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The MCQs below are drawn from the Business Administration subject category.
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211
Consider the following statements about the diplomatic context of the Strait of Hormuz conflict:
1. A 14-point memorandum of understanding was signed between the US and Iran to address the future administration of the waterway.
2. Qatar has consistently refused to participate in any mediation efforts involving Iran since the conflict began.
3. The Strait of Hormuz serves as the primary route for Gulf energy exports.
Which of the statements given above is/are correct?
Statement 1 is correct as a 14-point MOU was established. Statement 2 is incorrect because, although Qatar previously refused to mediate, it has recently played an increasingly active role in hosting indirect talks. Statement 3 is a fundamental geographical fact regarding the importance of the strait. [Source: https://www.dawn.com/news/2013627/three-ships-struck-in-hormuz-flare-up-qatar-slams-iranian-attack, 07 Jul 2026]
212
On which date did the Privatisation Commission announce the formal transfer of management control of PIACL?
The formal transfer of management control was announced by the Privatisation Commission on June 29, 2026. January 29, 2026, was the date the Share Purchase and Subscription Agreement (SPSA) was executed. [Source: https://www.dawn.com/news/2011655/govt-formally-transfers-management-control-of-pia-to-arif-habib-led-consortium, 29 Jun 2026]
213
Which of the following statements regarding the PPP-JUI-F alliance is INCORRECT?
The alliance explicitly rejects street protests and long marches, advocating instead for parliamentary and democratic solutions to regional issues. Therefore, the statement claiming they support street protests is false. [Source: https://www.dawn.com/news/2011985/ppp-jui-f-announce-they-will-jointly-contest-upcoming-ajk-elections, 30 Jun 2026]
214
Which of the following statements regarding the Indus Waters Treaty is INCORRECT?
The treaty allocates the Indus, Jhelum, and Chenab rivers primarily to Pakistan, not India. The other statements accurately describe the treaty's date, purpose, and requirements. [Source: https://www.dawn.com/news/2011838/indus-commissioner-says-he-wrote-to-indian-counterpart-4-times-over-chenab-fluctuations-but-no-reply-so-far, 30 Jun 2026]
215
Which of the following is NOT a stated objective or outcome of the diplomatic efforts mentioned in the 2026 peace process?
The peace process focuses on de-escalation, reopening shipping lanes, and establishing communication mechanisms. Permanent annexation of territory is not a component of the Islamabad MoU or the current mediation framework. [Source: https://www.dawn.com/news/2011670/pm-shehbaz-to-visit-iran-turkiye-as-part-of-mediation-efforts-to-end-middle-east-war-sources, 29 Jun 2026]
216
Which of the following institutions is primarily responsible for the administration of fiscal laws and the collection of federal taxes in Pakistan?
The Federal Board of Revenue (FBR) is the apex federal agency tasked with the administration of fiscal policy, tax collection, and the enforcement of revenue-related legislation within the constitutional framework of Pakistan.
The PMD identified that moist currents from the Arabian Sea are penetrating the eastern and central parts of the country, alongside a westerly wave and moisture from the Bay of Bengal. Option D is incorrect because the Arabian Sea influence is a primary factor mentioned. [Source: https://www.dawn.com/news/2011619/pmd-forecasts-nationwide-monsoon-rainfall-from-first-week-of-july, 29 Jun 2026]
218
Consider the following statements about Pakistan's economic outlook for 2026:
1. The government expects inflationary pressures to ease due to the reopening of the Strait of Hormuz.
2. The size of the national economy reached 452.1 billion dollars by the end of the fiscal year.
3. The consumer price index (CPI) inflation for June 2026 was recorded at 15 percent.
Which of the statements given above is/are correct?
Statement 1 and 2 are factually correct based on the Ministry of Finance report. Statement 3 is incorrect because the ministry anticipated June inflation to remain within the range of 11-12 percent, not 15 percent. [Source: https://www.dawn.com/news/2011978/govt-expects-easing-inflationary-pressure-in-new-fiscal-year-following-reopening-of-strait-of-hormuz, 30 Jun 2026]
219
Who won the by-election in the Makerfield constituency on June 21, 2026?
Andy Burnham, the Mayor of Greater Manchester, won the by-election in Makerfield, which significantly increased pressure on Keir Starmer to resign. Peter Kyle is the Business Secretary who confirmed Starmer was reflecting on political realities. [Source: https://www.dawn.com/news/2009758/uk-pm-starmer-mulling-political-realities-senior-minister, 21 Jun 2026]
220
Which international agencies provided rating upgrades that reinforced investor confidence in Pakistan during 2026?
The government's commitment to IMF programs was reinforced by specific rating upgrades from Fitch and Moody's, which helped improve the overall investment climate. [Source: https://www.dawn.com/news/2011978/govt-expects-easing-inflationary-pressure-in-new-fiscal-year-following-reopening-of-strait-of-hormuz, 30 Jun 2026]
