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The MCQs below are drawn from the Business Administration subject category.
Showing 61–70
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61
A tax system usually comprises :
A. Tax policy and audit
B. Tax reforms and automation
C. Tax policy and revenue administration
D. None
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Explanation
A tax system combines tax policy (the rules and rates) with revenue administration (the collection and enforcement arm) to raise taxes.
62
National Assembly passed the Finance (Supplementary) Bill, 2021, termed widely as a “mini-budget?
A. 10 January 2022
B. 11 January 2022
C. 13 January 2022
D. 15 January 2022
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Explanation
The National Assembly passed the Finance (Supplementary) Bill, 2021 (the mini-budget) on 13 January 2022.
63
Who presented federal budget for the fiscal year 2021-2022 on the floor of the National Assembly on June 11, 2021?
A. Hammad Azhar
B. Asad Umar
C. Shaukat Tarin
D. Hafeez Sheikh
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Explanation
Shaukat Tarin presented the federal budget for fiscal year 2021–2022 on the National Assembly floor on June 11, 2021.
64
When first case of Omicron sub-variant detected in Pakistan?
A. April 9th 2022
B. January 4th 2022
C. February 21th 2022
D. May 9th 2022
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Explanation
Per the cited source, Pakistan’s first detected case of the Omicron sub-variant occurred on May 9, 2022.
65
The business ________ was looking for an opportunity to destroy him.
A. rival
B. enemy
C. opponent
D. none of these
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Explanation
Rival means a competing business adversary, which matches someone looking for an opportunity to destroy him.
66
Assets-Liabilities =
A. Debt
B. Profit
C. Equity
D. None
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Explanation
Equity is the owner's residual interest in a business and equals total assets minus total liabilities.
67
The long- run pattern of economic growth and recession is called :
A. a business cycle
B. An annual budget
C. A project cycle
D. None
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Explanation
A business cycle describes the long-run pattern of economic expansions and recessions, showing periodic growth and contraction.
68
How many Asian countries are participating in FIFA World Cup 2022?
A. 6
B. 7
C. 5
D. 4
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Explanation
Five Asian teams—Qatar, Iran, South Korea, Japan, and Saudi Arabia—qualified to participate in the 2022 FIFA World Cup.
69
The 2022 FIFA World Cup is scheduled to be held in which country?
A. Qatar
B. Argentina
C. France
D. Brazil
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Explanation
The 2022 FIFA World Cup was scheduled to be hosted by Qatar.
70
Name the Prime Minster of Japan, who are assassinated during the election campaign in 2022?
A. Fumio Kishida
B. Shinzo Abe
C. Yoshihide Suga
D. Taro Aso
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Explanation
Shinzo Abe was a former prime minister of Japan who was assassinated during a 2022 election campaign.
