Economy, Projects & Development — Part 3: 40 MCQs with Explanations

In June 2020 China announced tariff exemption for 97% of exports from Bangladesh .

The Federal budget for the fiscal year 2020-2021 announced on June 12, 2020 .

State Bank of Pakistan on 25 June 2020 reduced the policy rate to 7% .

New-Zealand is the correct answer to “According to the Open Budget Survey 2019, Which of the following country Topped in terms of budget transparency and accountability”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Bank of England is the correct answer to “In May, 2020 Venezuela started legal proceedings against which bank to force it to release $1 billion worth of Venezuelan gold kept in reserve”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Afghan president Ashraf Ghani and his rival Abdullah signed a “power sharing deal” on 17 May,2020 .

Nisab For Zakat deduction on banks accounts was fixed at Rs46,329 by the SBP for 2020:.

The committee for a Responsible Federal Budget is projecting the US budget deficit to exceed $ 3.8 trillion this year.

United States has renewed wavier for Iraq to import electricity from which Iran country.

12.50% is the correct answer to “What is the latest Policy Rate of State Bank of Pakistan revised in March 2020”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Doha is the correct answer to “Where Afghan-Peace-Deal was signed”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Taliban & USA is the correct answer to “Afghan Peace Deal was signed between”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

29.02.2020 is the correct answer to “On which date US-Taliban sign historic Peace deal”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Jordan and Egypt is the correct answer to “Which Two Countries have Peace deal with ISRAEL”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Prime Minister Imran Khan inaugurated Azakhel dry port Dry Port in Nowshera on 10 January 2020.

EXIM Bank of Korea signed loan of $80 million with Pakistan on 20 December 2019 .

For eradication of Polio in Pakistan, Japan to provides grant aid of $4.5 millions .

Kuram is the correct answer to “The Chapari Darkhel Dam, a 10.5 MW Hydropower Project is being constructed in which district of KPK”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Kamyab Jawan Program is the correct answer to “Through which program PTI Government is providing soft loans to youth for small business”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

ADB is the correct answer to “Which Bank approved $1.3 billion in loans for Pakistan for emergency budgetary support on Dec 06, 2019”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Khalil Hashmi is the correct answer to “Which Pakistani ambassador has been elected President of the 11th session of the UN Commission on Trade and Development”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Australia and USA is the correct answer to “Recently Afghan taliban had released two western professors in a prisoners swap exchange deal with Govt. They belong to”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Kohistan is the correct answer to “Dasu Hydropower project is being constructed in which district of Khyber Pakhtunkhwa”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Indus is the correct answer to “Dasu Hydropower project is being constructed on upstream of which river”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

4320 MW is the correct answer to “Dasu Hydropower project will produce how many megawatts of electricity”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

WAPDA signed ‘Dasu Hydropower project’ contract worth Rs Rs 52.5 Billion Billion on November 25, 2019.

Sabakzai Dam is being constructed under WAPDA vision 2025 in Balochistan .

Manmohan Singh is the correct answer to “Which Ex Indian PM visited Pakistan on occasion of Kartarpur Corridor inauguration”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

108 is the correct answer to “Ranking of Pakistan of doing business according to Worlds Banks Ease of doing Business Index 2020”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

5000 is the correct answer to “As per agreement on Kartarpur Corridor, How many many Sikhs can travel daily to Gurdwara Kartarpur-Sikhism’s holiest pilgrimage site in Narowal District of Punjab (Pak)”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

28 is the correct answer to “How many points Pakistan improved on Worlds Banks Ease of doing business Index 2020”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Turkey is the correct answer to “Which country helped Pakistan against Karkey dispute and saved Pakistan from paying the $1.2 billion penalty imposed by the International Centre for Settlement of Investment Disputes (ICSID)”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Venezuela is the correct answer to “Currently, which south american country is facing hyper inflation and shortage of food problem”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Former captain Shahid Afridi launches a new project named as Road to Education Tour on 15th October, 2019.

Pakistan AND India signed Kartarpur corridor agreement on 24 October .

Pakistan and India signed the historic agreement on Kartarpur Corridor on 24th Oct 2019 .

Article 149 is the correct answer to “Under which article of the Constitution of Pakistan; The federal government’s authority can be extended to any subjected province to deal with any grave threat to the peace or tranquility or economic life of the country”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

12 july 2019 is the correct answer to “When P.M Imran Khan inaugurated the first Naya Pakistan Housing Project (NPHP) for the general public”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

World freest economy with low taxes and lack of trade barriers is Hong Kong .

July 5-2019 is the correct answer to “Prime Minister of Pakistan Imran khan inaugurated Road to Makkah project at the Islamabad international airport on”. Items of this type are drawn from the Economy, Projects & Development — Part 3 syllabus of Pakistani competitive exams, where the fact is tested verbatim.