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The MCQs below are drawn from the Current Affairs subject category.
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64381
Which of the following constitutional mechanisms in Pakistan empowers the Parliament to legislate on matters not explicitly enumerated in the Federal Legislative List?
Article 142 of the Constitution of Pakistan delineates the subject matter of Federal and Provincial laws, providing the framework for legislative competence in the absence of specific enumeration.
Which article of the Constitution of Pakistan explicitly guarantees the freedom of trade, commerce, and intercourse throughout the country, subject to reasonable restrictions imposed by law?
Article 151 of the Constitution of Pakistan establishes the constitutional framework for inter-provincial trade and commerce, ensuring that trade remains free from discriminatory provincial barriers while allowing for federal regulation in the public interest.
Which of the following policy instruments is primarily utilized by the State Bank of Pakistan to achieve economic stabilization by influencing the cost and availability of credit in the economy?
Monetary policy, specifically the adjustment of the policy rate, is the primary tool used by central banks to manage inflation and stabilize the economy by regulating liquidity and credit conditions.
Economic stabilization programs typically employ contractionary monetary policy, such as raising interest rates, to reduce aggregate demand and stabilize the currency during inflationary periods.
Which of the following constitutional provisions empowers the Majlis-e-Shoora (Parliament) to formulate rules of procedure for the conduct of its business, including the establishment of standing committees?
Article 67 of the Constitution of the Islamic Republic of Pakistan explicitly grants each House of Parliament the authority to make rules for regulating its procedure and the conduct of its business, which serves as the legal basis for the committee system.
Which constitutional provision mandates the establishment of the National Economic Council to review the overall economic condition of the country and advise the federal and provincial governments?
Article 156 of the Constitution of Pakistan provides for the National Economic Council, which is tasked with reviewing the country's economic condition and formulating plans for balanced economic development.
Which constitutional body is mandated to formulate and regulate policies in relation to matters in Part II of the Federal Legislative List, thereby serving as a primary mechanism for federal-provincial coordination?
The Council of Common Interests (CCI) is established under Article 153 of the Constitution of Pakistan to oversee matters listed in the Federal Legislative List Part II, ensuring collaborative governance between the federation and provinces.
Which cabinet-level committee serves as the primary forum for the federal government to oversee and coordinate economic stabilization policies and financial decision-making?
The Economic Coordination Committee (ECC) is the principal cabinet body responsible for reviewing and approving economic policies, managing fiscal priorities, and ensuring the implementation of stabilization measures.
The statement regarding LNG imports is incorrect because Qatar declared force majeure on its processing facilities, leading to a suspension of LNG imports, not an increase. The other statements accurately reflect the government's current policy stance. [Source: https://www.dawn.com/news/1981355/govt-mulling-not-hiking-prices-of-petroleum-products-further-despite-increase-in-global-market, 12 Mar 2026]
64390
Which constitutional body is primarily responsible for the final legislative approval of the federal budget in Pakistan?
Under the constitutional framework of fiscal federalism, the federal budget is a money bill that must be presented to and approved by the National Assembly, which holds the primary authority over federal taxation and expenditure.
