May 2024 Edition
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May 2024 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#3581
Consider the following statements about the diplomatic events of May 2026: 1. Interior Minister Mohsin Naqvi visited Tehran twice in less than a week to facilitate negotiations. 2. The first round of US-Iran talks in Islamabad resulted in a signed comprehensive peace agreement. 3. Field Marshal Asim Munir held meetings with Iranian officials to discuss regional peace and US-Iran talks. 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 correct as the Interior Minister made multiple trips to Tehran. Statement 2 is incorrect because the first round of talks ended without an agreement. Statement 3 is correct as the CDF's visit was explicitly for mediation and discussion of regional peace. [Source: https://www.dawn.com/news/2002286/cdf-asim-munir-arrives-in-iran-as-part-of-ongoing-mediation-efforts-ispr, 22 May 2026]
#3582
Who received Field Marshal Asim Munir upon his arrival in Tehran on May 22, 2026?
(a) Abbas Araghchi
(b) Eskandar Momeni
(c) Steve Witkoff
(d) None of these
Explanation: Eskandar Momeni, the Iranian Minister for Interior, officially received the Pakistani delegation at the airport. Abbas Araghchi is the Iranian Foreign Minister, and Steve Witkoff is a US Special Envoy. [Source: https://www.dawn.com/news/2002286/cdf-asim-munir-arrives-in-iran-as-part-of-ongoing-mediation-efforts-ispr, 22 May 2026]
#3583
Which of the following is NOT a primary issue impeding progress in the US-Iran negotiations as of May 2026?
(a) Iran's nuclear programme
(b) Strait of Hormuz security
(c) Sanctions relief
(d) Global climate change accords
Explanation: The primary impediments to the negotiations are nuclear programs, sanctions relief, and regional security concerns like the Strait of Hormuz. Global climate change accords are not cited as a factor in the current diplomatic deadlock. [Source: https://www.dawn.com/news/2002286/cdf-asim-munir-arrives-in-iran-as-part-of-ongoing-mediation-efforts-ispr, 22 May 2026]
#3584
Which Pakistani official visited Iran in May 2026 to discuss the revival of the stalled US-Iran peace process?
(a) Ishaq Dar
(b) Mohsin Naqvi
(c) Asim Munir
(d) None of these
Explanation: Interior Minister Mohsin Naqvi conducted the visit to Iran to hold meetings with Iranian leadership to revive the peace process. While Ishaq Dar is involved in foreign policy, the specific visit mentioned in the context of the May 2026 developments was led by the Interior Minister. [Source: https://www.dawn.com/news/2000962/pm-shehbaz-credits-political-military-partnership-for-pakistans-recognition-as-us-iran-mediator-changed-image, 17 May 2026]
#3585
Which prestigious civilian award was conferred upon Prince Rahim al-Hussaini Aga Khan V in 2024?
(a) Tamgha-i-Pakistan
(b) Hilal-i-Pakistan
(c) Sitara-i-Pakistan
(d) Nishan-i-Pakistan
Explanation: The Nishan-i-Pakistan is the nation's highest civilian award, which was granted to the Prince in 2024 for his family's contributions to the country. The other options are lower-tier civil awards. [Source: https://www.dawn.com/news/2001810/aga-khan-affirms-commitment-to-supporting-development-during-meeting-with-president-zardari, 20 May 2026]
#3586
Consider the following statements about the visit of Prince Rahim al-Hussaini Aga Khan V to Pakistan in May 2026: 1. The Prince held delegation-level talks at the Presidency with President Asif Ali Zardari. 2. The Aga Khan Development Network (AKDN) is involved in climate resilience and heritage conservation in Pakistan. 3. The visit included a formal guard of honour at the Prime Minister's House. 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 regarding the diplomatic proceedings and the scope of AKDN's work. Statement 3 is incorrect because the guard of honour was presented at Aiwan-i-Sadr (President House), not the Prime Minister's House. [Source: https://www.dawn.com/news/2001810/aga-khan-affirms-commitment-to-supporting-development-during-meeting-with-president-zardari, 20 May 2026]
#3587
Who among the following officials attended the banquet held in honour of Prince Rahim al-Hussaini Aga Khan V on May 20, 2026?
