Current Business Affairs Past Papers


Subject: Current Business Affairs

Time Allowed: 15 Minutes

Maximum Marks: 10

NOTE: Attempt this Paper on this Question Sheet only.  Please encircle the correct option. Division of marks is given in front of each question. This Paper will be collected back after expiry of time limit mentioned above.


Part-I Encircle the right answer, cutting and overwriting are not allowed. (10)

1. Environmental Governance views one of the following:
(a) Natural resources and environmental
(b) Artificial resources
(c) Man made surroundings
(d) None of these
2. Globalization refers to a process to do the following:
{a} to bring world closer
(b) dealing between two or more countries
(c) Restricted relationship of countries
(d) All of these
3. MERCOSUR was found in:
(a) 1992
(b) 1945
(c) 1944
(d) 2001
4. NPT stands for the following:
(a) Non proliferation treaty
(b) Non participating treaty
(c) New proliferation treaty
(d) non-proliferation term
5. Under which agreement IMF and World Bank Formed:
(a) WTO
(b) USA & allies
(c) (a) and (b)
(d) Breton Wood Agreement
6. Area of Kashmir is controlled by:
(b) Two Counties
(c) UNO
(d) None of These
7. What is the purpose of International Economic Association:
(a) To issue Rules and Regulations
(b) To solve the economic problem of countries
(c) To provide Capital
(d) All of these
8. A parliament is called as a Parliament officially when formed by:
(a) Elected people
(b) America
(c) People of country
(d} Boundary Commission
9. Which country is not included is G-8:
(a) France
(b) Pakistan
(c) Germany
(d) Turkey
10. The Foreign Ministers of SOUTH ASIAN COUNTRIES formed _________ in 1980s?
(a) G-3



Subject: Current Business Affairs

Time Allowed: 2 Hours 45 Minutes

Maximum Marks: 50



Part-II Give short notes on following, each question carries equal marks. (20)

Q#1: Write down the names of institutions in WORLD BANK GROUP?

Q#2: Enlist the name of 4 Agency of UNO?

Q#3: What is the nature of Pak-Iran relations?

Q#4: Why China is so close to Pakistan

Q#5: Enlist the countries included in G-8?

Q#6: What is Nuclear Proliferation Treaty?

Q#7: Write down 3 Objectives of World Bank?

Q#8: What is the primary function of IMF?

Q#9: Write down about currency of IMF

Q#10: What is meant by Syndication?


Part-III Give detailed answers, each question carries equal marks. (30)

Q#1: What are the Global warming reason ? How these can be addressed?

Q#2: Write a note on KASHMIR issue between Indian & Pakistan.

Q#3: What is Globalization? Explain the Merits and Demerits of Globalization on domestic business affairs of a country.