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The MCQs below are drawn from the Screening Test subject category.
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701
Consider the following statements about Pakistan's economic outlook for 2026:
1. The government expects inflationary pressures to ease due to the reopening of the Strait of Hormuz.
2. The size of the national economy reached 452.1 billion dollars by the end of the fiscal year.
3. The consumer price index (CPI) inflation for June 2026 was recorded at 15 percent.
Which of the statements given above is/are correct?
Statement 1 and 2 are factually correct based on the Ministry of Finance report. Statement 3 is incorrect because the ministry anticipated June inflation to remain within the range of 11-12 percent, not 15 percent. [Source: https://www.dawn.com/news/2011978/govt-expects-easing-inflationary-pressure-in-new-fiscal-year-following-reopening-of-strait-of-hormuz, 30 Jun 2026]
702
Which economic principle serves as the foundational justification for international trade by suggesting that nations should specialize in producing goods where they possess a lower opportunity cost?
Comparative Advantage is the core economic doctrine explaining why trade is mutually beneficial, even if one nation is more efficient at producing all goods, by focusing on relative efficiency and opportunity costs.
The Marrakesh Agreement, which formalized the transition from the General Agreement on Tariffs and Trade (GATT), established which of the following international bodies?
The Marrakesh Agreement (1994) established the World Trade Organization (WTO) as the successor to the GATT, providing a permanent institutional framework for multilateral trade governance.
Article 129 of the Constitution of Pakistan explicitly mandates that the executive authority of the province shall vest in the Governor and be exercised by him, either directly or through officers subordinate to him, in accordance with the Constitution.
The government's commitment to IMF programs was reinforced by specific rating upgrades from Fitch and Moody's, which helped improve the overall investment climate. [Source: https://www.dawn.com/news/2011978/govt-expects-easing-inflationary-pressure-in-new-fiscal-year-following-reopening-of-strait-of-hormuz, 30 Jun 2026]
706
The Joint Awami Action Committee (JAAC) in AJK has been primarily protesting against which of the following?
The JAAC has demanded the abolition of the 12 seats reserved for refugees, citing long-standing disputes over voter lists and delimitation. This demand is the central point of contention in the current political crisis. [Source: https://www.dawn.com/news/2007805/tarar-calls-for-end-to-differences-over-ajkla-refugee-seats-via-democratic-means, 14 Jun 2026]
707
Consider the following statements about the economic indicators of Pakistan in FY2026:
1. The GDP growth rate of 3.7pc is the highest recorded in the past four years.
2. The electricity, gas, and water supply industry experienced contraction during the fiscal year.
3. Large-scale manufacturing (LSM) recorded a decline of 6.1pc during the period.
Which of the statements given above is/are correct?
Statement 1 is correct as 3.7 percent is the highest growth in four years. Statement 2 is correct because the electricity, gas, and water supply industry contracted due to subsidy declines. Statement 3 is incorrect because LSM actually saw a rebound of 6.1 percent, not a decline. [Source: https://www.dawn.com/news/2006877/economy-grows-37pc-in-fy26-fastest-in-four-years-but-short-of-target, 11 Jun 2026]
708
Which constitutional article in Pakistan mandates the establishment of a Public Service Commission for the Federation and the Provinces?
Article 242 of the Constitution of the Islamic Republic of Pakistan provides the constitutional framework for the establishment and functions of the Public Service Commissions, ensuring the institutional mechanism for merit-based recruitment.
The Tehreek Tahaffuz Ayeen-e-Pakistan (TTAP), chaired by Mehmood Khan Achakzai, issued the statement rejecting the results. The JAAC is a separate organization mentioned in the context of protests in Azad Jammu and Kashmir. [Source: https://www.dawn.com/news/2006146/action-replay-of-2024-elections-pti-ttap-reject-gb-election-results-level-rigging-allegations, 08 Jun 2026]
710
Which constitutional body is primarily responsible for conducting civil service examinations in Pakistan?
The Federal Public Service Commission is the constitutional body mandated under the Constitution of Pakistan to conduct examinations for recruitment to the All-Pakistan Services and federal posts.
