Finance | MCQs

Explanation

Independent power is a competitive alternative to utility owned and operated power. 

Explanation

In Islam, khums literally 'one-fifth'

refers to the required religious obligation of any Muslim to pay 20% of their acquired wealth from certain sources toward specified causes.

It is treated differently in Shia and Sunni Islam.

Explanation

Muhammad Aurangzeb is the the current Minister for Finance and Revenue.

Muhammad Aurangzeb is a Pakistani banker.

Appointed since 11 March 2024

Explanation

South Korean capital is Seoul.

South Korean currency is the South Korean Won.

South Korea's official language is Korean.

South Korea located is in the Continent of Asia.

South Korea's Primary Religion is atheism (but some follow Buddhist & Christian).

South Korea Head of Govt. is President – Cyril Ramaphosa.

South Korea Parliament called.

Tricks for Remember

WON

MindTrick : Korea’s Won in the Battle

1)South Korea

2)North Korea

RK6-12-2022

ND03-12-2022

Explanation

Japan Capital is Tokyo.

Japan Currency is Yen.

Japan official language is Japanese.

Japan located is in Continent Asia.

Japan Primary Religion is Buddhism or Shinto (But Secular Country).

Japan Head of Govt. is Prime Minister –Fumio Kishida.

Japan Parliament called Diet.

Tricks for Remember

RK6-12-2022

Explanation

1. Jizya: A tax historically levied on non-Muslims living under an Islamic state, in exchange for protection and exemption from military service. It has no connection to prisoners.

2. Fidya: Compensation for failing to fulfill certain obligations like fasting. This is unrelated to imprisonment.

3. Ashar: A tithe (1/10th tax) on agricultural produce, unrelated to prisoners.

In Islam, prisoners are generally entitled to humane treatment and are not burdened with taxes for their captivity.

If there are costs incurred by a prisoner (e.g., restitution for crimes), this would be part of the judicial process and not termed as a "tax."

Explanation

Muzamil Aslam is a Pakistani politician who is the Provincial Minister of Khyber Pakhtunkhwa for Finance. 

Party affilitaion: PTI

Appointed in March 2024

Explanation

• The rupee is the currency of Pakistan
• ***
• The first currency note issued by the State Bank of Pakistan was in the denomination of Rs 2
• Brandley designed the first coin of Pakistan in 1948.
• Pakistan’s first coin was issued on 3rd January 1948
• The government of Pakistan issues currency on the basis of the Availability of gold in the country
• ***
• "enge" is the currency of which country Kazakhstan
• Ringgit is the currency of Malaysia.
• New Zealand Dollar is the currency of New Zealand.
• US dollar is the currency of the USA.
• Bhat is the currency of Thailand
• won is the Currency of South Korea 
• Hryvnia is the Currency of Ukraine
• The dollar is the currency of the United States of America.
• Euro is the currency of Austria and Cyprus
• Kyat is the currency of which country Myanmar

Explanation

• Headquarters: Paris, France
• Purpose: To combat money laundering and terrorism financing
• Official Languages: English & French
• Full Member Countries: 37
• Full Member Organizations: 2
• Total Members: 39

Explanation