The Economy of Saudi Arabia: Checkpoint 1

Quick checkpoint - five questions on the economy of saudi arabia.

Question 1 of 5 When did Aramco list on the Saudi stock exchange?

1980 December 2019 1938 2030

It raised about $25 billion.

Question 2 of 5 What is Vision 2030?

An OPEC treaty A tax law A space mission A plan to diversify the Saudi economy

Launched in 2016.

Question 3 of 5 What is the riyal's peg?

1 per dollar Floating 3.75 per dollar 10 per dollar

Fixed since 1986.

Question 4 of 5 What does PIF stand for?

Petroleum Import Fee Pilgrim Investment Firm Private Income Fund Public Investment Fund

It is a sovereign wealth fund.

Question 5 of 5 What is Nitaqat?

A currency A tax on oil A Saudization quota scheme A national bank

It requires firms to hire Saudis.

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