2121Pakistan Current AffairsMedium
MCQs
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Correct answer
B. Habib Bank Limited (HBL)
Explanation
HBL has been awarded the license to become the first Pakistani bank to offer financial services to clients in Beijing, China’s capital city. The branch license was awarded by China Banking and Insurance Regulatory Commission (CBIRC) in December 2019. The preparatory work of setting up the HBL Beijing branch is now underway. With approval from relevant regulators, the Beijing branch is expected commence offering a full range of products & service for our esteemed clients from the third quarter of 2020. Beijing branch will be HBL’s second branch in China after the commencement of business. HBL already has a special branch in the city of Urumqi. HBL is the first and only bank from Pakistan and one of the three banks from the South Asia and MENA region to offer end-to-end RMB intermediation in China. This will add to exisiting CPEC-related operations.
Correct answer
D. Sheikh Mohamed bin Zayed Al Nahyan
Explanation
Sheikh Mohamed bin Zayed Al Nahyan is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
A. Rs 150 billion
Explanation
The National Accountability Bureau (NAB) recovered Rs150 billion from corrupt elements last year by filing 206 references in different accountability courts. Presiding over a meeting on Wednesday to review the anti-graft watchdog’s performance in 2019, NAB chairman retired Justice Javed Iqbal said that due to investigations conducted on scientific lines, the conviction rate in corruption cases was 70 per cent.
Correct answer
A. 5th
Explanation
5th is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
D. 8 dual-seat
Explanation
Pakistan Aeronautical Complex, Kamra has achieved yet another remarkable milestone by rolling out the first batch of 8 dual-seat JF-17 aircraft. To mark this momentous occasion, a grand ceremony was held at Aircraft Manufacturing Factory, Kamra. Air Chief Marshal Mujahid Anwar Khan, Chief of Air Staff Pakistan Air Force, was the Chief Guest at the occasion, said a press release issued by Pakistan Air Force (PAF).
Correct answer
D. Sindh High Court
Explanation
The Sindh High Court has restrained Air Marshal Arshad Malik from carrying out any function as the chief executive officer of Pakistan International Airlines till Jan 22 2020 on a petition challenging his appointment. A two-judge bench headed by Justice Mohammad Shafi Siddiqui also issued notices to respondents as well as the deputy attorney general for Jan 22.
Correct answer
A. 26 December 2019
Explanation
26 December 2019 is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.
Correct answer
A. 20 December 2019
Explanation
The government of Pakistan and EXIM Bank of Korea have signed a loan agreement worth US$80 million for energy sector reforms. Minister for Economic Affairs, Muhammad Hammad Azhar witnessed the signing ceremony of loan agreement worth US$80 million with EXIM Bank Korea here at Economic Affairs Division, said a press release issued here.
Correct answer
A. 820,165
Explanation
The federal government on Tuesday 26th Dec 2019 gave approval to the removal of 820,165 names from the Benazir Income Support Programme (BISP) database, describing the beneficiaries as “undeserving”. The decision was taken at a cabinet meeting after Special Assistant to the Prime Minister on Social Welfare and Poverty Alleviation Dr Sania Nishtar informed it that the database of the BISP was being revised to exclude “undeserving” persons, Special Assistant to the Prime Minister on Information Dr Firdous Ashiq Awan said while addressing a post-cabinet meeting press conference.
Correct answer
B. Malala Yousafzai
Explanation
Nobel Peace Prize winner Malala Yousafzai was declared as the ‘most famous teenager in the world’ by the United Nations in its ‘decade in review’ report released on December 23, 2019.