The services sector recorded a growth of 4.09 percent during FY2026. The agriculture and industrial sectors recorded growth rates of 2.89 percent and 3.51 percent, respectively. [Source: https://www.dawn.com/news/2006877/economy-grows-37pc-in-fy26-fastest-in-four-years-but-short-of-target, 11 Jun 2026]
1562
Which of the following statements regarding the economic performance in FY2026 is INCORRECT?
The GDP growth rate of 3.7 percent fell short of the 4.2 percent target, making statement D incorrect. The other three statements accurately reflect the fiscal and sectoral data provided in the survey. [Source: https://www.dawn.com/news/2006877/economy-grows-37pc-in-fy26-fastest-in-four-years-but-short-of-target, 11 Jun 2026]
1563
The Futures Market Act, 2016, was enacted to enhance financial governance by providing a regulatory framework for which specific market segment?
The Futures Market Act, 2016, was introduced to regulate the trading of derivatives and commodity futures, thereby strengthening the oversight of complex financial instruments within the capital market.
The Doctrine of Necessity was historically invoked by the judiciary to provide legal cover for the extra-constitutional dissolution of the Constituent Assembly and subsequent executive actions, prioritizing state stability over strict constitutional adherence.
Article 203-D of the Constitution of Pakistan empowers the Federal Shariat Court to examine and decide whether any law or provision of law is repugnant to the injunctions of Islam as laid down in the Holy Quran and Sunnah.
The Public Accounts Committee is the principal parliamentary mechanism tasked with the examination of audit reports and the oversight of public expenditure to ensure fiscal discipline and accountability.
The Punjab Finance Minister noted that the provincial government is working with the federal government and the Special Investment Facilitation Council (SIFC) to resolve payment system issues. The SIFC is specifically tasked with streamlining investment and economic facilitation. [Source: https://www.dawn.com/news/2016952/china-to-train-03m-pakistani-youths-in-digital-skills-annually-says-ahsan-iqbal, 20 Jul 2026]
1568
Consider the following statements about the digital economy initiatives in Pakistan:
1. The 3rd LCCI IT Freelancing Awards 2026 served as a platform to discuss digital skills training.
2. Punjab is the first province to launch large-scale artificial intelligence initiatives.
3. Freelancers are described as digital ambassadors who contribute to the national economy through foreign exchange.
Which of the statements given above is/are correct?
All three statements are factually accurate based on the event details. The LCCI awards provided the venue for the announcement, Punjab is leading in AI initiatives, and freelancers are officially recognized as digital ambassadors contributing to foreign exchange reserves. [Source: https://www.dawn.com/news/2016952/china-to-train-03m-pakistani-youths-in-digital-skills-annually-says-ahsan-iqbal, 20 Jul 2026]
1569
According to the Federal Minister for Planning, Pakistan currently holds what global rank in the freelancing sector?
Ahsan Iqbal stated that Pakistan has emerged as the fourth-largest freelancing country in the world. This status highlights the significant contribution of Pakistani youth to the global digital economy. [Source: https://www.dawn.com/news/2016952/china-to-train-03m-pakistani-youths-in-digital-skills-annually-says-ahsan-iqbal, 20 Jul 2026]
1570
Which of the following is NOT a stated objective of the government's current digital initiatives in Punjab?
The government explicitly stated that success in the modern digital world no longer requires large offices or heavy investments. Therefore, mandating physical offices is contrary to the government's stated policy of promoting a flexible, knowledge-based digital economy. [Source: https://www.dawn.com/news/2016952/china-to-train-03m-pakistani-youths-in-digital-skills-annually-says-ahsan-iqbal, 20 Jul 2026]
