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The MCQs below are drawn from the Business Administration subject category.
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1551
Which of the following best describes the primary objective of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) within the global trade governance framework?
The TRIPS agreement sets out minimum standards for many forms of intellectual property regulation as applied to nationals of other WTO members, ensuring a baseline for global trade governance.
Contractionary monetary policy, such as increasing interest rates, is a standard tool used by central banks to reduce the money supply and stabilize the economy by curbing inflationary pressures.
The Dispute Settlement Body (DSB) is the central mechanism within the WTO framework responsible for adjudicating trade conflicts and ensuring compliance with international trade agreements.
Which of the following institutions is primarily tasked with providing long-term financing for infrastructure and sustainable development projects within the BRICS regional geopolitical framework?
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, was established to mobilize resources for infrastructure and sustainable development projects in emerging economies.
The NFC Award is a constitutional mechanism under Article 160 that mandates the periodic distribution of financial resources, specifically tax revenues, between the federal and provincial governments.
Which global governance institution is primarily responsible for providing short-term financial assistance to member countries facing balance-of-payments difficulties?
The International Monetary Fund (IMF) acts as a global governance institution focused on economic stabilization by providing liquidity to countries experiencing external financial imbalances.
Under the Constitution of Pakistan, which body is mandated to formulate and regulate policies concerning matters enumerated in Part II of the Federal Legislative List?
Article 153 of the Constitution establishes the Council of Common Interests (CCI) to serve as the primary constitutional mechanism for resolving inter-provincial and federal-provincial policy disputes.
Consider the following statements about the SEBI proposals released on July 23, 2026:
1. The proposals aim to align portfolio manager regulations with those of mutual funds and alternative investment funds.
2. The net worth requirement for the new category of portfolio managers is proposed to be reduced to 20 million rupees.
3. Portfolio managers are currently permitted to invest in unlisted debt without any restrictions.
Which of the statements given above is/are correct?
Statement 1 is correct as the goal is regulatory alignment. Statement 2 is correct regarding the proposed net worth reduction. Statement 3 is incorrect because unlisted debt is currently not allowed for portfolio managers. [Source: https://www.brecorder.com/news/40431463/indias-sebi-proposes-allowing-portfolio-managers-to-invest-overseas-in-to-be-listed-securities, 23 Jul 2026]
1559
Which Constitutional Amendment in Pakistan fundamentally restructured federalism by abolishing the Concurrent Legislative List and devolving administrative authority to the provinces?
The 18th Amendment (2010) is the landmark constitutional mechanism that decentralized power by removing the Concurrent Legislative List, thereby expanding provincial autonomy in legislative and administrative domains.
The assets managed by the Indian portfolio management services industry reached 42.61 trillion rupees by May 31, 2026. The figure of 18.07 trillion rupees represents the industry's asset size in April 2019. [Source: https://www.brecorder.com/news/40431463/indias-sebi-proposes-allowing-portfolio-managers-to-invest-overseas-in-to-be-listed-securities, 23 Jul 2026]
