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Free Economy and Budget MCQs with Answers

509 Economy and Budget MCQs from Pakistan Current Affairs, each with the correct answer and a written explanation of why it is correct. Free and unlimited, with no account needed.

Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.

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509 questions · page 8 of 26

141. Which airline becomes first international airline to operate direct flights to Fujairah?

Fairly easy
  • A. PIA
  • B. Air Blue
  • C. Biman
  • D. Novoair

Explanation: Pakistan International Airlines became the first international carrier to operate direct flights to Fujairah in the United Arab Emirates.

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Correct answer: PIA

142. PM Imran Khan approved Rs ________ billion humanitarian aid for Afghanistan in Nov 2021?

Fairly easy
  • A. 3 billions
  • B. 4 billions
  • C. 5 billions
  • D. None of these

Explanation: In November 2021, Prime Minister Imran Khan approved a humanitarian assistance package of Rs5 billion for Afghanistan.

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Correct answer: 5 billions

143. What is the rank of India in "TRACE Global Bribery Risk ranking 2021"?

Moderate
  • A. 150
  • B. 82
  • C. 1st
  • D. 2nd

Explanation: India stood at 82nd position in the 2021 TRACE Bribery Risk Matrix. Its rank was substantially better than Pakistan's 150th position…

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Correct answer: 82

144. Which food delivery company has launched drone for food delivery?

Fairly easy
  • A. EatOye!
  • B. Food Genie
  • C. Food Panda
  • D. None of these

Explanation: Foodpanda introduced drone-based food delivery services in Pakistan as a technology-driven experiment in its delivery network.

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Correct answer: Food Panda

145. Pakistan and Iran have agreed to take measures to expand the annual trade exchanges to _________ by the year 2023?

Moderate
  • A. $5 billion
  • B. $7 billion
  • C. $11 billion
  • D. None of these

Explanation: Pakistan and Iran agreed to work toward increasing annual bilateral trade to 5 billion US dollars by 2023.

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Correct answer: $5 billion

146. According to Health officials and medical scientists ___________ percent people in country suffer from obesity in Pakistan?

Very hard
  • A. 45%
  • B. 55%
  • C. 75%
  • D. None of these

Explanation: The cited health assessment placed the share of people suffering from obesity at 75 percent.

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Correct answer: 75%

147. Which Pakistani bank was hit by cyberattack that disrupted its services?

Moderate
  • A. Habib Bank Limited (HBL)
  • B. National Bank of Pakistan (NBP)
  • C. Allied Bank Limited (ABL)
  • D. None of these

Explanation: The National Bank of Pakistan suffered a cyberattack in October 2021 that disrupted several banking services.

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Correct answer: National Bank of Pakistan (NBP)

148. What is the Pakistan's rank at the 2021 Global Hunger Index (GHI) out of 116 countries?

Hard
  • A. 90th
  • B. 92th
  • C. 94th
  • D. None of these

Explanation: Pakistan ranked 92nd among 116 countries in the 2021 Global Hunger Index.

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Correct answer: 92th

149. What is the rank of Pakistan Post in Universal Postal Union rankings 2021?

Very hard
  • A. 37
  • B. 62
  • C. 71
  • D. None of these

Explanation: Pakistan Post ranked 62nd in the Universal Postal Union’s 2021 postal development rankings.

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Correct answer: 62

150. Overseas Pakistanis sent the highest-ever $____ billion remittances in July-Sept 2021 of the current fiscal year.

Moderate
  • A. $6 billion
  • B. $8 billion
  • C. $10 billion
  • D. $14 billion

Explanation: Remittances reached about $8 billion during July-September 2021, the first quarter of fiscal year 2021-22.

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Correct answer: $8 billion

151. According to Labour Force Survey, the unemployment rate of Pakistan jumped from 5.8 per cent. in 2017-18 to _______ in 2018-19, the first year of Pakistan Tehreek-i-Insaf in power.

Hard
  • A. 5.9 per cent
  • B. 6.3 per cent
  • C. 6.6 per cent
  • D. 6.9 per cent

Explanation: The Labour Force Survey recorded unemployment rising from 5.8% in 2017-18 to 6.9% in 2018-19.

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Correct answer: 6.9 per cent

152. The only operator to participate in the spectrum auction in September 2021 and obtained 9MHz spectrum in the 1800 MHz band for $279 million __________?

Moderate
  • A. Ufone
  • B. Telenor
  • C. Zong
  • D. Jazz

Explanation: Ufone was the only operator to participate in the September 2021 spectrum auction, obtaining 9 MHz in the 1800 MHz band for $279 million.

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Correct answer: Ufone

153. Pakistan's Lakson Group and Air Arabia to launch a low-cost airline named:____________?

Easy
  • A. Fly Lakson
  • B. Fly Jinnah
  • C. Fly Pakistan
  • D. None of these

Explanation: Lakson Group and Air Arabia announced the launch of Fly Jinnah, a Pakistani low-cost airline.

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Correct answer: Fly Jinnah

154. Pakistan is going to set up the first ever Amazon facilitation center in__________?

Moderate
  • A. Lahore
  • B. Islamabad
  • C. Multan
  • D. None of these

Explanation: Multan was selected for Pakistan's first Amazon facilitation centre, intended to help local sellers register and access the e-commerce…

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Correct answer: Multan

155. Who is the Current Deputy Governor of the State Bank of Pakistan (SBP) ?

Hard
  • A. Sima Kamil
  • B. Shamshad Akhter
  • C. Javed Ghani
  • D. None of these

Explanation: Sima Kamil served as Deputy Governor of the State Bank of Pakistan during the period referred to by the question.

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Correct answer: Sima Kamil

156. Pakistan was ranked ________ on the Global Food Security Index of 2020 out of 113 countries?

Moderate
  • A. 70th
  • B. 75th
  • C. 80th
  • D. 85th

Explanation: Pakistan was placed around 80th among 113 countries in the 2020 Global Food Security Index, reflecting weaknesses in affordability…

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Correct answer: 80th

157. What is the rank of pakistan in the global startup ecosystem index 2021?

Very hard
  • A. 40
  • B. 60
  • C. 75
  • D. 85

Explanation: Pakistan was placed 75th in the Global Startup Ecosystem Index 2021. The ranking measures the strength and development of startup…

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Correct answer: 75

158. By which year Pakistan has pledged to the world, in a conference hosted by US that the country will shift to 60 percent clean energy and 30 percent of its overall vehicular fleet to electric energy.

Moderate
  • A. 2030
  • B. 2025
  • C. 2060
  • D. None of these

Explanation: At the US-hosted climate conference, Pakistan committed to obtaining 60 percent of its energy from clean sources and making 30 percent of…

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Correct answer: 2030

159. In July 2021 Pakistan received 2.5 m doses of ________vaccine from the USA.

Fairly easy
  • A. PFIZER
  • B. JOHNSON AND JOHNSON
  • C. MODERNA
  • D. NONE OF THESE

Explanation: The United States supplied Pakistan with 2.5 million doses of the Moderna COVID-19 vaccine in July 2021.

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Correct answer: MODERNA

160. Which of the following country becomes largest exporter of Camel meat worldwide 2020 according to Global Export survey of 2020?

Hard
  • A. Saudi Arabia
  • B. Iran
  • C. Kuwait
  • D. Pakistan

Explanation: Pakistan was reported as the world’s largest exporter of camel meat in 2020 according to the cited global export survey.

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Correct answer: Pakistan
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