Large-scale manufacturing posted a growth of 6.5 percent in FY26, contributing significantly to the overall GDP growth of 3.7 percent. This sector remains a key component of the industrial output. [Source: https://www.dawn.com/news/2008043/central-bank-keeps-policy-rate-unchanged-at-115pc, 15 Jun 2026]
64112
The Oil Tankers Contractors Association (OTCA) requested that freight charges be linked to which economic indicator?
The OTCA demanded that the freight formula be linked to the Consumer Price Index (CPI) to account for inflation. Other indicators like GDP are macroeconomic measures not directly used for freight contract adjustments. [Source: https://www.dawn.com/news/2018766/petroleum-minister-hints-at-fuel-price-relief-after-pakistans-oil-cargoes-clear-bab-al-mandeb, 27 Jul 2026]
64113
What is the medium-term inflation target range set by the State Bank of Pakistan?
The MPC maintains its monetary policy stance to guide inflation toward the medium-term target range of 5-7 percent. This target is central to the bank's objective of price stability. [Source: https://www.dawn.com/news/2008043/central-bank-keeps-policy-rate-unchanged-at-115pc, 15 Jun 2026]
64114
According to the Pakistan Bureau of Statistics, what was the provisional GDP growth rate for FY26?
The GDP growth for FY26 was provisionally estimated at 3.7 percent, showing an increase from the 3.2 percent recorded in FY25. The growth was primarily driven by the services and industry sectors. [Source: https://www.dawn.com/news/2008043/central-bank-keeps-policy-rate-unchanged-at-115pc, 15 Jun 2026]
64115
Consider the following statements about the cabinet committee meeting held on April 6, 2026:
1. The committee expressed concern over loopholes in the diesel rate build-up.
2. Climate Change Minister Dr. Musadik Malik previously served as the energy and petroleum minister.
3. The government decided to rely solely on private sector data for monitoring retail outlets.
Which of the statements given above is/are correct?
Statements 1 and 2 are factually correct. Statement 3 is incorrect because the government is actively deploying joint teams to ensure data transparency and is not relying solely on private sector data, which was noted as having even poorer integration than PSO. [Source: https://www.dawn.com/news/1989171/ogra-pso-come-under-fire-for-poor-monitoring-of-oil-stocks, 06 Apr 2026]
64116
Which of the following is NOT a component of the charges currently levied by the government on petroleum products?
The government charges customs duty, petroleum levy, climate support levy, and inland freight equalisation margin on fuel. Corporate income tax is not listed as a component of the retail fuel price structure. [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]
64117
Which of the following is NOT a stated objective of the government's directive regarding the digital dashboard and retail monitoring?
The government's focus was on monitoring, data integration, and preventing hoarding. Increasing import quotas was not a stated objective of the cabinet committee's directive. [Source: https://www.dawn.com/news/1989171/ogra-pso-come-under-fire-for-poor-monitoring-of-oil-stocks, 06 Apr 2026]
64118
Which federal body was included in the joint teams deployed to monitor retail petroleum outlets for hoarding and data compliance?
The government decided to involve the Federal Investigation Agency (FIA) in joint teams alongside Ogra and the Petroleum Division to enforce compliance and check hoarding at petrol pumps. [Source: https://www.dawn.com/news/1989171/ogra-pso-come-under-fire-for-poor-monitoring-of-oil-stocks, 06 Apr 2026]
64119
Who chaired the cabinet committee meeting held on April 6, 2026, to address petroleum monitoring and supply chain issues?
Finance Minister Muhammad Aurangzeb chaired the cabinet committee meeting on April 6, 2026. While Prime Minister Shehbaz Sharif constituted the committee, he did not chair this specific session. [Source: https://www.dawn.com/news/1989171/ogra-pso-come-under-fire-for-poor-monitoring-of-oil-stocks, 06 Apr 2026]
64120
The government cited the commencement of which seasonal activity as a primary reason for reducing fuel costs to support farmers?
The Prime Minister emphasized that reducing fuel costs was essential because wheat harvesting had begun, and high fuel prices would increase the cost of food items and burden farmers. Other agricultural activities were not cited as the immediate justification for this specific price adjustment. [Source: https://www.dawn.com/news/1990554/govt-reduces-petrol-price-by-rs12-per-litre-hsd-by-rs135, 10 Apr 2026]
