General Knowledge MCQs
Topic Notes: General Knowledge
MCQs and preparation resources for competitive exams, covering important concepts, past papers, and detailed explanations.
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
11
Pakistan's 'Blue Economy' policy aims to exploit resources from:
Answer:
Maritime/Ocean sectors
The Blue Economy policy focuses on the sustainable use of ocean resources for economic growth, including fisheries, shipping, and offshore energy.
12
The 'Toshakhana' policy was revised in 2023-24 to ban the retention of gifts worth more than:
Answer:
$300
The new Toshakhana policy prohibits public office holders from retaining gifts exceeding a value of $300, mandating they be deposited in the state repository.
13
The 'National Firewall' implemented in 2024 serves what primary purpose?
Answer:
Internet traffic monitoring and content filtering
The National Firewall was installed to monitor internet traffic, filter content considered 'propaganda' or fake news, and manage cybersecurity threats.
14
Which international airline has shown interest in the management outsourcing of Islamabad International Airport?
Answer:
Turkish Airlines / Qatar Airways consortiums
Consortiums involving operators from Turkey and Qatar have expressed interest in the outsourcing of operations for Islamabad International Airport.
15
The 'Special Investment Facilitation Council' (SIFC) apex committee is chaired by:
Answer:
Prime Minister
The Apex Committee of the SIFC is chaired by the Prime Minister of Pakistan, with the Army Chief and other high-ranking officials as members.
16
The 'Winter Package 2024' offered relief on which utility to encourage consumption?
Answer:
Electricity (Incremental usage)
The government offered a reduced tariff on incremental electricity consumption during winter months to encourage the use of surplus power capacity and reduce reliance on gas heating.
17
What is the new Advance Withholding Tax rate for non-filer retailers and wholesalers in the 2024-25 Budget?
Answer:
2.25%
To penalize non-compliance, the Advance Withholding Tax for non-filer distributors, wholesalers, and retailers was increased from 1% to 2.25%.
18
The 'Track and Trace System' is currently implemented on which major sectors?
Answer:
Tobacco, Sugar, Cement, and Fertilizer
The FBR's Track and Trace System covers four key sectors: Tobacco, Sugar, Cement, and Fertilizer, to monitor production and prevent tax evasion.
19
Which export sector faced the removal of the fixed 1% final tax regime in the 2024-25 Budget?
Answer:
Exporters (General)
The 2024-25 budget shifted exporters from a fixed 1% final tax regime to the normal tax regime (29% corporate tax + super tax), treating the 1% payment only as a minimum tax.
20
The tax-to-GDP ratio of Pakistan reached what level in FY 2024-25 for the first time in a decade?
Answer:
10.3%
Driven by aggressive taxation measures, the FBR's tax-to-GDP ratio crossed into double digits, reaching approximately 10.3% in FY 2024-25.