Free Economy and Budget MCQs with Answers

31. According to a report of the FAO released on October 11, 2024, Pakistan has been listed among the 20 countries at risk of dry conditions due to which weather phenomenon expected to emerge in late 2024 and persist into early 2025?

• A. El Nino
• B. La Nina
• C. Southern Oscillation (ENSO)
• D. None of the Above

Explanation: La Niña was expected to emerge in late 2024 and continue into early 2025, bringing weather patterns that could increase dry-condition risks in Pakistan. El Niño is the opposite phase of the Pacific climate cycle.

32. World's 4th largest oil & gas reserves found in ___________?

• A. Africa
• B. Russia
• C. Pakistan
• D. Afghanistan

Explanation: Pakistan is often described as possessing the world's fourth-largest shale oil and gas reserves, not necessarily the fourth-largest total conventional reserves. The option refers to Pakistan's shale-resource estimate.

33. Which company has launched UgAi, the first integrated agricultural e-commerce platform of Pakistan?

• A. Fauji Fertilizers
• B. Engro Fertilizers
• C. Fatima Fertilizers
• D. Agritech Fertilizers

Explanation: Engro Fertilizers launched UgAi as Pakistan's first integrated agricultural e-commerce platform. It connects farmers with agricultural inputs and related services through a digital marketplace.

34. What is the Current Rank of Pakistan in Global Hunger Index 2024 ?

• A. 64th
• B. 33rd
• C. 82nd
• D. 109th

Explanation: Pakistan stood at 109th in the 2024 Global Hunger Index and remained in the serious hunger category. A lower numerical position here reflects a more severe hunger situation relative to better-ranked countries.

35. What is the Rank of Pakistan in Global innovation Index ( GII) 2024 ?

• A. 67th
• B. 79th
• C. 91st
• D. 100th

Explanation: Pakistan was placed 91st in the Global Innovation Index 2024. The index compares economies through indicators such as research, technology, human capital and knowledge output.

36. Which company has been granted a license by the Engineering Development Board (EDB) to assemble Pakistan's first electric SUV?

• A. Pak Suzuki Motors
• B. Regal Automobiles
• C. Honda Atlas Cars
• D. Toyota Indus Motors

Explanation: Regal Automobiles received the Engineering Development Board licence to assemble Pakistan's first electric SUV. The other listed companies are established conventional vehicle manufacturers, but were not the company named in this announcement.

37. The Asian Development Bank ( ADB ) has Projected that Pakistan's Economy for the Fiscal Year 2025 will grow by_______?

• A. 2.1%
• B. 2.3%
• C. 2.5%
• D. 2.8%

Explanation: The Asian Development Bank's Asian Development Outlook projected Pakistan's FY2025 economic growth at 2.8 percent. This was a modest recovery forecast following the country's severe macroeconomic pressures.

38. In the Travel and Tourism index 2024 of World Economic Forum ( WEF ) , Pakistan Ranks out of 119 countries.

• A. 99
• B. 101
• C. 111
• D. 119

Explanation: The World Economic Forum's 2024 Travel and Tourism Development Index placed Pakistan at 101st among 119 economies. The figure is a rank, not a percentage or a total number of countries.

39. Official data showed on September 2, 2024, after how many months Pakistan's consumer inflation has dropped to single digit, eased to 9.6% in August compared to the high rate of 27.4% in the same month last year?

• A. 30
• B. 34
• C. 38
• D. 40

Explanation: August 2024 inflation fell to 9.6%, the first single-digit reading after 34 months, compared with 27.4% in August 2023. The period is measured from Pakistan’s previous high-inflation readings, not simply from the same month a year earlier.

40. Which organization has launched a cash assistance program to provide financial support to vulnerable households in Tharparkar, Umerkot and Dadu?

• A. World Bank
• B. Food and Agriculture Organization (FAO)
• C. UNICEF
• D. World Trade Organization

Explanation: The Food and Agriculture Organization launched the cash assistance programme for vulnerable households in Tharparkar, Umerkot and Dadu. FAO’s role here was humanitarian and livelihood support, not trade or general development lending.