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By Pakistan Current Affairs MCQs No Comments

Pakistan resolved Karkey Rental Power case worth $1.2bn with the help of_________?

A. China
B. Russia
C. Turkey
D. None of these

Submitted by: Abdul Sami Bhayo

PTI Government has succeeded in negotiating a waiver of the fine imposed on the country in the dispute with Karkey Karadeniz, the Turkish company that had set up a rental power plant in Pakistan and that became the subject of intense judicial intervention. The amount that was awarded to Karkey by the International Centre for the Settlement of Investment Disputes was $1.2bn, a substantial sum for a country that is on an IMF programme. Having the disputed amount settled through the government’s intervention has surely helped the country.

Related Mcqs:

  1. Which country helped Pakistan against Karkey dispute and saved Pakistan from paying the $1.2 billion penalty imposed by the International Centre for Settlement of Investment Disputes (ICSID)?

    A. Turkey
    B. Iran
    C. Qatar
    D. None of these

    Submitted by: Waleed Alam

  2. Which country has recently voted to ban rental e-scooter?

    A. Italy
    B. New Zealand
    C. France 
    D. None of these

    Submitted by: Fatima Maira

  3. US diplomat involved in a fatal traffic accident was allowed to leave the country on _________, as issue was resolved through negotiations?

    A. 13 May 2018
    B. 12 May 2018A.
    C. 11 May 2018
    D. 14 May 2018

    Submitted by: Kashif Ashraf

  4. The International Monetary Fund (IMF) announced aid package to help fight the Corona virus of_________?

    A. $35 billion
    B. $43 billion
    C. $50 billion
    D. $54 billion

    Submitted by: Hafeez Alam Saila

  5. In Reko Diq case, which company win the case against Pakistan ?

    A. SRK Consulting Co.
    B. B. Indus Mining Pvt Ltd
    C. Global Mining Company
    D. Tethyan Copper Company

    Submitted by: Mansoor Ahmed Suhag

  6. In Reko Diq mining case, TCC filed case against Pakistan in_________?

    A. January 12, 2011
    B. January 12, 2012
    C. January 12, 2013
    D. January 12, 2015

    Submitted by: Mansoor Ahmed Suhag

  7. In Reko Diq case, the Tethyan Copper Company win case against Pakistan. It is a company of___________?

    A. Germany
    B. Japan
    C. China
    D. None of these

    Submitted by: Mansoor Ahmed Suhag

  8. The president of China on his visit to Pakistan signed development projects of worth __________ billions?

    A. $40
    B. $46
    C. $50
    D. $54

  9. Pakistan is expecting to obtain fresh loan worth $1-2 billion for financial support from which country?

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

    Submitted by: Kashif Ashraf

  10. How much worth of Oil, KSA agreed to one year differed payment facility for Pakistan?

    A. 1b$
    B. 2b$
    C. 3b$
    D. 4b$

    Submitted by: Malik Asghar Hussain

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