Free Economy and Budget MCQs with Answers

501. According to 2017 census, the average household size in Pakistan is_________?

• A. 6
• B. 5
• C. 4
• D. 7

Explanation: The 2017 census reported Pakistan’s average household size at about 6.4 persons, normally rounded to 6 in this MCQ. Thus, 6 is the closest listed figure.

502. According to 2017 census, what percentage of total population is Transgender?

• A. 0.04%
• B. 0.03%
• C. 0.02%
• D. 0.01%

Explanation: The 2017 census recorded transgender persons as roughly 0.01 percent of Pakistan’s total population. The smaller percentages underestimate the census figure.

503. Pakistan's ranking in annual tomato production through out the world?

• A. 33
• B. 34
• C. 37
• D. 39

Explanation: Pakistan was cited as the world's 34th-largest tomato producer in the relevant agricultural ranking. Such rankings depend on the production year, but 34th is the figure intended by this 2017 question.

504. According to World Bank's logistics index, Pakistan stands at__________ position out of 160 economies?

• A. 66th
• B. 64th
• C. 68th
• D. 70th

Explanation: In the World Bank's 2016 Logistics Performance Index, Pakistan ranked 68th out of 160 economies. The nearby rankings in the options are a common trap when recalling the index table.

505. State Bank recently grants banking licence to which Chinese Bank ?

• A. Bank of China
• B. China Everbright Bank
• C. Hua Xia Bank
• D. Hua Xia Bank

Explanation: The State Bank of Pakistan licensed the Chinese state-owned Bank of China to operate in Pakistan. The other listed banks were not the institution granted this licence in the reported development.

506. Finance Bill 2017 was approved The National Assembly of Pakistan on ___________?

• A. June 09
• B. June 10
• C. June 13
• D. June 14

Explanation: The National Assembly approved the Finance Bill 2017 on 13 June 2017, completing the parliamentary approval of the federal budget measures.

507. The Companies Act, 2017, has replaced the Companies Ordinance ____________?

• A. 1979
• B. 1984
• C. 1988
• D. 1992Pakistan Current Affairs

Explanation: The Companies Act 2017 replaced the Companies Ordinance 1984, updating Pakistan’s main corporate-law framework.

508. State Bank of Pakistan (SBP) will issue a Coin in Recognition of Edhi's services on March 31 2017, will worth Rs___________?

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

Explanation: The State Bank issued a Rs50 commemorative coin to recognise Abdul Sattar Edhi’s humanitarian services. The denomination, rather than the issue date, distinguishes it from ordinary circulation coins.