March 2025 Edition
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March 2025 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#2001
Which of the following statements regarding the market performance in March 2026 is INCORRECT?
(a) Foreign corporates were net sellers of equities during the week.
(b) The KSE-100 index experienced a single-session decline of over 16,000 points on Monday.
(c) Cement despatches showed a year-on-year increase in February 2026.
(d) The rupee depreciated significantly against the dollar during the week.
Explanation: The rupee remained largely stable, appreciating marginally by 0.02 percent week-on-week. The other statements accurately reflect the market data provided for the period. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#2002
What was the closing value of the KSE-100 index at the end of the trading week ending on March 8, 2026?
(a) 145,210 points
(b) 157,496 points
(c) 162,305 points
(d) None of these
Explanation: The KSE-100 index closed at 157,496 points after a weekly decline of 6.3 percent. This decline was primarily attributed to investor panic regarding regional geopolitical instability. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#2003
According to the Economic Survey 2025-26, what was the total wheat production in Pakistan for FY26?
(a) 28.40 million tonnes
(b) 29.61 million tonnes
(c) 31.20 million tonnes
(d) None of these
Explanation: The Economic Survey 2025-26 reported that wheat production increased to 29.61 million tonnes in FY26, up from 28.40 million tonnes in the previous fiscal year. Option A represents the production figure for FY25, making it a plausible but incorrect distractor. [Source: https://www.dawn.com/news/2018192/private-sector-rejects-govt-wheat-import-plan, 25 Jul 2026]
#2004
Who is the current head of the Senate Standing Committee on Economic Affairs as of March 10, 2026?
(a) Senator Saifullah Abro
(b) Senator Syed Nazir Abbas
(c) Senator Ishaq Dar
(d) None of these
Explanation: Senator Saifullah Abro is the chairman of the Senate Standing Committee on Economic Affairs. Dr. Syed Nazir Abbas is the Secretary General of the Oil Companies Advisory Council (OCAC), not the committee chairman. [Source: https://www.dawn.com/news/1980379/senate-panel-to-expose-fuel-price-hike-beneficiaries, 10 Mar 2026]
#2005
Consider the following statements about the oil market developments on March 10, 2026: 1. US President Donald Trump suggested that the war in the Middle East could conclude in the near future. 2. The Islamic Revolutionary Guards Corps threatened to block oil exports from the region if attacks continued. 3. The Kremlin reported that Vladimir Putin shared proposals aimed at a quick settlement to the war. 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 report: Trump predicted a short-lived war, the IRGC issued threats regarding oil exports, and the Kremlin confirmed Putin's diplomatic proposals. [Source: https://www.dawn.com/news/1980481/oil-sinks-7pc-as-trump-predicts-middle-east-de-escalation, 10 Mar 2026]
#2006
Which organization announced a precautionary reduction in crude oil production on March 7, 2026?
(a) Saudi Aramco
(b) Kuwait Petroleum Corporation
(c) QatarEnergy
(d) None of these
Explanation: Kuwait Petroleum Corporation (KPC) officially announced the production cut as a risk management strategy amid regional tensions. Saudi Aramco and QatarEnergy are distinct national entities not involved in this specific announcement. [Source: https://www.dawn.com/news/1979510/kuwaits-national-oil-company-cuts-production-as-precaution-amid-iran-tensions, 07 Mar 2026]
#2007
Consider the following statements about the energy situation in the Middle East as of March 2026: 1. Kuwait Petroleum Corporation has permanently ceased all oil exports due to the conflict. 2. The Strait of Hormuz is identified as a critical point of concern for the safe passage of ships. 3. Qatar has declared force majeure on its gas exports.
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is false because the reduction is described as a 'precautionary' measure subject to review, not a permanent cessation. Statements 2 and 3 are factually accurate based on the reported events. [Source: https://www.dawn.com/news/1979510/kuwaits-national-oil-company-cuts-production-as-precaution-amid-iran-tensions, 07 Mar 2026]
#2008
Under the Strategic Mutual Defence Agreement signed in September 2025, how are attacks on Pakistan or Saudi Arabia to be treated?
