The announcement was made by Bilawal Bhutto-Zardari and Maulana Fazlur Rehman during a press conference held on June 30, 2026. While July 27 is the date of the elections, the alliance was declared earlier. [Source: https://www.dawn.com/news/2011985/ppp-jui-f-announce-they-will-jointly-contest-upcoming-ajk-elections, 30 Jun 2026]
362
According to the Ministry of Finance, the current account recorded a surplus of how much during the period of July 2025 to May 2026?
The external sector remained stable, with the current account recording a surplus of 255 million dollars during the Jul-May period of the 2026 fiscal year, supported by remittances and IT exports. [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]
363
The primary surplus achieved by Pakistan during the period of July 2025 to April 2026 was:
Effective expenditure management and revenue mobilization efforts enabled the government to achieve a primary surplus of 3.5 percent of GDP during the Jul-Apr period of the 2026 fiscal year. [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]
364
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]
365
Consider the following statements about the resignation of Keir Starmer:
1. He served as Prime Minister for a total of six years.
2. He requested the National Executive Committee to initiate the leadership contest process.
3. He intends to remain in office until the leadership contest is finalized.
Which of the statements given above is/are correct?
Statement 1 is incorrect because Starmer served as Prime Minister for two years, not six (he mentioned being in the Labour Party for six years). Statements 2 and 3 are factually accurate based on his address. [Source: https://www.dawn.com/news/2009971/uk-pm-starmer-announces-resignation-amid-mounting-pressure-says-will-give-successor-full-unequivocal-support, 22 Jun 2026]
366
Which economic principle serves as the foundational justification for international trade by suggesting that nations should specialize in producing goods where they possess a lower opportunity cost?
Comparative Advantage is the core economic doctrine explaining why trade is mutually beneficial, even if one nation is more efficient at producing all goods, by focusing on relative efficiency and opportunity costs.
The Marrakesh Agreement, which formalized the transition from the General Agreement on Tariffs and Trade (GATT), established which of the following international bodies?
The Marrakesh Agreement (1994) established the World Trade Organization (WTO) as the successor to the GATT, providing a permanent institutional framework for multilateral trade governance.
Article 129 of the Constitution of Pakistan explicitly mandates that the executive authority of the province shall vest in the Governor and be exercised by him, either directly or through officers subordinate to him, in accordance with the Constitution.
Starmer confirmed that he informed King Charles III of his decision to resign on the morning of his announcement. While he also addressed the National Executive Committee regarding the contest timetable, the formal notification of his resignation was directed to the monarch. [Source: https://www.dawn.com/news/2009971/uk-pm-starmer-announces-resignation-amid-mounting-pressure-says-will-give-successor-full-unequivocal-support, 22 Jun 2026]
370
According to the announced timeline, when is the new Labour Party leader expected to be in place?
Starmer stated that the leadership contest would be completed to ensure a new leader is in place before parliament returns in September 2026. Option D is incorrect because the timeline is explicitly linked to the parliamentary calendar. [Source: https://www.dawn.com/news/2009971/uk-pm-starmer-announces-resignation-amid-mounting-pressure-says-will-give-successor-full-unequivocal-support, 22 Jun 2026]