(a) Ishaq Dar
(b) Raja Pervaiz Ashraf
(c) Sadiq Sanjrani
(d) Sherry Rehman
Explanation: Ishaq Dar, serving as the Deputy Prime Minister and Foreign Minister, was among the high-level officials present at the banquet. The other individuals listed were not mentioned as attendees of this specific event. [Source: https://www.dawn.com/news/2001810/aga-khan-affirms-commitment-to-supporting-development-during-meeting-with-president-zardari, 20 May 2026]
#3588
Prince Rahim al-Hussaini Aga Khan V arrived in Pakistan on May 20, 2026, at which specific location?
(a) Jinnah International Airport
(b) Allama Iqbal International Airport
(c) Nur Khan Air Base
(d) Bacha Khan International Airport
Explanation: Prince Rahim was officially received by President Asif Ali Zardari upon his arrival at the Nur Khan Air Base in Islamabad. The other options represent major international airports in Pakistan that were not the site of this specific diplomatic arrival. [Source: https://www.dawn.com/news/2001810/aga-khan-affirms-commitment-to-supporting-development-during-meeting-with-president-zardari, 20 May 2026]
#3589
Arrange the following major international and regional developments in the correct chronological order of their reported occurrences or scheduling (earliest to latest): 1. The 11th Pakistan Banking Awards. 2. The 2024 uprising in Bangladesh leading to the current political climate for Sheikh Hasina. 3. The reported monsoon-related fatalities in India reaching over 100 on August 6, 2026. 4. The legislative advancement of a conditional amnesty bill for PKK fighters in Turkey.
(a) 2, 3, 4, 1
(b) 3, 2, 4, 1
(c) 2, 1, 3, 4
(d) 4, 2, 3, 1
Explanation: The sequence is determined by the 2024 Bangladesh uprising, followed by the specific disaster reports from India (August 6, 2026), the legislative action in Turkey (August 6, 2026), and finally the scheduled Pakistan Banking Awards (August 21, 2026). [Source: https://www.dawn.com/news/2020870/floods-landslides-leave-over-100-dead-as-monsoon-batters-india]
#3590
Consider the following statements regarding the energy sector meeting held on May 2, 2026: 1. The Prime Minister directed authorities to prioritize relief for both industrial and domestic consumers. 2. The government is exploring the use of advanced technology to enhance digital facilities for bill payments. 3. The meeting concluded with a decision to immediately abolish all fixed charges on electricity bills. 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 correct as they reflect the Prime Minister's directives on consumer relief and digital modernization. Statement 3 is incorrect because the government did not announce the abolition of fixed charges, despite public suggestions. [Source: https://www.dawn.com/news/1996962/pm-shehbaz-orders-formulation-of-strategy-to-stabilise-electricity-tariffs, 02 May 2026]
#3591
Who currently serves as the Minister for Power in the federal cabinet as of May 2, 2026?
(a) Ahad Khan Cheema
(b) Sardar Awais Ahmed Khan Leghari
(c) Ali Pervaiz Malik
(d) Attaullah Tarar
Explanation: Sardar Awais Ahmed Khan Leghari is the Minister for Power. The other individuals listed hold different portfolios, such as Economic Affairs, Petroleum, and Information and Broadcasting. [Source: https://www.dawn.com/news/1996962/pm-shehbaz-orders-formulation-of-strategy-to-stabilise-electricity-tariffs, 02 May 2026]
#3592
Consider the following statements regarding the economic outlook as of June 2026: 1. The primary balance surplus for FY26 was estimated at 2.5 percent of GDP. 2. The MPC is targeting a primary balance surplus of 2 percent of GDP for FY27. 3. Headline inflation remained in single digits throughout April and May 2026. 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 correct as they reflect the fiscal consolidation targets and estimates provided by the MPC. Statement 3 is incorrect because headline inflation rose to double digits in April and May 2026, not single digits. [Source: https://www.dawn.com/news/2008043/central-bank-keeps-policy-rate-unchanged-at-115pc, 15 Jun 2026]
#3593
Match List I (Economic Indicator/Metric) with List II (Status/Value as of May 2026 report): 1. Total disbursements under two arrangements — a. 16 billion dollars 2. Foreign exchange reserves (Dec 2025) — b. 1.32 billion dollars 3. Latest IMF financing approval — c. 4.8 billion dollars 4. Foreign exchange reserves (June 2025) — d. 14.5 billion dollars
(a) 1-c, 2-a, 3-b, 4-d
(b) 1-b, 2-a, 3-c, 4-d
(c) 1-c, 2-d, 3-b, 4-a
(d) 1-a, 2-c, 3-b, 4-d
Explanation: The total disbursements under the EFF and RSF reached $4.8 billion, while the latest approval was $1.32 billion. Reserves grew from $14.5 billion in June 2025 to $16 billion in December 2025. [Source: https://www.dawn.com/news/1998725/imfs-executive-board-approves-12-billion-financing-for-pakistans-reform-programme, 08 May 2026]
#3594
On May 8, 2026, the IMF Executive Board approved a financing package for Pakistan totaling:
(a) 1.10 billion dollars
(b) 1.32 billion dollars
(c) 4.80 billion dollars
(d) 16.0 billion dollars
Explanation: The IMF approved $1.32 billion in financing during the May 2026 review. While $4.8 billion represents the total cumulative disbursements under the current arrangements, $1.32 billion is the specific amount approved in this tranche. [Source: https://www.dawn.com/news/1998725/imfs-executive-board-approves-12-billion-financing-for-pakistans-reform-programme, 08 May 2026]
#3595
Who served as the Acting Chair during the IMF Executive Board meeting on May 8, 2026?
