CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
According to Moody’s projections, Pakistan’s foreign exchange reserves could reach approximately how much by the end of FY2027?
A. $10–11bn
B. $14–15bn
C. $19–20bn
D. $25–26bn
Correct Answer: C
Moody’s projected reserves of about $19–20 billion by end-FY27, conditional on continued IMF-programme progress.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Moody’s recently upgraded Pakistan’s sovereign credit rating to:
A. B1
B. B2
C. B3
D. Caa2
Correct Answer: C
Moody’s upgraded Pakistan from Caa1 to B3 while maintaining a stable outlook, citing improvements in governance, external position and fiscal metrics.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
China’s CXMT is set to supply which type of memory for Xiaomi’s upcoming 18 Fold smartphone?
A. DDR4
B. HBM3
C. LPDDR6
D. GDDR5
Correct Answer: C
ChangXin Memory Technologies (CXMT) announced that its advanced LPDDR6 DRAM would be supplied for Xiaomi’s upcoming 18 Fold smartphone.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Anthropic’s newly unveiled framework designed to let AI agents operate physical laboratory and industrial devices is called:
A. Agent Device Protocol
B. Model Hardware Standard
C. Claude Robotics Network
D. Universal Machine Interface
Correct Answer: B
Anthropic introduced the Model Hardware Standard (MHS), a framework intended to let AI agents safely operate programmable laboratory and manufacturing devices.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
SK Hynix plans to begin mass production of which next-generation AI memory chips at its Indiana facility?
A. DDR3
B. LPDDR4
C. HBM4E
D. NAND-2
Correct Answer: C
SK Hynix plans to begin volume production of HBM4E high-bandwidth memory chips at its Indiana facility in the third quarter of 2029.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which two South Korean companies are major beneficiaries of the current AI-memory-chip boom?
A. Hyundai and Kia
B. Samsung Electronics and SK Hynix
C. LG and Hyundai
D. Naver and Kakao
Correct Answer: B
Samsung Electronics and SK Hynix are major South Korean memory-chip manufacturers benefiting from rising semiconductor demand linked to AI investment.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
South Korea’s strong August export performance is being driven particularly by global demand for:
A. Crude oil
B. Agricultural machinery
C. AI-related semiconductor chips
D. Steel
Correct Answer: C
South Korea’s export growth is being supported by strong global demand for semiconductors, particularly memory chips benefiting from the AI investment boom.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which natural phenomenon may have triggered the deadly flash flood near Nepal’s border with Tibet?
A. Volcanic eruption
B. Glacier collapse
C. Tsunami
D. Tornado
Correct Answer: B
Satellite analysis indicated that a glacier or ice-rock collapse may have triggered the catastrophic Himalayan flash flood near the Nepal–Tibet border.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which strategically important waterway remains central to the Iran crisis and global energy shipping concerns?
A. Strait of Malacca
B. Bab el-Mandeb
C. Strait of Hormuz
D. Bosporus Strait
Correct Answer: C
The Strait of Hormuz is a critical global energy shipping route and remains central to the Iran conflict and regional diplomacy.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Pakistan has recently been involved in mediation efforts concerning tensions between Iran and:
A. Russia
B. United States
C. China
D. Afghanistan
Correct Answer: B
Pakistan has been involved in diplomatic efforts aimed at de-escalating the Iran–United States conflict and facilitating a negotiated settlement.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which South Asian country has said it would positively consider joining the Makkah defence arrangement if invited?
A. Sri Lanka
B. Nepal
C. Maldives
D. Bangladesh
Correct Answer: D
Bangladesh’s foreign minister said the country would positively consider joining the Makkah Joint Defence Agreement if formally invited by its current members.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
The Makkah Joint Defence Agreement broadly follows the collective-defence principle associated with which NATO article?
A. Article 2
B. Article 4
C. Article 5
D. Article 10
Correct Answer: C
The agreement’s principle that an armed attack against one member is considered an attack against all resembles the collective-defence concept contained in NATO Article 5.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which three countries are parties to the Makkah Joint Defence Agreement?
A. Pakistan, Iran and Türkiye
B. Pakistan, Saudi Arabia and Türkiye
C. Pakistan, Qatar and Saudi Arabia
D. Türkiye, Egypt and Pakistan
Correct Answer: B
Pakistan, Saudi Arabia and Türkiye signed the Makkah Joint Defence Agreement on August 7, 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
The Indus Waters Treaty primarily governs water sharing between:
A. Pakistan and Afghanistan
B. Pakistan and China
C. Pakistan and India
D. India and Bangladesh
Correct Answer: C
The Indus Waters Treaty is the principal water-sharing framework between Pakistan and India.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Pakistan recently warned against the “weaponisation” of which bilateral treaty?
A. Simla Agreement
B. Indus Waters Treaty
C. Tashkent Declaration
D. Lahore Declaration
Correct Answer: B
Deputy Prime Minister and Foreign Minister Ishaq Dar warned against attempts to weaponise the Indus Waters Treaty and stressed Pakistan’s treaty rights.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Pakistan’s total bilateral trade with the five Central Asian states fell to approximately:
A. $119.1 million
B. $219.1 million
C. $319.1 million
D. $443.7 million
Correct Answer: B
Pakistan’s bilateral trade with the five Central Asian Republics fell from about $443.7 million in FY2024-25 to approximately $219.1 million in FY2025-26.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Pakistan’s exports to five Central Asian Republics changed by approximately what percentage in FY2025-26?
A. Increased 14.1%
B. Decreased 4.1%
C. Increased 4.1%
D. Decreased 14.1%
Correct Answer: B
Pakistan’s exports to Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan declined by 4.10% year-on-year in FY2025-26.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
What was Pakistan’s revised petrol price effective August 28, 2026?
A. Rs332.60/litre
B. Rs337.10/litre
C. Rs342.60/litre
D. Rs371.61/litre
Correct Answer: C
Petrol was reduced by Rs0.50 per litre, from Rs343.10 to Rs342.60 per litre, effective August 28, 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which instruments were used by SBP for its August 28, 2026 liquidity injection?
A. Treasury bills and Sukuk
B. Reverse Repo Purchase and Mudarabah-based OMO
C. Eurobonds and PIBs
D. Currency swaps only
Correct Answer: B
SBP used conventional Reverse Repo Purchase operations together with Shariah-compliant Mudarabah-based Open Market Operations.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
How much liquidity did the State Bank of Pakistan inject through its conventional and Shariah-compliant OMOs on August 28, 2026?
A. Rs5.24 trillion
B. Rs8.68 trillion
C. Rs10.12 trillion
D. Rs12.24 trillion
Correct Answer: D
The State Bank of Pakistan injected approximately Rs12,240.8 billion through conventional Reverse Repo Purchase and Shariah-compliant Mudarabah-based Open Market Operations.