IBP Solved MCQs Test Sample Past Papers

SECTION 1 – ENGLISH
No. of Questions: XX; Total Marks: XX

Read the passage carefully and answer questions 1 and 2
IMF financing aims to assist countries in attaining economic stability and transition through economic shocks by providing cushion through funds. This gives the recipient country time to bring about the structural reforms and changes needed to resolve underlying issues that threaten its economic stability. These IMF loans are usually disbursed in installments that are conditional upon the recipient country making policy changes or implementing certain economic reforms. This conditionality ensures that progress is made during the program and that the funds are not used only as a stopgap measure. Periodic program reviews evaluate whether the program is on track and if any different measures need to be taken to attain the program’s objectives.In a historic and positive turn of events, Pakistan recently cleared the final USD 102 million, a portion of its USD 6.4 billion 3-year International Monetary Fund (IMF) program. Out of the 11 IMF programs that Pakistan has participated in so far, this program was the first ever to be completed.Upon completion of their final review, IMF stated that due to an expected increase in China Pakistan Economic Corridor related investment in addition to a surge in private sector credit and economic productivity, it expects growth of the Pakistani economy to cross 5 percent in FY17. Fiscal deficit is also estimated to decrease to 3.8 percent next year. Due to this strengthening of macroeconomic indicators, Pakistan is poised for greater and sustained economic growth, with enhanced financial stability.

Read Also: IBP Past Papers & Syllabus

Q1. The main aim of IMF is:
A. To create instability in an economy
B. To help a country in making reforms that boost economy
C. To support countries with an instable economy by providing funds
D. To review the performance of a country and make suggestions

Q2. According to IMF, which of the following factors have indicated economic growth in Pakistan?
A. The clearance of USD 102 million funds
B. Participating in 11 programs of IMF
C. Investments in CPEC and boost in private sector economic productivity
D. Strengthening of microeconomic indicators and decrease in Fiscal deficit
In questions 3 and 4, part of the sentence is italicized and underlined. Select the right
alternative from the given options to correct the sentence. Shade your choice on the
answer sheet.

Q3. I can’t find my files! Do you saw them anywhere in the office this morning?
A. Are you seeing
B. Saw you
C. Have you seen
D. Did you have

Q4. He found a gold coin as he was clean the floor.
A. as he had been cleaned
B. while he clean
C. which he is cleaning
D. as he cleaned
Select the correct explanation for the IDIOM.

Q5. See eye to eye
A. Staring at someone
B. Two (or more people) agree on something
C. When someone does not want to see anything
D. When someone is not taking situation seriously
Select the correct SYNONYM for the given word.

Q6. OBSOLETE
A. Original
B. Outdated
C. Audible
D. Inadequate

Select the correct ANTONYM for the given word.
Q7. INDOLENT
A. Diligent
B. Lazy
C. Pampered
D. Self-Indulgent

SECTION 2 – QUANTITATIVE SKILLS
AND GENERAL INTELLIGENCE
No. of Questions: XX; Total Marks: XX

Q8. The average of 21, 23, 27, 29 is:
A. 23
B. 25
C. 27
D. 31

Q9. 4 x 20 + 30 – 5 = ?
A. 100
B. 105
C. 95
D. 78

Q10. Solve for x:
13 (x – 6) + 6 = 4x – 9
A. -6
B. 6
C. 7
D. -7

Q11. Three teams scored in the tournament as 125, 375 and 250 respectively. What
percentage of the total score did the winning team get?
A. 50%
B. 60%
C. 65%
D. 90%

Q12. If 12 : 14 = 18 : x, then find the value of x:
A. 25
B. 21
C. 18
D. 12

Q13. Which of the following is a prime number?
A. 60
B. 57
C. 108
D. 73

Q14. Complete the sequence: 2, 5, 11, 23, 47, ____
A. 63
B. 75
C. 95
D. 109

SECTION 3 – GENERAL KNOWLEDGE, CURRENT AFFAIRS
AND PAKISTAN ECONOMY
No. of Questions: XX; Total Marks: XX

Q15. The Prime Minister of Pakistan and former Army Chief has been invited to which of the
following international forum this January?
A. International Monetary Fund Forum
B. South East Asian Economic Forum
C. World Economic Forum
D. Economic Cooperation Organization

Q16. Which of the following is the largest hot desert in the world?
A. Sahara
B. Thar
C. Antarctica
D. Artic

Q17. Which of the following is the second largest province of Pakistan by area?
A. Baluchistan
B. Sindh
C. Punjab
D. Khyber Pakhtunkhwa

Q18. Which of the following is the first human who traveled in to space?
A. Neil Armstrong
B. Yuri Gagarin
C. Sergei Korolev
D. John Glenn

Q19. Pound sterling is the currency of _____________.
A. Germany
B. United Kingdom
C. United States
D. Egypt

Q 20. The establishment of Military courts to prosecute the terrorists were allowed under which
amendment of the 1973 constitution of Pakistan?
A. 19th Amendment
B. 20th Amendment
C. 21st Amendment
D. 22nd Amendment

Q 21. In the month of January 2017, the newly elected President of United States of America Mr.
Donald J. Trump will take the oath of office as:
A. 43rd President of United States
B. 44th President of United States
C. 45th President of United States
D. 46th President of United States

Q 22. There are numerous projects under CPEC agreement. Which of the following IT project is recently
inaugurated?
A. Rawalpindi-Khunjerab fiber optic
B. Quaid-e-Azam Solar Park
C. Pak China Bio-Tech Laboratory
D. Orange Line (Lahore Metro)

Q 23. According to SBP statistical reports, the total external debt and liabilities of Pakistan as on 30
September 2016 stood at approximately:
A. USD 54 billion
B. USD 66 billion
C. USD 74 billion
D. USD 88 billion

Q 24. The overall contribution of the Agricultural sector in the GDP growth of the Economy in 2015-2016 posted
A. a rise of 2.5 percent
B. a rise of 0.2 percent
C. a decline of 0.2 percent
D. a decline of 2.5 percent

ANSWERS
Question Number—-Key
1 C
2 C
3 C
4 D
5 B
6 B
7 A
8 B
9 B
10 C
11 A
12 B
13 D
14 C
15 C
16 A
17 C
18 B
19 B