State-Owned Enterprises (PIA, Steel Mills, etc.) MCQs 10 Score: 0 Attempted: 0/20 1. Which government organization is responsible for overseeing state-owned enterprises in Pakistan? (A) Ministry of Commerce (B) Ministry of Finance (C) Ministry of Privatization (D) Ministry of Industries and Production 2. The Pakistan International Airlines (PIA) was established in which year? (A) 1947 (B) 1955 (C) 1960 (D) 1971 3. The Pakistan Steel Mills (PSM) is located in which city? (A) Lahore (B) Karachi (C) Islamabad (D) Faisalabad 4. The main reason for financial losses in Pakistan’s state-owned enterprises is: (A) Lack of employees (B) Political interference and mismanagement (C) High tax rates (D) Excessive private sector competition 5. The Pakistan Railways operates under which ministry? (A) Ministry of Transport (B) Ministry of Communications (C) Ministry of Railways (D) Ministry of Interior 6. Which state-owned enterprise provides natural gas distribution in Pakistan? (A) OGDCL (B) SNGPL and SSGC (C) Pakistan Petroleum Limited (D) WAPDA 7. Which state-owned bank is the largest in Pakistan? (A) United Bank Limited (UBL) (B) MCB Bank (C) National Bank of Pakistan (NBP) (D) Bank Alfalah 8. The privatization of state-owned enterprises in Pakistan began in: (A) 1970s (B) 1980s (C) 1990s (D) 2000s 9. The Water and Power Development Authority (WAPDA) is responsible for: (A) Oil and Gas Exploration (B) Electricity Generation and Water Management (C) Steel Production (D) Aviation Services 10. The Pakistan Post Office is a state-owned enterprise under which ministry? (A) Ministry of Interior (B) Ministry of Postal Services (C) Ministry of Communications (D) Ministry of Finance 11. The Oil and Gas Development Company Limited (OGDCL) was established in: (A) 1948 (B) 1961 (C) 1976 (D) 1985 12. Which state-owned organization manages telecommunication services in Pakistan? (A) Ufone (B) Pakistan Telecommunication Company Limited (PTCL) (C) Zong (D) Telenor 13. What is the major challenge faced by Pakistan Railways? (A) Lack of employees (B) Poor infrastructure and corruption (C) Low ticket prices (D) Excessive air travel competition 14. The Pakistan State Oil (PSO) is primarily responsible for: (A) Power generation (B) Oil marketing and distribution (C) Steel production (D) Natural gas supply 15. The main reason for the downfall of Pakistan Steel Mills is: (A) Low demand for steel (B) Corruption and financial mismanagement (C) Competition from private industries (D) Excessive taxation 16. Which state-owned enterprise is responsible for broadcasting services in Pakistan? (A) Geo News (B) ARY News (C) Pakistan Television Corporation (PTV) (D) Express News 17. Which of the following is NOT a state-owned enterprise? (A) PIA (B) Ufone (C) PTCL (D) Habib Bank Limited (HBL) 18. The Government of Pakistan privatized which major bank in 2003? (A) United Bank Limited (UBL) (B) National Bank of Pakistan (NBP) (C) MCB Bank (D) First Women Bank 19. The largest employer among Pakistan’s state-owned enterprises is: (A) Pakistan Railways (B) Pakistan Post (C) PIA (D) WAPDA 20. The Privatization Commission of Pakistan was established in: (A) 1970 (B) 1988 (C) 1991 (D) 2000