The government initiated daily pricing to manage the volatility caused by international market fluctuations following regional hostilities. The other options are not the stated cause for this specific policy shift. [Source: https://www.dawn.com/news/2017561/petrol-pump-owners-defer-strike-call-after-talks-with-petroleum-minister, 22 Jul 2026]
64202
Which regulatory body is responsible for publishing the daily fuel prices on its website?
The Oil and Gas Regulatory Authority (OGRA) is the designated body tasked with publishing fuel prices to ensure transparency. Other listed entities do not oversee retail petroleum pricing. [Source: https://www.dawn.com/news/2017561/petrol-pump-owners-defer-strike-call-after-talks-with-petroleum-minister, 22 Jul 2026]
64203
What is the targeted GDP growth rate for Pakistan in the fiscal year 2026-27?
The government has set a GDP growth target of 4 percent for the fiscal year 2026-27 as part of its economic stabilization and growth strategy. [Source: https://www.dawn.com/news/2007374/finmin-aurangzeb-says-govt-committed-to-reducing-tax-burden-by-widening-tax-net, 12 Jun 2026]
64204
Which technology is the government planning to implement within the Federal Board of Revenue (FBR) to reduce human intervention?
The Finance Minister stated that the government is working on replacing traditional workflows with AI-led mechanisms to ensure zero human intervention in tax processes. This is intended to curb corruption and improve efficiency. [Source: https://www.dawn.com/news/2007374/finmin-aurangzeb-says-govt-committed-to-reducing-tax-burden-by-widening-tax-net, 12 Jun 2026]
64205
Which of the following statements regarding the 2026-27 budget is INCORRECT?
The budget proposed a 7 percent raise in salaries and pensions for government employees, not 15 percent. The other statements accurately reflect the fiscal projections and policy changes announced in the budget. [Source: https://www.dawn.com/news/2007283/govt-unveils-rs188tr-budget-for-fy2026-27-gdp-growth-targeted-at-4pc, 12 Jun 2026]
64206
What is the total budgetary outlay for the fiscal year 2026-27 as presented by the Finance Minister?
The federal budget for FY2026-27 was announced with a total outlay of Rs18.8 trillion. This figure represents the government's primary fiscal plan for the upcoming year. [Source: https://www.dawn.com/news/2007283/govt-unveils-rs188tr-budget-for-fy2026-27-gdp-growth-targeted-at-4pc, 12 Jun 2026]
64207
Consider the following statements about the petroleum fiscal policy in Pakistan as of June 2026:
1. The government charges a climate support levy on petroleum products.
2. Petrol and high-speed diesel are the primary revenue earners among petroleum products.
3. The government revises petroleum prices on a monthly basis.
Which of the statements given above is/are correct?
Statements 1 and 2 are correct as the government levies climate support charges and relies on petrol and HSD for revenue. Statement 3 is incorrect because the government currently revises these prices on a weekly basis, not monthly. [Source: https://www.dawn.com/news/2007376/govt-slashes-petrol-price-by-rs4-diesel-by-rs2, 12 Jun 2026]
64208
According to the Finance Minister, which two provinces were specifically asked to contribute more to security and civil armed forces due to internal disorder?
The Finance Minister noted that Khyber Pakhtunkhwa and Balochistan are experiencing internal disorder, necessitating increased contributions from these provinces to support security and civil armed forces. [Source: https://www.dawn.com/news/2007374/finmin-aurangzeb-says-govt-committed-to-reducing-tax-burden-by-widening-tax-net, 12 Jun 2026]
64209
The government has set the GDP growth target for the fiscal year 2026-27 at:
The government has officially targeted a GDP growth rate of 4 percent for the fiscal year 2026-27. While 3.6 percent is the fiscal deficit target and 8.2 percent is the inflation projection, 4 percent is the specific growth target. [Source: https://www.dawn.com/news/2007283/govt-unveils-rs188tr-budget-for-fy2026-27-gdp-growth-targeted-at-4pc, 12 Jun 2026]
64210
High-speed diesel (HSD) is primarily utilized in which of the following sectors?
High-speed diesel is mainly consumed by the heavy transport sector and large-scale power generators. Petrol is the fuel primarily used for private transport, small vehicles, and two-wheelers. [Source: https://www.dawn.com/news/2007376/govt-slashes-petrol-price-by-rs4-diesel-by-rs2, 12 Jun 2026]
