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Current Affairs MCQs

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322 Questions
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Pakistan AffairsWorld AffairsEconomyInternational Organizations
Essential for CSS, PMS, FPSC, PPSC, NTS interviews and written examinations.
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61
Hard css fpsc

Which country's development bank KfW signed grant agreements with Pakistan's Ministry of Economic Affairs?

  • A France
  • B Germany
  • C Japan
  • D South Korea
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Correct Answer: Option B — Germany
Explanation: Germany's development bank KfW signed grant in aid agreements with Pakistan's Ministry of Economic Affairs supporting various development projects within the bilateral cooperation framework.
Submitted by: PaperMCQs
62
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Which international bank provided policy based loan support for Pakistan's Trade and Competitiveness Program?

  • A World Bank
  • B Asian Development Bank
  • C IsDB
  • D IMF
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Correct Answer: Option B — Asian Development Bank
Explanation: The Asian Development Bank provided a policy based loan agreement under the Trade and Competitiveness Program supporting Pakistan's efforts to improve trade facilitation and economic competitiveness.
Submitted by: PaperMCQs
63
Hard css fpsc

Which country's high level delegation discussed strengthening economic partnership with Pakistan in recent ministry of economic affairs meetings?

  • A Turkiye
  • B Iran
  • C Qatar
  • D Bangladesh
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Correct Answer: Option A — Turkiye
Explanation: Turkiye and Pakistan held a high level meeting to strengthen their economic partnership as reported by Pakistan's Ministry of Economic Affairs reflecting deepening bilateral trade ties.
Submitted by: PaperMCQs
64
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Which Pakistani fund supports development cooperation projects with South Korea according to recent EDCF discussions?

  • A Economic Development Cooperation Fund
  • B Korea Pakistan Friendship Fund
  • C Asian Infrastructure Fund
  • D Belt and Road Fund
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Correct Answer: Option A — Economic Development Cooperation Fund
Explanation: The Economic Development Cooperation Fund EDCF backed by South Korea's Exim Bank supports development cooperation projects in Pakistan under a mid term implementation plan through 2026.
Submitted by: PaperMCQs
65
Medium css fpsc ppsc

Which Pakistani institution is responsible for regulating microfinance banks and Islamic banking standards?

  • A State Bank of Pakistan
  • B SECP
  • C NEPRA
  • D FBR
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Correct Answer: Option A — State Bank of Pakistan
Explanation: The State Bank of Pakistan regulates microfinance institutions and sets Islamic banking standards alongside its core responsibilities over monetary policy and overall financial sector stability.
Submitted by: PaperMCQs
66
Medium css fpsc ppsc

Which body is responsible for fixing minimum support prices for major crops in Pakistan?

  • A Economic Coordination Committee
  • B National Assembly
  • C Council of Common Interests
  • D Ministry of Commerce
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Correct Answer: Option A — Economic Coordination Committee
Explanation: The Economic Coordination Committee ECC of the Cabinet is primarily responsible for approving minimum support prices for major crops such as wheat and sugarcane in Pakistan.
Submitted by: PaperMCQs
67
Medium css pms fpsc ppsc

Which constitutional body resolves disputes between the federation and provinces over shared subjects in Pakistan?

  • A Council of Common Interests
  • B Senate
  • C National Assembly
  • D Supreme Judicial Council
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Correct Answer: Option A — Council of Common Interests
Explanation: The Council of Common Interests CCI resolves disputes and formulates policy on subjects of common interest between the federal government and provinces under the constitution.
Submitted by: PaperMCQs
68
Medium css pms fpsc ppsc

Which body within Pakistan's federal structure determines the distribution of financial resources between federal and provincial governments?

  • A National Finance Commission
  • B Council of Common Interests
  • C Senate Finance Committee
  • D Planning Commission
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Correct Answer: Option A — National Finance Commission
Explanation: The National Finance Commission NFC determines the formula for distributing financial resources between the federal government and the provinces a recurring constitutional and economic topic.
Submitted by: PaperMCQs
69
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Which Pakistani province also runs its own open data initiative as referenced in recent governance current affairs?

  • A Sindh
  • B Punjab
  • C Khyber Pakhtunkhwa
  • D Balochistan
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Correct Answer: Option C — Khyber Pakhtunkhwa
Explanation: Khyber Pakhtunkhwa's Open Data initiative provides public access to provincial government datasets supporting transparency efforts similar to the federal Open Data Pakistan platform.
Submitted by: PaperMCQs
70
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Which Pakistani institution issues open government data initiatives referenced in 2026 governance reforms?

  • A Open Data Pakistan
  • B NADRA Open Portal
  • C Digital Pakistan Vision
  • D e-Governance Authority
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Correct Answer: Option A — Open Data Pakistan
Explanation: Open Data Pakistan is a government initiative providing public access to datasets across various sectors supporting transparency and evidence based policymaking within federal governance reforms.
Submitted by: PaperMCQs
71
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Which body oversees food security and agricultural research policy at the federal level in Pakistan?

