1. Federal Government Presented their Sixth Budget of how much total Worth?

(A) 5632 Billion Rupees

(B) 5732 Billion Rupees
(C) 5932 Billion Rupees
(D) None of the above.
2. How much amounts is allocated for National Development Program ?
(A) 2000 Billion Rupees
(B) 2043 Billion Rupees
(C) 2053 Billion Rupees
(D) None of the above.
3. How much minimum pension fixed for the retired Government Employees of above Age of 75
Years ?
(A) 10000 Rupees
(B) 15000 Rupees
(C) 25000 Rupees
(D) None of the Above..
4. There is how much increase seen in the Defense Budget 2018-19?
(A) 100 Billion Rupees
(B) 150 Billion Rupees
(C) 180 Billion Rupees
(D) None of the above.
5. How much amount is fixed for maintaining peace and order in the Federal Budget 2018-19?
(A) 80 Billion Rupees
(B) 90 Billion Rupees
(C) 120 Billion Rupees
(D) None of the Above.
6. How much salary increase of the Government Employees and Armed forces Personnel in the
Budget 2018-19 ?
(A) 7.5%
(B) 10%
(C) 15%
(D) None of the Above..
7. North Korea and South Korean Leaders met each other after how many years ?
(A) 45 Years
(B) 55 Years
(C) 65 Years
(D) None of the Above.
8. How much amount allocated for the development of Gwadar city in the Budget 2018-19?
(A) 130 Billion Rupees
(B) 137 Billion Rupees
(C) 138 Billion Rupees
(D) None of the Above.
9. How much Amount Allocated for the Education in the Federal Budget 2018-19 ?
(A) 46.67 Billion Rupees
(B) 47.67 Billion Rupees
(C) 48.67 Billion Rupees
(D) None of the Above.
10. How Much Amount Allocated for the Hydro Power Plants in the Budget including Bhasha Dam
Project?
(A) 78 Billion Rupees
(B) 79 Billion Rupees
(C) 80 Billion Rupees
(D) None of the Above
11.How much amount allocated in the Federal Budget 2018-19 for the purpose of investment
Electricity Generation Projects ?
(A) 130 Billion Rupees
(B) 138 Billion Rupees
(C) 148 Billion Rupees
(D) None of the above.
12. How much Amount Allocated for the Health Sector in Federal Budget 2018-19?
(A) 30 Billion Rupees
(B) 30.73 Billion Rupees
(C) 31.73 Billion Rupees
(D) None of the above.
13. How much amount allocated for Benazir Income Support Program BISP in the Federal Budget
2018-19 ?
(A) 125 Billion Rupees
(B) 150 Billion Rupees
(C) 175 Billion Rupees
(D) None of the Above.
14. How much tax imposed on Marriage Halls in the Federal Budget 2018-19?
(A) 3%
(B) 4%
(C) 5%
(D) None of the Above
15. How much amount allocated for the Prime Minister Youth Scheme?
(A) 10 Billion Rupees
(B) 20 Billion Rupees
(C) 30 Billion Rupees
(D) None of the above.
16. Government Removed Custom Duty from which type of Medicines in the Federal Budget 2018-
19?
(A) Cancer
(B) Hepatitis
(C) Malaria
(D) None of the above.

17. Defense budget size would be proposed to nearly Rs.________trillion.

(A) 1.051 Trillion
(B) 2.513 Trillion
(C) 0.151 Trillion
(D) None of the above.

18. Existing 5% customs duty on import of newsprint is being exempted.

19. Customs duty on Plastic Moulding Compound is being reduced from 5% to 3%.

20. Customs duty on industrial inputs covered under (53 tariff lines) is being either removed
or reduced and Additional Customs Duty on industrial inputs covered under 22 tariff lines is
being removed. This measure will be implemented with effect from 31st March, 2019.

21. Regulatory Duty on industrial inputs covered under 30 tariff lines is being either
removed or reduced.

22. Regulatory duty is being removed on input materials (approximately 200 tariff lines)
imported under SRO 655(I)/2006 dated 05.06.2006 that are used for manufacturing of auto
parts by local vendor.

Answers to Pakistan Current Affairs MCQs Quiz on Federal Budget 2018-19

1. C
2. B
3. B
4. C
5. B
6. B
7. C
8. B
9. A
10.B
11. B
12. B
13. A
14. C
15. A
16. A
17. A
18.
 Mini Budget 2019 MCQs
1. The government has proposed a decrease of______on income tax from loans to SME and
agriculture sector?
A) 20%
B) 19%
C) 27%
D) 25%
2. The government has cut the taxes on small marriage halls to just Rs. ________from Rs. 20,000.
A) Rs. 7000
B) Rs. 5000
C) Rs. 10000
D) Rs. 15000
3. Non-filers can now buy houses of up to Rs. 5 million after paying______?
A) excessive taxes.
B) Withholding Taxes
C) Sale Tax
D) Income Tax
4. Tax increase for vehicles over_______?
A) 1000 cc
B) 800 cc
C) 1800 cc
D) 1300 cc

5. Continuation of 1% per annum reduction in_______?

A) Corporate Income Tax
B) Agricultural Tax
C) Income Tax
D) Banking Tax
6. Duty on diesel engines for agricultural purposes decreased to_______?
A) 2%
B) 3%
C) 4%
D 5%

7. How Much tax on mobile cards restored?

A) 10%
B) 20%
C) 30%
D) 40%
8. Those who are investing in________will not have to pay sales tax and customs duty in the
upcoming five years
A) solar panels
B) wind turbines
C) A & B
D) None of These
9. Non-filers can buy a house worth of______lac?
A) 20 Lac
B) 30 Lac
C) 40 Lac
D) 50 Lac
10. Non-fillers will be allowed to buy small and mid-size cars up to?
A) 1300cc
B) 800cc
C) 1000cc
D) 1800cc
11. Easy loans will be given to the low-income sector for housing. A_________of Rs. 5 billion
introduced for this purpose.
A) Sinking Fund
B) Revolving Fund
C) Provident Fund
D) Gratuity Fund
12. All machinery in_________exempted from all taxes in 2019 Mini Budget.
A) Special Economics Zone
B) Agricultural Zone
C) Industrial Zone
D) None of Above
13. Regulatory duty is being removed on input materials (approximately_______tariff lines)
imported under SRO 655(I)/2006 dated 05.06.2006 that are used for manufacturing of auto
parts by local vendors.
A) 100 Tariff line
B) 200 Tariff line
C) 300 Tariff line
D) None of Above
14. Withholding tax on trading in the_________to be removed?
A) Stock Exchange
B) Banking sector
C) Industrial Sector
D) None of Above
15. From July-1-2019___________will be eliminated for Non-banking companies.
A) Custom Duty
B) Import Duty
C) Super Tax
D None of Above
16. Withholding tax on bank transactions waived off for_______?
A) Tax Filer
B) Non-Filer
C) Any individual
D) None of Above
17. Machinery for________ (including renewables) to be exempt of customs duty, sales tax and
income tax (for five years).
A) greenfield projects
B) Solar Projects
C) Energy Projects
D) Cool Projects
18. Pilot scheme to be introduced in Islamabad to facilitate traders in filing and paying taxes.
A) Health Scheme
B) Pilot scheme
C) Loan Scheme
D) None of Above
19.