May 2026 Edition

May 2026 Current Affairs MCQs & Solutions

Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.

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#14561

What is the official slogan announced by the Iranian leadership for the year 2026?

(a) Global solidarity against the Zionist enemy
(b) Resistance economy in light of national unity and national security
(c) Strengthening the Resistance Front through regional integration
(d) Economic prosperity through international cooperation
Explanation: The Supreme Leader declared 'resistance economy in light of national unity and national security' as the guiding slogan for the year to counter economic warfare. Other options represent general policy themes but are not the official slogan. [Source: https://www.dawn.com/news/1984126/supreme-leader-mojtaba-denies-irans-role-in-attacks-in-oman-turkiye-dubs-them-false-flag-tactic, 20 Mar 2026]
#14562

Who is the current Supreme Leader of Iran as of March 20, 2026?

(a) Ali Khamenei
(b) Mojtaba Khamenei
(c) Ebrahim Raisi
(d) None of these
Explanation: Mojtaba Khamenei assumed the position of Supreme Leader following the assassination of his father, Ali Khamenei, on February 28, 2026. Ali Khamenei is the deceased predecessor, not the current leader. [Source: https://www.dawn.com/news/1984126/supreme-leader-mojtaba-denies-irans-role-in-attacks-in-oman-turkiye-dubs-them-false-flag-tactic, 20 Mar 2026]
#14563

Who is the new Supreme Leader of Iran as of March 2026?

(a) Ali Khamenei
(b) Mojtaba Khamenei
(c) Hassan Rouhani
(d) Ebrahim Raisi
Explanation: Mojtaba Khamenei was named the new Supreme Leader of Iran following the death of his father, Ali Khamenei. Ali Khamenei is the former leader, while the other names are not current holders of this position. [Source: https://www.dawn.com/news/1984191/trump-says-considering-winding-down-iran-war-but-rules-out-ceasefire, 21 Mar 2026]
#14564

Which two countries were specifically mentioned as providing uninterrupted crude oil supplies to Pakistan during the 2026 energy crisis?

(a) Kuwait and Oman
(b) Iran and Qatar
(c) Saudi Arabia and the United Arab Emirates
(d) Iraq and Azerbaijan
Explanation: The government secured crude oil supplies from Saudi Arabia and the United Arab Emirates through diplomatic channels to bypass regional maritime disruptions. These nations remain the primary partners in ensuring fuel supply continuity. [Source: https://www.dawn.com/news/1984252/scarcity-of-energy-pm-shehbaz-urges-nation-govt-to-display-responsible-attitude, 21 Mar 2026]
#14565

Who currently serves as the Federal Minister for Petroleum in Pakistan as of March 21, 2026?

(a) Ishaq Dar
(b) Ali Pervaiz Malik
(c) Attaullah Tarar
(d) None of these
Explanation: Ali Pervaiz Malik is the Petroleum Minister who addressed the press conference regarding energy scarcity on March 21, 2026. Ishaq Dar serves as the Deputy Prime Minister and Foreign Minister, while Attaullah Tarar is the Information Minister. [Source: https://www.dawn.com/news/1984252/scarcity-of-energy-pm-shehbaz-urges-nation-govt-to-display-responsible-attitude, 21 Mar 2026]
#14566

Which maritime chokepoint is the primary focus of the US request for naval escort operations in 2026?

(a) Strait of Malacca
(b) Strait of Hormuz
(c) Bab-el-Mandeb Strait
(d) Suez Canal
Explanation: The Strait of Hormuz is the critical waterway mentioned in the context of US efforts to secure shipping lanes during the conflict with Iran. Other options are major global chokepoints but are not the subject of this specific diplomatic dispute. [Source: https://www.dawn.com/news/1983125/trump-blasts-foolish-nato-on-iran-says-us-needs-no-help-after-allies-rebuff-call-for-help-on-hormuz, 17 Mar 2026]
#14567

Consider the following statements about the current geopolitical stance of Iran in 2026: 1. The Iranian leadership views the current regional conflict as an imposed war. 2. The Supreme Leader has accused Israel of using false flag tactics to create discord with neighbors. 3. Iran has officially accepted responsibility for all attacks occurring in Turkiye and Oman. 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 reflections of the Supreme Leader's recent public statements. Statement 3 is false because Iran has explicitly denied responsibility for the attacks in Turkiye and Oman. [Source: https://www.dawn.com/news/1984126/supreme-leader-mojtaba-denies-irans-role-in-attacks-in-oman-turkiye-dubs-them-false-flag-tactic, 20 Mar 2026]
#14568

Which of the following is NOT a measure suggested by the government to conserve energy in 2026?

