Free MCQs & Online Quiz Practice for Exams

Q: Pakistan's defense budget for the 2025–2026 fiscal year saw its largest increase in allocation directed toward which category?

A) Physical assets (arms and ammunition procurement)

B) Pakistan Navy operating expenses

C) Employee-related expenses (pensions)

D) Civil works and infrastructure development

Q: Which significant fifth-generation fighter jet did Pakistan announce its plan to acquire from China in late 2025, marking a qualitative shift in its air power?

A) J-16 Fighter Jet

B) FC-20 Fighter Jet

C) J-35 Fighter Jet

D) J-20 Mighty Dragon

Q: The Resilience and Sustainability Facility (RSF), approved by the IMF for Pakistan in 2025, specifically supports efforts related to:

A) Pensions and retiree benefits

B) Building economic resilience to climate vulnerabilities

C) Modernizing the railway infrastructure

D) Establishing a national digital currency

Q: The Governance and Corruption Diagnostic Assessment (GCDA), released by the IMF in late 2025, identified systemic weaknesses across all state institutions in Pakistan and demanded a reform plan within:

A) 12 months

B) 6 months

C) 3 months

D) 18 months

Q: Pakistan’s Finance Minister was tasked in late 2025 to submit an action plan to the IMF based on governance and anti-corruption reforms that could potentially raise the country's GDP by:

A) 1-2.5%

B) 3-4%

C) 5-6.5%

D) 7-8.5%

Q: Which Pakistani provincial government lifted the long-running ban on the traditional spring festival of Basant in December 2025 by issuing a new regulatory ordinance?

A) Sindh

B) Khyber Pakhtunkhwa

C) Balochistan

D) Punjab

Q: Which significant Pakistani private consortium finalized the privatization of Pakistan International Airlines (PIA) assets in late 2025?

A) Sachal Sarmast Consortium

B) Air Blue Consortium

C) SereneAir Holdings

D) Hajvairy Consortium

Q: The 'J-31 Gyrfalcon' (FC-31), frequently mentioned in discussions about Pakistan's military modernization, is a Chinese-made:

A) Submarine

B) Long-range ballistic missile

C) Air defense system

D) Fifth-generation stealth fighter jet

Q: The IMF's October 2025 staff-level agreement with Pakistan was reached for the Second Review of the Extended Fund Facility (EFF) and the First Review of the:

A) Structural Adjustment Facility (SAF)

B) Poverty Reduction and Growth Trust (PRGT)

C) Resilience and Sustainability Facility (RSF)

D) Supplemental Reserve Facility (SRF)

Q: The Benazir Income Support Program (BISP), a key social protection measure in Pakistan, is being enhanced under the 2025 IMF program to increase its:

A) Political autonomy and transparency

B) Investment in the housing sector

C) Focus on military families exclusively

D) Generosity, coverage, and administrative capacity

Q: Pakistan's State Bank of Pakistan (SBP) remains committed to a prudent monetary policy stance to keep inflation durably within its target range of:

A) 2-4%

B) 5-7%

C) 8-10%

D) 10-12%

Q: The 'Tax Policy Office', established in Pakistan under the 2025 IMF program, is mandated to lead medium-term reforms to simplify the tax code and reduce reliance on:

A) Provincial contributions

B) Foreign aid disbursements

C) Ad hoc and temporary tax measures

D) Income taxes on the wealthy

Q: The 'Sino-Pakistan Air Force Joint Exercise' held in 2025, aimed at enhancing interoperability, was code-named:

A) Shaheen-X

B) Shaheen-XI

C) Friendship-25

D) Azm-e-Nau V

Q: The 'UNICEF' report in 2025 highlighted Pakistan's poor progress in achieving global targets related to:

A) Maternal and child health (stunting and malnutrition)

B) Digital currency adoption

C) High-speed rail development

D) Defense export revenues

Q: The 'National Tariff Policy' implemented by Pakistan in late 2025 aims to simplify the tariff structure and reduce:

A) Taxes on imports of luxury goods

B) Protectionist barriers and import duties on essential industrial inputs

C) Export subsidies for the textile sector

D) Excise duties on domestically produced goods

Q: Pakistan's major focus in CPEC Phase II in late 2025 shifted from energy and infrastructure to:

A) Tourism and hospitality

B) Nuclear energy development

C) Military base expansion

D) Industrial cooperation and agricultural modernization

Q: The 'Agri-Policy Dialogue' in late 2025 between Pakistan and the IMF focused heavily on reforms to reduce government intervention in:

A) Fertilizer subsidies

B) Commodity markets to foster competition

C) Water resource management

D) Foreign currency exchange rates

Q: The Pakistan Air Force (PAF) announced plans in late 2025 to procure a new batch of advanced drones (UAVs) developed in cooperation with:

A) Turkey

B) United States

C) China

D) Russia

Q: The 'Karachi-Peshawar Motorway (M-6)' project, a major CPEC component that saw development in 2025, is primarily intended to improve connectivity between:

A) Southern and Northern Pakistan

B) Northern and Eastern Pakistan

C) Balochistan and Sindh

D) Pakistan and Iran

Q: The 'IMF's Governance and Corruption Diagnostic Assessment' (2025) explicitly recommended that Pakistan's Special Investment Facilitation Council (SIFC) must publish:

A) Its quarterly meeting minutes

B) Its full budget allocation details

C) A public list of all its employees

D) Its first annual report with full project disclosure