CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
The IMF's role in Pakistan generally involves:
A. Balance-of-payments financing and macroeconomic reform support
B. Running provincial governments
C. Fixing crop prices directly
D. Operating PSX
Correct Answer: A
IMF programmes support external financing and macroeconomic stabilization subject to policy commitments.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
An unconditional cash transfer differs because it:
A. Does not require a specified behavioural condition
B. Is only paid to firms
C. Must be repaid with interest
D. Is a customs duty
Correct Answer: A
Unconditional assistance is provided without a required activity such as attendance.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
A conditional cash transfer normally requires beneficiaries to:
A. Meet specified conditions such as school attendance
B. Buy government bonds
C. Export goods
D. Open a factory
Correct Answer: A
Conditional transfers link support to actions such as education or health participation.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
BISP is primarily a:
A. Social protection programme
B. Central bank
C. Stock exchange
D. Customs authority
Correct Answer: A
The Benazir Income Support Programme provides targeted social assistance.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
The Public Procurement Regulatory Authority aims to improve:
A. Transparency and efficiency in public procurement
B. Private household borrowing
C. Crop yields
D. Exchange-rate forecasting
Correct Answer: A
PPRA sets rules and standards for public procurement.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
OGRA regulates activities in Pakistan's:
A. Oil and gas midstream/downstream sectors
B. Stock exchange
C. School system
D. Agricultural credit only
Correct Answer: A
OGRA regulates oil, gas and related infrastructure and pricing matters within its mandate.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
NEPRA regulates the:
A. Electric power sector
B. Banking sector
C. Textile sector
D. Agricultural census
Correct Answer: A
NEPRA is the regulator for electric power generation, transmission, distribution and tariffs.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
Privatization means:
A. Transfer of state-owned assets or management to the private sector
B. Transfer of private assets to the state
C. Printing more currency
D. Raising the policy rate
Correct Answer: A
Privatization reduces direct state ownership by transferring assets, shares or management.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
The Privatisation Commission was established in:
A. 1972
B. 1980
C. 1991
D. 1999
Correct Answer: C
The Commission was established on 22 January 1991.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
The unified Pakistan Stock Exchange was formally inaugurated in:
A. 1991
B. 1999
C. 2016
D. 2020
Correct Answer: C
The unified PSX was inaugurated in January 2016.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
The Pakistan Stock Exchange was formed by integrating the stock exchanges of:
A. Karachi, Lahore and Islamabad
B. Karachi, Peshawar and Quetta
C. Lahore, Multan and Faisalabad
D. Islamabad, Gwadar and Hyderabad
Correct Answer: A
KSE, LSE and ISE were integrated into PSX.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
SECP regulates Pakistan's:
A. Corporate sector, securities markets, insurance and NBFCs
B. Monetary policy
C. Agricultural extension only
D. Customs posts
Correct Answer: A
SECP is the principal corporate and non-bank financial regulator.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
SECP became operational on:
A. 1 July 1948
B. 1 January 1999
C. 14 August 2001
D. 1 January 2016
Correct Answer: B
The Securities and Exchange Commission of Pakistan became operational on 1 January 1999.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
The Council of Common Interests is especially relevant to economic governance involving:
A. Federal-provincial shared subjects
B. Foreign embassies only
C. Private contracts only
D. Municipal elections only
Correct Answer: A
The CCI coordinates matters shared by the federation and provinces.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
The largest weight in the horizontal distribution formula of the 7th NFC Award is assigned to:
A. Population
B. Area
C. Tax collection only
D. Exports
Correct Answer: A
Population remains the largest criterion, supplemented by poverty, revenue effort and inverse population density.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
Under the 7th NFC Award, the provincial share in the divisible pool from FY2011-12 onward is:
A. 42.5 percent
B. 50 percent
C. 57.5 percent
D. 75 percent
Correct Answer: C
The provincial share was set at 57.5 percent from FY2011-12 onward.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
The NFC Award mainly deals with:
A. Distribution of financial resources between federation and provinces
B. Appointment of judges
C. Foreign policy
D. Monetary policy
Correct Answer: A
The NFC recommends vertical and horizontal distribution of divisible-pool revenues.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
The National Finance Commission is provided for under Article:
A. 140
B. 160
C. 184
D. 227
Correct Answer: B
Article 160 provides for the National Finance Commission.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
Development expenditure differs from current expenditure because it generally finances:
A. Projects and capital formation
B. Routine salaries only
C. Debt interest only
D. Pensions only
Correct Answer: A
Development spending supports projects, infrastructure and capacity creation.
CSS - PMS - CCE - PCS - Pakistan Affairs (P.A)
1947 - Present - Economy - Economy of PakistanSectors and Indicators
PSDP stands for:
A. Public Sector Development Programme
B. Pakistan Securities Deposit Plan
C. Provincial Social Debt Policy
D. Public Savings Distribution Pool
Correct Answer: A
PSDP is the federal government's development expenditure programme.