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.
#1941
Consider the following statements about the US-Pakistan trade negotiations as of July 2026: 1. Pakistan successfully negotiated a reduction in the initial IEEPA-based tariff from 29 per cent to 19 per cent in 2025. 2. The temporary global tariff of 10 per cent imposed under Section 122 is scheduled to expire on July 24, 2026. 3. India is currently facing a lower proposed tariff under Section 301 than Pakistan. 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 regarding the 2025 tariff reduction. Statement 2 is correct as the Section 122 tariff has a 150-day statutory limit expiring on July 24, 2026. Statement 3 is incorrect because India faces a 12.5% tariff, which is higher than Pakistan's 10%. [Source: https://www.dawn.com/news/2016679/finance-minister-aurangzeb-arrives-in-us-on-3-day-visit-expected-to-hold-talks-on-trade-finance-investment, 19 Jul 2026]
#1942
On April 18, 2026, the State Bank of Pakistan confirmed the repayment of how much debt to the United Arab Emirates?
(a) $1.5 billion
(b) $3.5 billion
(c) $2 billion
(d) $5 billion
Explanation: The State Bank of Pakistan officially announced on April 18, 2026, that the government had successfully repaid $2 billion to the UAE. While the total loan amount sought by the UAE was $3.5 billion, the specific payment confirmed on this date was $2 billion. [Source: https://www.dawn.com/news/1993003/sbp-says-govt-has-paid-2bn-to-uae, 18 Apr 2026]
#1943
What is the final value of the Eurobond issuance announced by the government on April 20, 2026?
(a) $500 million
(b) $750 million
(c) $1 billion
(d) $2 billion
Explanation: The government initially planned a $500 million issuance but exercised a green-shoe option to increase the total to $750 million due to high investor demand. The $500 million figure represents the initial amount, not the final upsized total. [Source: https://www.dawn.com/news/1993495/pakistan-increases-eurobond-from-500m-to-750m, 20 Apr 2026]
#1944
In April 2026, the government raised $500 million in the international capital market through which financial instrument?
(a) Sovereign Sukuk
(b) Treasury Bill
(c) Commercial Loan
(d) Eurobond
Explanation: The government successfully raised $500 million through a Eurobond issuance in April 2026, marking the first such issuance in four years. This is part of a broader strategy to diversify financing sources beyond traditional bilateral loans. [Source: https://www.dawn.com/news/1993003/sbp-says-govt-has-paid-2bn-to-uae, 18 Apr 2026]
#1945
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]
#1946
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]
#1947
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]
#1948
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]
#1949
Consider the following statements about the State Bank of India's capital raising activities: 1. The board approved raising up to 600 billion rupees through debt in the current financial year. 2. The bank's previous perpetual bond issuance occurred in November 2025. 3. The 2026 perpetual debt issuance is designed to be Basel III-compliant. 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 regarding the 600 billion rupee board approval. Statement 3 is correct regarding Basel III compliance. Statement 2 is incorrect because the bank's previous perpetual bond issuance occurred in October 2024, whereas Canara Bank issued bonds in November 2025. [Source: https://www.brecorder.com/news/40431637/indias-sbi-to-issue-first-rupee-denominated-perpetual-debt-of-2026-sources-say, 24 Jul 2026]
#1950
Consider the following statements about the Indian bond market and macroeconomic indicators as of July 24, 2026: 1. The 10-year U.S. Treasury yield reached its highest level since January 2025. 2. Brent crude prices briefly exceeded $100 per barrel for the first time in two months. 3. The probability of a Federal Reserve rate hike in September was estimated at 30%. 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. Statement 3 is incorrect because the probability of a Federal Reserve rate hike in September was reported at 80%, while the probability for July was 30%. [Source: https://www.brecorder.com/news/40431650/india-bonds-end-three-day-losing-streak-but-post-second-straight-weekly-decline, 24 Jul 2026]
#1951
Consider the following statements about the Australian market on July 27, 2026: 1. The S&P/NZX 50 index in New Zealand fell by 0.4%. 2. Financials rose to their highest level since April 22, 2026. 3. Markets have priced in a 50% chance of a rate hike at the next central bank meeting. 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 correct. Statement 3 is incorrect because the market priced in nearly a 30% chance of a rate hike, not 50%. [Source: https://www.brecorder.com/news/40431982/australian-shares-rise-nearly-1-as-middle-east-de-escalation-boosts-sentiment, 27 Jul 2026]
#1952
The 20 billion dollars worth of goods subject to the new tariffs represent approximately what percentage of total US imports from Canada in 2025?
(a) 5.2 percent
(b) 8.4 percent
(c) 12.1 percent
(d) 15.5 percent
Explanation: According to US Census Bureau data, the 20 billion dollars in affected goods accounts for roughly 5.2 percent of the 382 billion dollars in total imports from Canada during 2025. [Source: https://www.dawn.com/news/2017209/us-imposes-new-50pc-tariffs-on-20bn-worth-of-canadian-products, 21 Jul 2026]
#1953
Which of the following statements regarding the border security situation as of April 30, 2026, is INCORRECT?
