Free Economy and Budget MCQs with Answers

131. Which country will give it's nationality to foreign investors?

• A. Pakistan
• B. India
• C. Sri Lanka
• D. China

Explanation: Pakistan announced that it would consider granting nationality to eligible foreign investors as an investment incentive. This policy was intended to attract foreign capital and promote economic activity.

132. Global Economic Prospects report 2022, by the World Bank forecasts _______% growth rate for Pakistan in the current fiscal year(2021-22)?

• A. 4.1%
• B. 3.8%
• C. 3.9%
• D. 3.4%

Explanation: The World Bank’s January 2022 Global Economic Prospects report projected Pakistan’s growth at 3.4% for fiscal year 2021-22. This forecast was below the higher estimates listed in the other options.

133. Which parliamentarian paid the highest tax among parliamentarians in 2019?

• A. M yaqoob Shaikh
• B. M. Najeeb Haroon
• C. Saleh Muhammad
• D. Shaukat Ali

Explanation: M. Najeeb Haroon was reported as the highest-tax-paying parliamentarian for 2019. The comparison was based on tax records of parliamentarians, not on parliamentary seniority or political office.

134. Pakistan acquires USD ____ billion loans in Fiscal year 2020-21.

• A. USD 12.32 billion
• B. USD 13.32 billion
• C. USD 15.32 billion
• D. None of these

Explanation: Pakistan acquired approximately 15.32 billion US dollars in loans during fiscal year 2020-21. This figure represents external borrowing during the fiscal year, rather than the country's total outstanding debt.

135. PTI government received about $ _____ billion in foreign loans during the first five months (July November) of the current fiscal year, 2021.

• A. $4.2 billion
• B. $4.4 billion
• C. $4.6 billion
• D. $4.8 billion

Explanation: The PTI government received approximately 4.6 billion US dollars in foreign loans during the first five months of fiscal year 2021-22. The period covered July through November, not the entire fiscal year.

136. Recently, PIA gets its first Airbus flight simulator, Named?

• A. Airbus A220
• B. Airbus A320
• C. Airbus A370
• D. None of these

Explanation: PIA acquired an Airbus A320 flight simulator, matching its main narrow-body aircraft type. A220 and A370 are not the simulator designation reported in this news.

137. A smallest telecom player in Pakistan is _________?

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

Explanation: Ufone was described as Pakistan's smallest major telecom operator by subscriber market share at the time. Jazz, Telenor and Zong each had larger reported subscriber bases in that comparison.

138. What is the GDP growth of Pakistan in 2021 ?

• A. 2.5
• B. 3.9
• C. 4.2
• D. None of these

Explanation: Pakistan's GDP growth for fiscal year 2021 was reported as 3.9 percent. The 2.5 and 4.2 figures refer to other estimates or periods rather than the officially cited 2021 growth rate.

139. Which renowned Mobile company is going to start its production in Pakistan?

• A. Apple
• B. Samsung
• C. Sony Ericsson
• D. Realme

Explanation: Samsung announced plans to begin mobile-phone production in Pakistan through a local manufacturing or assembly facility. Apple, Sony Ericsson and Realme were not the company identified in this announcement.

140. What is the rank of Pakistan in "TRACE Global Bribery Risk ranking 2021"?

• A. 74 out of 194 countries
• B. 150 out of 194 countries
• C. 156 out of 194 countries
• D. 180 out of 194 countries

Explanation: In the 2021 TRACE Bribery Risk Matrix, Pakistan ranked 150th out of 194 countries. A higher rank in this index reflects greater perceived exposure to commercial bribery risk.