Tag: Current Affairs of Pakistan

On which date Exim bank in Pakistan officially launched?

(A) December 19, 2023
(B) December 20, 2023
(C) December 21, 2023
(D) December 22, 2023

Correct Option is: C
On December 21, 2023, Pakistan’s Export-Import Bank (EXIM) was formally opened by Caretaker Minister for Finance, Revenue, and Economic Affairs Dr. Shamshad Akhtar. This was a major step towards bolstering external trade, drawing investments, and promoting wider economic growth in the nation.

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Govt of which province plans to distribute 10000 e-bikes among students?

(A) Sindh
(B) KPK
(C) Punjab
(D) Balochistan

►Correct Option

Correct Option is: C
To tackle environmental issues in the provincial capital, the Punjab government has announced that it would be distributing 10,000 electric motorcycles to students from different educational establishments.

For the first time in ten years, Pakistan’s election gender disparity has shrunk to less than?

(A) 5 Million
(B) 10 Million
(C) 15 Million
(D) 24 Million

►Correct Option

Correct Option is: B
The electoral gender gap has shrunk to less than 10 million for the first time in ten years as the number of voters in Pakistan soars to over 128 million, with at least 59.32 million women (46.13 percent) and 69.26 million males (53.87 percent) registered to vote.

Which political party conducted first ever virtual Jasla in Pakistan?

(A) PMLN
(B) Pakistan People’s Party
(C) Pakistan Tehrik e Insaaf
(D) JUI

►Correct Option

Correct Option is: C
The first-ever online jalsa in Pakistani history was conducted by Pakistan Tehrik Insaaf on December 17, 2023, and it was broadcast on all social media platforms. Millions of people watched Virtual Jasla from the comfort of their own homes.

In which city Pakistan uses artificial rain for the first time to fight pollution?

(A) Islamabad
(B) Karachi
(C) Multan
(D) Lahore

►Correct Option

Correct Option is: D
Artificial rain has been used for the first time in Pakistan to combat dangerous pollution in the metropolis of Lahore, the provincial government said. On December 16, 2023 Pakistan Govt of Punjab conducted first artificial rain test through cloud seeding.

Who acquires 100% shares of Telenor Pakistan for 108 Billion Rupees?

(A) Ufone
(B) Jazz
(C) PTCL
(D) WorldCall

►Correct Option

Correct Option is: C
Pakistan Telecommunications Company Limited (PTCL) announced on December 14, 2023 that it has entered into a share purchase agreement with Telenor Pakistan to purchase 100 per cent of the company’s shares at an enterprise value of 108 billion rupees ($380 million). The transaction is structured on a cash-free, debt-free basis and is subject to regulatory approvals and customary closing conditions, PTCL said in a statement. PTCL stock price rose 8.3% on December 14, 2023.

Which company signed an agreement to acquire a 40% equity stake in a Pakistani gas and oil company?

(A) Halliburton
(B) Aramco
(C) Arabian Drilling
(D) Chevron

►Correct Option

Correct Option is: B
First, Saudi oil giant Aramco, with an estimated investment of about $100 million, will acquire a 40% stake in Gas & Oil Pakistan Ltd. (GO), a private company founded almost a decade ago, giving it formal access to Pakistan’s retail market entered into. GO announced in a statement dated December 12, 2023 that Aramco, one of the world’s leading integrated energy and chemical companies, has signed a definitive agreement to acquire a 40% stake in GO. Neither party disclosed the amount of the deal, but people familiar with the matter said it was worth about $100 million.

Who is appointed as the new Chairman of Pakistan Tehreek Insaaf?

(A) Ali Ameen Gandapur
(B) Aleema Khan
(C) Sher Afzal Marwat
(D) Gohar Ali Khan

►Correct Option

Correct Option is: D

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