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SUMMARY of the “Inflation and Devaluation” article, Miftah Ismail, Dawn, January 11th, 2024


The article delves into Pakistan’s persistently high inflation, reaching 29.7% in December 2023 compared to the previous year, with year-on-year inflation consistently above 20%. Despite recent positive signs, including a lower monthly increase in December, the writer highlights the root cause – a significant increase in the money supply due to a ballooning budget deficit. Over the past five-and-a-half years, the money supply has surged by over 100%, primarily driven by government borrowing to finance the deficit. The writer emphasizes that the country’s failure lies in not using government spending to boost worker productivity or the economy’s capacity. With a focus on increasing the labor force rather than improving skills and knowledge, the nation faces challenges in achieving » Read More…

How many members of the National Assembly must sign the notice of no confidence for it to be valid?
At least twenty percent (20%)
At least ten per cent (10%)
At least five percent (5%)
None of these
Show Answer…
Correct Answer: At least twenty percent (20%)
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Which island is known as Pakistan’s largest island and is sometimes referred to as “Jazira Haft Talar,” meaning the island of seven mountains? (CSS MPT 2024)
Astola Island
Manora Island
Churna Island
None of these
Show Answer…
Correct Answer: Astola Island
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What is the length of the Baltoro Glacier, making it one of the largest and longest glaciers outside of the polar regions? (CSS MPT 2024)
64 kilometers
18 kilometers
7 kilometers
None of these
Show Answer…
Correct Answer: 64 kilometers
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Which Pakistani diplomat served as the President of the United Nations (UN) General Assembly? (CSS MPT 2024)
Muhammad Zafrulla Khan
Feroz Khan Noon
Zulfikar Ali Bhutto
None of these
Show Answer…
Correct Answer: Muhammad Zafrulla Khan
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In 2017, Pakistan became a full member of the Shanghai Cooperation Organization (SCO). What is the primary purpose of the SCO? (CSS MPT 2024)
To promote regional cooperation and stability in Eurasia
To facilitate trade amongst member countries
To establish a common currency for member states
None of these
Show Answer…
Correct Answer: To promote regional cooperation and stability in Eurasia
» Read More…