Under Article 153 and 154 of the Constitution of Pakistan, the CCI is responsible for formulating and regulating policies in relation to matters in Part II of the Federal Legislative List, ensuring federal-provincial cooperation.
Which of the following mechanisms is primarily utilized by international financial institutions to address balance of payments crises in developing economies?
Structural Adjustment Programs (SAPs) are sets of economic policies often required by the IMF and World Bank as a condition for receiving loans, aimed at stabilizing the economy and promoting long-term growth.
Which constitutional body in Pakistan is primarily mandated to review the overall economic condition of the country and formulate plans regarding financial, commercial, and social policies?
The National Economic Council (NEC) is established under Article 156 of the Constitution of Pakistan to review the overall economic condition of the country and advise the Federal and Provincial Governments on economic policy.
The Judicial Commission of Pakistan is the constitutional body tasked with the nomination and recommendation of judges for the Supreme Court, High Courts, and the Federal Shariat Court.
Article 48(2) of the Constitution of Pakistan explicitly provides that the President may act in his discretion in respect of any matter in which he is empowered by the Constitution to do so, independent of ministerial advice.
Article 175-A of the Constitution of Pakistan establishes the Judicial Commission of Pakistan and outlines the formal procedure for the appointment of judges to the Supreme Court and the High Courts.
Which government entity is primarily responsible for the negotiation and management of bilateral investment treaties within the framework of international economic governance?
The Board of Investment acts as the primary institutional interface for managing bilateral investment treaties, which are essential instruments in global economic governance for facilitating foreign direct investment.
Consider the following statements about the diplomatic context of the Strait of Hormuz conflict:
1. A 14-point memorandum of understanding was signed between the US and Iran to address the future administration of the waterway.
2. Qatar has consistently refused to participate in any mediation efforts involving Iran since the conflict began.
3. The Strait of Hormuz serves as the primary route for Gulf energy exports.
Which of the statements given above is/are correct?
Statement 1 is correct as a 14-point MOU was established. Statement 2 is incorrect because, although Qatar previously refused to mediate, it has recently played an increasingly active role in hosting indirect talks. Statement 3 is a fundamental geographical fact regarding the importance of the strait. [Source: https://www.dawn.com/news/2013627/three-ships-struck-in-hormuz-flare-up-qatar-slams-iranian-attack, 07 Jul 2026]
1609
The distress call for the sinking cargo dhow was received at which institutional facility?
The Joint Maritime Information Coordination Centre serves as the central hub for receiving and processing maritime distress signals in Pakistan. It facilitates the rapid deployment of naval and PMSA assets. [Source: https://www.dawn.com/news/2014176/20-crew-members-rescued-from-sinking-cargo-dhow-east-of-ormara-ispr, 09 Jul 2026]
1610
Which of the following statements regarding the National Accountability Bureau's recent actions is INCORRECT?
The court order confirming the attachment was issued on July 3, 2026, not in June. The other statements accurately reflect the bureau's actions and the property's valuation. [Source: https://www.dawn.com/news/2013398/nab-takes-possession-of-karachis-bahria-icon-tower-amid-investigation-against-property-tycoon-malik-riaz, 06 Jul 2026]
