Free Economy and Budget MCQs with Answers

481. Pakistan is expected to harvest wheat crop of ________ million tons this season,which will be the record output of wheat ever harvested in the country?

• A. 26
• B. 24
• C. 22
• D. 20Fun & Trivia

Explanation: The forecast was about 26 million tonnes, making it a record wheat harvest for Pakistan at that time. The lower figures do not match the reported production estimate.

482. The benazir income support programme has signed a memorandum with whom for poverty reduction?

• A. Rural support programme network
• B. PMYTS
• C. SAF
• D. Aman foundation

Explanation: BISP signed the memorandum with the Rural Support Programme Network to strengthen poverty-reduction and social-protection work. The other choices were not the partner named in the agreement.

483. Pakistan has signed MOU with which country, seeking to promote the employment of it's citizens in the east Asian country?

• A. South Korea
• B. Saudi Arabia
• C. China
• D. North Korea

Explanation: Pakistan signed the employment-related memorandum of understanding with South Korea to facilitate jobs for Pakistani citizens there. Saudi Arabia and China are major labour destinations or economic partners, but were not the country identified in this agreement.

484. Which flight service of Pak has become first to receive ISO 9001 certification?

• A. PIA
• B. Shaheen airlines
• C. Orient airways
• D. Air eagle

Explanation: Pakistan International Airlines became the first Pakistani airline service mentioned in this report to receive ISO 9001 certification, a standard associated with quality-management systems.

485. As per UN report how many percent of women in Pakistan is part of labour force?

• A. 20%
• B. 30%
• C. 40%
• D. 10%

Explanation: The reported figure was about 20 percent, showing the very low participation of Pakistani women in the labour force compared with men.

486. How much market share has Pakistan lost in Kabul within last two years?

• A. 50 percent
• B. 40 percent
• C. 60 percent
• D. 70 percent

Explanation: Pakistan was reported to have lost 50 percent of its market share in Kabul over the preceding two years. The figure reflected declining Pakistani exports and stronger competition in the Afghan market.

487. Which country's State Bank allows the use of Chinese Currency Yuan for Bilateral Trade & Investment Activities(2018)?

• A. Iraq
• B. Saudi Arabia
• C. Pakistan
• D. Albania

Explanation: Pakistan’s State Bank authorised the Chinese yuan for bilateral trade and investment transactions. The measure supported expanding Pakistan-China economic and financial links.

488. Russia has announced to use which country's footballs in 2018 world cup?

• A. Pakistan
• B. India
• C. Srilanka
• D. Thailand

Explanation: Pakistan supplied the footballs used for the 2018 FIFA World Cup, with Sialkot’s sporting-goods industry producing them. The reference is to Pakistan’s manufacturing export strength, not its participation in the tournament.

489. When Pakistan will be placed in FATF grey list as per anouncement by goverment of Pakistan?

• A. May 2018
• B. June 2018
• C. July 2018
• D. Feb 2018

Explanation: Pakistan was expected to enter the FATF grey list in June 2018 following the FATF decision and the required monitoring process. FATF’s grey list concerns deficiencies in measures against money laundering and terror financing.

490. Pakistan borrows the second loan of ____________ from ICBC China on January 15?

• A. $300 million
• B. $500 million
• C. $600 million
• D. $800 million

Explanation: Pakistan obtained a second $500 million loan from China’s Industrial and Commercial Bank of China, or ICBC. The amount is part of the borrowing used to support Pakistan’s external financing needs.