The Petroleum Minister announced that the cabinet and the prime minister authorized the Oil and Gas Regulatory Authority (Ogra) to manage daily fuel pricing. This move aims to reflect international market fluctuations more accurately. [Source: https://www.dawn.com/news/2017311/govt-increases-petrol-price-by-rs493-diesel-by-rs715-per-litre, 21 Jul 2026]
64082
Which sector is primarily identified as the main consumer of high-speed diesel (HSD) in Pakistan?
High-speed diesel is primarily utilized by the heavy transport sector, power plants, and large generators. Conversely, petrol is the fuel of choice for private transport, small vehicles, and two-wheelers. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]
64083
What is the total budget amount approved by the Khyber Pakhtunkhwa Assembly for the fiscal year 2026-27?
The Khyber Pakhtunkhwa Assembly passed a budget of Rs2.17 trillion for the fiscal year 2026-27. Other figures provided are incorrect distractors representing different potential fiscal scales. [Source: https://www.dawn.com/news/2010593/cm-afridi-vows-peace-in-fy27-as-kp-assembly-passes-rs217tr-budget, 24 Jun 2026]
64084
Which international trade governance framework is designed to reduce barriers to trade and ensure non-discriminatory treatment among member states?
The World Trade Organization (WTO) provides the institutional framework for international trade governance, focusing on the reduction of trade barriers and the enforcement of multilateral trade agreements based on the principle of non-discrimination.
Which policy instrument is primarily utilized by the State Bank of Pakistan to achieve economic stabilization by influencing the money supply and interest rates?
Monetary policy is the primary tool used by the central bank to manage economic stabilization by controlling the money supply and adjusting the policy rate to influence inflation and economic growth.
Statement 1 is incorrect because the discourse on provincial governance typically critiques a superficial focus on infrastructure-heavy projects rather than prioritizing substantive human development. Statement 2 is correct as Federal Minister Abdul Aleem Khan has advocated for new provinces to improve public service delivery. Statement 3 is correct as the constitutional federal structure under the 1973 Constitution forms the basis for the ongoing political debate regarding administrative units. [Source: https://www.dawn.com/news/2019838/not-the-right-questions]
64087
Which body is constitutionally mandated to formulate and regulate policies in relation to matters in Part II of the Federal Legislative List, including major economic infrastructure?
The Council of Common Interests (CCI), established under Article 153, is the constitutional forum responsible for formulating and regulating policies in relation to matters specified in Part II of the Federal Legislative List, ensuring federal-provincial coordination in economic and infrastructure governance.
Which of the following constitutional mechanisms governs the distribution of financial resources between the federal government and the provinces in Pakistan?
The National Finance Commission (NFC) Award is the constitutional mechanism mandated under Article 160 of the Constitution of Pakistan to determine the vertical and horizontal distribution of tax revenues between the federation and the provinces.
Consider the following statements regarding the government's current economic strategy:
1. The government introduced new taxes in the current fiscal year to boost revenue.
2. The government is moving toward the tokenisation of cryptocurrency as a regulated activity.
3. The closure of the Afghanistan border has negatively impacted the country's export-led growth strategy.
Which of the statements given above is/are correct?
Statement 1 is incorrect because the Finance Minister stated that no new taxes were introduced this year, focusing instead on enforcement. Statements 2 and 3 are accurate reflections of the government's regulatory stance and current trade challenges. [Source: https://www.dawn.com/news/2008354/aurangzeb-terms-tax-asaan-scheme-for-traders-a-paradigm-shift, 16 Jun 2026]
64090
The government aims to upskill Pakistani freelancers in which specific technology to increase their hourly earnings?
The government is focusing on blockchain technology to help freelancers transition from basic coding services to higher-value roles. While AI is mentioned in the broader context of Web 3.0, blockchain is the specific focus for upskilling. [Source: https://www.dawn.com/news/2008354/aurangzeb-terms-tax-asaan-scheme-for-traders-a-paradigm-shift, 16 Jun 2026]