(a) Increasing industrial electricity tariffs
(b) Promoting work from home
(c) Avoiding unnecessary travel
(d) Utilizing e-learning in universities
Explanation: The government suggested avoiding travel, working from home, and using e-learning to save fuel. Increasing industrial tariffs is a fiscal policy measure, not a conservation suggestion mentioned in the 2026 briefing. [Source: https://www.dawn.com/news/1984252/scarcity-of-energy-pm-shehbaz-urges-nation-govt-to-display-responsible-attitude, 21 Mar 2026]
#14569

Consider the following statements about the 2026 energy governance measures: 1. The government has prioritized protecting the weakest sections of society over general subsidies. 2. The Strait of Hormuz remains the primary route for current oil imports from Saudi Arabia. 3. The government has established a committee to hold daily review meetings regarding oil reserves. 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 government aims to divert resources to the weak strata. Statement 2 is incorrect because the Strait of Hormuz is closed, and oil is being sourced via the Red Sea and Fujairah. Statement 3 is correct as the Information Minister confirmed the formation of a committee for daily reviews. [Source: https://www.dawn.com/news/1984252/scarcity-of-energy-pm-shehbaz-urges-nation-govt-to-display-responsible-attitude, 21 Mar 2026]
#14570

Consider the following statements about the government's economic policy in March 2026: 1. The government decided to increase petroleum prices to offset the fiscal deficit. 2. The Prime Minister emphasized that austerity measures are being implemented at both federal and provincial levels. 3. The government is utilizing block allocations to absorb the impact of global price volatility. 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 incorrect because the government explicitly decided NOT to increase prices. Statements 2 and 3 are correct as they reflect the government's stated strategy of austerity and the use of emergency block allocations. [Source: https://www.dawn.com/news/1981713/pm-shehbaz-says-prices-of-petroleum-products-not-being-increased-despite-uptick-in-global-market, 13 Mar 2026]
#14571

On March 13, 2026, Prime Minister Shehbaz Sharif announced that the prices of which commodities would remain unchanged despite global market trends?

(a) Petroleum products
(b) Electricity tariffs
(c) Natural gas rates
(d) Wheat flour prices
Explanation: The Prime Minister decided against increasing petroleum prices to provide relief to the common man. This decision was made despite an uptick in global oil prices caused by regional tensions. [Source: https://www.dawn.com/news/1981713/pm-shehbaz-says-prices-of-petroleum-products-not-being-increased-despite-uptick-in-global-market, 13 Mar 2026]
#14572

Consider the following statements about the US-NATO relationship in 2026: 1. The US President described NATO as a 'one-way street' due to the lack of support for escort operations. 2. The US President claimed that the US military no longer requires assistance from NATO countries. 3. The US President confirmed that he has already finalized a plan to withdraw from the NATO alliance.

(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 reflections of the President's public statements regarding NATO's role and US military self-sufficiency. Statement 3 is incorrect because the President stated he had 'nothing currently in mind' regarding a change in the US relationship with NATO, despite suggesting it was something to think about. [Source: https://www.dawn.com/news/1983125/trump-blasts-foolish-nato-on-iran-says-us-needs-no-help-after-allies-rebuff-call-for-help-on-hormuz, 17 Mar 2026]
#14573

Who among the following was present at the meeting held on March 14, 2026, to review the implementation of austerity measures?

(a) Minister of Defence
(b) Chairman of the Federal Board of Revenue
(c) Governor of the State Bank of Pakistan
(d) None of these
Explanation: FBR Chairman Rashid Mahmood Langrial attended the meeting alongside the Finance and Petroleum ministers. The presence of the FBR head underscores the focus on revenue and fiscal management during the crisis. [Source: https://www.dawn.com/news/1982016/employees-of-soes-other-govt-supervised-bodies-to-face-5-30pc-salary-cut-as-part-of-austerity-measures-pmo, 14 Mar 2026]
#14574

Who led the PPP delegation during the pre-budget meeting with the Deputy Prime Minister on June 7, 2026?

