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#1
By TheQuizWire
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Medium
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03 Feb 2026
What is the primary economic goal of lowering the Export Refinance Rate (ERR)?
💡 Explanation:The Export Refinance Rate (ERR) is the subsidized interest rate at which commercial banks provide credit to exporters. Lowering the ERR reduces the cost of working capital for exporters, which in turn makes their products more competitive in international markets and incentivizes an increase in overall export volume.
#2
By TheQuizWire
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Medium
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03 Feb 2026
Which governance challenge is frequently cited as a root cause for the sense of deprivation and subsequent militancy in Balochistan?
💡 Explanation:A central issue in the Balochistan conflict is the debate over federalism and economic justice, particularly the alleged unjust distribution of natural resource revenue and rights. This lack of resource control and development is frequently cited by political analysts and local leaders as the primary driver creating a sense of economic and political marginalization, which in turn fuels insurgent movements.
#3
By TheQuizWire
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Easy
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Fact Checked
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03 Feb 2026
Which mountain range primarily influences the arid climate of western Pakistan by blocking summer monsoon winds?
💡 Explanation:The Sulaiman and Kirthar Ranges run north-south and act as a significant barrier against the moisture-laden summer monsoon winds originating from the Arabian Sea, preventing them from reaching the western plateau (Balochistan) and parts of western Sindh. This rain-shadow effect is the primary factor contributing to the arid and semi-arid climate of western Pakistan.
#4
By TheQuizWire
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Medium
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03 Feb 2026
What is the Philadelphi Corridor, a key security area adjacent to the Gaza Strip?
💡 Explanation:The Philadelphi Corridor (also known as the Philadelphi Route) is a 14 km long, narrow strip of land or buffer zone that runs the entire length of the border between the Gaza Strip and Egypt. Its control and status are central to Israeli-Egyptian security arrangements and the movement of goods and people.
#5
By TheQuizWire
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Medium
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03 Feb 2026
Which year marked the founding of the All-Pakistan Mohajir Students Organisation (APMSO) at Karachi University?
💡 Explanation:The All-Pakistan Mohajir Students Organisation (APMSO), the precursor to the Muttahida Qaumi Movement (MQM), was founded at Karachi University in 1978. It later formally evolved into the Muhajir Qaumi Movement (MQM) in 1984.
#6
By TheQuizWire
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Hard
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Fact Checked
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03 Feb 2026
The 2015 extension of Pakistan’s Continental Shelf primarily augmented national potential in which resource area?
💡 Explanation:The extension of the Continental Shelf beyond the Exclusive Economic Zone (EEZ) up to 350 nautical miles, approved by the UN in 2015, grants the coastal state (Pakistan) sovereign rights specifically for the purpose of exploring and exploiting the natural resources of the seabed and subsoil. These resources are primarily non-living, such as oil, natural gas (hydrocarbons), and various critical minerals. The rights for living resources in the water column (like deep-sea fishing) are generally covered by the EEZ (up to 200 NM).
#7
By TheQuizWire
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Medium
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03 Feb 2026
A central bank maintaining a high-interest rate policy typically has what primary effect on equity market valuations?
💡 Explanation:Higher interest rates increase the discount rate (often via the risk-free rate) used in models to value future corporate cash flows. This generally leads to lower equity valuations (lower stock prices) because fixed-income investments become relatively more attractive compared to equities.
#8
By TheQuizWire
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Medium
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03 Feb 2026
What internal mechanism should state departments establish to vet appeals on settled principles, as directed by superior courts?
💡 Explanation:The Supreme Court directed government departments, such as the Federal Board of Revenue (FBR), to consider constituting committees to vet each reference before filing it in a court of law. The suggested composition included a retired judge of the superior judiciary, an experienced practitioner, and a senior serving or retired officer of the department. This is intended to uphold the principle of <strong>stare decisis</strong> (precedent) and reduce frivolous litigation by the state.
#9
By TheQuizWire
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Medium
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03 Feb 2026
Which international role did former UK minister Peter Mandelson hold?
💡 Explanation:Peter Mandelson served as the European Union Trade Commissioner. This is a significant position within the European Commission, primarily responsible for the EU’s common commercial policy and external trade negotiations, making it relevant to International Relations and Global Governance.
#10
By TheQuizWire
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Easy
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03 Feb 2026
Alongside the Conservative Party, what is the other primary political party in the United Kingdom?
💡 Explanation:The Labour Party is historically one of the two main political parties in the United Kingdom, competing primarily with the Conservative Party for control of the government.
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