(a) As a violation of the UN Charter only
(b) As a matter for the Arab League to resolve
(c) As an act of aggression against both nations
(d) As a localized conflict requiring neutral mediation
Explanation: The 2025 agreement establishes a framework where an attack on one signatory is considered an act of aggression against the other, reinforcing the deep security ties between Islamabad and Riyadh. [Source: https://www.dawn.com/news/2017517/islamabad-condemns-houthis-threats-to-riyadh-warns-against-targeting-pakistani-maritime-interests, 22 Jul 2026]
#2009
The primary surplus achieved by Pakistan during the period of July 2025 to April 2026 was:
(a) 3.5 percent of GDP
(b) 3.0 percent of GDP
(c) 2.5 percent of GDP
(d) 4.0 percent of GDP
Explanation: Effective expenditure management and revenue mobilization efforts enabled the government to achieve a primary surplus of 3.5 percent of GDP during the Jul-Apr period of the 2026 fiscal year. [Source: https://www.dawn.com/news/2011978/govt-expects-easing-inflationary-pressure-in-new-fiscal-year-following-reopening-of-strait-of-hormuz, 30 Jun 2026]
#2010
According to the Ministry of Finance, the current account recorded a surplus of how much during the period of July 2025 to May 2026?
(a) 155 million dollars
(b) 255 million dollars
(c) 355 million dollars
(d) None of these
Explanation: The external sector remained stable, with the current account recording a surplus of 255 million dollars during the Jul-May period of the 2026 fiscal year, supported by remittances and IT exports. [Source: https://www.dawn.com/news/2011978/govt-expects-easing-inflationary-pressure-in-new-fiscal-year-following-reopening-of-strait-of-hormuz, 30 Jun 2026]
#2011
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]
#2012
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]
#2013
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]
#2014
What was the name of the military operation conducted by Pakistan in response to Indian adventurism following the 2025 Pahalgam attack?
(a) Operation Zarb-e-Azb
(b) Operation Bunyanum Marsoos
(c) Operation Swift Retort
(d) None of these
Explanation: The Foreign Office explicitly referenced Operation Bunyanum Marsoos as the response to India's military actions in 2025. Other operations listed are either historical or unrelated to this specific timeline. [Source: https://www.dawn.com/news/1994381/pakistan-rejects-indian-propaganda-on-pahalgam-attack-deplores-weaponisation-of-false-narrative, 23 Apr 2026]
#2015
On March 11, 2026, which Iranian official stated that negotiations with the United States were no longer on the agenda?
(a) Mohammad Bagher Ghalibaf
(b) Abbas Araghchi
(c) Eyal Zamir
(d) None of these
Explanation: Abbas Araghchi, serving as the Iranian Foreign Minister, explicitly ruled out negotiations with the United States during an interview with PBS News. Mohammad Bagher Ghalibaf is the parliamentary speaker who focused on retaliatory threats rather than diplomatic agendas. [Source: https://www.dawn.com/news/1980759/iran-vows-to-keep-hormuz-strait-blocked-as-long-as-war-continues, 11 Mar 2026]
#2016
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]
#2017
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]
#2018
Which of the following is NOT identified as a potential economic impact of the Middle East conflict on Pakistan in the March 2026 report?
(a) Increased energy costs
(b) Immediate collapse of the banking sector
(c) Strain on remittance inflows
(d) Pressure on the exchange rate
Explanation: The report warns of inflation, import costs, and remittance strain, but it does not predict an immediate collapse of the banking sector. The other options are explicitly mentioned as risks to the external sector. [Source: https://www.dawn.com/news/1979649/external-sector-faces-instability-amid-middle-east-crisis, 08 Mar 2026]
#2019
According to the Planning Commission's March 2026 report, what percentage of Pakistan's total imports are accounted for by petroleum products?
(a) Nearly 10 percent
(b) Nearly 25 percent
(c) Nearly 40 percent
(d) None of these
Explanation: The report specifies that petroleum products constitute nearly one-quarter, or 25 percent, of Pakistan's total import bill. This high dependency makes the country particularly susceptible to global oil price volatility. [Source: https://www.dawn.com/news/1979649/external-sector-faces-instability-amid-middle-east-crisis, 08 Mar 2026]
#2020
Consider the following statements about Pakistan's economic situation as of March 2026: 1. The total remittance inflow for the first eight months of FY26 was 26.5 billion dollars. 2. Saudi Aramco has reportedly reduced its oil production to about half capacity due to the Strait of Hormuz blockage. 3. The government expects to receive 50 billion dollars in total remittances during the full fiscal year 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 factually accurate based on the report. Statement 3 is incorrect because the expected total for FY26 is 40 billion dollars, not 50 billion. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]