May 2025 Edition
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May 2025 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#2661
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]
#2662
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]
#2663
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]
#2664
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]
#2665
The IMF executive board meeting scheduled for May 8, 2026, is expected to approve a disbursement of approximately how much for Pakistan?
(a) $5.0 billion
(b) $2.5 billion
(c) $3.0 billion
(d) $1.2 billion
Explanation: The IMF board meeting in May 2026 is convened to approve a disbursement of more than $1.2 billion. This is a critical component of the ongoing structural adjustment program. [Source: https://www.dawn.com/news/1996451/govt-hikes-petrol-price-by-rs6-diesel-by-rs19, 30 Apr 2026]
#2666
Consider the following statements about the 2026 fuel price developments: 1. The global fuel crisis is partially attributed to the closure of the Strait of Hormuz. 2. The government has decided to cut public sector development programs to protect the primary balance target. 3. The All Pakistan Petrol Pump Owners Association supported the strike calls for 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: Statement 1 is correct as the Strait of Hormuz closure is a factor in the global fuel crisis. Statement 2 is correct as the government indicated that further cuts to development programs might be required to meet the primary balance. Statement 3 is incorrect because the association explicitly refuted the strike rumors. [Source: https://www.dawn.com/news/1996451/govt-hikes-petrol-price-by-rs6-diesel-by-rs19, 30 Apr 2026]
#2667
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]
#2668
Consider the following statements about the BPS-2026 notification: 1. The new pay scales apply to federal civil employees paid from both civil and defence estimates. 2. Employees posted abroad are eligible to receive the Ad hoc Relief Allowance-2026 during their foreign tenure. 3. The 2022 and 2025 ad hoc relief allowances were abolished upon the implementation of the new scales. 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 notification covers both civil and defence estimates. Statement 3 is correct as the 2022 and 2025 allowances were merged and abolished. Statement 2 is incorrect because employees posted abroad are explicitly excluded from receiving the allowance during their foreign posting. [Source: https://www.brecorder.com/news/40431195/salary-increase-notified-govt-issues-revised-bps-2026-for-civil-servants, 22 Jul 2026]
#2669
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]
#2670
Consider the following statements about the fuel price situation in 2026: 1. The government reduced petrol prices for two consecutive weeks in May 2026. 2. The global fuel crunch was exacerbated by the conflict involving Iran. 3. The Petroleum Minister announced an increase in fuel prices on April 2, 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 factually accurate based on the provided information regarding the 2026 fuel price trends and the geopolitical context of the energy crisis. [Source: https://www.dawn.com/news/2002321/govt-reduces-petrol-by-rs6-per-litre-high-speed-diesel-by-rs68, 22 May 2026]
#2671
On May 14, 2026, where did the PPP Chairman chair a parliamentary party meeting?
(a) Aiwan-i-Sadr
(b) Parliament House
(c) Prime Minister House
(d) None of these
Explanation: Bilawal Bhutto-Zardari held the parliamentary party meeting at the Parliament House in Islamabad on May 14, 2026. Aiwan-i-Sadr is the official residence of the President and was not the venue for this specific party meeting. [Source: https://www.dawn.com/news/2000262/govt-has-not-contacted-ppp-over-any-constitutional-amendment-bilawal, 14 May 2026]
#2672
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]
#2673
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]
#2674
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]
#2675
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]
#2676
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]
#2677
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]
#2678
Consider the following statements about the Cockroach Janta Party (CJP) movement: 1. The movement was launched in May 2026. 2. The movement initially focused exclusively on unemployment issues. 3. The movement organized protests in New Delhi near the Jantar Mantar site. 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 movement began in May 2026. Statement 2 is incorrect because the movement initially focused on exam paper leaks and judicial remarks, only later broadening its agenda to include unemployment. Statement 3 is correct as Jantar Mantar was the site of the march toward parliament. [Source: https://www.dawn.com/news/2018741/indias-cockroach-janta-party-demands-release-of-protesters-after-reports-of-detention, 27 Jul 2026]
#2679
Following the price revision on May 15, 2026, what is the new price of petrol per litre in Pakistan?
(a) Rs378.00
(b) Rs415.50
(c) Rs409.78
(d) Rs420.25
Explanation: According to the official notification, the price of petrol was set at Rs409.78 per litre following the Rs5 reduction. Rs378.00 was a previous price point mentioned in the context of earlier fiscal adjustments. [Source: https://www.dawn.com/news/2000498/govt-reduces-petrol-diesel-prices-by-rs5, 15 May 2026]
#2680
Consider the following statements about the current tomato supply chain in Pakistan: 1. The Balochistan crop is currently the primary source of domestic supply. 2. Iranian tomatoes are arriving in large quantities, exceeding 50 containers per day. 3. The tomato crop in Punjab and Khyber Pakhtunkhwa typically arrives in the May-June period. 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 Balochistan is the current supplier. Statement 3 is correct regarding the seasonal arrival of crops in Punjab and KP. Statement 2 is incorrect because imports are arriving in very small quantities, averaging only 10 containers per day. [Source: https://www.dawn.com/news/2017429/iranian-tomatoes-fail-to-ease-prices, 22 Jul 2026]