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The MCQs below are drawn from the Current Affairs subject category.
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1721
Which mechanism is primarily utilized by central banks to achieve economic stabilization by influencing the cost of borrowing and liquidity in the banking system?
Open market operations involve the buying and selling of government securities to regulate the money supply and interest rates, which is a core instrument of monetary policy for economic stabilization.
The Worldwide Governance Indicators (WGI) project reports aggregate and individual governance indicators for over 200 countries, measuring dimensions such as rule of law, regulatory quality, and control of corruption.
Shaza Fatima Khawaja is the IT Minister who tabled the bill in the National Assembly. The other individuals listed are former ministers or political figures associated with the sector but not the current minister responsible for this specific bill. [Source: https://www.dawn.com/news/2009478/it-ministry-clarifies-proposed-telecom-law-amendments-do-not-mandate-acquisition-of-private-land, 20 Jun 2026]
1724
Which of the following statements regarding the AJK Legislative Assembly elections is INCORRECT?
The PPP-AJK chapter has explicitly requested the Election Commission to withdraw the election schedule, indicating a lack of consensus among political stakeholders. Therefore, stating that the commission has full support is incorrect. [Source: https://www.dawn.com/news/2007805/tarar-calls-for-end-to-differences-over-ajkla-refugee-seats-via-democratic-means, 14 Jun 2026]
1725
Consider the following statements about the Liquid Tree project:
1. The project utilizes microalgae collected from regions spanning Karachi to Khyber.
2. Liquid trees are intended to replace traditional forest plantations entirely.
3. The initiative is managed by the Punjab Environmental Protection Agency.
Which of the statements given above is/are correct?
Statement 1 and 3 are factually accurate regarding the collection of microalgae and the managing authority. Statement 2 is incorrect because liquid trees are designed as a supplementary biotechnology solution for urban areas where traditional planting is limited, not as a replacement for forests. [Source: https://www.dawn.com/news/2007783/punjab-expands-liquid-tree-project-to-tackle-urban-pollution, 14 Jun 2026]
1726
Who is the current President of the Istehkam-e-Pakistan Party (IPP)?
Abdul Aleem Khan is the President of the Istehkam-e-Pakistan Party. He officially welcomed the four independent members into the party fold in June 2026. [Source: https://www.dawn.com/news/2008336/four-independents-join-aleem-khans-istehkam-i-pakistan-party-in-gilgit-baltistan, 16 Jun 2026]
1727
Which of the following is NOT a primary concern raised by US lawmakers regarding the Iran agreement?
Lawmakers have expressed concerns regarding nuclear compliance, sanctions relief, and infrastructure, but there is no mention of territorial annexation in the agreement. Therefore, option C is the incorrect statement. [Source: https://www.dawn.com/news/2008356/trump-open-to-congressional-review-of-iran-deal-as-lawmakers-seek-details, 16 Jun 2026]
1728
Which forum serves as the highest economic decision-making body of the federation in Pakistan?
The National Economic Council (NEC) is the supreme forum for economic decision-making. The FBR is a revenue collection agency, and the NFC is responsible for the distribution of financial resources. [Source: https://www.dawn.com/news/2006648/finance-minister-aurangzeb-to-present-budget-for-fy2026-27-on-june-12, 10 Jun 2026]
1729
Which of the following institutions serves as the primary forum for central bank cooperation to promote global monetary and financial stability?
The Bank for International Settlements (BIS) acts as a central bank for central banks, facilitating international cooperation and financial stability, whereas the IMF focuses on macroeconomic surveillance and balance of payments support.
Which of the following mechanisms is typically employed by central banks as part of an economic stabilization policy to control inflationary pressures?
Contractionary monetary policy, such as raising interest rates, is a standard stabilization tool used by central banks to curb inflation by increasing the cost of borrowing and reducing liquidity in the economy.
