The 7th National Finance Commission Award was signed on 30 December 2009 and came into effect on 1 July 2010, marking its formal commencement in 2010. [3](https://pakmcqs.com/past-papers/css-past-papers-mcqs/css-current-affairs-past-paper-mcqs/css-2025-current-affairs-past-paper-mcqs/7th-nfc-award-was-signed-in)

Professor Muhammad Yunus and Grameen Bank were jointly awarded the Nobel Peace Prize in 2006 for pioneering microcredit and social business. [2](https://www.earthna.qa/node/4514)

Indo-Muslim culture developed strong roots from Central Asian traditions brought over centuries by ruling dynasties, scholars, artisans, and Sufi orders from the Ghaznavid, Ghorid, Delhi Sultanate, and Mughal eras. This influence is prominently reflected in architectural styles, court administration, sartorial choices, music, and culinary traditions.

Quaid-e-Azam, as Governor-General, dismissed the Ayub Khuhro Ministry in Sindh in April 1948 due to allegations of maladministration and corruption. The original question had a typo (“Khoro”), corrected to “Khuhro.”

Owner's investment increases business cash (debit) and increases owner's equity (credit Owner's Capital), following double-entry rules.

Khudabadi (a Landa-derived script) was traditionally used by Sindhi Hindu traders for mercantile records.

E-governance enhances transparency and access to information, which can reduce corruption and improve citizen oversight of public services.

Subsidiarity holds that responsibilities should be assigned to the lowest competent level to enhance responsiveness and efficiency.

Public choice theory applies economic assumptions of self-interest and incentives to public actors, explaining behavior as responses to those incentives.

Weber’s bureaucracy is characterized by impersonal, rule-based procedures and merit-based authority to ensure predictable administration.