FIA Assistant Director Paper 2002 is a FIA Assistant Director recruitment paper from 2002. This page lists the 98 questions transcribed from it, each with the answer key highlighted and an explanation reviewed by a validator before publishing.
Attempt the paper in order to get a feel for how the examiner mixed subjects, then use the post page to compare it with other years of the same post. Where the answer key was disputed, the explanation says so.
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Regulatory Bodies
SECP is the regulatory authority of:
Correct answer: A
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.
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Famous Paintings
The legendary painting "Mona Lisa" is the creation of?
Correct answer: C
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.
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Historical Monuments
"Rohatas Fort" is situated near Jhelum. It was built by:
Correct answer: C
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.
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Macroeconomics
What is the effect of "Deficit Financing" on the economy?
Correct answer: D
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.
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Financial Markets
New York's Wall Street is a market of:
Correct answer: D
Wall Street in New York is famously known as the center of the stock market and financial industry, making 'stocks' the correct answer.
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Universities in Pakistan
Animal Husbandry University (University of Veterinary and Animal Sciences) is located at:
Correct answer: A
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).
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Zakat
Sheep and goats less than ------------ are Zakat free.
Correct answer: D
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.
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Traditional Medicine
"Acupuncture" medical treatment originated in:
Correct answer: C
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.
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Vocabulary
"Adversary" means a/an:
Correct answer: B
The word 'adversary' means an opponent or enemy, which matches option B. The other options do not correctly define 'adversary'.
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Geography of Pakistan
Tanda Dam was built in 1965 on which river?
Correct answer: D
Tanda Dam was built in 1965 on the Kurram River. Therefore, option D is correct.
