Ishaq Dar holds the portfolio of Deputy Prime Minister and Foreign Minister and was part of the high-level delegation. Attaullah Tarar and Tariq Fatemi were also present but hold different ministerial or advisory roles. [Source: https://www.dawn.com/news/1991908/pm-shehbaz-meets-saudi-crown-prince-in-jeddah-dar-says-avenues-to-further-enhance-cooperation-discussed, 15 Apr 2026]
64142
Consider the following statements about the 2026 electricity tariff adjustments:
1. The negative QTA is intended to replace a previous positive QTA of 42 paisa per unit.
2. The savings are primarily driven by lower capacity charges paid to power producers.
3. The relief is applicable to all consumers, including those under the special incremental consumption package.
Which of the statements given above is/are correct?
Statement 1 and 2 are correct as the negative QTA replaces the 42 paisa positive QTA and is driven by capacity charge savings. Statement 3 is incorrect because the QTA does not apply to eligible consumers under the special tariff package for incremental consumption. [Source: https://www.dawn.com/news/1998087/power-consumers-to-get-rs175-per-unit-relief-over-next-3-months, 06 May 2026]
64143
Which distribution company reported the highest savings leading to the QTA refund in 2026?
Faisalabad Electric Supply Company (FESCO) leads the savings list with Rs10.45 billion, followed by Hyderabad Electric Supply Company. None of these is incorrect because FESCO is explicitly identified as the leader. [Source: https://www.dawn.com/news/1998087/power-consumers-to-get-rs175-per-unit-relief-over-next-3-months, 06 May 2026]
64144
Which of the following statements regarding the 2026 electricity tariff adjustment is INCORRECT?
The negative QTA is a temporary adjustment for three months and does not preclude future monthly fuel cost adjustments (FCAs). FCAs remain an automatic mechanism to pass on fuel price variations to consumers. [Source: https://www.dawn.com/news/1998087/power-consumers-to-get-rs175-per-unit-relief-over-next-3-months, 06 May 2026]
64145
The total savings identified for the quarterly tariff adjustment (QTA) refund in 2026 amount to approximately:
The total savings accrued for the first quarter of 2026, which are being passed on to consumers, amount to approximately Rs64 billion. This figure is derived from savings in capacity charges, market operator fees, and other operational adjustments. [Source: https://www.dawn.com/news/1998087/power-consumers-to-get-rs175-per-unit-relief-over-next-3-months, 06 May 2026]
64146
Following the price adjustment on July 17, 2026, what is the new price of petrol per litre?
The price of petrol was set at Rs316.15 per litre following the increase. Rs354.35 is the new price for high-speed diesel. [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]
64147
What is the new price of high-speed diesel (HSD) per litre following the government's announcement on July 10, 2026?
The government increased the price of high-speed diesel to Rs323.30 per litre. Rs310.71 is the current price of petrol, while the other figures represent historical price points. [Source: https://www.dawn.com/news/2014423/govt-raises-petrol-price-by-rs1318-diesel-by-rs1380, 10 Jul 2026]
64148
Consider the following statements about the fuel pricing mechanism in Pakistan:
1. Petrol and high-speed diesel are the major revenue earners for the government.
2. The monthly demand for kerosene is significantly lower than that of petrol and diesel.
3. The government does not impose any customs duty on high-speed diesel.
Which of the statements given above is/are correct?
Statements 1 and 2 are correct as petrol and diesel are primary revenue sources and kerosene demand is much lower (10,000 tonnes). Statement 3 is incorrect because the government charges Rs16 per litre as customs duty on high-speed diesel. [Source: https://www.dawn.com/news/2014423/govt-raises-petrol-price-by-rs1318-diesel-by-rs1380, 10 Jul 2026]
64149
Which institution is primarily responsible for the parliamentary oversight of public expenditure and ensuring financial accountability of government departments in Pakistan?
The Public Accounts Committee is a parliamentary body tasked with the examination of the accounts showing the appropriation of sums granted by the National Assembly for the expenditure of the Government, ensuring fiscal governance.
Contractionary fiscal policy involves decreasing government expenditures or increasing taxes to slow down economic growth and reduce fiscal imbalances.
