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The MCQs below are drawn from the Business Administration subject category.
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1341
Who among the following was present at the meeting held on March 14, 2026, to review the implementation of austerity measures?
FBR Chairman Rashid Mahmood Langrial attended the meeting alongside the Finance and Petroleum ministers. The presence of the FBR head underscores the focus on revenue and fiscal management during the crisis. [Source: https://www.dawn.com/news/1982016/employees-of-soes-other-govt-supervised-bodies-to-face-5-30pc-salary-cut-as-part-of-austerity-measures-pmo, 14 Mar 2026]
1342
The doctrine of 'Strategic Autonomy' in contemporary international security is most closely linked to which of the following concepts?
Strategic autonomy refers to a state's capacity to pursue its national security interests independently, which requires a robust defense-industrial base to maintain credible deterrence capabilities.
Modern industrial policy has shifted toward supply chain resilience to mitigate systemic shocks and reduce dependency on external actors for critical technologies, serving as a tool for economic stabilization.
The joint statement emphasized advancing high-quality development under CPEC 2.0, specifically mentioning collaboration in trade, investment, science and technology, the digital economy, and artificial intelligence. [Source: https://www.dawn.com/news/2016159/china-and-pakistan-call-on-us-iran-to-resume-talks-cease-hostilities, 17 Jul 2026]
1345
Consider the following statements about the fuel pricing policy in Pakistan as of July 2026:
1. The government has transitioned from weekly to daily fuel price revisions.
2. High-speed diesel is primarily utilized in the heavy transport sector and power plants.
3. The All Pakistan Dealers Association has fully supported the new daily pricing mechanism.
Which of the statements given above is/are correct?
Statements 1 and 2 are correct as they reflect the government's policy shift and the usage profile of diesel. Statement 3 is incorrect because the Dealers Association rejected the daily pricing decision and threatened protests. [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]
1346
Which entity has been tasked with the responsibility of determining fuel prices on a daily basis in Pakistan?
The Petroleum Minister announced that the Oil and Gas Regulatory Authority (Ogra) is responsible for daily fuel price adjustments based on international market trends. The State Bank and Ministry of Finance are not the primary regulators for retail fuel pricing. [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]
1347
What is the primary reason cited for the transition to daily fuel price revisions in Pakistan?
The government shifted to daily pricing to manage the impact of global market volatility and fluctuating import premiums caused by regional tensions. The Dealers Association actually opposed this change. [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]
1348
Consider the following statements about the regulatory challenges posed by prediction markets:
1. Prediction markets allow users to bet on the outcomes of future events using real-time odds.
2. The French weather agency filed a complaint after a probe was hacked to influence betting outcomes.
3. The US White House suspended a teleprompter operator for allegedly betting on the content of presidential speeches.
Which of the statements given above are correct?
All three statements are factually accurate based on the reported incidents involving prediction markets. These examples illustrate the diverse risks, ranging from data manipulation to the misuse of sensitive information, that regulators are attempting to address. [Source: https://www.dawn.com/news/2016250/france-blocks-access-to-online-prediction-platform-polymarket, 17 Jul 2026]
1349
Which of the following statements regarding the regulatory action against Polymarket is INCORRECT?
Polymarket is a US-based cryptocurrency platform, not a registered French entity. The other statements accurately reflect the regulatory context and the findings of the ANJ. [Source: https://www.dawn.com/news/2016250/france-blocks-access-to-online-prediction-platform-polymarket, 17 Jul 2026]
1350
Who is the current Finance Minister of Pakistan leading the trade and tariff negotiations in Washington as of July 2026?
Muhammad Aurangzeb is the serving Finance Minister who traveled to Washington in July 2026 to engage with US officials regarding trade agreements and tariff structures. The other individuals listed are former finance ministers. [Source: https://www.dawn.com/news/2016143/finance-minister-to-visit-washington-for-trade-tariff-talks-with-us, 17 Jul 2026]
