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 1811–1820
of 9144 MCQs
Page 182 / 915
1811
According to the FPCCI President, what specific increase in petroleum prices has contributed to the rising business costs in Pakistan?
The FPCCI President highlighted that petroleum prices had increased by an exorbitant Rs 55 per litre, which, combined with high interest rates, has made industrial costs unsustainable. [Source: https://www.dawn.com/news/1980387/high-interest-rate-to-hit-economy-in-war-times-warn-businesses, 10 Mar 2026]
1812
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]
1813
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]
1815
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.
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]
1818
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]
1819
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]
1820
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]
