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 1551–1560
of 9136 MCQs
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1551
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.
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]
1553
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]
1554
Which of the following statements regarding the July 2026 wildfire dispute is INCORRECT?
There is no evidence that a permanent trade embargo has been finalized; the administration only threatened the use of tariffs as a potential leverage tool. The other statements accurately reflect the events reported on July 21, 2026. [Source: https://www.dawn.com/news/2017162/trump-seeks-damages-from-canada-over-wildfires, 21 Jul 2026]
1555
In the FY27 budget, the government proposed reducing the super tax for businesses with annual incomes exceeding Rs500 million to what percentage?
The finance minister announced a reduction in the super tax from 10 percent to 8 percent for businesses earning over Rs500 million. This measure is part of the government's strategy to create an enabling environment for business growth. [Source: https://www.dawn.com/news/2007563/finance-minister-terms-proposed-fy27-budget-as-significant-progress-in-path-to-economic-growth, 13 Jun 2026]
1556
Consider the following statements about the US-Canada trade situation as of July 2026:
1. The US President invoked Section 338 to retaliate against what the administration termed discriminatory trade practices.
2. The tariffs apply to a diverse range of goods including wine, cement, and ice hockey gear.
3. The US Trade Representative is currently holding bilateral talks regarding the USMCA with Canadian officials in Mexico City.
Which of the statements given above is/are correct?
Statements 1 and 2 are correct. Statement 3 is incorrect because the US Trade Representative is holding bilateral talks with Mexico, having pointedly left Canada out of those specific negotiations. [Source: https://www.dawn.com/news/2017209/us-imposes-new-50pc-tariffs-on-20bn-worth-of-canadian-products, 21 Jul 2026]
1557
Which of the following sectors was explicitly cited by the US administration as a reason for the discriminatory treatment leading to the 2026 tariffs?
The US administration identified dairy goods, along with alcohol and American-made cars, as sectors subject to discriminatory treatment by Canada, prompting the tariff response. [Source: https://www.dawn.com/news/2017209/us-imposes-new-50pc-tariffs-on-20bn-worth-of-canadian-products, 21 Jul 2026]
1558
Who is the current Pope that has been involved in an escalating feud with the US administration regarding the war on Iran?
Pope Leo XIV is the first US-born pope and has been a vocal critic of the US-Israeli war on Iran. Pope Francis is mentioned as a predecessor who passed away in the previous year. [Source: https://www.dawn.com/news/1991418/i-thought-it-was-me-as-a-doctor-trump-on-ai-image-of-himself-as-jesus-like-figure, 13 Apr 2026]
1559
Consider the following statements about the appointment of Anas Sarwar:
1. He was appointed to the United Kingdom cabinet.
2. His father, Chaudhry Muhammad Sarwar, is a former Governor of Punjab.
3. The United Business Group (UBG) criticized the appointment as detrimental to Pakistan's interests.
Which of the statements given above is/are correct?
Statements 1 and 2 are factually correct. Statement 3 is incorrect because the UBG welcomed the appointment rather than criticizing it. [Source: https://www.brecorder.com/news/40431853/ubg-welcomes-induction-of-sarwar-into-uk-govt, 25 Jul 2026]
1560
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.