Category: General Knowledge MCQs

Latest multiple choice questions of general knowledge.

General Knowledge MCQs [Quiz 43]

Q1. The Balance of payment is understood as:
(a) The balance of amount after paying debt
(b) The balance of income and expenditure in the annual budget
(c) The balance between a nation’s expenditure on imports and its receipts from exports
(d) None of the above

Q2. Pinpoint the main objectives of World Trade Organization (WTO):
(a) Fix a quota for each member country trading in International Market
(b) To eliminate quota system and promote her competition in trade.
(c) To secure Third World markets for American and European goods
(d) To abolish completely custom duties on items of trade within member countries

Q3. The number of family welfare centres in Punjab are:
(a) 560
(b) 040
(c) 1230
(d) 1503

Q4. Which of the following statement is not true?
(a) The World Bank has to affiliates, the International Development Association and the International Finance Corporation
(b) The membership of the IMF is the principal condition for membership of the World Bank
(c) The World Bank provides loans to such countries whose balance of payments condition is not favourable
(d) The World Bank finance all kinds of capital infrastructure such as roads and railways, telecommunications, seaports and power facilities in the developing countries

Q5. Identify the main functions of IMF:
(a) To provide loans to the members of UNO for development of Industrial infra structure
(b) To make foreign exchange resources available for those countries that want to import essential items of food
(c) To make foreign exchange resources available for those countries facing balance of payments difficulties
(d) None of the above

Q6. The United Nations celebrated ‘International Year of Shelter for the Homeless” in:
(a) 1985
(b) 1987
(c) 1990
(d) 1992

Q7. The Islamic Development Bank would provide half a billion US dollars in Capital to create
(a) Private Pan Islamic Bank
(b) International Islamic Foundation for Science and Technology
(c) Refugees Rehabilitation Fund
(d) None of the above

Q8. The domestic production of crude oil in the country is approximately (per day)
(a) 44,300 Barrels
(b) 57,700 Barrels
(c) 65,200 Barrels
(d) 70,000 Barrels

Q9. The regulations of World Trade Organization (WTO) shall be enforced from
(a) 1 January 2002
(b) 1 January 2003
(c) 1 July 2004
(d) 1 January 2005

Q10. The biggest market of Pakistani exports in
(a) France
(b) Saudi Arabia
(c) U.S.A
(d) U.K

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