(a) Asif Ali Zardari
(b) Murad Ali Shah
(c) Bilawal Bhutto-Zardari
(d) Sherry Rehman
Explanation: Bilawal Bhutto-Zardari led the PPP delegation in the meeting held at Zardari House. While other party members like Murad Ali Shah and Sherry Rehman were present, Bilawal served as the head of the delegation. [Source: https://www.dawn.com/news/2005897/ppp-shares-tax-related-reservations-in-pre-budget-meeting-with-dar-say-sources, 07 Jun 2026]
#14575

What was the percentage growth in mobile phone imports during the first nine months of the fiscal year 2026?

(a) 14.67 percent
(b) 19.61 percent
(c) 9.78 percent
(d) 27.84 percent
Explanation: Mobile phone imports grew by 27.84 percent to $1.444 billion during the first nine months of the fiscal year. The other percentages listed refer to specific valuation increases for individual phone models. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
#14576

Which of the following sectors was explicitly identified as having vast export potential during the meeting held on March 15, 2026?

(a) Textiles and garments
(b) Automobile manufacturing
(c) Information technology
(d) Meat and dairy
Explanation: The official briefing highlighted that Pakistan's agricultural sector, specifically including meat, poultry, dairy, and seafood, possesses significant export potential. Textiles and IT were not the focus of this food-security-centric meeting. [Source: https://www.dawn.com/news/1982358/pm-shehbaz-directs-formulation-of-strategy-for-exporting-surplus-food-items-to-gulf-countries, 15 Mar 2026]
#14577

Which Apple mobile phone models remained stable with no change in valuation between the January and April 2026 rulings?

(a) iPhone 15 Pro Max and iPhone 14
(b) iPhone 13 and iPhone 12 Pro
(c) iPhone XS Max and iPhone SE 3
(d) iPhone 11 and iPhone XR
Explanation: The iPhone XS Max and iPhone SE 3 were identified as the most stable models, showing no change in their customs valuation between the two rulings. Other models experienced varying degrees of upward revision. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
#14578

Which of the following is NOT a primary concern raised by the PPP during the pre-budget meetings in June 2026?

(a) The total exclusion of the Public Sector Development Programme from the budget
(b) The impact of fiscal measures on inflation-hit masses
(c) The need to expand the tax base rather than taxing the same classes
(d) The feasibility of provincial revenue targets set by the IMF
Explanation: The PPP discussed the Public Sector Development Programme (PSDP) as a priority for development spending, rather than calling for its exclusion. The other options accurately reflect the party's stated reservations regarding tax policy and IMF conditions. [Source: https://www.dawn.com/news/2005897/ppp-shares-tax-related-reservations-in-pre-budget-meeting-with-dar-say-sources, 07 Jun 2026]
#14579

Consider the following statements about the energy sector performance in June 2026: 1. The price of Regasified Liquefied Natural Gas (RLNG) nearly doubled compared to the same month in the previous year. 2. Nuclear power generation was identified as a zero-fuel-cost energy source. 3. The fuel cost for imported coal was significantly higher than the fuel cost for local coal.

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is correct as RLNG prices rose sharply. Statement 3 is correct as imported coal cost Rs16.65 per unit versus Rs11.5 per unit for local coal. Statement 2 is incorrect because nuclear power has a reported fuel cost of Rs2.85 per unit, unlike hydropower which is a zero-fuel-cost source. [Source: https://www.dawn.com/news/2016204/power-companies-seek-rs120-per-unit-fuel-cost-adjustment-for-august, 17 Jul 2026]
#14580

Which of the following statements regarding the 2026 mobile phone valuation revision is INCORRECT?

(a) The new ruling abolished the existing framework regarding six-month activation and freight adjustment.
(b) The revision process included a consultation meeting with relevant stakeholders held on April 13, 2026.
(c) The new valuation applies to imports of old and used mobile phones in commercial quantities.
(d) The revision aims to align assessed values for duty and tax purposes with prevailing market rates.
Explanation: The 2026 ruling did not abolish the existing framework; rather, it preserved the earlier regulatory requirements concerning six-month activation, higher declared value, and freight adjustment. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]