Professional Documents
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1. The major government policies that can be used to pursue its macroeconomic goals
are
(A) fiscal policy and debt policy
(B) fiscal policy and monetary policy
(C) fiscal policy, debt policy and monetary policy
(D) fiscal policy, monetary policy and subsidies
10. The GDP growth target for the financial year 2017-18 is
(A) 5.5%
(B) 6.0%
(C) 6.5%
(D) 7.0%
13. Which sector is the major source of tax revenues for the government?
(A) agriculture
(B) industry
(C) services
(D) manufacturing
24. The three Stock Exchanges Karachi, Lahore and Islamabad were merged into
Pakistan Stock Exchange (PSX) on
(A) January 11, 2015
(B) February 13, 2015
(C) January 11, 2016
(D) February 13, 2016
25. Foreign exchange reserves of Pakistan reached the new historic high of
__________ on October 14, 2016.
(A) $24.5 billion
(B) $28.5 billion
(C) $32.5 billion
(D) $36.5 billion
26. Currently, about how many beneficiaries (families) are receiving financial help under
Benazir Income Support Program (BISP) of the government of Pakistan.
(A) 4.0 million
(B) 4.6 million
(C) 5.0 million
(D) 5.6 million
27. Currently, about 5.6 million beneficiaries are receiving financial help of __________
per annum under BISP of the government of Pakistan.
(A) Rs.15,338
(B) Rs.17,338
(C) Rs.19,338
(D) Rs.21,338
28. Prime Minister of Pakistan on September 15, 2015 announced a mega relief
package of __________ for small farmers.
(A) Rs.281 billion
(B) Rs.301 billion
(C) Rs.321 billion
(D) Rs.341 billion
31. The public consumption expenditures, in nominal terms, were __________ of the
GDP during the financial year 2015-16.
(A) 10.0%
(B) 11.8%
(C) 13.6%
(D) 15.4%
32. The public investment in nominal terms during financial year 2015-16 was
__________ of GDP.
(A) 3.82%
(B) 5.82%
(C) 7.82%
(D) 9.82%
33. The public investment growth rate during the financial year 2015-16 was recorded
as
(A) 8.63%
(B) 9.63%
(C) 10.63%
(D) 11.63%
34. The total national savings during the financial year 2015-16 were __________ of
GDP.
(A) 12.6%
(B) 14.6%
(C) 16.6%
(D) 18.6%
35. The total domestic savings during the financial year 2015-16 were __________ of
GDP.
(A) 4.3%
(B) 6.3%
(C) 8.3%
(D) 10.3%
36. Under the Prime Minister Agriculture package, the installation of production unit of
Halal meat that will be registered before December 31, 2016 will be given a
__________ exemption on income tax.
(A) two year
(B) three year
(C) four year
(D) five year
37. Under the agriculture package, the government would bear the __________
premium on the agricultural insurance.
(A) Rs.2.5 billion
(B) Rs.3.0 billion
(C) Rs.3.5 billion
(D) Rs.4.0 billion
41. The agriculture provides employment of about __________ of the country’s total
labour force.
(A) 35.7%
(B) 42.3%
(C) 49.9%
(D) 56.3%
42. The custom duty, sales tax and withholding tax on the agriculture machinery have
been reduced from 45% to
(A) 15%
(B) 13%
(C) 11%
(D) 9%
43. The sales tax on cold chain machinery has been reduced from 17% to
(A) 11%
(B) 9%
(C) 7%
(D) 5%
44. Under the PM agriculture package the traders of agriculture commodities, fruits,
vegetables and fish would get an exemption of __________ years on income tax.
(A) 2
(B) 3
(C) 4
(D) 5
45. Under the PM agriculture package the government would provide Rs.30 billion as
the __________ guarantee to banks on loans.
(A) 40%
(B) 45%
(C) 50%
(D) 55%
46. The growth rate in the agriculture sector during the financial year 2015-16 was
(A) −0.19%
(B) 3.71%
(C) 5.71%
(D) 6.80%
47. The growth rate in the industry sector during the financial year 2015-16 was
(A) −0.19%
(B) 3.71%
(C) 5.71%
(D) 6.80%
48. The growth rate in the services sector during the financial year 2015-16 was
(A) −0.19%
(B) 3.71%
(C) 5.71%
(D) 6.80%