(a) Pakistan has accused the Afghan Taliban regime of failing to ensure effective border management.
(b) The ISPR reported that the terrorists involved were foreign-sponsored.
(c) Security forces are conducting sanitization operations to eliminate remaining threats in the area.
(d) The infiltration attempts occurred exclusively within the Balochistan province.
Explanation: The infiltration attempts occurred in Khyber Pakhtunkhwa, not Balochistan. The other statements accurately reflect the official position and actions reported by the ISPR. [Source: https://www.dawn.com/news/1996454/13-terrorists-killed-as-bids-to-infiltrate-pak-afghan-border-in-kp-foiled-ispr, 30 Apr 2026]
#1954
Consider the following statements about the regional security situation as of May 4, 2026: 1. Iran's Revolutionary Guards Navy has claimed an expansion of areas under its control near the Strait of Hormuz. 2. The UAE has successfully maintained a total absence of drone and missile threats since the April 2026 ceasefire. 3. The Port of Khorfakkan was identified by Iranian authorities as being within their expanded area of control. 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 3 are correct as they reflect the claims made by the Iranian Revolutionary Guards Navy regarding the expansion of their control. Statement 2 is incorrect because the ceasefire was shattered by the May 4, 2026, drone attack, and the UAE had faced significant threats throughout the conflict period. [Source: https://www.dawn.com/news/1997510/fujairah-oil-zone-hit-by-drone-attack-as-uae-says-it-intercepted-iranian-missiles, 04 May 2026]
#1955
In which two districts of Khyber Pakhtunkhwa did the security forces foil infiltration attempts on April 30, 2026?
(a) Mohmand and North Waziristan
(b) Bajaur and Kurram
(c) South Waziristan and Orakzai
(d) Khyber and Dir
Explanation: The ISPR confirmed that the two separate infiltration attempts occurred in the Mohmand and North Waziristan districts. These areas are critical points along the Pak-Afghan border where security forces maintain high vigilance. [Source: https://www.dawn.com/news/1996454/13-terrorists-killed-as-bids-to-infiltrate-pak-afghan-border-in-kp-foiled-ispr, 30 Apr 2026]
#1956
Which military wing issued the official statement regarding the border infiltration events on April 30, 2026?
(a) Ministry of Interior
(b) Inter-Services Public Relations
(c) National Counter Terrorism Authority
(d) Frontier Corps Command
Explanation: The Inter-Services Public Relations (ISPR) is the media affairs wing of the Pakistan Armed Forces responsible for issuing official statements regarding military operations and security incidents. [Source: https://www.dawn.com/news/1996454/13-terrorists-killed-as-bids-to-infiltrate-pak-afghan-border-in-kp-foiled-ispr, 30 Apr 2026]
#1957
Consider the following statements about the security operations reported on April 30, 2026: 1. The operations resulted in the death of 13 terrorists. 2. The engagements took place in the Mohmand and North Waziristan districts. 3. The ISPR claimed that the Afghan Taliban regime has successfully secured the border on their side. 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 based on the ISPR report. Statement 3 is incorrect because the ISPR explicitly stated that the Afghan Taliban regime has failed to ensure effective border management. [Source: https://www.dawn.com/news/1996454/13-terrorists-killed-as-bids-to-infiltrate-pak-afghan-border-in-kp-foiled-ispr, 30 Apr 2026]
#1958
Consider the following statements about the geopolitical situation in April 2026: 1. The US-Israeli conflict with Iran commenced in February 2026. 2. The United States prohibited Israel from further bombing in Lebanon. 3. The International Monetary Fund warned that a prolonged conflict could lead to a global recession. 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 conflict began on February 28, 2026, the US issued a prohibition on further Israeli bombing in Lebanon, and the IMF issued warnings regarding the impact of the conflict on global economic growth. [Source: https://www.dawn.com/news/1992627/iran-says-strait-of-hormuz-open-for-commercial-vessels-after-lebanon-deal, 17 Apr 2026]
#1959
Which international agreement did India unilaterally suspend following the Pahalgam attack in 2025?
(a) Simla Agreement
(b) Tashkent Declaration
(c) Lahore Declaration
(d) Indus Waters Treaty
Explanation: India suspended the Indus Waters Treaty as part of its aggressive measures against Pakistan. The other agreements listed are historical diplomatic frameworks that were not the primary target of this specific suspension. [Source: https://www.dawn.com/news/1994381/pakistan-rejects-indian-propaganda-on-pahalgam-attack-deplores-weaponisation-of-false-narrative, 23 Apr 2026]
#1960
Consider the following statements about the 2025 Pahalgam incident: 1. The attack primarily targeted tourists in the disputed Himalayan region. 2. It was the deadliest armed attack in the region since the year 2000. 3. India provided conclusive evidence linking Pakistan to the attack immediately after the incident. 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 based on the report. Statement 3 is incorrect because the report explicitly states that New Delhi blamed Pakistan without providing any evidence. [Source: https://www.dawn.com/news/1994381/pakistan-rejects-indian-propaganda-on-pahalgam-attack-deplores-weaponisation-of-false-narrative, 23 Apr 2026]