Selected MCQ

Current Question
Pakistan’s austerity measures in early 2026 included all EXCEPT:
  • A. Four-day work week for government offices
  • B. 50% cut in official vehicle fuel allowances
  • C. Closure of the Karachi stock exchange
  • D. Salary cuts for state enterprise employees
Correct Answer: C
Explanation:
There was no closure of the stock exchange; the other austerity steps were implemented.
Related Question 1
By what percentage were state-owned enterprise employee salaries cut under Pakistan’s early 2026 austerity measures?
  • A. 1-5%
  • B. 5-30%
  • C. 40-50%
  • D. 60-80%
Correct Answer: B
Explanation:
SOE staff salaries were cut by 5% to 30% as part of austerity.
Related Question 2
Pakistan’s 2026 Poverty Reduction Strategy included digital finance by:
  • A. Expanding QR code payments in microfinance
  • B. Distributing gold coins to the poor
  • C. Only cash handouts
  • D. None of the above
Correct Answer: A
Explanation:
Programs aimed to integrate the poor into digital finance, e.g. mobile wallet subsidies.
Related Question 3
Which new tax was introduced in Pakistan for the first time in the early 2026 budget?
  • A. Digital services tax on social media advertisements
  • B. Property tax on penthouses
  • C. Tax on walking dogs
  • D. 100% tax on moonlight
Correct Answer: A
Explanation:
The budget proposed a 15% tax on digital services like online advertising revenue.
Related Question 4
Pakistan’s CPEC (China-Pakistan Economic Corridor) Phase-II priorities announced in 2026 included:
  • A. Tech parks, industrial estates, and agriculture transformation
  • B. Building pyramids in Karachi
  • C. Expanding ties with India along the corridor
  • D. Mining diamonds in Punjab
Correct Answer: A
Explanation:
The focus was on linking CPEC to IT parks, special economic zones, and modern agri projects.
Related Question 5
The Pakistani rupee’s performance in early 2026 was:
  • A. Appreciating against the US dollar
  • B. Depreciating but stabilizing near 285 to USD
  • C. Pegged at 100 per USD
  • D. Abolished in favor of barter
Correct Answer: B
Explanation:
The rupee eased but the central bank managed stability around mid-280s to the dollar.