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101
What is the medium-term inflation target range set by the State Bank of Pakistan?
Correct Option
Option B
Explanation
The MPC maintains its monetary policy stance to guide inflation toward the medium-term target range of 5-7 percent. This target is central to the bank's objective of price stability. [Source: https://www.dawn.com/news/2008043/central-bank-keeps-policy-rate-unchanged-at-115pc, 15 Jun 2026]
102
Which political party boycotted the Sindh Assembly session during the presentation of the 2026-27 budget?
Correct Option
Option B
Explanation
Lawmakers from the Muttahida Qaumi Movement-Pakistan (MQM-P) boycotted the session, citing a lack of prior consultation. Other parties listed were not identified as the primary boycotting group in the assembly session. [Source: https://www.dawn.com/news/2008557/sindh-cm-murad-ali-shah-presents-rs356tr-budget-with-no-new-taxes-7pc-pay-raise, 17 Jun 2026]
103
According to the Pakistan Bureau of Statistics, what was the provisional GDP growth rate for FY26?
Correct Option
Option D
Explanation
The GDP growth for FY26 was provisionally estimated at 3.7 percent, showing an increase from the 3.2 percent recorded in FY25. The growth was primarily driven by the services and industry sectors. [Source: https://www.dawn.com/news/2008043/central-bank-keeps-policy-rate-unchanged-at-115pc, 15 Jun 2026]
104
Consider the following statements about the US-Iran Memorandum of Understanding:
1. The agreement mandates the immediate removal of all US naval forces from the region upon the signing of the MOU.
2. Iran is required to provide safe passage for commercial vessels in the Strait of Hormuz without charge for 60 days.
3. The agreement includes provisions for the termination of both unilateral US sanctions and UN Security Council resolutions.
Which of the statements given above is/are correct?
Correct Option
Option B
Explanation
Statement 1 is incorrect because the US is required to remove forces only within 30 days after the final deal, not immediately upon signing the MOU. Statements 2 and 3 accurately reflect the provisions regarding maritime passage and the schedule for sanctions termination. [Source: https://www.dawn.com/news/2008644/us-official-unveils-14-point-iran-agreement-to-halt-conflict-and-reopen-strait-of-hormuz, 17 Jun 2026]
105
Consider the following statements about Pakistan's engagement with the SCO:
1. Pakistan hosted the Meeting of the Council of Heads of Government in October 2024.
2. Pakistan leads an SCO working group specifically focused on poverty alleviation.
3. The SCO was originally formed in 2001 as a security cooperation group.
Which of the statements given above is/are correct?
Correct Option
Option D
Explanation
All three statements are factually accurate. Pakistan hosted the 2024 government-level meeting, chairs the poverty alleviation working group, and the SCO was indeed founded in 2001 with a primary focus on security. [Source: https://www.dawn.com/news/2008079/pakistan-to-assume-chairmanship-of-sco-council-of-heads-of-states-in-september, 15 Jun 2026]
106
Which political party secured the highest number of seats in the June 2026 Gilgit-Baltistan elections?
Correct Option
Option C
Explanation
The Pakistan Peoples Party (PPP) emerged as the largest party in the assembly with 11 seats. The PML-N followed with six seats. [Source: https://www.dawn.com/news/2008336/four-independents-join-aleem-khans-istehkam-i-pakistan-party-in-gilgit-baltistan, 16 Jun 2026]
107
All of the following are provisions included in the 14-point agreement EXCEPT:
Correct Option
Option C
Explanation
The agreement does not include a provision for the transfer of nuclear technology; rather, it explicitly defers the complex issue of Iran's nuclear program to future negotiations. The other options are explicitly stated in the 14-point text. [Source: https://www.dawn.com/news/2008644/us-official-unveils-14-point-iran-agreement-to-halt-conflict-and-reopen-strait-of-hormuz, 17 Jun 2026]
108
According to the agreement, the United States and its regional partners plan to develop a reconstruction and economic development plan for Iran worth at least:
Correct Option
Option A
Explanation
Point 6 of the memorandum explicitly commits the United States and regional partners to a reconstruction plan valued at no less than USD 300 billion. This is intended to support the economic development of Iran following the cessation of hostilities. [Source: https://www.dawn.com/news/2008644/us-official-unveils-14-point-iran-agreement-to-halt-conflict-and-reopen-strait-of-hormuz, 17 Jun 2026]
109
Who is the current President of the Istehkam-e-Pakistan Party (IPP)?
Correct Option
Option B
Explanation
Abdul Aleem Khan is the President of the Istehkam-e-Pakistan Party. He officially welcomed the four independent members into the party fold in June 2026. [Source: https://www.dawn.com/news/2008336/four-independents-join-aleem-khans-istehkam-i-pakistan-party-in-gilgit-baltistan, 16 Jun 2026]
110
Which of the following statements regarding the Muharram 1448 AH announcement is INCORRECT?
Correct Option
Option D
Explanation
The government announces two specific holidays for the ninth and 10th of Muharram, not a holiday for the entire month. The other three statements accurately reflect the official notification details. [Source: https://www.dawn.com/news/2008058/muharram-moon-not-sighted-in-pakistan-ashura-to-fall-on-june-26, 15 Jun 2026]
