Free Economy and Budget MCQs with Answers

241. __________ Bank has been awarded the license to become the first Pakistani bank to offer financial services to clients in Beijing, China?

• A. Habib Bank Limited (HBL)
• B. Meezan Bank Limited (MBL)
• C. Askari Bank Limited (ABL)
• D. United Bank Limited (UBL)

Explanation: HBL received the licence to become the first Pakistani bank to provide financial services to clients in Beijing. This marked an expansion of Pakistan’s banking presence in China.

242. How much money did NAB recover from corrupt elements in 2019?

• A. Rs 90 billion
• B. Rs 120 billion
• C. Rs 150 billion
• D. Rs 300 billion

Explanation: NAB reported recovering about Rs150 billion from corrupt elements during 2019. The larger figures in the options are not the amount cited in that annual recovery claim.

243. Pakistan received second tranche of $454 million from the International Monetary Fund (IMF) on _______?

• A. 19 December 2019
• B. 23 December 2019
• C. 26 December 2019
• D. 27 December 2019Everyday Science Quiz

Explanation: Pakistan received the IMF’s second tranche of about $454 million on 26 December 2019 under the Extended Fund Facility. The date is distinct from the earlier December dates listed.

244. EXIM Bank of Korea signed loan of $80 million with Pakistan on___________?

• A. 1 December 2019
• B. 13 December 2019
• C. 17 December 2019
• D. 20 December 2019

Explanation: Korea’s EXIM Bank signed the $80 million loan agreement with Pakistan on 20 December 2019. The agreement was linked to development financing rather than a regular commercial bank facility.

245. Federal government removed _________ beneficiaries from Benazir Income Support Programme (BISP) as "undeserving".

• A. 600,165
• B. 720,165
• C. 820,165
• D. None of these

Explanation: The government removed 820,165 beneficiaries from BISP after identifying them as undeserving, including some government employees and their spouses. The figure is much higher than the two smaller numerical options.

246. Pakistan Petroleum Limited (PPL) has discovered gas, hydrocarbon reserves an exploratory well Bistro-1 in which district of Sindh?

• A. Jacobabad
• B. Khairpur
• C. Sanghar
• D. Thar

Explanation: PPL’s Bistro-1 exploratory well discovery was reported in Khairpur district of Sindh. Jacobabad, Sanghar and Thar are also energy-related areas, but they were not the location named for Bistro-1.

247. Pakistan Petroleum Limited (PPL) has discovered gas, hydrocarbon reserves an exploratory well Margand X-1 in__________?

• A. Chagi, Balochistan
• B. Kalat, Balochistan
• C. Mardan, KPK
• D. Jhelum, Punjab

Explanation: The Margand X-1 exploratory well was located in Kalat district of Balochistan. Chagai is another Balochistan district, which makes it the likely geographical distractor.

248. Founder of Bahria Town, Malik riaz was fined of_________ by United Kingdom's National Crime Agency (NCA)?

• A. About 38.5 billion rupees
• B. About 38 billion rupees
• C. About 37 billion rupees
• D. About 37.5 billion rupees

Explanation: The UK National Crime Agency settlement involving Malik Riaz’s family was valued at about £190 million, reported at roughly Rs38.5 billion at the time. It was a settlement involving property and funds rather than a conventional criminal fine.

249. Fatima Fertilizers start a compaign to recognize the farmers of Pakistan, what is the name of that compaign??

• A. Salam Kissan kisaan
• B. Digital kisaan
• C. Life kisaan
• D. None of these

Explanation: Fatima Fertilizer named its farmer-recognition campaign “Salam Kissan Kisaan.” The title combines a greeting with the Urdu term for farmer, making it distinct from the generic-sounding alternatives.

250. For eradication of Polio in Pakistan, Japan to provides grant aid of ___________?

• A. $3 millions
• B. $4 millions
• C. $4.5 millions
• D. $5.3 millions

Explanation: Japan provided a grant of $4.5 million to support Pakistan’s polio-eradication efforts. The question concerns grant assistance, not a domestic budget allocation.