Free Economy and Budget MCQs with Answers

508 Economy and Budget MCQs from Pakistan Current Affairs, each with the correct answer and a written explanation of why it is correct. Free and unlimited, with no account needed.

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508 questions · page 40 of 51

391. As per Global Slavery Index, Pakistan has ranked ______ out of 167 countries.

  • A. 3rd
  • B. 5th
  • C. 6th
  • D. 4th
  • E. 7th

Explanation: Pakistan ranked sixth among 167 countries in the Global Slavery Index. A lower numerical rank indicates a more severe prevalence of modern slavery relative to other countries.

Correct answer: 6th

392. Pakistan is going to sign a $10 billion offshore gas pipeline deal with which country in June 2018?

  • A. Russia
  • B. Germany
  • C. China
  • D. Japan

Explanation: Pakistan and Russia discussed a major offshore gas pipeline and related energy cooperation estimated at about 10 billion dollars. China was associated with other major pipeline and CPEC projects, which makes Russia the intended answer.

Correct answer: Russia

393. KIA lucky motors has launched Grand Carnival, it's first passenger car in Pakistan. KIA motors is an auto manufacturer company of which country?

  • A. S.Korea
  • B. N.korea
  • C. Japan
  • D. China

Explanation: Kia Motors is a South Korean automobile manufacturer, although its vehicles are sold and assembled in many countries. North Korea, Japan and China are separate automotive markets and do not identify Kia’s origin.

Correct answer: S.Korea

394. SBP will provide fresh notes service for Eid-ul-fitr 2018. The service will be provided through _________ e-branches in 132 cities across Pakistan?

  • A. 1000
  • B. 1200
  • C. 1535
  • D. 1735

Explanation: The State Bank’s “Fresh Currency Notes” service for Eid 2018 operated through 1,535 e-branches in 132 cities. The e-branch figure, rather than the number of cities, is the key detail tested here.

Correct answer: 1535

395. SBP has initiated a SMS service for getting a code. By showing this code in the designated branches, one can get ________fresh note?

  • A. 3 pack of 10 RS
  • B. 1 pack of 50 RS
  • C. 1 pack of 100 RS
  • D. All of the above

Explanation: The SBP SMS facility issued a code that could be presented at designated bank branches to obtain fresh-note packets: three packets of Rs10 and one packet each of Rs50 and Rs100. Therefore, all the listed options were available.

Correct answer: All of the above

396. SBP has announced to issue RS _______ fresh note for Eid-ul-fitr 2018?

  • A. 300bn
  • B. 250bn
  • C. 350bn
  • D. 400bn

Explanation: For Eid-ul-Fitr 2018, the State Bank announced fresh currency notes worth approximately Rs350 billion. The amount refers to the total planned issue, not the denomination of an individual note.

Correct answer: 350bn

397. Which of the following department has decided to quit Pakistan domestic circuit?

  • A. HBL
  • B. UBL
  • C. NBP
  • D. SNGPL

Explanation: United Bank Limited announced its withdrawal from Pakistan's domestic cricket sponsorship circuit. HBL, NBP and SNGPL were not the department identified in this report.

Correct answer: UBL

398. Pakistan has signed MOU for financial cooperation on 30th May 2018 with which country?

  • A. Poland
  • B. Hungary
  • C. Ukraine
  • D. Germany

Explanation: Pakistan signed the financial-cooperation memorandum of understanding with Poland on 30 May 2018. Poland was the only European country among the options identified in the report.

Correct answer: Poland

399. How many percent shared holding of offshore drilling in Pakistan has been acquired by US energy giant ExxonMobil?

  • A. 50
  • B. 40
  • C. 25
  • D. 10

Explanation: ExxonMobil acquired a 25 percent participating interest in an offshore exploration consortium in Pakistan. The stake was part of the company's return to Pakistan's upstream energy sector.

Correct answer: 25

400. Government of Pakistan decided to increase the size of health warning to 85%. But due to tobacco companies Interference , Government has decided to increase the size to _________%?

  • A. 10-20
  • B. 20-30
  • C. 50-60
  • D. 60-70

Explanation: The government initially planned to expand the warning to 85%, but tobacco-industry pressure resulted in a reduced target of about 50%. Thus the applicable range is 50–60%, not the originally proposed 85%.

Correct answer: 50-60