Economy, Projects & Development — Part 2: 40 MCQs with Explanations

Chief minister Balochistan Jam Kamal Khan Alyani laid foundation stone of Winder Dam Dam on 10 August 2021.

Jovenel Moïse is the correct answer to “Which president of Haiti has recently been killed in an attack on his home in the country’s capital Port-au-Prince”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Pakistan is the correct answer to “Which of the following country becomes largest exporter of Camel meat worldwide 2020 according to Global Export survey of 2020”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Punjab budget for the financial year 2021-2022 is Rs2,653 Billion billion.

$15Billion is the correct answer to “What amount is set for new project named “Kanal Istanbul” by the Turkish Government”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Black Sea & Marmara Sea is the correct answer to “Turkish President Tayyip Erdogan has launched a $15 billion project named “Kanal Istanbul” which runs parallel to Bosphorus Strait will connect:”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

26th June 2021 is the correct answer to “When Turkish President Recep Tayyip Erdogan has laid a foundation stone on a $15 billion project named “Kanal Istanbul””. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

On 25 June 2021 Pakistan secured 4.5 billion dollars worth of three year trade financing facility from Islamic Trade Finance Corporation ITFC to cover import cost of crude oil, LNG and petroleum products.

Total budget of Pakistan for the current fiscal year 2021-22 is 8.48 trillions rupees.

Sindh is the correct answer to “Which of the following province launched Solar home project in 10 districts”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Iran is the correct answer to “China signed a deal of economic partnership of 400 billion dollars to which of the following country”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

HBL is the correct answer to “Which bank creates history, becomes the first Pakistani bank to open a branch in Beijing, China”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Suez Canal is the correct answer to “A ship recently blocked which trade route causing the world economy to lose million of Dollars”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

United states is the correct answer to “Which Country put Myanmar ministries, businesses to its trade blacklist”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Jhelum is the correct answer to “In which of the following city Prime Minister Imran Khan will launch a tourism project “Al-Beruni Radius””. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Lahore is the correct answer to “Prime minister Imran khan lays foundation stone of Central Business District (CBD) project in which city of Pakistan”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Pakistan Railway to run train from Islamabad-Tehran-Istanbul in order to strengthen trade.

Pakistan, International Islamic Trade Finance Corporation (ITFC) signed Annual Financing Plan 2021 worth $1.1 billion billion on February 24, 2021.

The Gilgit-Baltistan government and National Bank of Pakistan Bank have signed a memorandum of understanding (MoU) in Feb 2021 to promote tourism in the region.

23rd Jan 2021 is the correct answer to “When Turkey launched its first frigate of Istanbul-class built under national MILGEM Project”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Pak­ImpactInvest is the correct answer to “What is the name of the Pakistan first national investment platform launched on February 09, 2021”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Raast is the correct answer to “State bank of Pakistan with collaborations of Bill and Melinda Gates Foundation and Karandaaz Pakistan developed which new digitalalization system for increasing financial system”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Prime Minister Imran Khan on 8th January approved Decision Support System for Inflation (DSSI) to record and monitor prices of essential commodities in 17 major cities.

China is the correct answer to “EU signed New Investment Treaty with which country”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Industrial & Commercial Bank of China (ICBC) is the correct answer to “Which is the biggest Bank in the World 2020”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

The Water and Power Development Authority (WAPDA) is set to raise a international commercial loan of $500 Million through Euro bonds to meet foreign finance needs.

United States is the correct answer to “Which country has banned cotton imports from China citing ‘Slave labour’”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Asia-Pacific nations signed world’s biggest free-trade agreement on 15th November, 2020 .

15 is the correct answer to “How many nation’s Asia-Pacific region signed the world’s largest free trade agreement on November 15th, 2020”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

India is the correct answer to “The Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement between the Asia-Pacific nations signed by 15 countries EXCEPT:”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

The Dam inaugurated in October 2020 by Sindh Government in Ninghar haar the district of tharparkar is KaliDas dam .

The $1.6 billion Matiari-Lahore transmission project is the 1st HVDC project in Pakistan and 2nd in the World .

What kind of Matairi_Lahore project is HVDC.

15 September 2020 is the correct answer to “When did PM Imran Khan lay foundation stone of Ravi River Front Urban Development Project”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

The Pakistan- China fiber optic is an 820- kilometer-long optic cable project from Rawalpindi to Khunjerab.

On Aug 07,2020 PM Imran Khan launched the Ravi Urban Development Project under which Ravi City would be created north of lahore near the Ravi river at a cost of Rs5 Trillion .

UAE is the correct answer to “Which country is going to host the 6th annual meeting of Asian Infrastructure Investment Bank (AIIB) in 2021”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

Pakistan has signed an agreement with China for 700 MW Azad Pattan hydropower Project in July 2020.

Iran is the correct answer to “Which nation has dropped India from Chahbahar Rail Project”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.

China is the correct answer to “Which country has recently decided to join the UN Arms trade Treaty”. Items of this type are drawn from the Economy, Projects & Development — Part 2 syllabus of Pakistani competitive exams, where the fact is tested verbatim.