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81
Consider the following statements regarding the government's current economic strategy:
1. The government introduced new taxes in the current fiscal year to boost revenue.
2. The government is moving toward the tokenisation of cryptocurrency as a regulated activity.
3. The closure of the Afghanistan border has negatively impacted the country's export-led growth strategy.
Which of the statements given above is/are correct?
Correct Option
Option B
Explanation
Statement 1 is incorrect because the Finance Minister stated that no new taxes were introduced this year, focusing instead on enforcement. Statements 2 and 3 are accurate reflections of the government's regulatory stance and current trade challenges. [Source: https://www.dawn.com/news/2008354/aurangzeb-terms-tax-asaan-scheme-for-traders-a-paradigm-shift, 16 Jun 2026]
82
The government aims to upskill Pakistani freelancers in which specific technology to increase their hourly earnings?
Correct Option
Option A
Explanation
The government is focusing on blockchain technology to help freelancers transition from basic coding services to higher-value roles. While AI is mentioned in the broader context of Web 3.0, blockchain is the specific focus for upskilling. [Source: https://www.dawn.com/news/2008354/aurangzeb-terms-tax-asaan-scheme-for-traders-a-paradigm-shift, 16 Jun 2026]
83
What tax rate has been set for traders under the newly introduced Tax Asaan Scheme?
Correct Option
Option B
Explanation
The Finance Minister confirmed that the tax rate for traders was kept at 1 percent to encourage initial participation in the tax net. Higher rates would likely discourage the intended expansion of the tax base. [Source: https://www.dawn.com/news/2008354/aurangzeb-terms-tax-asaan-scheme-for-traders-a-paradigm-shift, 16 Jun 2026]
84
In which specific industrial sector did the government first implement its digital product monitoring system?
Correct Option
Option A
Explanation
The digital product monitoring system was initiated in the sugar sector as a pilot project for broader enforcement. Other sectors like beverages and textiles are subsequent targets for this system. [Source: https://www.dawn.com/news/2008354/aurangzeb-terms-tax-asaan-scheme-for-traders-a-paradigm-shift, 16 Jun 2026]
85
Consider the following statements about the Punjab budget for the fiscal year 2026-27:
1. The budget includes the imposition of new taxes to cover the fiscal deficit.
2. The proposed allocation for education is 15 percent higher than the previous fiscal year.
3. The government has allocated funds for the construction of police stations in riverine areas.
Which of the statements given above is/are correct?
Correct Option
Option B
Explanation
Statement 1 is incorrect because the Chief Minister explicitly stated that the budget was prepared without imposing any new taxes. Statements 2 and 3 are factually accurate according to the budget speech. [Source: https://www.dawn.com/news/2008300/punjab-finance-minister-presents-people-friendly-budget-in-assembly, 16 Jun 2026]
86
Which specific initiative in the 2026-27 Punjab budget includes the establishment of Neuro Cath Labs?
Correct Option
Option D
Explanation
The government set aside Rs1.75 billion for Neuro Cath Labs under the Stroke Initiative. The Nawaz Sharif Medical District is a separate health infrastructure project. [Source: https://www.dawn.com/news/2008300/punjab-finance-minister-presents-people-friendly-budget-in-assembly, 16 Jun 2026]
87
What is the primary objective of the Central Processing Unit mentioned in the Tax Asaan Scheme?
Correct Option
Option C
Explanation
The Central Processing Unit is designed to automate tax monitoring and reduce the discretionary authority of tax officials. is incorrect as the scheme aims to limit, not increase, such powers. [Source: https://www.dawn.com/news/2008354/aurangzeb-terms-tax-asaan-scheme-for-traders-a-paradigm-shift, 16 Jun 2026]
88
What is the proposed percentage increase in the salaries of government employees in the 2026-27 Punjab budget?
Correct Option
Option A
Explanation
The budget proposes a 7 percent increase in salaries for government employees. The 3.5 percent figure refers to the increase in pensions for retired employees. [Source: https://www.dawn.com/news/2008300/punjab-finance-minister-presents-people-friendly-budget-in-assembly, 16 Jun 2026]
89
What is the newly announced minimum wage for workers in Sindh as per the 2026-27 budget?
Correct Option
Option B
Explanation
The provincial government increased the minimum wage to Rs43,000 to provide relief to the workforce. The other figures are incorrect as they do not align with the specific policy decision announced in the budget speech. [Source: https://www.dawn.com/news/2008557/sindh-cm-murad-ali-shah-presents-rs356tr-budget-with-no-new-taxes-7pc-pay-raise, 17 Jun 2026]
90
What is the total volume of the Punjab provincial budget for the fiscal year 2026-27?
Correct Option
Option A
Explanation
The provincial government officially proposed a budget of Rs5.9 trillion for the upcoming fiscal year. Other figures are incorrect distractors representing different potential fiscal scales. [Source: https://www.dawn.com/news/2008300/punjab-finance-minister-presents-people-friendly-budget-in-assembly, 16 Jun 2026]
