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The MCQs below are drawn from the Current Affairs subject category.
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64411
Consider the following statements regarding the austerity measures reviewed on March 14, 2026:
1. The government has imposed a complete ban on foreign visits for ministers and special assistants.
2. Savings generated from austerity measures are designated exclusively for public relief.
3. The government decided to increase the fuel allotment for official vehicles to ensure mobility during the crisis.
Which of the statements given above is/are correct?
Statement 1 and 2 are correct as they reflect the official policy of banning foreign travel and using savings for public welfare. Statement 3 is incorrect because the government actually mandated a 50% cut in fuel allotment for official vehicles, not an increase. [Source: https://www.dawn.com/news/1982016/employees-of-soes-other-govt-supervised-bodies-to-face-5-30pc-salary-cut-as-part-of-austerity-measures-pmo, 14 Mar 2026]
64412
Which of the following is NOT a component of the austerity measures announced by the government in March 2026?
The government is implementing salary cuts, not increases, to manage fiscal deficits. The other options are all verified components of the austerity package. [Source: https://www.dawn.com/news/1982016/employees-of-soes-other-govt-supervised-bodies-to-face-5-30pc-salary-cut-as-part-of-austerity-measures-pmo, 14 Mar 2026]
64413
What is the range of salary cuts mandated for employees of State-Owned Enterprises (SOEs) and autonomous institutions under the 2026 austerity measures?
The government announced a salary reduction ranging from 5% to 30% for employees of SOEs and autonomous bodies to manage fiscal pressure. This measure is part of a broader austerity package aimed at generating savings for public relief. [Source: https://www.dawn.com/news/1982016/employees-of-soes-other-govt-supervised-bodies-to-face-5-30pc-salary-cut-as-part-of-austerity-measures-pmo, 14 Mar 2026]
64414
The government has decided to ground what percentage of official government vehicles as part of its austerity drive?
The government mandated the grounding of 60% of its vehicle fleet to reduce fuel consumption and maintenance costs. This is subject to a third-party audit to ensure compliance. [Source: https://www.dawn.com/news/1982016/employees-of-soes-other-govt-supervised-bodies-to-face-5-30pc-salary-cut-as-part-of-austerity-measures-pmo, 14 Mar 2026]
64415
Which Apple mobile phone models remained stable with no change in valuation between the January and April 2026 rulings?
The iPhone XS Max and iPhone SE 3 were identified as the most stable models, showing no change in their customs valuation between the two rulings. Other models experienced varying degrees of upward revision. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
64416
Which of the following entities is explicitly exempted from the four-day work week policy according to the March 2026 austerity review?
The meeting chaired by the Prime Minister clarified that the four-day work week policy does not apply to law enforcement agencies and the FBR, as they must maintain normal operational duties. Other ministries are expected to adhere to the austerity-driven work schedule. [Source: https://www.dawn.com/news/1982016/employees-of-soes-other-govt-supervised-bodies-to-face-5-30pc-salary-cut-as-part-of-austerity-measures-pmo, 14 Mar 2026]
64417
Who led the PPP delegation during the pre-budget meeting with the Deputy Prime Minister on June 7, 2026?
Bilawal Bhutto-Zardari led the PPP delegation in the meeting held at Zardari House. While other party members like Murad Ali Shah and Sherry Rehman were present, Bilawal served as the head of the delegation. [Source: https://www.dawn.com/news/2005897/ppp-shares-tax-related-reservations-in-pre-budget-meeting-with-dar-say-sources, 07 Jun 2026]
64418
Who among the following was present at the meeting held on March 14, 2026, to review the implementation of austerity measures?
FBR Chairman Rashid Mahmood Langrial attended the meeting alongside the Finance and Petroleum ministers. The presence of the FBR head underscores the focus on revenue and fiscal management during the crisis. [Source: https://www.dawn.com/news/1982016/employees-of-soes-other-govt-supervised-bodies-to-face-5-30pc-salary-cut-as-part-of-austerity-measures-pmo, 14 Mar 2026]
64419
Which of the following statements regarding current administrative and political developments in Pakistan are correct?
1. The Federal Board of Revenue (FBR) has established Independent Case Scrutiny Panels to institutionalize pre-litigation resolution.
2. The Pakistan Peoples Party (PPP) has expressed satisfaction with the Election Commission of AJK following the recent electoral process.
3. The Federal Government is currently considering wheat imports to mitigate risks associated with domestic supply shortages.
4. JazzCash has been officially excluded from the digital disbursement mechanism of the Rahmat Card welfare program.
Statements 1 and 3 are correct as per the FBR's new policy to reduce frivolous litigation and the government's strategy to address food security through imports. Statements 2 and 4 are factually incorrect: the PPP criticized the AJK Election Commission for alleged irregularities, and JazzCash is the primary initiator for the Rahmat Card disbursements. [Source: https://www.brecorder.com/news/40432281/fbr-issues-notifications-for-independent-case-scrutiny-panels]
64420
Which of the following regional geopolitical frameworks is primarily designed to enhance economic integration and security cooperation among its member states?
The Shanghai Cooperation Organization (SCO) is a Eurasian political, economic, and security alliance that focuses on regional stability, counter-terrorism, and economic cooperation, distinguishing it from purely military or trade-focused organizations.