  • A Ministry of National Food Security and Research
  • B Ministry of Agriculture
  • C Ministry of Climate Change
  • D Ministry of Industries
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Correct Answer: Option A — Ministry of National Food Security and Research
Explanation: The Ministry of National Food Security and Research is responsible for agricultural policy food security planning and coordinating research initiatives to boost crop productivity nationwide.
Submitted by: PaperMCQs
72
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Which ministry oversees information technology and telecommunication policy in Pakistan's federal government?

  • A Ministry of IT and Telecommunication
  • B Ministry of Science and Technology
  • C Ministry of Communications
  • D Ministry of Information
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Correct Answer: Option A — Ministry of IT and Telecommunication
Explanation: The Ministry of Information Technology and Telecommunication formulates national IT policy regulates telecom infrastructure and promotes digital economic growth across Pakistan.
Submitted by: PaperMCQs
73
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Which Pakistani institution is responsible for planning and implementing national development projects?

  • A Ministry of Planning Development and Special Initiatives
  • B Ministry of Finance
  • C Economic Affairs Division
  • D Board of Investment
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Correct Answer: Option A — Ministry of Planning Development and Special Initiatives
Explanation: The Ministry of Planning Development and Special Initiatives is responsible for formulating and coordinating national development plans and major public sector infrastructure projects in Pakistan.
Submitted by: PaperMCQs
74
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Which ministry's portfolio change was notified following ministry mergers in recent cabinet restructuring?

  • A Ministry of Interior
  • B Various federal ministries redesignated
  • C Ministry of Defence
  • D Ministry of Religious Affairs
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Correct Answer: Option B — Various federal ministries redesignated
Explanation: Following the merger of certain ministries the Prime Minister re-designated portfolios of various federal ministers under Rules of Business 1973 to streamline government structure and functions.
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75
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Which major regional grouping's meeting led the government to declare holidays in Islamabad and Rawalpindi?

  • A SAARC
  • B SCO meeting
  • C BRICS Summit
  • D G20 Summit
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Correct Answer: Option B — SCO meeting
Explanation: The Prime Minister declared holidays in Islamabad and Rawalpindi for the smooth conduct of a Shanghai Cooperation Organisation SCO meeting reflecting Pakistan's hosting responsibilities.
Submitted by: PaperMCQs
76
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Which special representative role was given to Ambassador Muhammad Sadiq within the PM's office?

  • A Special Representative on Afghanistan
  • B Special Representative on Kashmir
  • C Special Representative on China
  • D Special Representative on Iran
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Correct Answer: Option A — Special Representative on Afghanistan
Explanation: Ambassador Retd Muhammad Sadiq was appointed Special Assistant to the Prime Minister continuing in his role as Special Representative of Pakistan on Afghanistan affairs.
Submitted by: PaperMCQs
77
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Who was appointed as Coordinator to the Prime Minister on National Health Services in recent cabinet announcements?

  • A Dr Zafar Mirza
  • B Dr Malik Mukhtar Ahmad Bharath
  • C Dr Faisal Sultan
  • D Dr Nausheen Hamid
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Correct Answer: Option B — Dr Malik Mukhtar Ahmad Bharath
Explanation: Dr Malik Mukhtar Ahmad Bharath MNA was appointed Coordinator to the Prime Minister on National Health Services Regulations and Coordination reflecting continued focus on healthcare governance.
Submitted by: PaperMCQs
78
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Which Pakistani city's port authority froze a proposed tariff hike in 2026 following the Maritime Minister's intervention?

  • A Gwadar Port
  • B Karachi Port Trust
  • C Port Qasim
  • D Bin Qasim Port
Permalink
Correct Answer: Option B — Karachi Port Trust
Explanation: Federal Minister for Maritime Affairs froze a proposed 5 percent tariff increase at the Karachi Port Trust in 2026 to protect trade competitiveness and ease cost pressures on exporters.
Submitted by: PaperMCQs
79
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Which international financial institution discussed a Country Partnership Framework with Pakistan's Finance Minister?

  • A Asian Development Bank
  • B World Bank
  • C IMF
  • D IsDB
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Correct Answer: Option B — World Bank
Explanation: Pakistan's Finance Minister held discussions with the World Bank on investment reforms and job creation under the Country Partnership Framework reflecting ongoing development cooperation in 2026.
Submitted by: PaperMCQs
80
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Which federal department invited Grade 20 and 21 Customs officers to apply for overseas economic minister roles in 2026?

  • A Ministry of Commerce
  • B Federal Board of Revenue
  • C State Bank of Pakistan
  • D Ministry of Finance
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Correct Answer: Option B — Federal Board of Revenue
Explanation: The Federal Board of Revenue invited applications from senior Grade 20 and 21 Pakistan Customs officers for overseas economic minister postings as part of the 2026 economic diplomacy drive.
Submitted by: PaperMCQs