May 2024 Edition

May 2024 Current Affairs MCQs & Solutions

Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.

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#2761

Which global event is scheduled to be hosted by Azerbaijan in May 2026?

(a) International Peace Dialogue
(b) Global Energy Summit
(c) Regional Trade Conference
(d) World Urban Forum
Explanation: The Prime Minister expressed his best wishes for the success of the upcoming World Urban Forum, which is being hosted by Azerbaijan. This event serves as a platform for advancing the global urban development agenda. [Source: https://www.dawn.com/news/1999715/pm-shehbaz-azerbaijans-president-aliyev-discuss-peace-efforts-in-mideast-pmo, 12 May 2026]
#2762

Consider the following statements about the fuel price adjustments announced on May 29, 2026: 1. The government reduced the price of petrol and high-speed diesel by Rs22 per litre each. 2. The new prices for petrol and high-speed diesel were scheduled to take effect on May 30, 2026. 3. The government has been providing fuel subsidies specifically for public transport and motorcycle commuters. Which of the statements given above are correct?

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: All three statements are factually accurate based on the government's announcement. The price cut was Rs22, the effective date was May 30, and the government confirmed existing subsidy programs for public transport and two-wheelers. [Source: https://www.dawn.com/news/2003697/govt-cuts-petrol-diesel-prices-by-rs22, 29 May 2026]
#2763

Which regulatory body issued the notification regarding the reduction in the price of kerosene on May 29, 2026?

(a) State Bank of Pakistan
(b) Federal Board of Revenue
(c) Oil and Gas Regulatory Authority
(d) None of these
Explanation: The Oil and Gas Regulatory Authority (OGRA) is the designated body responsible for issuing notifications regarding petroleum product price changes in Pakistan. The State Bank and FBR do not manage retail fuel price notifications. [Source: https://www.dawn.com/news/2003697/govt-cuts-petrol-diesel-prices-by-rs22, 29 May 2026]
#2764

Which of the following statements regarding the May 2026 fuel price reduction is INCORRECT?

(a) The price of petrol was reduced by Rs22 per litre.
(b) The price of kerosene remained unchanged at its previous level.
(c) The price of high-speed diesel was reduced by Rs22 per litre.
(d) The Prime Minister's Office announced the relief measures.
Explanation: The statement that kerosene prices remained unchanged is incorrect, as the Oil and Gas Regulatory Authority explicitly reduced the price of kerosene from Rs313.44 to Rs272. [Source: https://www.dawn.com/news/2003697/govt-cuts-petrol-diesel-prices-by-rs22, 29 May 2026]
#2765

Who is the current Power Minister of Pakistan as of May 2026?

(a) Awais Leghari
(b) Musadik Malik
(c) Khurram Dastgir
(d) None of these
Explanation: Awais Leghari is the serving Power Minister who addressed the press conference regarding the status of negotiations with Chinese power producers. The other names listed are former ministers who have held the portfolio in previous administrations. [Source: https://www.dawn.com/news/2004161/no-sufficient-outcome-yet-of-talks-to-secure-discounts-from-chinese-power-producers-leghari, 31 May 2026]
#2766

Consider the following statements about the current status of Pakistan's power sector negotiations: 1. Negotiations with CPEC-related power producers have resulted in significant tariff reductions as of May 2026. 2. The government is constrained by government-to-government frameworks when renegotiating CPEC energy contracts. 3. The government has successfully reduced the budgeted power sector subsidy from Rs1.287 trillion to Rs890 billion for the current year. Which of the statements given above is/are correct?

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is incorrect because the minister stated there has been 'no sufficient outcome' regarding CPEC-related negotiations. Statements 2 and 3 are factually accurate based on the minister's briefing regarding the framework constraints and the reduction in subsidy figures. [Source: https://www.dawn.com/news/2004161/no-sufficient-outcome-yet-of-talks-to-secure-discounts-from-chinese-power-producers-leghari, 31 May 2026]
#2767

Consider the following statements about the political transition in the UK in 2026: 1. Andy Burnham was elected as the new Labour leader after a competitive vote against multiple candidates. 2. The Labour Party maintains its parliamentary majority based on the results of the 2024 general elections. 3. Andy Burnham previously served in the cabinet under former Prime Minister Gordon Brown. Which of the statements given above is/are correct?

