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By Pakistan Current Affairs MCQs 1 Comment

Pakistan acquires USD ____ billion loans in Fiscal year 2020-21.

A. USD 12.32 billion
B. USD 13.32 billion
C. USD 15.32 billion
D. None of these

Submitted by: Areesha khan

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The government contracted $15.32 billion worth of new foreign loans from multilateral institutions and commercial banks during the previous fiscal year (2020-21) — almost 47 percent higher than $10.45bn a year earlier. The data showed that Pakistan contracted USD 8.41 billion in the fiscal year 2018-19, followed by USD 10.45 billion in 2019-20 (up 24 percent), and USD 15.32 billion in 2020-21 (up 47 percent), the Dawn newspaper reported, quoting ‘Annual Report on Foreign Economic Assistance 2020-21.

Related Mcqs:

  1. PTI government received about $ _____ billion in foreign loans during the first five months (July November) of the current fiscal year, 2021.

    A. $4.2 billion
    B. $4.4 billion
    C. $4.6 billion
    D. $4.8 billion

    Submitted by: Muhammad Asif Khajjak

  2. Overseas Pakistanis sent the highest-ever $____ billion remittances in July-Sept 2021 of the current fiscal year.

    A. $6 billion
    B. $8 billion
    C. $10 billion
    D. $14 billion

    Submitted by: Areesha Khan

  3. How much (FDI) increase in the first four months of current fiscal year as compared same period last fiscal year, reported by (SBP) on November 18, 2019?

    A. 138%
    B. 183%
    C. 238%
    D. 283%

    Submitted by: Malik Asghar Hussain

  4. Pakistan is seeking to borrow _________ RS during fiscal year 2018-2019 to repay domestic, foreign debt and the interest on these loans?

    A. 25 trillions
    B. 24 trillions
    C. 22 trillions
    D. 20 trillions

    Submitted by: Kashif Ashraf

  5. Who presented federal budget for the fiscal year 2020-2021 on the floor of the National Assembly on June 12, 2020?

    A. Hafeez Sheikh
    B. Asad Qaiser
    C. Hammad Azhar
    D. Asad Umar

    Submitted by: Farjan Ahmed Soomro

  6. Which Bank approved $1.3 billion in loans for Pakistan for emergency budgetary support on Dec 06, 2019?

    A. State Bank
    B. IMF
    C. ADB
    D. World Bank

    Submitted by: Nabeel Ahmed Solangi

  7. The Federal budget for the fiscal year 2019-2020 announced on _____________?

    A. June 9, 2019
    B. June 10, 2019
    C. June 11, 2019
    D. June 12, 2019

    Submitted by: anwar ijaz

  8. The Federal budget for the fiscal year 2020-2021 announced on _____________?

    A. June 10, 2020
    B. June 12, 2020
    C. June 14, 2020
    D. None of these

    Submitted by: Farjan Ahmed Soomro

  9. Pakistan acquires 25 J-10C fighter jets from ________?

    A. USA
    B. Russia
    C. France
    D. China

    Submitted by: Farjan Ahmed Soomro

  10. The total cost of the project Bhikki Power Plant is _______ million USD.

    A. 660
    B. 720
    C. 770
    D. 820

    Submitted by: Muhammad Danish

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