May 2026 Current Affairs MCQs & Solutions

Explanation: Dr. Hassan Waqar Cheema served as the Deputy Commissioner of Rawalpindi and confirmed the government's decision to declare a public holiday. Syed Khalid Hamdani is the City Police Officer (CPO) who supervised the security operations. [Source: https://www.dawn.com/news/1990590/public-holiday-extended-in-pindi-markets-fuel-stations-along-key-roads-closed, 11 Apr 2026]

Explanation: All three statements are factually accurate based on the administrative orders issued during the event. The administration observed April 9 and 10 as holidays and extended them, bus terminals were closed for two days, and the IGP Punjab oversaw the security operations. [Source: https://www.dawn.com/news/1990590/public-holiday-extended-in-pindi-markets-fuel-stations-along-key-roads-closed, 11 Apr 2026]

Explanation: The regional elections in AJK were scheduled for July 27, 2026, as stated during the rally held on July 19, 2026. None of the other dates provided correspond to the election schedule mentioned. [Source: https://www.dawn.com/news/2016735/bilawal-seeks-better-results-in-upcoming-ajk-elections-as-ppp-hopes-to-form-govt, 19 Jul 2026]

Explanation: Hafiz Naeemur Rehman is the current emir of Jamaat-i-Islami who addressed the press conference at Mansoorah regarding the protest campaign. Sirajul Haq is a former emir, making him an incorrect choice. [Source: https://www.dawn.com/news/2017280/jamaat-i-islami-announces-nationwide-road-blockade-against-petroleum-levy, 21 Jul 2026]

Explanation: Statement 1 is correct as the embassy confirmed the request. Statement 2 is incorrect because the US Treasury declined to comment on the specific request. Statement 3 is correct as the embassy readout highlighted road-to-market strategies and improved access to capital markets. [Source: https://www.dawn.com/news/2017402/aurangzeb-seeks-10bn-support-facility-from-us, 22 Jul 2026]

Explanation: The request made by the Finance Minister to the US Treasury is for a $10 billion facility. Other figures are incorrect as they do not align with the official request reported. [Source: https://www.dawn.com/news/2017402/aurangzeb-seeks-10bn-support-facility-from-us, 22 Jul 2026]

Explanation: John Ternus, a hardware veteran, is the designated successor to Tim Cook. The transition is scheduled for September 2026, marking a significant leadership change for the company. [Source: https://www.dawn.com/news/2016222/apple-closes-in-on-nvidia-in-race-for-worlds-most-valuable-company, 17 Jul 2026]

Explanation: All three statements are factually correct based on the address: the PPP has been in the AJK government for six months, the Chairman proposed representation in the National Finance Commission, and the party is part of the federal coalition led by Shehbaz Sharif. [Source: https://www.dawn.com/news/2016735/bilawal-seeks-better-results-in-upcoming-ajk-elections-as-ppp-hopes-to-form-govt, 19 Jul 2026]

Explanation: All three statements are factually accurate based on the event details. The LCCI awards provided the venue for the announcement, Punjab is leading in AI initiatives, and freelancers are officially recognized as digital ambassadors contributing to foreign exchange reserves. [Source: https://www.dawn.com/news/2016952/china-to-train-03m-pakistani-youths-in-digital-skills-annually-says-ahsan-iqbal, 20 Jul 2026]

Explanation: Statement 1 is correct as the APPPOA explicitly rejected the daily pricing. Statement 2 is correct as the Petroleum Division issued a statement claiming success with the PPDA. Statement 3 is incorrect because the PPDA delegation explicitly informed Ogra that they were not authorized to make a strike decision and needed to consult their executive committee. [Source: https://www.dawn.com/news/2017314/petrol-pump-owners-announce-nationwide-strike-after-talks-with-govt-over-daily-pricing-fail, 22 Jul 2026]

Explanation: Ali Pervaiz Malik is the Petroleum Minister who led the government's team during the negotiations. Humayun Khan and Nauman Ali Butt are representatives of the APPPOA, while Malik Khuda Bukhsh is associated with the PPDA. [Source: https://www.dawn.com/news/2017314/petrol-pump-owners-announce-nationwide-strike-after-talks-with-govt-over-daily-pricing-fail, 22 Jul 2026]

Explanation: Statement 1 is incorrect as the BoP President advocated for a 'Welfare GDP' framework to address developmental economics, not specific agricultural cooperation with New Zealand. Statement 2 accurately reflects the KP Assembly's legislative action. Statement 3 accurately describes the economic indicators reported regarding inflation. [Source: https://www.dawn.com/news/2021370/bank-of-punjab-chief-seeks-welfare-gdp]

Explanation: Statement 1 is correct (ECC approved 13bn for PTV). Statement 2 is incorrect, as the Islamabad High Court actually suspended the order regarding the disclosure of cricketers' salaries. Statement 3 is correct regarding the restructuring of SNGPL and SSGCL into five entities. [Source: https://www.dawn.com/news/2020697/economic-coordination-committee-approves-rs13bn-lifeline-for-struggling-ptv]

Explanation: These administrative and judicial actions were reported on the same day; however, internal reporting sequences for public interest notifications often follow institutional hierarchy and time-stamping of orders provided by respective departments. [Source: https://www.dawn.com/news/2020762/lhc-disposes-of-pti-petition-for-rally-at-minar-i-pakistan-after-dc-refuses-permission]

Explanation: The order reflects the administrative progression of educational and sporting institutional developments: the inauguration of the AI lab (SSUET), the agricultural partnership (Sindh/Ruhuna universities), the appointment of the national batting coach (Michael Smith), and the regulatory warning issued by the PCB regarding unsanctioned leagues. [Source: https://www.brecorder.com/news/40433354/nehal-inaugurates-ai-lab-at-ssuet]

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]

Explanation: $25.3 billion is the figure reported for foreign reserves as of the end of the month preceding the July 2026 announcement. $6.7 billion was the multi-year low recorded in December 2022. [Source: https://www.dawn.com/news/2017530/sampp-global-ratings-upgrades-pakistans-sovereign-credit-rating-to-b, 22 Jul 2026]

Explanation: Statement 1 is correct as the EFF was vital for stability. Statement 3 is correct regarding the $16.4 billion payment obligation. Statement 2 is incorrect because the short-term rating remained steady at 'B', not downgraded. [Source: https://www.dawn.com/news/2017530/sampp-global-ratings-upgrades-pakistans-sovereign-credit-rating-to-b, 22 Jul 2026]

Explanation: The government has officially targeted a GDP growth rate of 4 percent for the fiscal year 2026-27. While 3.6 percent is the fiscal deficit target and 8.2 percent is the inflation projection, 4 percent is the specific growth target. [Source: https://www.dawn.com/news/2007283/govt-unveils-rs188tr-budget-for-fy2026-27-gdp-growth-targeted-at-4pc, 12 Jun 2026]

Explanation: Statements 1 and 2 are correct as the government levies climate support charges and relies on petrol and HSD for revenue. Statement 3 is incorrect because the government currently revises these prices on a weekly basis, not monthly. [Source: https://www.dawn.com/news/2007376/govt-slashes-petrol-price-by-rs4-diesel-by-rs2, 12 Jun 2026]