Pakistan Economy
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Q61.What was the revised GDP growth rate of Pakistan for FY2020-21?
Correct Answer: C
Pakistan's GDP growth rate for FY 2020-21 was re-based and revised upward to 5.74%.
Q62.How much remittances did overseas Pakistanis send in the first quarter (July-Sept 2021) of FY22?
Correct Answer: B
Worker remittances reached a record $8.0 billion in Q1 FY22, reflecting strong inflows from Saudi Arabia and UAE.
Q63.Prime Minister Imran Khan inaugurated the Matiari-to-Lahore CPEC transmission line of what voltage capacity on Sept 30, 2021?
Correct Answer: B
The 878km 600kV High-Voltage Direct Current (HVDC) Matiari-Lahore transmission line was built under CPEC with 4,000 MW capacity.
Q64.Which South American nation officially budgeted funds to acquire 12 JF-17 Thunder Block-III jets from Pakistan in 2021?
Correct Answer: C
Argentina included a $664 million line item in its draft defense budget for 12 JF-17 Block III fighters from PAC Kamra.
Q65.Who was appointed as the Special Assistant to the Prime Minister (SAPM) for CPEC in August 2021 following Gen. Asim Saleem Bajwa's resignation?
Correct Answer: B
Khalid Mansoor was appointed as SAPM on CPEC Affairs in August 2021 to oversee CPEC infrastructure and energy projects.
Q66.Who served as Deputy Governor of the State Bank of Pakistan (SBP) appointed in 2020?
Correct Answer: A
Sima Kamil was appointed as Deputy Governor of SBP in July 2020, becoming the first woman to hold the executive position.
Q67.State Bank of Pakistan in partnership with the Bill & Melinda Gates Foundation launched which instant digital payment system on Jan 11, 2021?
Correct Answer: A
Raast is Pakistan's first real-time instant payment system designed to boost financial inclusion.
Q68.On 25 June 2020, the State Bank of Pakistan cut the benchmark policy rate to what percentage?
Correct Answer: B
SBP reduced the policy rate by 100 bps to 7% to cushion the economic fallout of COVID-19 lockdowns.
Q69.In May 2020, the World Bank restored budgetary support for Pakistan by approving a policy loan worth?
Correct Answer: C
The 'Resilient Institutions for Sustainable Economy' (RISE) program loan helped strengthen fiscal management.
Q70.For the year 2020 (1440-41 AH), the State Bank of Pakistan fixed the Nisab for Zakat deduction on bank accounts at?
Correct Answer: B
Accounts maintaining a minimum balance of Rs 46,329 on 1st Ramadan were subject to 2.5% Zakat deduction.
Q71.In March 2020, SBP aggressively slashed the policy rate in emergency meetings from 13.25% down to?
Correct Answer: A
SBP reduced the rate by 75 bps to 12.5% on March 17, followed by further rapid cuts down to 7%.
Q72.World Bank approved a loan of $406 million for Pakistan for the construction of which Economic Corridor in December 2019?
Correct Answer: B
The World Bank approved $406 million in December 2019 to construct the Khyber Pass Economic Corridor (KPEC) connecting Peshawar to Torkham.
Q73.China-Pakistan Economic Corridor (CPEC) starts at__________?
Correct Answer: C
CPEC connects Kashgar in Xinjiang, China to Gwadar Port in Balochistan, Pakistan.
Q74.What was the recorded GDP growth rate of Pakistan in 2019 ?
Correct Answer: A
Pakistan's GDP growth rate decelerated to 3.30% in fiscal year 2018-19.
Q75.According to SBP figures, the Central Government's total domestic debt rose to what figure by July 2019?
Correct Answer: B
SBP data showed central government domestic debt surged to Rs 22.6 trillion by July 2019.
Q76.According to SBP figures, the Central Government's total public debt stood at what amount at the end of July 2019?
Correct Answer: A
Total public debt reached Rs 33.02 trillion by July 2019 due to currency depreciation and budget deficits.
Q77.Under FBR tax rules enforced in 2019, buyers making retail purchases exceeding what amount must show their CNIC number?
Correct Answer: B
FBR made CNIC disclosure mandatory for sales tax invoices on business-to-consumer transactions above Rs 50,000.
Q78.What was the total outlay of the Federal Budget of Pakistan for the fiscal year 2019-20 presented in June 2019?
Correct Answer: B
Federal Minister Hammad Azhar presented the FY 2019-20 federal budget in the National Assembly with a total outlay of Rs 7,022 billion (Rs 7.022 trillion).
Q79.The State Bank of Pakistan signed a $3 billion deposit agreement with the Abu Dhabi Fund for Development (ADFD) on:
Correct Answer: A
SBP Governor Tariq Bajwa signed the $3 billion balance-of-payments support agreement with ADFD in Abu Dhabi on January 22, 2019.
Q80.How many Special Economic Zones (SEZs) are approved under the China-Pakistan Economic Corridor (CPEC) framework?
Correct Answer: C
Under CPEC, 9 Special Economic Zones were prioritized across Pakistan, including Rashakai (KP), Allama Iqbal Industrial City (Faisalabad), and Dhabeji (Sindh).