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is incorrect because Burnham was confirmed as leader due to there being no other eligibly nominated candidate, not through a competitive vote. Statements 2 and 3 are factually accurate. [Source: https://www.dawn.com/news/2016211/andy-burnham-elected-new-labour-leader-now-set-to-be-uk-pm, 17 Jul 2026]
#2768

Following the price adjustment effective from May 9, 2026, what is the new price of petrol per litre in Pakistan?

(a) Rs378.00
(b) Rs414.78
(c) Rs414.58
(d) None of these
Explanation: The government increased the price of petrol by Rs14.92, bringing the total to Rs414.78 per litre. Option C represents the price of high-speed diesel, while option A refers to a previous price point. [Source: https://www.dawn.com/news/1998722/govt-hikes-petrol-by-rs1492-per-litre-diesel-by-rs15, 08 May 2026]
#2769

Consider the following statements about the US-China summit in May 2026: 1. This visit marks the first time a US president has visited China in nearly ten years. 2. President Trump initially delayed the visit from March due to the war in the Middle East. 3. The US delegation includes the Secretary of State and the Secretary of Defence. Which of the statements given above is/are correct?

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: All three statements are factually accurate based on the report. The visit is the first in nearly a decade, the delay was caused by the Middle East conflict, and both the Secretary of State (Marco Rubio) and Secretary of Defence (Pete Hegseth) were confirmed to be on the flight. [Source: https://www.dawn.com/news/1999895/trump-arrives-in-beijing-for-high-stakes-meeting-with-chinese-president-xi, 13 May 2026]
#2770

Consider the following statements about the Breathe Pakistan International Climate Change Conference: 1. The conference was a two-day event held in May 2026. 2. Senate Chairman Yousuf Raza Gilani emphasized that internal stability and regional calm are necessary for the climate agenda. 3. The conference was exclusively attended by government officials and had no representation from the private sector. Which of the statements given above is/are correct?

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 and 2 are factually correct based on the event details. Statement 3 is incorrect because the conference explicitly included corporate leaders and representatives from the banking and energy sectors. [Source: https://www.dawn.com/news/1998144/breathe-pakistan-international-climate-change-conference-concludes-with-calls-for-climate-resilience-coordinated-action, 07 May 2026]
#2771

In 2024, which Indian regulatory body investigated Amazon for alleged breaches of competition laws related to deep discounting?

(a) Securities and Exchange Board of India
(b) Insurance Regulatory and Development Authority
(c) Reserve Bank of India
(d) Competition Commission of India
Explanation: The Competition Commission of India (the antitrust watchdog) conducted the investigation into Amazon's business practices. The other bodies listed regulate financial markets, banking, and insurance, respectively. [Source: https://www.brecorder.com/news/40431461/india-relaxes-e-commerce-investment-rules-for-exports-in-win-for-amazon, 23 Jul 2026]
#2772

As of May 31, 2026, what was the total value of assets managed by India's portfolio management services industry?

(a) 18.07 trillion rupees
(b) 42.61 trillion rupees
(c) 55.30 trillion rupees
(d) None of these
Explanation: The assets managed by the Indian portfolio management services industry reached 42.61 trillion rupees by May 31, 2026. The figure of 18.07 trillion rupees represents the industry's asset size in April 2019. [Source: https://www.brecorder.com/news/40431463/indias-sebi-proposes-allowing-portfolio-managers-to-invest-overseas-in-to-be-listed-securities, 23 Jul 2026]
#2773

Consider the following statements about the European Union's regulatory actions against Google in 2026: 1. The fines were issued due to Google favoring its own services in search results like hotels and flights. 2. Google has expressed that it may challenge the Commission's findings in court. 3. The European Commission has ceased all dialogue with Google following the imposition of these fines. Which of the statements given above is/are correct?

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statements 1 and 2 are accurate as Google favored its own services and has indicated potential legal recourse. Statement 3 is false because the Commission explicitly noted a 'constructive dialogue' is ongoing to ensure compliance. [Source: https://www.dawn.com/news/2017814/google-hit-with-1bn-eu-fine-in-constructive-talks-to-avoid-more-penalties, 23 Jul 2026]
#2774

Consider the following statements about the 75th-anniversary ceremony held in May 2026: 1. President Asif Ali Zardari attended the ceremony in Islamabad. 2. The ceremony marked the 75th anniversary of the establishment of diplomatic relations. 3. The Prime Minister stated that the world can move forward without China's technological and industrial contribution. Which of the statements given above is/are correct?

