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The MCQs below are drawn from the Business Administration subject category.
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701
Which governance metric is specifically designed to assess the perceived levels of public sector corruption across different nations?
The Corruption Perceptions Index (CPI), published by Transparency International, is the primary global metric used to rank countries based on how corrupt their public sector is perceived to be by experts and business people.
Consider the following statements about the US military campaign against Iran:
1. Operation Epic Fury lasted for a duration of 40 days.
2. The campaign officially commenced on February 28, 2026.
3. The Pentagon has provided a comprehensive and public list of all aircraft losses to Congress.
Which of the statements given above is/are correct?
Statements 1 and 2 are factually accurate regarding the duration and start date of the campaign. Statement 3 is incorrect because the report explicitly mentions that the Pentagon has not yet issued a comprehensive assessment or a full list of losses. [Source: https://www.dawn.com/news/2002532/congressional-report-details-losses-of-42-us-aircraft-in-iran-campaign, 23 May 2026]
703
In the context of administrative law, which official typically exercises the executive authority to regulate public gatherings and maintain district-level public order?
The Deputy Commissioner functions as the primary executive authority at the district level, responsible for the administration of public order and the regulation of public assemblies under relevant statutory frameworks.
While the US Ambassador to Israel, Mike Huckabee, condemned the actions, there is no report that the United States joined France in imposing a formal travel ban. The other statements accurately reflect the diplomatic actions taken by the respective nations. [Source: https://www.dawn.com/news/2002539/france-bans-israeli-security-minister-ben-gvir-from-country, 23 May 2026]
705
The US Department of Defence has been operating under which alternative title since September 2025?
The CRS report notes that the Department of Defence adopted the title 'Department of War' following an executive order issued in September 2025. [Source: https://www.dawn.com/news/2002532/congressional-report-details-losses-of-42-us-aircraft-in-iran-campaign, 23 May 2026]
706
Which US military aircraft was reported damaged by Iranian ground fire during operations in March 2026?
The CRS report specifically cites damage to an F-35A stealth fighter resulting from Iranian ground fire. Other aircraft listed, such as the E-3 Sentry, were damaged in different incidents, such as the strike on Prince Sultan Air Base. [Source: https://www.dawn.com/news/2002532/congressional-report-details-losses-of-42-us-aircraft-in-iran-campaign, 23 May 2026]
707
Which of the following statements regarding the aircraft losses during Operation Epic Fury is INCORRECT?
The report states that the KC-135 crash in Iraq resulted in the death of all six crew members on board, making the incorrect statement. [Source: https://www.dawn.com/news/2002532/congressional-report-details-losses-of-42-us-aircraft-in-iran-campaign, 23 May 2026]
708
How does the Asian Development Bank (ADB) primarily differ from the International Monetary Fund (IMF) in its operational scope?
The ADB is a regional development finance institution aimed at fostering economic growth in Asia, while the IMF is a global institution focused on the stability of the international monetary system.
The World Bank focuses on long-term economic development and poverty reduction through loans and grants for infrastructure and institutional reform, distinguishing it from the IMF's focus on short-term financial stability.
The UN Security Council holds primary responsibility for the maintenance of international peace and security, possessing the authority to issue binding resolutions and authorize enforcement actions.
