Pakistan Current Affairs MCQs – Set 44 – IMF, Economy & National Reforms - PrepWis
Responsive Ads Here

Monday, October 12, 2026

Pakistan Current Affairs MCQs – Set 44 – IMF, Economy & National Reforms

Pakistan Current Affairs MCQs – Set 44

Test your knowledge with 20 current affairs MCQs covering Pakistan's economy, IMF programme, fuel subsidy, privatisation, foreign-exchange reserves, electricity costs, exports and international cooperation.

1. What economic growth rate has Pakistan projected for the current fiscal year, according to Finance Minister Muhammad Aurangzeb?

  • A. 2.7%
  • B. 3.0%
  • C. 3.7%
  • D. 4.0%
Show Answer
Correct Answer: D. 4.0%
The finance minister said Pakistan was targeting growth of around 4% in the current fiscal year, following 3.7% growth in the previous fiscal year.

2. How much does the Pakistani government aim to raise through the planned privatisation of five to six state-owned entities?

  • A. More than $250 million
  • B. More than $500 million
  • C. More than $1 billion
  • D. More than $5 billion
Show Answer
Correct Answer: C. More than $1 billion
The government plans to raise more than $1 billion through the proposed privatisation of five to six state-owned entities.

3. Which of the following is among the areas being considered for further privatisation or private-sector participation in Pakistan?

  • A. Power distribution companies
  • B. All public universities
  • C. All provincial hospitals
  • D. The entire judicial system
Show Answer
Correct Answer: A. Power distribution companies
Power distribution firms and airport operations are among the areas being considered as part of the government's privatisation agenda.

4. To what amount was Pakistan's export refinance limit increased, according to the finance minister?

  • A. Rs500 billion
  • B. Rs1 trillion
  • C. Rs1.25 trillion
  • D. Rs1.5 trillion
Show Answer
Correct Answer: D. Rs1.5 trillion
The export refinance limit was increased from Rs1 trillion to Rs1.5 trillion to support export-related financing.

5. What share of the expanded export refinance facility has been earmarked for small and medium-sized enterprises (SMEs)?

  • A. 10%
  • B. 15%
  • C. 20%
  • D. 30%
Show Answer
Correct Answer: C. 20%
Twenty per cent of the expanded export refinance facility has been earmarked for SMEs.

6. How much financing had been approved for small farmers under the collateral-free financing scheme discussed by the finance minister?

  • A. Rs2 billion
  • B. Rs4 billion
  • C. Rs6 billion
  • D. Rs10 billion
Show Answer
Correct Answer: C. Rs6 billion
The government had approved approximately Rs6 billion under the collateral-free financing scheme for small farmers.

7. How much had been disbursed to small farmers under that collateral-free financing scheme?

  • A. More than Rs500 million
  • B. More than Rs1 billion
  • C. More than Rs2 billion
  • D. More than Rs5 billion
Show Answer
Correct Answer: C. More than Rs2 billion
More than Rs2 billion had been disbursed to small farmers during the preceding seven to eight months.

8. How many people had directly benefited from Pakistan's fuel subsidy scheme by early October 2026?

  • A. More than 2 million
  • B. More than 5 million
  • C. More than 8 million
  • D. More than 10 million
Show Answer
Correct Answer: D. More than 10 million
The government reported that the number of direct beneficiaries of its fuel subsidy scheme had crossed 10 million.

9. What total amount did the government allocate for the fuel subsidy scheme?

  • A. Rs25 billion
  • B. Rs50 billion
  • C. Rs75 billion
  • D. Rs100 billion
Show Answer
Correct Answer: C. Rs75 billion
The government allocated Rs75 billion for the fuel relief scheme targeting eligible vehicle users.

10. Approximately how many fuel subsidy tokens had been issued by the government by October 9, 2026?

  • A. 9.7 million
  • B. 15.2 million
  • C. 19.4 million
  • D. 21.7 million
Show Answer
Correct Answer: D. 21.7 million
The prime minister reported that more than 21.7 million tokens had been issued under the fuel subsidy scheme.

