Economy of Pakistan
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Q21.Which crop is called the golden fibre of Pakistan?
Correct Answer: B
Jute is traditionally called the golden fibre (mainly of former East Pakistan).
Q22.Which organization collects federal taxes in Pakistan?
Correct Answer: B
The Federal Board of Revenue (FBR) is responsible for federal tax collection.
Q23.Basmati rice of Pakistan is mainly grown in?
Correct Answer: B
The Kalar tract of Punjab is famous for Basmati rice.
Q24.Gwadar port is operated by which country's company?
Correct Answer: B
China Overseas Ports Holding Company took over Gwadar operations in 2013.
Q25.Kharif crops include?
Correct Answer: B
Kharif crops are sown in summer: rice, cotton, sugarcane, maize.
Q26.National Finance Commission (NFC) award distributes resources between?
Correct Answer: B
The NFC award distributes the divisible pool between the federation and provinces.
Q27.OGDCL deals with?
Correct Answer: B
The Oil & Gas Development Company Ltd is Pakistan's leading E&P company.
Q28.Pakistan's fiscal year runs from?
Correct Answer: C
Pakistan's financial year runs from 1 July to 30 June.
Q29.Rabi crops are sown in?
Correct Answer: B
Rabi crops (e.g., wheat) are sown in winter and harvested in spring.
Q30.Saindak project deals with which minerals?
Correct Answer: B
The Saindak project in Balochistan extracts copper and gold with Chinese collaboration.
Q31.The currency notes in Pakistan are issued by?
Correct Answer: C
The SBP has the sole authority to issue currency notes.
Q32.The first Pakistani coin/currency was issued in which year?
Correct Answer: B
Pakistan issued its own coins and notes in 1948.
Q33.WAPDA was established in which year?
Correct Answer: C
The Water and Power Development Authority was created in 1958.
Q34.Which economic corridor project connects Pakistan and China?
Correct Answer: C
The China-Pakistan Economic Corridor is a flagship of the Belt and Road Initiative.
Q35.Which is Pakistan's largest trading partner among these historically?
Correct Answer: B
China is Pakistan's largest trading partner and largest import source.
Q36.Which is the largest export item of Pakistan?
Correct Answer: B
Textiles and garments account for the majority of Pakistan's exports.
Q37.Chashma nuclear power plants were built with the help of?
Correct Answer: B
The Chashma (C-1 to C-4) plants were built with Chinese cooperation.
Q38.Cotton production is highest in which province?
Correct Answer: B
Punjab produces the bulk of Pakistan's cotton.
Q39.Diamer-Bhasha Dam will have a storage capacity of about?
Correct Answer: C
Diamer-Bhasha will store about 8.1 million acre-feet of water.
Q40.EOBI provides?
Correct Answer: B
The Employees Old-Age Benefits Institution provides pensions to private-sector workers.