No verified paper has been uploaded for SPSC-PMS Business Administration Set-9 yet.
The MCQs below are drawn from the Business Administration subject category.
Showing 1131–1140
of 9133 MCQs
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1131
The Federal Board of Revenue (FBR) functions under the administrative oversight of which government department to ensure fiscal policy implementation?
The Federal Board of Revenue operates under the Ministry of Finance, serving as the central authority for the administration and collection of federal taxes within the national economic governance framework.
Consider the following statements regarding the global oil market situation in March 2026:
1. Crude benchmarks had surged to their highest levels since 2022 prior to the price plunge.
2. The US administration expressed concerns that high energy prices could negatively impact consumer sentiment before midterm elections.
3. Market analysts suggested that the initial price surge was an overreaction to the upside, while the subsequent plunge was an overreaction to the downside.
Which of the statements given above are correct?
All three statements are factually accurate based on the market conditions and expert commentary provided in the report. The surge to 2022 levels, the political sensitivity of energy prices, and the assessment of market overreaction are all verified components of the event. [Source: https://www.dawn.com/news/1980727/oil-plunges-15pc-amid-hopes-of-de-escalation, 11 Mar 2026]
1133
Which of the following best describes the primary mechanism of fiscal consolidation in the context of economic stabilization policies?
Fiscal consolidation is a policy framework aimed at reducing budget deficits and debt accumulation through disciplined expenditure management and improved tax administration.
The administration identified the Passu Cones area of Hunza as a primary location for public gatherings. The other locations are notable landmarks in the region but were not cited as official venues for the visit. [Source: https://www.dawn.com/news/2001810/aga-khan-affirms-commitment-to-supporting-development-during-meeting-with-president-zardari, 20 May 2026]
1135
Which of the following institutional mechanisms is primarily responsible for the administration of international trade rules and the resolution of trade disputes?
The World Trade Organization (WTO) serves as the primary intergovernmental organization that regulates international trade, administers trade agreements, and provides a forum for dispute settlement.
Sheikh Umer Rehan serves as the Chairman of the PVMA and issued the official statement regarding the stability of edible oil supplies. The other names listed are prominent business figures but do not hold this specific position. [Source: https://www.dawn.com/news/1980381/no-shortage-of-edible-oil-pvma, 10 Mar 2026]
1137
Which of the following security doctrines is characterized by the strategic reliance on nuclear superiority to deter conventional aggression?
The Massive Retaliation doctrine, formulated during the Eisenhower administration, emphasized the use of nuclear weapons as a primary deterrent against conventional military threats, distinguishing it from later doctrines like Flexible Response.
The government has not announced the elimination of petroleum levies; rather, it noted that these levies remain low. The other options are explicitly mentioned as goals or ongoing initiatives of the current administration. [Source: https://www.dawn.com/news/2016227/govt-to-fix-fuel-prices-daily-due-to-renewed-hostilities-in-persian-gulf-petroleum-minister, 17 Jul 2026]
1139
Which US legislative provision was invoked by the Trump administration to impose a temporary global tariff of 10 per cent?
Following the invalidation of IEEPA-based tariffs by the Supreme Court, the administration invoked Section 122 of the Trade Act to implement a temporary 10% global tariff. Section 301 is a separate process related to specific trade practice investigations. [Source: https://www.dawn.com/news/2016679/finance-minister-aurangzeb-arrives-in-us-on-3-day-visit-expected-to-hold-talks-on-trade-finance-investment, 19 Jul 2026]
1140
What is the primary objective cited by the government for the proposed increase in the use of AI and automation in the tax collection system?
The government aims to transition tax administration toward automation and AI to minimize human intervention. This is intended to improve transparency and efficiency in revenue collection. [Source: https://www.dawn.com/news/2007563/finance-minister-terms-proposed-fy27-budget-as-significant-progress-in-path-to-economic-growth, 13 Jun 2026]
