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FIA Assistant Director Paper 2002

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51

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Regulatory Bodies

easy2002FIA Assistant Director Paper 2002
Pakistan StudiesFIA

SECP is the regulatory authority of:

A
Stock Market
B
NGO's
C
Media Business
D
None of these
Explanation and memory cue

The Securities and Exchange Commission of Pakistan (SECP) is the regulatory authority responsible for overseeing the stock market and corporate sector in Pakistan. Therefore, option A, 'Stock Market,' is correct.

52

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Famous Paintings

easy2002FIA Assistant Director Paper 2002
Pakistan StudiesFIA

The legendary painting "Mona Lisa" is the creation of?

A
Pablo Picasso
B
Leonardo DiCaprio
C
Leonardo da Vinci
D
None of these
Explanation and memory cue

The legendary painting "Mona Lisa" was created by Leonardo da Vinci, a renowned Italian Renaissance artist. This is a well-established fact in art history.

53

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Historical Monuments

medium2002FIA Assistant Director Paper 2002
Pakistan StudiesFIA

"Rohatas Fort" is situated near Jhelum. It was built by:

A
Shah Jahan
B
Akbar
C
Sher Shah Suri
D
Aurangzeb
Explanation and memory cue

Rohatas Fort near Jhelum was built by Sher Shah Suri, not Akbar. Sher Shah Suri was known for constructing several forts and roads during his reign in the 16th century.

54

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Macroeconomics

medium2002FIA Assistant Director Paper 2002
Pakistan StudiesFIA

What is the effect of "Deficit Financing" on the economy?

A
Recession
B
Depression
C
Deflation
D
Inflation
Explanation and memory cue

Deficit financing involves the government spending more than its revenue, often by borrowing or printing money, which can increase the money supply and lead to inflation. Therefore, the correct effect of deficit financing on the economy is inflation.

55

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Financial Markets

easy2002FIA Assistant Director Paper 2002
Pakistan StudiesFIA

New York's Wall Street is a market of:

A
computers
B
movies
C
automobiles
D
stocks
Explanation and memory cue

Wall Street in New York is famously known as the center of the stock market and financial industry, making 'stocks' the correct answer.

56

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Universities in Pakistan

easy2002FIA Assistant Director Paper 2002
Pakistan StudiesFIA

Animal Husbandry University (University of Veterinary and Animal Sciences) is located at:

A
Lahore
B
Karachi
C
Hyderabad
D
Faisalabad
Explanation and memory cue

The University of Veterinary and Animal Sciences (UVAS), commonly referred to as Animal Husbandry University, is located in Lahore, Pakistan. It is one of the oldest veterinary institutions in Asia and has its main campus in Lahore. The university also has sub-campuses in Jhang, Narowal, and Pattoki, but its headquarters and primary campus are in Lahore. Therefore, the correct answer is A (Lahore).

57

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Zakat

medium2002FIA Assistant Director Paper 2002
Islamic StudiesFIA

Sheep and goats less than ------------ are Zakat free.

A
15
B
20
C
30
D
40
Explanation and memory cue

According to Islamic jurisprudence, the nisab (minimum threshold) for zakat on sheep and goats is 40 heads. If the number of sheep and goats is less than 40, no zakat is due. Once the number reaches 40, zakat becomes obligatory, starting with one sheep or goat for 40 to 120 animals, increasing with larger numbers. Therefore, sheep and goats less than 40 are zakat free, making option D (40) the correct answer.

58

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Traditional Medicine

easy2002FIA Assistant Director Paper 2002
Pakistan StudiesFIA

"Acupuncture" medical treatment originated in:

A
India
B
Egypt
C
China
D
None of these
Explanation and memory cue

Acupuncture is a traditional medical practice that originated in China thousands of years ago, involving the insertion of needles at specific points on the body to relieve pain and treat various conditions.

59

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Vocabulary

easy2002FIA Assistant Director Paper 2002
Pakistan StudiesFIA

"Adversary" means a/an:

A
Contemporary
B
Opponent
C
Soul-male
D
Resident
Explanation and memory cue

The word 'adversary' means an opponent or enemy, which matches option B. The other options do not correctly define 'adversary'.

60

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Geography of Pakistan

easy2002FIA Assistant Director Paper 2002
Pakistan StudiesFIA

Tanda Dam was built in 1965 on which river?

A
Dasht
B
Kohat-Toi
C
Soan
D
Kurram
Explanation and memory cue

Tanda Dam was built in 1965 on the Kurram River. Therefore, option D is correct.