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MCQ Practice

Current Affairs (National) MCQs

Why was Pakistan’s annual Pakistan Day military parade canceled in 2026?

  • A. Winter weather conditions
  • B. Ongoing Gulf oil crisis and austerity measures
  • C. International travel restrictions
  • D. Construction at the parade grounds
Explanation:
It was canceled due to a Gulf oil crisis and austerity measures declared by the government.

As of late March 2026, Pakistan’s foreign exchange reserves could cover about how many months of import needs?

  • A. One month
  • B. Three months
  • C. Six months
  • D. Nine months
Explanation:
The reserves of roughly $16.4bn covered nearly three months of imports.

Pakistan’s policy rate was reported around early 2026 to have been cut to what level by end-2025?

  • A. 5%
  • B. 10.5%
  • C. 15%
  • D. 22%
Explanation:
The central bank cut the policy rate to 10.5% by end-2025 (from 22% in May 2024).

What global economic group’s forum did Prime Minister Sharif speak at in January 2026, asking for investments in Pakistan?

  • A. G20 Summit in India
  • B. APEC meeting in Thailand
  • C. WEF Davos in Switzerland
  • D. OPEC meeting in Austria
Explanation:
He spoke at the World Economic Forum in Davos urging investment in Pakistan.

What was Pakistan’s current account balance in January 2026?

  • A. Surplus of $121 million
  • B. Deficit of $393 million
  • C. Surplus of $500 million
  • D. Balanced at $0
Explanation:
Pakistan reported a current account surplus of $121 million in Jan 2026.

Pakistan’s exports in January 2026 exceeded which threshold for the first time?

  • A. $2 billion
  • B. $3 billion
  • C. $4 billion
  • D. $5 billion
Explanation:
Exports reached over $3.0 billion in Jan 2026.

How much did Pakistan receive in remittances in January 2026?

  • A. $1.2 billion
  • B. $2.6 billion
  • C. $3.5 billion
  • D. $4.8 billion
Explanation:
Foreign remittances totaled $3.5 billion in Jan 2026.

During the World Bank-IMF Spring meetings in April 2026, Pakistan extended a deposit from which country’s development fund?

  • A. United Arab Emirates
  • B. China
  • C. Saudi Arabia
  • D. USA
Explanation:
Pakistan extended a $3bn deposit from the Saudi Fund for Development.

What award was conferred upon Prof. Sarwar Muhammad Khawaja by Pakistan in March 2026?

  • A. Nishan-e-Haider
  • B. Sitara-i-Imtiaz
  • C. Hilal-i-Imtiaz
  • D. Nishan-i-Imtiaz
Explanation:
He was awarded the Sitara-i-Imtiaz in March 2026.

Which Pakistani individual was appointed to the Federal Public Service Commission (FPSC) by President Zardari in March 2026?

  • A. Nadeem Ahmad
  • B. Eazaz Aslam Dar
  • C. Khalid Mansoor
  • D. Saeed Ahmed Khan
Explanation:
Eazaz Aslam Dar was appointed as an FPSC member from Balochistan in Mar 2026.