Trade And Commerce - 2026 MCQs with Answers and Explanations
Practice Trade And Commerce - 2026 MCQs. from Current Affairs - 2026 subject. with solved answers and explanations. updated syllabus-based questions.
Search MCQs, Papers, Topics
Question 1: On April 10, 2026, which country officially joined the "Digital Economy Partnership Agreement" (DEPA) as its newest full member?
South Korea completed its accession process to the Digital Economy Partnership Agreement (DEPA) on April 10, joining founding members Chile, New Zealand, and Singapore to foster digital trade standards.
Question 2: Which Chinese-backed joint venture announced a $120 million expansion investment in Pakistan's tyre industry on April 9, 2026?
Service Long March Tyres announced the expansion yesterday, aiming to boost Pakistan's tyre exports to over $100 million in the next financial year.
Question 3: Which Pakistani startup became the country's third "Unicorn" (valuation over $1 billion) on April 9, 2026?
After a successful Series C funding round closed yesterday, SadaPay's valuation surpassed $1.1 billion, making it Pakistan's newest unicorn.
Question 4: On April 9, 2026, which global tech giant announced a $5 billion investment in Pakistan's Special Technology Zones (STZs) over the next three years?
Microsoft finalized a major investment plan yesterday to develop cloud infrastructure and AI training centers within Pakistan's STZs.
Question 5: The April 8, 2026, reports on the US-Iran ceasefire suggest that safe passage through the Strait of Hormuz will be considered:
Araghchi noted that the passage would require coordination with Iran's Armed Forces and consideration of technical limitations.
Question 6: Which international official stated on April 8, 2026, that the ceasefire should help "normalize logistics" for exporters in the short term?
PTI reported an official statement noting that the truce would help normalize global logistics, though caution remains for exporters.
Question 7: On April 8, 2026, which airline/shipping concern was reported as cautious despite the ceasefire announcement?
Reports on April 8 (via PTI/Hindu) indicated that exporters (specifically from India and the region) remain cautious due to the temporary nature of the truce.
Question 8: The April 8, 2026, World Bank report identifies the closure of which strait as a primary driver of financial volatility in the MENAAP region?
The Strait of Hormuz closure was cited as a major factor in disrupting global markets and weakening the 2026 growth outlook for regional economies.
Question 9: According to reports on April 8, 2026, the ceasefire agreement between the US and Iran allows which two countries to charge fees on ships transiting the Strait of Hormuz?
A regional official disclosed that the ceasefire plan includes a provision for Iran and Oman to charge transit fees on vessels passing through the Strait of Hormuz.
Question 10: US President Donald Trump threatened to impose a 50% tariff on which category of countries following the April 2026 Iran truce?
Following the ceasefire announcement on April 8, 2026, President Trump warned of 50% tariffs on any nation providing military hardware to Iran.
Showing 1 to 10 of 15 results