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statements 1 and 2 are factually correct. Statement 3 is incorrect because the Prime Minister emphasized that the world cannot move forward without China, given its industrial and technological advancements. [Source: https://www.dawn.com/news/2002044/pm-shehbaz-lauds-steadfast-pak-china-friendship-says-beijing-supported-islamabad-in-unwavering-fashion, 21 May 2026]
#2775

Following the price adjustment announced on May 22, 2026, what is the new price of petrol per litre?

(a) Rs378.00
(b) Rs402.78
(c) Rs403.78
(d) None of these
Explanation: After the reduction of Rs6 per litre, the price of petrol was set at Rs403.78 per litre. High-speed diesel was set at Rs402.78 per litre. [Source: https://www.dawn.com/news/2002321/govt-reduces-petrol-by-rs6-per-litre-high-speed-diesel-by-rs68, 22 May 2026]
#2776

Which of the following is NOT a category of business exempted from the 9pm closing time in Sindh as per the May 2026 notification?

(a) Wedding halls
(b) Shopping malls
(c) Food outlets
(d) Public sector offices
Explanation: The notification specifically exempted commercial entities like wedding halls, shopping malls, and food outlets from the 9pm closing time. Public sector offices were not included in this commercial market timing exemption. [Source: https://www.dawn.com/news/2000676/sindh-lifts-curbs-on-market-timings-minister-says-step-taken-to-facilitate-businesses-citizens, 16 May 2026]
#2777

Who announced the decision to lift market timing restrictions in Sindh on May 16, 2026?

(a) Murad Ali Shah
(b) Sharjeel Memon
(c) Saeed Ghani
(d) None of these
Explanation: Sharjeel Memon, serving as the Sindh Senior Minister, officially announced the exemption of markets and businesses from fixed closing times. Murad Ali Shah is the Chief Minister, but the specific announcement regarding this policy shift was attributed to the Senior Minister. [Source: https://www.dawn.com/news/2000676/sindh-lifts-curbs-on-market-timings-minister-says-step-taken-to-facilitate-businesses-citizens, 16 May 2026]
#2778

Consider the following statements about the market timing policies in May 2026: 1. The federal government announced a nationwide 8pm market closure policy on April 6, 2026. 2. The Sindh government's decision to lift curbs was intended to facilitate businesses and citizens. 3. The Khyber Pakhtunkhwa government requested citizens to continue observing electricity conservation measures despite lifting timing restrictions. Which of the statements given above is/are correct?

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: All three statements are factually accurate based on the provided information. The federal government did announce the 8pm policy in April, Sindh cited facilitation as the reason for the change, and KP explicitly requested continued electricity conservation. [Source: https://www.dawn.com/news/2000676/sindh-lifts-curbs-on-market-timings-minister-says-step-taken-to-facilitate-businesses-citizens, 16 May 2026]
#2779

According to the claims made by the Khyber Pakhtunkhwa Chief Minister on May 20, 2026, what percentage of vision has the former prime minister allegedly lost in one eye?

(a) 85 per cent
(b) 75 per cent
(c) 50 per cent
(d) 95 per cent
Explanation: The Chief Minister stated during the press conference that the former prime minister has lost 85 per cent of his vision in one eye. This figure was cited as a primary reason for the demand for specialized medical care. [Source: https://www.dawn.com/news/2001835/afridi-aleema-claim-shots-were-fired-at-adiala-sit-in-participants, 20 May 2026]
#2780

Which of the following claims was NOT made by the Khyber Pakhtunkhwa Chief Minister or Aleema Khan during the press conference on May 20, 2026?

(a) Shots were fired at the sit-in participants on Tuesday night.
(b) Wheat supplies to Khyber Pakhtunkhwa have been blocked by the federal government.
(c) The former prime minister secured a deal for petroleum products at 30 per cent lower rates from Russia.
(d) The judiciary is currently operating with complete independence in all cases.
Explanation: Aleema Khan explicitly claimed that the judiciary had been 'managed' and that no judge was willing to independently hear the cases, making the false statement. The other options reflect claims made by the speakers during the event. [Source: https://www.dawn.com/news/2001835/afridi-aleema-claim-shots-were-fired-at-adiala-sit-in-participants, 20 May 2026]