hussain Lawai was removed as chairman of the Pakistan Stock Exchange board amid the money-laundering investigation involving him. Sulaiman S. Mehdi was a former PSX chairman, which makes his name a likely distractor.

375. Two flights of which airline were stopped by CAA on 19th July 2018 over dues dispute?

• A. PIA
• B. Shaheen air
• C. Airblue
• D. Hajvery airline

Explanation: The Civil Aviation Authority stopped two Shaheen Air flights over unpaid dues during the airline's dispute with the authority. PIA and Airblue were not the airline named in this action.

376. In budget 2018 - 2019, How much amount was allocated for National Development Program?

• A. 2000 Billion Rupees
• B. 2043 Billion Rupees
• C. 2053 Billion Rupees
• D. None of the above

Explanation: The 2018-19 budget allocated Rs 2,043 billion for the National Development Programme. The amount covered federal and provincial development spending, so it is higher than a simple Rs 2,000 billion estimate.

377. State Bank of Pakistan had received _____ million SMS to get fresh currency notes on the occasion of Eid-ul-Fiter in Pakistan?

• A. 2.4
• B. 2.2
• C. 2.3
• D. 2.5Everyday Science Quiz

Explanation: The SBP's SMS-based fresh-note service received about 2.4 million requests for Eid 2018. The high volume reflected the public demand for new currency notes before Eid-ul-Fitr.

378. What was the short SMS code set up by State Bank of Pakistan for issuing fresh currency notes on the occasion of Eid-ul-Fiter in Pakistan?

• A. 8877
• B. 7788
• C. 6655
• D. 5566

Explanation: The code 8877 was used for the SBP's SMS service for obtaining fresh Eid currency notes. Applicants sent their identity and branch-related details through this short code.

379. ________ set up SMS short code in collaboration with Pakistan Banks Association for issuing fresh currency notes?

• A. State bank of Pakistan
• B. Allied Bank Limited
• C. Meezan Bank
• D. Habib Bank Limited
• E. National Bank of Pakistan

Explanation: The State Bank of Pakistan introduced the short code in collaboration with the Pakistan Banks Association. Commercial banks then facilitated the distribution of fresh notes through designated branches.

380. Around _________ billion rupees fresh notes were issued by the State Bank of Pakistan on the occasion of Eid-ul-Fiter in Pakistan?

• A. 400
• B. 340
• C. 430
• D. 360

Explanation: The SBP issued approximately Rs360 billion in fresh currency notes for Eid-ul-Fitr 2018. The figure refers to the total value of notes, not the number of notes or SMS requests.