Fiscal policy is the means by which a government adjusts its spending levels and

tax rates to monitor and influence a nation's economy. It is the sister strategy to
monetary policy through which a central bank influences a nation's money supply.
Monetary policy is the actions of a central bank, currency board or other
regulatory committee that determine the size and rate of growth of the money
supply, which in turn affects interest rates.
Expansionary monetary policy aims to increase aggregate demand and
economic growth in the economy. Expansionary monetary policy involves cutting
interest rates or increasing the money supply to boost economic activity.
Contractionary monetary policy is a decrease in the quantity of money in
circulation, with corresponding increases in interest rates, for the expressed purpose
of putting the brakes on an overheated business-cycle expansion and to address the
problem of inflation.

Pakistan Affairs MCQs

1. The president of China arrived in Pakistan for two day visit on _______ .
A. 18 April 2015
B. 19 April 2015
C. 20 April 2015
D. 21 April 2015

2. The bill for 21st amendment in the constitution of Pakistan was passed from the national
assembly of Pakistan on __________.
A. 4 January 2015
B. 5 January 2015
C. 6 January 2015
D. 7 January 2015

3. The provisions of the 21st amendment shall remain in force for a period of __________
year(s).
A. 1
B. 2
C. 3
D. 4

4. The president of China on his visit to Pakistan signed development projects of worth
__________ billions.
A. $40
B. $46
C. $50
D. $54
5. The proposed motorway from Gawadar to Kashghar is about __________ km.
A. 2600
B. 2800
C. 3000
D. 3200

6. Turkish Justice and Development Party has been in power since __________ .
A. 2002
B. 2003
C. 2004
D. 2005

7. Dr Ishrat-ul-Ibad has been Governor of Sindh since __________ .

A. 2002
B. 2003
C. 2003
D. 2004

8. The 21st has amended the first schedule of the constitution and the article __________ .
A. 172
B. 173
C. 174
D. 175

9. International Court of Arbitration sets minimum flow of __________ m3/sec into the
Neelum River.
A. 5
B. 7
C. 9
D. 11

10. The Installed Capacity of NeelumJhelum Hydropower Plant is __________ MW.

A. 948
B. 955
C. 962

D. 969
ANSWERS
1. C
2. C
3. B
4. B
5. C
6. A
7. A
8. D
9. C
10. D

 Diamer-Bhasha Dam has been planned on the river _________ .

A. Indus
B. Jhelum
C. Chenab
D. Sutlej
Mirani Dam is located in __________ .
A. Sindh
B. Punjab
C. KPK
D. Baluchistan
Salt Mine, Khewra is located in _________ district.
A. Jhelum
B. DG Khan
C. DI Khan
D. Gujrat
Which river does NOT flow from Jammu and Kashmir?
A. Indus
B. Jhelum

C. Chenab
D. Ravi
Who serves as the acting president in the absence of president?
A. Prime Minister
B. Speaker National Assembly
C. Chairman Senate
D. Foreign Minister
Largest source of electricity in Pakistan is __________?
A. Hydal
B. Thermal
C. Coal Energy
D. Geo Energy
The national flower of Pakistan is __________?
A. Rose
B. Jasmine
C. Sun flower
D. Lily
The headquarter of Navy is located in __________?
A. Karachi
B. Lahore
C. Islamabad

D. Rawalpindi
The Head Office of Institute of Chartered Accountants of Pakistan (ICAP) is in __________?
A. Karachi
B. Lahore
C. Islamabad
D. Rawalpindi
Total number of seats in National Assembly of Pakistan are __________.
A. 306
B. 326
C. 332
D. 342

 Diamer-Bhasha Dam has been planned on the river _________ .

A. Indus
B. Jhelum
C. Chenab
D. Sutlej
Mirani Dam is located in __________ .
A. Sindh
B. Punjab
C. KPK
D. Baluchistan
Salt Mine, Khewra is located in _________ district.
A. Jhelum
B. DG Khan
C. DI Khan
D. Gujrat
Which river does NOT flow from Jammu and Kashmir?
A. Indus
B. Jhelum
C. Chenab
D. Ravi
Who serves as the acting president in the absence of president?

A. Prime Minister
B. Speaker National Assembly
C. Chairman Senate
D. Foreign Minister
Largest source of electricity in Pakistan is __________?
A. Hydal
B. Thermal
C. Coal Energy
D. Geo Energy
The national flower of Pakistan is __________?
A. Rose
B. Jasmine
C. Sun flower
D. Lily
The headquarter of Navy is located in __________?
A. Karachi
B. Lahore
C. Islamabad
D. Rawalpindi
The Head Office of Institute of Chartered Accountants of Pakistan (ICAP) is in __________?
A. Karachi

B. Lahore
C. Islamabad
D. Rawalpindi
Total number of seats in National Assembly of Pakistan are __________.
A. 306
B. 326
C. 332
D. 342
ANSWERS
11. A
12. D
13. A
14. D
15. C
16. B
17. B
18. C
19. A
20. D