April 2025 Edition
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April 2025 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#3261
Consider the following statements about Pakistan's external debt management in April 2026: 1. The UAE loan being repaid was originally extended in 2019. 2. Pakistan has requested significant changes to its $7 billion IMF lending programme due to the Middle East conflict. 3. The central bank's foreign exchange reserves were reported at $20.52 billion as of April 10, 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: Statement 1 is correct as the UAE loan dates back to 2019. Statement 3 is correct regarding the reserve figures reported by the SBP. Statement 2 is incorrect because the Finance Minister stated that while the IMF programme is an option, the government has not yet requested changes to it. [Source: https://www.dawn.com/news/1993003/sbp-says-govt-has-paid-2bn-to-uae, 18 Apr 2026]
#3262
What is the interest rate offered on the Eurobond issued by Pakistan in April 2026?
(a) 5.975 percent
(b) 8.975 percent
(c) 7.975 percent
(d) 6.975 percent
Explanation: The sovereign yield for the 2026 Eurobond issuance was set at 6.975 percent. This rate reflects the market's assessment of the risk and the government's re-entry into global capital markets. [Source: https://www.dawn.com/news/1993495/pakistan-increases-eurobond-from-500m-to-750m, 20 Apr 2026]
#3263
Which of the following statements regarding the fuel price adjustment on April 11, 2026, is INCORRECT?
(a) The price of light diesel oil (LDO) was reduced by Rs25.31 per litre.
(b) The government decided to retain a portion of the global price fall to recoup previous subsidy expenditures.
(c) Tax rates on all fuel products were kept unchanged during this price revision.
(d) The price of kerosene was reduced by Rs17.33 per litre.
Explanation: The Prime Minister explicitly rejected the proposal to retain part of the price fall to recoup subsidy costs, making statement A incorrect. All other statements accurately reflect the details provided in the announcement. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#3264
What is the total amount the government spent on fuel subsidies over the month preceding the April 11, 2026, announcement?
(a) Rs129 billion
(b) Rs107 billion
(c) Rs81 billion
(d) Rs385 billion
Explanation: The Prime Minister noted that the government had spent Rs129 billion on fuel subsidies over the past month. The other figures refer to tax components or the final price of fuel. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#3265
The ex-depot price of petrol was fixed at which of the following rates on April 11, 2026?
(a) Rs450.15 per litre
(b) Rs385.54 per litre
(c) Rs366.58 per litre
(d) Rs369.72 per litre
Explanation: Following the Rs12 reduction, the new price for petrol was fixed at Rs366.58 per litre. The other values correspond to the new prices for HSD, kerosene, and light diesel oil. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#3266
Consider the following statements about the fuel price revision on April 11, 2026: 1. The reduction in diesel prices was partially attributed to a correction in the pricing formula that previously benefited local refineries. 2. High-speed diesel is considered an inflationary item due to its extensive use in freight transportation. 3. The government reduced the petroleum levy on petrol to provide immediate relief to consumers. 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 pricing formula correction and the inflationary nature of diesel. Statement 3 is incorrect because the government explicitly stated that tax rates, including the petroleum levy, were kept unchanged. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#3267
Which of the following statements regarding Pakistan's external debt management in April 2026 is INCORRECT?
(a) Pakistan repaid a $1.3 billion Eurobond on April 8, 2026.
(b) Pakistan returned $2 billion to the United Arab Emirates.
(c) Saudi Arabia reduced its support facility for Pakistan to $2 billion.
(d) The government is utilizing the Global Medium-Term Note (GMTN) programme.
Explanation: Saudi Arabia actually increased its support facility for Pakistan to $8 billion from $5 billion, rather than reducing it. The other statements accurately reflect the debt repayment and financing activities reported in April 2026. [Source: https://www.dawn.com/news/1993495/pakistan-increases-eurobond-from-500m-to-750m, 20 Apr 2026]
#3268
Consider the following statements about the Eurobond issuance in April 2026: 1. It marked Pakistan's first return to international capital markets in four years. 2. The issuance was exclusively funded by domestic commercial banks. 3. The government intends to use the momentum to support future issuances under the GMTN programme. 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 issuance ended a four-year hiatus. Statement 2 is incorrect because the bonds were placed with global institutional investors, not domestic banks. Statement 3 is correct as the government explicitly stated the issuance builds momentum for future GMTN activity. [Source: https://www.dawn.com/news/1993495/pakistan-increases-eurobond-from-500m-to-750m, 20 Apr 2026]
#3269
What was the peak price per litre reached by high-speed diesel (HSD) on April 3, 2026?
(a) Rs335.86
(b) Rs458.40
(c) Rs311.47
(d) Rs520.35
Explanation: On April 3, 2026, HSD prices reached a peak of Rs520.35 per litre. The other figures represent different historical price points for either petrol or diesel. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]
#3270
Which fiscal tool did the Prime Minister utilize to reduce the petrol price to Rs378 per litre following the April 2026 price hike?
(a) General sales tax
(b) Petroleum levy
(c) Customs duty
(d) Excise duty
Explanation: The government slashed the petroleum levy by Rs80 per litre to provide immediate relief to consumers. This is a common fiscal instrument used to adjust the final ex-depot price of fuel. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]
#3271
Which of the following Apple models remained stable with no change in valuation between the January ruling and the April 2026 ruling?
