Free Economy and Budget MCQs with Answers

401. Which of the following cigarettes giant has asked Pakistan to remove health warning on cigarette packs?

• A. Philip Morris international Inc
• B. British American tobacco
• C. Khyber Tobacco plc
• D. A & B

Explanation: Both Philip Morris International and British American Tobacco were reported to have opposed or sought removal of the mandatory health warnings on cigarette packs. Therefore, the combined option is correct.

402. "The President's Salary, and Privileges (Amendment) Bill, 2018" has been moved by government in the NA on 28th May 2018 to _______ the salary of the President of Pakistan?

• A. 5 times
• B. 4 times
• C. Double
• D. Triple

Explanation: The proposed amendment sought to double the president’s salary, bringing it closer to the level of the chief justice and other senior constitutional officeholders. It was not a four- or fivefold increase.

403. The current salary of the president of Pakistan is around ________?

• A. RS 7 lacs
• B. RS 6 lacs
• C. RS 4.5 lacs
• D. RS 3 lacs

Explanation: At the time, the president’s monthly salary was reported at approximately Rs 4.5 lakh. The other figures either understate it or refer to unrelated salary levels.

404. Which country is planning to introduce electric vehicles particular cars in Pakistan?

• A. China
• B. Japan
• C. UAE
• D. Germany

Explanation: China was reported to be planning the introduction of electric vehicles, particularly cars, in Pakistan. The item relates to investment and the expansion of electric mobility rather than to a domestic Pakistani policy.

405. Nigeria, Russia and __________ are the top three sources of money laundering in UK as per the report of National Crime Agency.

• A. Italy
• B. India
• C. Pakistan
• D. Germany

Explanation: The report identified Pakistan, along with Nigeria and Russia, among the leading sources of money laundering proceeds entering the UK. India is the tempting regional alternative, but it was not the country named in this report.

406. Pakistan is expecting to obtain fresh loan worth $1-2 billion for financial support from which country?

• A. China
• B. USA
• C. Russia
• D. Japan

Explanation: Pakistan was reported to be seeking a fresh loan of about $1–2 billion from China for financial support. China was also a major existing source of bilateral financing for Pakistan.

407. How long will it take to get all children into schools with current enrolment growth rate in Pakistan?

• A. 50 years
• B. 40 years
• C. 60 years
• D. 30 years

Explanation: A contemporary education assessment estimated that Pakistan would need about 60 years to enrol all children if the existing enrolment growth rate continued. The figure highlights the slow pace of progress rather than a formal government target.

408. When State Bank of Pakistan banned Bitcoin and other cryptocurrencies?

• A. 5 April 2018
• B. 6 April 2018
• C. 7 April 2018
• D. 8 April 2018World Current Affairs

Explanation: The State Bank of Pakistan issued its cryptocurrency warning and prohibition circular on 6 April 2018. The measure covered Bitcoin and other virtual currencies in dealings through regulated financial institutions.

409. Pakistan trade deficit widens to___________billion in nine months of Fiscal year 2018.

• A. $27.3
• B. $28.4
• C. $29.5
• D. $30.7

Explanation: Pakistan’s trade deficit reached about $27.3 billion during the first nine months of fiscal year 2017–18. The widening deficit reflected imports growing faster than exports.

410. Prime Minister has approved a special parting gift, equivalent of ________ month salaries, for employees of the federal government in may 2018?

• A. Five
• B. Six
• C. Three
• D. Two

Explanation: The federal government approved a special farewell payment equal to three months’ salary for its employees before the 2018 general election transition. It was not the larger five- or six-month payment suggested by the distractors.