Economy, Projects & Development — Part 5: 40 MCQs with Explanations

Qatar is the correct answer to “Which Country has lifted ban on import of Pakistani Rice”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Mirjaveh city is the correct answer to “Iran-Pakistan Free Economic Zone is going to establish in which city to increase bilateral trade with Pakistan”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

23 January 2019 is the correct answer to “When Finance Minister Asad Umar presented the third finance bill 2018-19 (Mini-Budget) in the National Assembly”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Facebook is the correct answer to “Which social media site announced that it will invest $300 million over three years in various projects related to journalism”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Brexit deal got turned down by the British Parliament with vote score of 432-202 .

University of Agriculture in Faisalabad Pakistani University is rebranding Valentine’s Day as Sister’s Day and debating marking the holiday widely seen as a Western import by handing out headscarves and shawls to its female student.

9.2 billions is the correct answer to “How much amount Raised till 17th January 2019 in Dam fund on the day of retirement of Chief Justice Mian Saqib Nisar”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

9 is the correct answer to “CPEC has how many Special Economic Zones”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

The under construction Gulpur Hydropower Project to generate 102 MW of electricity is located in Kotli .

Multan metro bus project funded by Punjab Government .

The government of Pakistan has decided to launch Panda Bonds to raise loans from Chinese Capital Markets.

Japan is the correct answer to “European Parliament approved the world’s largest free trade agreement between which country and the EU”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

ADB is the correct answer to “Which Bank recently has proposed a $7.5-billion lending programme for Pakistan for next three years”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

According to a study by Global Carbon Project, China ranks 1st highest emitter of carbon dioxide in the world.

Canada and Mexico is the correct answer to “United States has signed trade pact with which of the following countries to replace North American Free Trade Agreement (NAFTA)”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Afghanistan has hosted talks with Pakistan & China in capital to discuss trade, development and ending the region’s relentless conflicts on 15th DEC 2018.

Pakistan has received second tranche of $1 billion Saudi aid on 14th DEC 2018.

In G-20 Summit 2018 , China and the United States have agreed to halt additional tariffs in a deal that keeps their trade war from escalating, as the two sides try again to bridge their differences with fresh talks aimed at reaching an agreement within 90 days.

Pakistan has decided to build Kartarpur Corridor in Nankana Sahib.The corridor will provide visa-free access to the Indian Sikh pilgrims to the shrine.

Seychelles is the correct answer to “Which Country, on October 29, 2018 launched the world’s first Sovereign Blue Bond, a financial instrument designed to support sustainable marine and fisheries projects”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Pakistan has invited Indian Foreign minister for the historic groundbreaking of the Kartarpur corridor for Sikh pilgrims.

Chief justice of Pakistan arrived in London for a week-long trip for fundraising of Diamer-Bhasha dam on 21st November 2018.

DG Cement is the correct answer to “Which of the following Company get penalized by Supreme Court amounting for Rs100 million in dam fund”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

The State Bank of Pakistan (SBP) has received the first tranche of $1 billion under the balance of payment support from S.Arabia on 19th November 2018.

Supreme Court of Pakistan has ordered D.G Khan Cement Company Limited to deposit RS 100 million into the SC Dam Fund as penalty in the Katas Raj pond case.

According to the 2018 report of Brown University’s Costs of War Project: the War-related violence has killed 65,000 People in Pakistan in the last 17 years.

The Assets Recovery Unit (ARU) of the government has traced over 5000 fake bank accounts which were allegedly used to stash billions of dollars abroad.

8 countries is the correct answer to “How many Countries are given exemption to receive a waiver from U.S. sanctions on oil trade with Iran”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

New Era, Shared Future is the correct answer to “What is the Slogan of The first China International Import Expo held at Shanghai in Nov,2018”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Jhelum is the correct answer to “At which river the first hydropower investment project of the China-Pakistan Economic Corridor (CPEC), the Karot Hydro power Station is being Constructed”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

China and America is the correct answer to “Recently Trade war has been started between which two Countries”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Prime Minister Imran Khan will lay foundation stone of Kartarpur corridor on 28th November 2018 , as both India and Pakistan has reached Sikh temple deal.

Shanghai is the correct answer to “China is going to host a mega event International Import Expo in November 2018 in which city”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

China is the correct answer to “Which Country is going to host a Mega Event of International Import Expo in November 2018”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Recently China Sets Tariffs On $60 Billion In U.S. Goods, Retaliating Against U.S. Duties $200 bn on Chines goods.

18 is the correct answer to “How many NGO’s or international aid agencies are ordered Govt to shut down operations and leave the country Pakistan has ordered how many NGO’s or international aid agencies to shut down operations and leave the country on 4 Oct 2018”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

3 is the correct answer to “How many agreements signed between Pakistan and Saudi Arabia on CPEC Projects”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Saudi Arabia is the correct answer to “Which is the First Country that has been invited by Pakistan to become the Third Partner in CPEC”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Argentina is the correct answer to “Which country hosted the 2018 G-20 trade and investment ministerial meeting”. Items of this type are drawn from the Economy, Projects & Development — Part 5 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

The Supreme Court of Pakistan has ordered Asif Ali Zardari & Pervez Musharraf to submit complete details of their assets and bank accounts of past 10 years within three weeks on 29th August 2018.