Free Economy and Budget MCQs with Answers

351. The 2018 study shows__________ million active cellular subscribers mentioned on Pakistan Telecommunication Authority (PTA) website?

• A. 180 million
• B. 153 million
• C. 162 million
• D. 190 million

Explanation: The PTA figures cited in the 2018 study recorded about 153 million active cellular subscribers. This is a subscriber count, so it should not be confused with the percentage of people owning a phone.

352. How much Pakistan has managed to secure duty-free market access into China?

• A. $1 billion
• B. $2 billion
• C. $3 billion
• D. $4 billion

Explanation: Pakistan secured duty-free market access to China valued at about 1 billion dollars under the trade arrangements discussed in 2018. The figure refers to potential market access, not a cash loan or grant.

353. How many persons exposed by FIA who own properties in UAE?

• A. 44
• B. 45
• C. 46
• D. 48

Explanation: The FIA identified 44 Pakistanis who owned properties in the UAE during its investigation into undeclared overseas assets. The figure refers to persons exposed in that reported inquiry, not the total number of properties.

354. The newly integrated System, jointly launched in March 2018 by SECP and FBR, digitally registers companies and issues national tax number (NTN) also called virtual One-Stop Shop for Ease of doing Business registers ________ companies in first 6 months?

• A. 6000
• B. 7000
• C. 8000
• D. 9000

Explanation: The SECP-FBR virtual One-Stop Shop combines company incorporation with tax registration, reducing separate paperwork for businesses. It registered about 7,000 companies in its first six months, illustrating the system’s early uptake.

355. Saudi Arabia pledges to provide how many billions package to Pakistan?

• A. $4bn
• B. $5bn
• C. $6bn
• D. $7bn

Explanation: Saudi Arabia’s 2018 support package for Pakistan was valued at $6 billion: $3 billion in balance-of-payments support and $3 billion in deferred oil payments. This division explains why the announced amount was higher than the individual components.

356. How much worth of Oil, KSA agreed to one year differed payment facility for Pakistan?

• A. 1b$
• B. 2b$
• C. 3b$
• D. 4b$

Explanation: Saudi Arabia agreed to provide Pakistan with a deferred-payment oil facility worth $3 billion for one year. This arrangement helped Pakistan manage its foreign-exchange and balance-of-payments pressure.

357. According to UNFPA report 2018, Pakistan's population is__________ ?

• A. 207 millions
• B. 206 millions
• C. 205 millions
• D. 204 millions

Explanation: The UNFPA's 2018 estimate put Pakistan's population at about 207 million, broadly consistent with the 2017 census figure. The lower figures in the options reflect older population estimates.

358. Who is the Current Chairman of Pakistan Stock Exchange (PSX)?

• A. Sulaiman Mehdi
• B. Jahanzeb Khan
• C. Gul Bukhari
• D. None

Explanation: Sulaiman Mehdi was serving as Chairman of the Pakistan Stock Exchange in 2018. Jahanzeb Khan held other senior public-sector and corporate roles, but was not the PSX chairman at that time.

359. For how many years KSA will place a deposit of $3billion to support balance of payment in Pakistan?

• A. 1 year
• B. 2 years
• C. 3 years
• D. 4 years

Explanation: Saudi Arabia's three-billion-dollar balance-of-payments deposit was arranged for one year, with the facility subject to renewal. The question refers to the deposit itself, not the separate deferred oil-payment facility.

360. Which Oil Company Discovered Oil in Chiltan and Moro/ Mughal Kot Formations in Balochistan ?

• A. Mari Petroleum Company Limited
• B. Dewan Petroleum Company Limited
• C. Jura Energy Corporation
• D. Eastern Tesing Services

Explanation: Mari Petroleum Company Limited reported the discovery in the Chiltan and Moro/Mughal Kot formations of Balochistan. The other listed companies were not the operator credited with this discovery.