Pakistan Current Affairs MCQs – Set 24
1. Which global credit rating agency upgraded Pakistan's sovereign credit rating from Caa1 to B3 in August 2026?
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Correct Answer: B. Moody's
2. What outlook did Moody's maintain for Pakistan after upgrading its sovereign credit rating?
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Correct Answer: C. Stable
3. According to Moody's, approximately how much were Pakistan's foreign exchange reserves at the end of July 2026?
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Correct Answer: C. $17 billion
4. Which international financial institution's reform programme was cited by Moody's as supporting Pakistan's policy credibility and macroeconomic stabilisation?
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Correct Answer: C. International Monetary Fund
5. Which Pakistani minister said Pakistan was sitting on an estimated $7 trillion mineral resource potential?
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Correct Answer: A. Ahsan Iqbal
6. What was identified as a major deterrent to international resource developers investing in Pakistan's mineral sector?
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Correct Answer: B. Volatile political climate
7. Which Pakistani body reviewed the country's export performance, export promotion and trade representation in China on August 26, 2026?
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Correct Answer: A. Senate panel
8. Which country was the focus of discussion regarding Pakistan's trade representation and export promotion in the Senate panel's review?
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Correct Answer: A. China
9. What problem did the Power Division and NEPRA identify regarding some imported-coal power producers?
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Correct Answer: B. Inefficient and costly coal procurement
10. What was the capacity of the Jamshoro Power Plant involved in the recent competitive coal procurement example?
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Correct Answer: B. 660 MW
11. How much discount per tonne was reportedly obtained in the competitive coal supply bidding for the Jamshoro Power Plant?
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Correct Answer: C. $7.12
12. Which Pakistani province approved the five-year Billion Tree Plus Afforestation project?
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Correct Answer: C. Khyber Pakhtunkhwa
13. What does the Billion Tree Plus project place greater emphasis on?
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Correct Answer: B. Scientific forest restoration, climate adaptation and biodiversity conservation
14. Which Pakistani city was reported to rank 83rd globally in public safety among 401 cities?
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Correct Answer: D. Islamabad
15. How much budget did the Capital Development Authority's board approve for Islamabad for fiscal year 2026–27?
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Correct Answer: C. Rs152 billion
16. How much of the CDA's approved Rs152 billion budget was earmarked for development works?
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Correct Answer: C. Rs112 billion
17. Which country was reported to be targeting $500 million in bilateral trade with Pakistan?
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Correct Answer: B. Philippines
18. What was the approximate existing bilateral trade volume between Pakistan and the Philippines mentioned in the August 2026 report?
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Correct Answer: C. $197 million
19. Which Pakistani authority extended the deadline for online registration of arms dealers' data to September 6, 2026?
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Correct Answer: B. Punjab Home Department
20. What was the federal government's response to the deadlock over the Iran-Pakistan gas pipeline dispute?
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Correct Answer: B. It formed a high-powered body to address the dispute

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