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The MCQs below are drawn from the Business Administration subject category.
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1251
Which specific Iranian military branch was identified by the United States as the primary target for retaliatory strikes on July 19, 2026?
The United States Central Command explicitly stated that the strikes were designed to punish the Islamic Revolutionary Guard Corps (IRGC) for their role in attacks against American service members. The Basij and Artesh are distinct branches of the Iranian armed forces not cited as the primary target in this specific operation. [Source: https://www.dawn.com/news/2016645/us-renews-strikes-on-iran-to-punish-irgc-for-troops-killing-tehran-targets-american-bases-in-kuwait, 19 Jul 2026]
1252
Consider the following statements about the 2026 Pakistan-China Pharmaceutical and Healthcare B2B Investment Conference:
1. The conference was a two-day event held in Islamabad.
2. Over 200 Chinese companies participated in the event.
3. The conference included discussions on establishing local vaccine manufacturing facilities.
Which of the statements given above is/are correct?
Statement 1 is correct as it was a two-day event in Islamabad. Statement 2 is incorrect because 146 Chinese companies participated, not over 200 (over 200 Pakistani companies participated). Statement 3 is correct as local vaccine production was a priority discussed at the conference. [Source: https://www.dawn.com/news/2016621/pakistan-china-pharma-conference-ends-with-850m-agreements, 19 Jul 2026]
1253
Which of the following is NOT a primary focus area for the bilateral talks between Pakistan and Canada during the July 2026 visit?
The bilateral talks focus on trade, investment, education, and people-to-people exchanges. Military alliance formation is not part of the stated agenda for this diplomatic visit. [Source: https://www.dawn.com/news/2016734/canadian-foreign-minister-anita-anand-to-visit-pakistan-on-monday, 19 Jul 2026]
1254
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]
1255
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]
1256
Which of the following is NOT a component of the charges currently levied by the government on petroleum products?
The government charges customs duty, petroleum levy, climate support levy, and inland freight equalisation margin on fuel. Corporate income tax is not listed as a component of the retail fuel price structure. [Source: https://www.dawn.com/news/2016247/govt-increases-petrol-price-by-rs544-diesel-by-rs3105-per-litre-for-next-three-days, 17 Jul 2026]
1257
Which of the following categories of businesses is explicitly EXEMPT from the market closure timings notified by the Sindh government?
Medical stores, pharmacies, hospitals, and clinics are classified as essential services and are exempt from the early closure policy. Clothing and electronics stores are subject to the standard market timing regulations. [Source: https://www.dawn.com/news/1990483/sindh-implements-austerity-measures-notifies-early-market-closure-among-other-steps, 10 Apr 2026]
1258
With which of the following organizations did the Sindh Chief Minister consult regarding the implementation of market austerity measures?
The Sindh Chief Minister held consultations with the Karachi Chamber of Commerce and Industry (KCCI) and the Korangi Association of Trade and Industry to discuss the impact of the new market timings on the business community. [Source: https://www.dawn.com/news/1990483/sindh-implements-austerity-measures-notifies-early-market-closure-among-other-steps, 10 Apr 2026]
1259
According to the US administration's justification for the blockade, what specific activity by Iran in international waters was labeled as 'extortion'?
The US President cited the collection of 'illegal tolls' from vessels as a primary reason for the blockade announcement. The other options represent broader geopolitical tensions but are not the specific trigger for the blockade. [Source: https://www.dawn.com/news/1991096/after-trumps-blockade-announcement-irgc-says-will-view-military-vessels-approaching-hormuz-as-ceasefire-breach, 12 Apr 2026]
1260
What is the maximum potential fine mentioned by the French regulator for advertising an unauthorized betting site?
The ANJ stated that fines for advertising unauthorized gambling sites can reach 100,000 euros. This is a standard penalty threshold for such regulatory violations in France. [Source: https://www.dawn.com/news/2016250/france-blocks-access-to-online-prediction-platform-polymarket, 17 Jul 2026]
