Free Economy and Budget MCQs with Answers

261. How many points Pakistan improved on Worlds Banks Ease of doing business Index 2020?

• A. 28
• B. 29
• C. 30
• D. 31

Explanation: Pakistan improved by 28 places in the World Bank’s Ease of Doing Business 2020 ranking, moving from 136th to 108th. The 28-place rise and the final rank should be remembered together.

262. Ranking of Pakistan of doing business according to Worlds Banks Ease of doing Business Index 2020?

• A. 108
• B. 109
• C. 110
• D. 111

Explanation: Pakistan ranked 108th in the World Bank’s Ease of Doing Business 2020 report. This followed a 28-place improvement from its previous position of 136th.

263. Pakistan resolved Karkey Rental Power case worth $1.2bn with the help of_________?

• A. China
• B. Russia
• C. Turkey
• D. None of these

Explanation: Pakistan resolved the Karkey rental-power dispute with Turkey’s assistance, avoiding the full financial consequences of the ICSID case. Karkey was a Turkish company, which explains why Turkey was central to the settlement.

264. Which country helped Pakistan against Karkey dispute and saved Pakistan from paying the $1.2 billion penalty imposed by the International Centre for Settlement of Investment Disputes (ICSID)?

• A. Turkey
• B. Iran
• C. Qatar
• D. None of these

Explanation: Turkey helped Pakistan settle the Karkey dispute and avoid the approximately $1.2 billion ICSID penalty. The Turkish connection arose from Karkey’s nationality and high-level bilateral intervention.

265. Which is Pakistan rank in Miserable Countries Ranking 2018?

• A. 16
• B. 34
• C. 40
• D. 56

Explanation: Pakistan was placed 34th in the 2018 ranking of miserable countries. Such rankings generally combine indicators such as inflation and unemployment, so they should not be confused with poverty rankings.

266. Federal cabinet approved first-ever e-commerce policy framework on __________?

• A. 30th Sept 2019
• B. 1st Oct 2019
• C. 2nd Oct 2019
• D. None of these

Explanation: The federal cabinet approved Pakistan's first e-commerce policy framework on 1 October 2019. The policy addressed online trade, digital payments, consumer protection and related logistics.

267. Which country to help Pakistan introduce genetically-engineered corn?

• A. China
• B. United States
• C. United Kingdom
• D. None of These

Explanation: The United States helped Pakistan introduce genetically engineered corn, particularly through biotechnology cooperation. China and the United Kingdom were not the country identified in this report.

268. According to United Nations latest estimate of 2019, Pakistan population is equivalent to ________ of the total world population?

• A. 2.51%
• B. 2.61%
• C. 2.71%
• D. 2.81%

Explanation: The UN's 2019 population estimate placed Pakistan at about 2.81% of the world's population. With a population of roughly 217 million against a world total near 7.7 billion, that percentage is the closest option.

269. Which two Power Plants Privatization is approved by the Cab­inet Committee on Privatisation (CCoP) on 18th Sept 2019?

• A. Balloki, Haveli
• B. Guddu, Nandipur
• C. Bin Qasim, Jabban Hydropower Plant
• D. Patrind, Jinnah hydropower project

Explanation: The Cabinet Committee on Privatisation approved the privatisation of the Balloki and Haveli power plants on September 18, 2019. Guddu and Nandipur were separate power projects and not the pair identified here.

270. According to SBP the Central Government's total domestic debt increased from Rs20.7 trillion to________trillion in July 2019.

• A. Rs 21 trillion
• B. Rs 22 trillion
• C. Rs 23 trillion
• D. Rs 24 trillion

Explanation: The central government's domestic debt rose from about Rs20.7 trillion to approximately Rs22 trillion in July 2019. This figure refers to domestic debt, not the broader total public debt.