Pakistan Current Affairs MCQs – Set 24 - PrepWis
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Friday, August 28, 2026

Pakistan Current Affairs MCQs – Set 24

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?
A. Fitch Ratings
B. Moody's
C. S&P Global Ratings
D. DBRS Morningstar
Show Correct Answer
Correct Answer: B. Moody's
2. What outlook did Moody's maintain for Pakistan after upgrading its sovereign credit rating?
A. Positive
B. Negative
C. Stable
D. Developing
Show Correct Answer
Correct Answer: C. Stable
3. According to Moody's, approximately how much were Pakistan's foreign exchange reserves at the end of July 2026?
A. $12 billion
B. $14 billion
C. $17 billion
D. $20 billion
Show Correct Answer
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?
A. World Bank
B. Asian Development Bank
C. International Monetary Fund
D. Islamic Development Bank
Show Correct Answer
Correct Answer: C. International Monetary Fund
5. Which Pakistani minister said Pakistan was sitting on an estimated $7 trillion mineral resource potential?
A. Ahsan Iqbal
B. Muhammad Aurangzeb
C. Abdul Aleem Khan
D. Jam Kamal Khan
Show Correct Answer
Correct Answer: A. Ahsan Iqbal
6. What was identified as a major deterrent to international resource developers investing in Pakistan's mineral sector?
A. Lack of mineral deposits
B. Volatile political climate
C. Lack of ports
D. Shortage of electricity
Show Correct Answer
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?
A. Senate panel
B. National Assembly Finance Committee
C. Federal Board of Revenue
D. Economic Coordination Committee
Show Correct Answer
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?
A. China
B. Türkiye
C. Saudi Arabia
D. Iran
Show Correct Answer
Correct Answer: A. China
9. What problem did the Power Division and NEPRA identify regarding some imported-coal power producers?
A. Excessive gas consumption
B. Inefficient and costly coal procurement
C. Shortage of imported coal
D. Low electricity demand
Show Correct Answer
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?
A. 330 MW
B. 660 MW
C. 1,320 MW
D. 2,640 MW
Show Correct Answer
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?
A. $3.12
B. $5.12
C. $7.12
D. $9.12
Show Correct Answer
Correct Answer: C. $7.12
12. Which Pakistani province approved the five-year Billion Tree Plus Afforestation project?
A. Punjab
B. Sindh
C. Khyber Pakhtunkhwa
D. Balochistan
Show Correct Answer
Correct Answer: C. Khyber Pakhtunkhwa
13. What does the Billion Tree Plus project place greater emphasis on?
A. Urban road construction
B. Scientific forest restoration, climate adaptation and biodiversity conservation
C. Industrial development
D. Irrigation expansion
Show Correct Answer
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?
A. Lahore
B. Karachi
C. Peshawar
D. Islamabad
Show Correct Answer
Correct Answer: D. Islamabad
15. How much budget did the Capital Development Authority's board approve for Islamabad for fiscal year 2026–27?
A. Rs102 billion
B. Rs122 billion
C. Rs152 billion
D. Rs182 billion
Show Correct Answer
Correct Answer: C. Rs152 billion
16. How much of the CDA's approved Rs152 billion budget was earmarked for development works?
A. Rs92 billion
B. Rs102 billion
C. Rs112 billion
D. Rs122 billion
Show Correct Answer
Correct Answer: C. Rs112 billion
17. Which country was reported to be targeting $500 million in bilateral trade with Pakistan?
A. Bangladesh
B. Philippines
C. Malaysia
D. Indonesia
Show Correct Answer
Correct Answer: B. Philippines
18. What was the approximate existing bilateral trade volume between Pakistan and the Philippines mentioned in the August 2026 report?
A. $97 million
B. $147 million
C. $197 million
D. $297 million
Show Correct Answer
Correct Answer: C. $197 million
19. Which Pakistani authority extended the deadline for online registration of arms dealers' data to September 6, 2026?
A. Sindh Home Department
B. Punjab Home Department
C. Khyber Pakhtunkhwa Home Department
D. Balochistan Home Department
Show Correct Answer
Correct Answer: B. Punjab Home Department
20. What was the federal government's response to the deadlock over the Iran-Pakistan gas pipeline dispute?
A. It abandoned the project
B. It formed a high-powered body to address the dispute
C. It transferred the project to a private company
D. It cancelled the arbitration proceedings
Show Correct Answer
Correct Answer: B. It formed a high-powered body to address the dispute

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