Financial | MCQs

Explanation

•  Pakistan helps Srilanka with $ 50 million
• ***
• PM Imran Khan offered a $50 million line of credit to Sri Lanka for defense purchases. During his visit to Sri Lanka in February 2021
• ***
• Pakistan has extended a $50m line of credit for defense purchases to Sri Lanka
• Pakistan would provide Rs52 million for the promotion of sports in Sri Lanka, according to the communique
• Pakistan has decided to give Colombo a $200 million loan for the purchase of rice and cement,
• ****
• Sri Lanka: located in South Asia
• 
  
• Capital: Colombo
• 
  
• Currency: Sri Lankan rupee

Explanation

Bank Al-Falah was given the best bank award for the year 2019.

Explanation

Under the new NFC Award formula:

• Balochistan: 9.09% (a significant rise of 10%)
• Punjab: 51.74% from the divisible pool
• Sindh: 24.55%
• Khyber-Pakhtunkhwa: 14.62%

Changes in shares:

• Punjab: Gave up 1.27%
• Sindh: Gave up 0.39%
• Khyber-Pakhtunkhwa: Gave up 0.26%
• Balochistan: Gained overall.

Explanation

On January 1, 1980, approximately 7,000 interest-free counters were opened at all the nationalized commercial banks, making Pakistan the first country in the Muslim world with Islamic banking.

Explanation

Living from hand to mouth means consuming daily what little is earned

Living from hand to mouth means غربت کی زندگی بسر کرنا

Explanation

Fifty rupees is not a big amount.

پچاس روپے ______ کوئی بڑی رقم نہیں۔

Although "rupees" is plural, the amount is treated as a single unit.

So the singular verb "is" is used.

Explanation

Bring down is a phrasal verb.

Bring down means to reduce.

Bring down means کم کرنا

Steps are taken to bring down the cost of living

Explanation

antonym for "HEFTY بھاری " is "slight معمولی " 

Explanation

"Exorbitantly" means excessively or unreasonably high, which fits well in the sentence:

"Fares are exorbitantly high in this city."

Explanation

 "I would die rather than ask a loan."

After "rather than", we use the base form of the verb (bare infinitive)

When it follows another verb in the same clause, especially after modal verbs like would.

So:

• "I would die rather than ask a loan" (Correct)

• "To ask"  (Infinitive form is incorrect here)

• "Have asked"  (Perfect form is not suitable)