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The MCQs below are drawn from the Business Administration subject category.
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851
Who is the current Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA) as of March 2026?
Sheikh Umer Rehan serves as the Chairman of the PVMA and issued the official statement regarding the stability of edible oil supplies. The other names listed are prominent business figures but do not hold this specific position. [Source: https://www.dawn.com/news/1980381/no-shortage-of-edible-oil-pvma, 10 Mar 2026]
852
Which of the following security doctrines is characterized by the strategic reliance on nuclear superiority to deter conventional aggression?
The Massive Retaliation doctrine, formulated during the Eisenhower administration, emphasized the use of nuclear weapons as a primary deterrent against conventional military threats, distinguishing it from later doctrines like Flexible Response.
The government has not announced the elimination of petroleum levies; rather, it noted that these levies remain low. The other options are explicitly mentioned as goals or ongoing initiatives of the current administration. [Source: https://www.dawn.com/news/2016227/govt-to-fix-fuel-prices-daily-due-to-renewed-hostilities-in-persian-gulf-petroleum-minister, 17 Jul 2026]
854
Which US legislative provision was invoked by the Trump administration to impose a temporary global tariff of 10 per cent?
Following the invalidation of IEEPA-based tariffs by the Supreme Court, the administration invoked Section 122 of the Trade Act to implement a temporary 10% global tariff. Section 301 is a separate process related to specific trade practice investigations. [Source: https://www.dawn.com/news/2016679/finance-minister-aurangzeb-arrives-in-us-on-3-day-visit-expected-to-hold-talks-on-trade-finance-investment, 19 Jul 2026]
855
What is the primary objective cited by the government for the proposed increase in the use of AI and automation in the tax collection system?
The government aims to transition tax administration toward automation and AI to minimize human intervention. This is intended to improve transparency and efficiency in revenue collection. [Source: https://www.dawn.com/news/2007563/finance-minister-terms-proposed-fy27-budget-as-significant-progress-in-path-to-economic-growth, 13 Jun 2026]
856
Which of the following statements regarding the July 2026 wildfire dispute is INCORRECT?
There is no evidence that a permanent trade embargo has been finalized; the administration only threatened the use of tariffs as a potential leverage tool. The other statements accurately reflect the events reported on July 21, 2026. [Source: https://www.dawn.com/news/2017162/trump-seeks-damages-from-canada-over-wildfires, 21 Jul 2026]
857
Which of the following statements regarding the Istanbul Bar Association No. 2 delegation's visit is INCORRECT?
The delegation discussed both media freedom and judicial systems, including bar council administration and legal education. Therefore, the claim that they focused exclusively on media freedom is false. [Source: https://www.brecorder.com/news/40431897/istanbul-bar-number-2-delegation-visits-karachi-press-club, 27 Jul 2026]
858
In the FY27 budget, the government proposed reducing the super tax for businesses with annual incomes exceeding Rs500 million to what percentage?
The finance minister announced a reduction in the super tax from 10 percent to 8 percent for businesses earning over Rs500 million. This measure is part of the government's strategy to create an enabling environment for business growth. [Source: https://www.dawn.com/news/2007563/finance-minister-terms-proposed-fy27-budget-as-significant-progress-in-path-to-economic-growth, 13 Jun 2026]
859
Consider the following statements about the US-Canada trade situation as of July 2026:
1. The US President invoked Section 338 to retaliate against what the administration termed discriminatory trade practices.
2. The tariffs apply to a diverse range of goods including wine, cement, and ice hockey gear.
3. The US Trade Representative is currently holding bilateral talks regarding the USMCA with Canadian officials in Mexico City.
Which of the statements given above is/are correct?
Statements 1 and 2 are correct. Statement 3 is incorrect because the US Trade Representative is holding bilateral talks with Mexico, having pointedly left Canada out of those specific negotiations. [Source: https://www.dawn.com/news/2017209/us-imposes-new-50pc-tariffs-on-20bn-worth-of-canadian-products, 21 Jul 2026]
860
Which of the following sectors was explicitly cited by the US administration as a reason for the discriminatory treatment leading to the 2026 tariffs?
The US administration identified dairy goods, along with alcohol and American-made cars, as sectors subject to discriminatory treatment by Canada, prompting the tariff response. [Source: https://www.dawn.com/news/2017209/us-imposes-new-50pc-tariffs-on-20bn-worth-of-canadian-products, 21 Jul 2026]