(a) Kristalina Georgieva
(b) Gita Gopinath
(c) Nigel Clarke
(d) David Malpass
Explanation: Nigel Clarke, the IMF Deputy Managing Director, presided over the meeting as the Acting Chair. The other individuals listed hold or have held different leadership roles within the IMF or World Bank. [Source: https://www.dawn.com/news/1998725/imfs-executive-board-approves-12-billion-financing-for-pakistans-reform-programme, 08 May 2026]
#3596
According to the IMF review of May 2026, what was the level of Pakistan's foreign exchange reserves at the end of December 2025?
(a) 16.0 billion dollars
(b) 14.5 billion dollars
(c) 18.2 billion dollars
(d) 20.5 billion dollars
Explanation: The IMF report confirmed that foreign exchange reserves reached $16 billion by the end of December 2025, an increase from the $14.5 billion recorded in June 2025. [Source: https://www.dawn.com/news/1998725/imfs-executive-board-approves-12-billion-financing-for-pakistans-reform-programme, 08 May 2026]
#3597
Which facility, alongside the Extended Fund Facility (EFF), provided funding to Pakistan in the May 2026 IMF review?
(a) Precautionary and Liquidity Line
(b) Poverty Reduction and Growth Trust
(c) Flexible Credit Line
(d) Resilience and Sustainability Facility
Explanation: The financing package consists of funds from the EFF and the Resilience and Sustainability Facility (RSF). The other options are alternative IMF lending instruments not utilized in this specific disbursement. [Source: https://www.dawn.com/news/1998725/imfs-executive-board-approves-12-billion-financing-for-pakistans-reform-programme, 08 May 2026]
#3598
Consider the following statements regarding the IMF's assessment of Pakistan's economy in May 2026: 1. The IMF flagged the Middle East war as a source of heightened geopolitical risk. 2. Pakistan met structural benchmarks related to tax policy and energy pricing. 3. The IMF recommended an immediate expansionary fiscal policy to stimulate growth. 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 correct as they reflect the IMF's stated concerns and the conditions met by Pakistan. Statement 3 is incorrect because the IMF explicitly recommended gradual fiscal consolidation, not expansionary policy. [Source: https://www.dawn.com/news/1998725/imfs-executive-board-approves-12-billion-financing-for-pakistans-reform-programme, 08 May 2026]
#3599
What is the maturity period of the inaugural Panda bond issued by Pakistan on May 14, 2026?
(a) One year
(b) Three years
(c) Five years
(d) Ten years
Explanation: The inaugural Panda bond is a fixed-rate instrument with a three-year maturity. This duration is a standard feature for initial sovereign entries into the Chinese onshore market. [Source: https://www.dawn.com/news/2000249/pakistan-raises-250m-equivalent-in-inaugural-panda-bond-issuance, 14 May 2026]
#3600
On May 10, 2026, which Pakistani official was specifically commended by the Prime Minister for his dedication to the mediation efforts between the US and Iran?
(a) Ishaq Dar
(b) Tahir Andrabi
(c) Asim Munir
(d) None of these
Explanation: Prime Minister Shehbaz Sharif explicitly congratulated Field Marshal Asim Munir for his dedication to the mediation cause. While Ishaq Dar was also commended, the Prime Minister's specific mention of the Field Marshal's dedication highlights his central role in the military-diplomatic coordination. [Source: https://www.dawn.com/news/1999181/tehran-sends-response-to-us-peace-proposal-via-pakistan, 10 May 2026]