Trade And Commerce MCQs with Answers and Explanations
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Practice Trade And Commerce MCQs. from Current Affairs Mcqs subject. with solved answers and explanations. updated syllabus-based questions.
Question 1: The Federal Bureau of Revenue (FBR) was instructed by the Prime Minister in July 2026 to systematically enhance engagement with the corporate community of which economic hub?
Prime Minister Shehbaz Sharif directed the FBR to build strong institutional bridges with the Karachi business community to streamline fiscal frameworks.
Question 2: As highlighted by the Pakistan Bureau of Statistics (PBS) advance reports for the closing fiscal year, Pakistan's aggregate textile exports reached what valuation in FY26?
Provisional foreign trade statistics released for the close of June 2026 confirmed that Pakistan's textile exports ticked up to USD 17.93 billion for FY26.
Question 3: Which key coastal infrastructure asset was highlighted within the Gwadar development portfolio under the strategic Public Sector Development Program presented in June?
The development agenda presented in June specifically marked funds to accelerate high-impact execution for the Eastbay Expressway Phase II project in Gwadar.
Question 4: Under the core infrastructure development agenda approved in June, which primary transit highway is prioritized for Phase-1 widening and structural improvements?
The Public Sector Development Programme (PSDP) portfolio prioritized major national transit assets, explicitly allocating funds for the Widening and Improvement of the N-5 highway (Phase-1).
Question 5: Jewellers observed a partial shutdown and suspended the issuance of daily gold rates in which Pakistani city on June 17, 2026, to protest Federal Board of Revenue (FBR) raids?
The All Pakistan Sarafa Gems and Jewellers Association suspended trading activities and daily gold rate notifications in Karachi to protest enforcement raids conducted by the FBR.
Question 6: The initial logistics agreements inked by BHP Canada on June 4, 2026, for hauling unit trains of potash cover an operational timeline of approximately how many years?
The contracts signed with Canada's two premier carriers carry an initial term of approximately four years, purposefully aligned to support the Jansen Stage 1 baseline production phase.
Question 7: What is the designated title of the five-year strategic trade framework under which Pakistan is executing its ongoing customs and tariff simplifications reviewed in June 2026?
The ongoing economic stabilization-to-growth pivot is governed formally by the National Tariff Policy 2025-30, a five-year framework introduced to eliminate structural anomalies.
Question 8: Which two national railway operators signed the multi-year logistics agreements with BHP Canada Inc on June 4, 2026, for the Jansen project?
The agreements were executed with Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), providing the Jansen mine with critical dual rail mainline connectivity.
Question 9: Which cluster-based initiative was launched jointly by the Indian Union Government and the Assam State Government on June 4, 2026, to promote unique local silk production?
"Mission Senehjori" was launched on June 4, 2026, as a dedicated cluster initiative to transform and elevate the unique selling proposition of Assam's famous Muga Silk.
Question 10: To support the national logistics sector under the newly reviewed tariff reforms, Pakistan has decided to abolish duties in phases on which of the following transportation equipment?
As part of the June 4, 2026 tariff review, the government announced that duties on reefer containers and semi-trailers would be abolished in phases to modernise and boost the logistics infrastructure.
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