(a) iPhone 15 Pro Max
(b) iPhone XS Max
(c) iPhone SE 2
(d) iPhone 13
Explanation: The iPhone XS Max and the iPhone SE 3 were identified as the most stable models, showing no change in valuation between the two rulings. Other models like the iPhone 15 Pro Max and iPhone SE 2 experienced varying degrees of upward adjustment. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
#3272
The Oil and Gas Regulatory Authority (Ogra) notified an increase in the price of RLNG in April 2026 by what percentage range?
(a) 19-22 per cent
(b) 10-15 per cent
(c) 25-30 per cent
(d) 35-40 per cent
Explanation: Ogra notified a 19-22 per cent increase in RLNG prices due to higher terminal charges and lower import volumes. This adjustment reflects the rising costs of energy procurement in the current fiscal environment. [Source: https://www.dawn.com/news/1998447/pakistan-turns-down-two-lowest-evaluated-lng-bids, 07 May 2026]
#3273
Consider the following statements about the 2026 customs valuation revision: 1. The revision specifically targets older and used mobile phone models. 2. Samsung devices recorded some of the steepest increases, particularly in the S10 and S21 series. 3. The valuation ruling was issued by the FBR on April 23, 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: All three statements are accurate. The ruling targets 62 older/used models, Samsung's older premium series saw significant jumps, and the ruling was officially issued on the specified date of April 23, 2026. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
#3274
Who were the two federal ministers responsible for announcing the fuel price adjustments on April 2, 2026?
(a) Ali Pervaiz Malik and Muhammad Aurangzeb
(b) Bilal Yaseen and Shehbaz Sharif
(c) Muhammad Aurangzeb and Bilal Yaseen
(d) Ali Pervaiz Malik and Shehbaz Sharif
Explanation: Petroleum Minister Ali Pervaiz Malik and Finance Minister Muhammad Aurangzeb jointly announced the fuel price revisions on April 2, 2026. Other combinations include the Prime Minister or other provincial ministers who were not the primary spokespersons for this specific announcement. [Source: https://www.dawn.com/news/1994758/govt-hikes-petrol-high-speed-diesel-prices-by-rs26, 24 Apr 2026]
#3275
Which of the following companies did NOT submit a successful bid for the spot LNG cargoes in the April 2026 tender?
(a) TotalEnergies
(b) Vitol Bahrain
(c) OQ Trading
(d) Trafigura
Explanation: TotalEnergies, Vitol Bahrain, and OQ Trading were the three companies that secured the lowest bids. Trafigura was not among the successful bidders mentioned in the tender results. [Source: https://www.dawn.com/news/1994734/pakistan-secures-3-bids-for-spot-lng-cargoes, 24 Apr 2026]
#3276
Consider the following statements about the fuel price management in Pakistan during 2026: 1. The government implemented a targeted fuel subsidy programme to assist the public. 2. The Prime Minister slashed the petroleum levy by Rs80 per litre on April 3, 2026. 3. Global fuel market volatility was triggered by the conflict involving Iran. 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 events of 2026. The government introduced a targeted subsidy, the Prime Minister reduced the levy by Rs80 per litre on April 3, and the regional conflict involving Iran is the identified driver of global fuel market instability. [Source: https://www.dawn.com/news/1994758/govt-hikes-petrol-high-speed-diesel-prices-by-rs26, 24 Apr 2026]
#3277
As part of the austerity measures announced on April 3, 2026, for how long will federal cabinet members not receive their salaries?
(a) Two months
(b) Four months
(c) Six months
(d) None of these
Explanation: The government extended the salary suspension for cabinet members from the previously planned two months to six months to address the ongoing fuel crunch. Option D is incorrect because the correct duration is explicitly stated as six months. [Source: https://www.dawn.com/news/1988282/petrol-price-reduces-to-rs378-per-litre-as-govt-cuts-levy-by-rs80, 03 Apr 2026]
#3278
Which of the following statements regarding the government's fuel price adjustments on April 3, 2026, is INCORRECT?
(a) The petrol levy was reduced by Rs80 per litre.
(b) The new petrol price is set to remain unchanged for at least one month.
(c) The new petrol price is effective across the entire country.
(d) The government increased the levy on diesel to Rs55 per litre.
Explanation: The government actually reduced the levy on diesel to zero, not increased it to Rs55. The other statements accurately reflect the policy measures announced by the Prime Minister. [Source: https://www.dawn.com/news/1988282/petrol-price-reduces-to-rs378-per-litre-as-govt-cuts-levy-by-rs80, 03 Apr 2026]
#3279
How much did the government spend from national resources over the three weeks prior to April 3, 2026, to cushion the impact of rising oil prices?
(a) Rs80 billion
(b) Rs105 billion
(c) Rs129 billion
(d) Rs160 billion
Explanation: The Prime Minister stated that the government utilized Rs129 billion from national resources to subsidize the impact of international oil price hikes during the three weeks preceding the announcement. The other figures represent different levy rates or adjustments mentioned in the context of the policy. [Source: https://www.dawn.com/news/1988282/petrol-price-reduces-to-rs378-per-litre-as-govt-cuts-levy-by-rs80, 03 Apr 2026]
#3280
The Foreign Office spokesperson who issued the statement regarding the UAE financial deposits on April 4, 2026, is:
(a) Mumtaz Zahra Baloch
(b) Tahir Andrabi
(c) Asim Iftikhar Ahmad
(d) None of these
Explanation: Tahir Andrabi is the official identified in the report as the Foreign Office spokesperson who clarified that the return of the UAE deposits was a routine financial transaction. The other names are prominent diplomats but were not the source of this specific statement. [Source: https://www.dawn.com/news/1988580/fo-rejects-misleading-unfounded-commentary-regarding-financial-deposits-from-uae, 04 Apr 2026]