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MCQ Practice

Pakistan Affairs / Pakistan Studies (Post-Independence) MCQs

Regulation of the corporate sector and capital market in Pakistan is included in the mandate of ____.

  • A. Corporate and Capital Market Commission
  • B. Pakistan Corporations Association
  • C. Business Association
  • D. Securities and Exchange Commission of Pakistan
Explanation:
The Securities and Exchange Commission of Pakistan (SECP) regulates corporate and capital markets.

GSP plus provided how much relief for Pakistani goods?

  • A. 63%
  • B. 66%
  • C. 69%
  • D. None of these
Explanation:
GSP+ provides duty-free access for many Pakistani exports to the EU.

Pakistan imports maximum goods from ____.

  • A. USA
  • B. UK
  • C. China
  • D. None of these
Explanation:
China is Pakistan's largest import partner.

Which is the largest industry of Pakistan?

  • A. Leather
  • B. Textile
  • C. Garments
  • D. None of these
Explanation:
The textile industry is the largest in Pakistan.

What is Pakistan's biggest export?

  • A. Textiles
  • B. Handmade Carpets
  • C. Leather and Garments
  • D. Sports Goods
Explanation:
Textiles and textile products are Pakistan's largest export category.

Pakistan uses Palm oil in the Banaspati Ghee industry. From which country is Palm oil mainly imported?

  • A. China
  • B. Brazil
  • C. USA
  • D. Malaysia
Explanation:
Malaysia is the largest exporter of palm oil to Pakistan.

TDAP is responsible for ____.

  • A. Export Promotion
  • B. Investment Promotion
  • C. Power Load Management
  • D. Water distribution
Explanation:
The Trade Development Authority of Pakistan (TDAP) promotes exports.

OGRA stands for ____.

  • A. Oil & Gas Regulation Authority
  • B. Oil & Gas Regulatory Authority
  • C. Oil & Gas Restoration Authority
  • D. None of these
Explanation:
OGRA is the Oil and Gas Regulatory Authority of Pakistan.

What is called the reduction in the rate of currency?

  • A. Devolution
  • B. Devaluation
  • C. Price cap
  • D. Cut-rate
Explanation:
Devaluation refers to the reduction in the value of a country's currency.

Financial year of Pakistan starts from ____.

  • A. 30-Jun
  • B. 1st July
  • C. 1-Jun
  • D. 30-Jul
Explanation:
Pakistan's fiscal year runs from 1 July to 30 June.