11. Approximately how many fuel subsidy tokens had been redeemed to obtain subsidised fuel?

  • A. 9.4 million
  • B. 14.4 million
  • C. 19.4 million
  • D. 21.7 million
Show Answer
Correct Answer: C. 19.4 million
Of the more than 21.7 million tokens issued, approximately 19.4 million had been redeemed.

12. Which federal minister was recognised by the prime minister for her role in implementing the fuel subsidy scheme?

  • A. Shaza Fatima Khawaja
  • B. Marriyum Aurangzeb
  • C. Ahsan Iqbal
  • D. Musadik Masood Malik
Show Answer
Correct Answer: A. Shaza Fatima Khawaja
The prime minister announced a national award for Information Technology Minister Shaza Fatima Khawaja in recognition of her contribution to the scheme.

13. By how much did the State Bank of Pakistan's foreign-exchange reserves increase during the week ended October 2, 2026?

  • A. $5 million
  • B. $15 million
  • C. $27 million
  • D. $50 million
Show Answer
Correct Answer: B. $15 million
SBP reserves rose by $15 million to approximately $21.454 billion during the week ended October 2, 2026.

14. What were Pakistan's total liquid foreign-exchange reserves on October 2, 2026?

  • A. $21.454 billion
  • B. $23.797 billion
  • C. $26.797 billion
  • D. $30.797 billion
Show Answer
Correct Answer: C. $26.797 billion
Total liquid foreign-exchange reserves stood at approximately $26.797 billion, including holdings of the central bank and commercial banks.

15. How much did commercial banks hold in foreign-exchange reserves on October 2, 2026?

  • A. $3.343 billion
  • B. $5.344 billion
  • C. $6.797 billion
  • D. $8.453 billion
Show Answer
Correct Answer: B. $5.344 billion
Commercial banks held approximately $5.344 billion in foreign-exchange reserves during the reporting week.

16. What additional fuel cost adjustment per unit did NEPRA approve for electricity bills in October 2026?

  • A. Rs0.55
  • B. Rs1.11
  • C. Rs1.73
  • D. Rs2.10
Show Answer
Correct Answer: B. Rs1.11
NEPRA approved an additional fuel cost adjustment of approximately Rs1.11 per kilowatt-hour for August 2026 consumption, to be reflected in October bills.

17. What was the estimated total financial burden of the additional fuel cost adjustment approved for October electricity bills?

  • A. Rs4 billion
  • B. Rs8 billion
  • C. Rs16 billion
  • D. Rs25 billion
Show Answer
Correct Answer: C. Rs16 billion
The additional fuel cost adjustment was estimated to impose a burden of approximately Rs16 billion on covered electricity consumers.

18. Which two countries signed an agreement in October 2026 to strengthen cooperation against terrorism, narcotics trafficking and organised crime?

  • A. Pakistan and China
  • B. Pakistan and Türkiye
  • C. Pakistan and Iran
  • D. Pakistan and Malaysia
Show Answer
Correct Answer: B. Pakistan and Türkiye
Pakistan and Türkiye signed an agreement to enhance cooperation against terrorism, narcotics trafficking and organised crime.

19. Which mechanism did Pakistan and Türkiye agree to establish to strengthen cooperation between their interior ministries?

  • A. Joint Working Group
  • B. Permanent Trade Tribunal
  • C. Regional Currency Board
  • D. Joint Agricultural Council
Show Answer
Correct Answer: A. Joint Working Group
The two countries agreed to establish a Joint Working Group to strengthen collaboration between their interior ministries.

20. What global merchandise trade growth rate did the World Trade Organization forecast for 2026 in its October update?

  • A. 1.9%
  • B. 2.6%
  • C. 3.3%
  • D. 3.9%
Show Answer
Correct Answer: D. 3.9%
The WTO raised its forecast for global merchandise trade growth in 2026 to 3.9%, citing strong demand for AI-related goods among the contributing factors.

No comments:

Post a Comment