CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
The FY25 GDP growth comparison cited alongside the FY26 estimate was:
A. 1.9 percent
B. 3.2 percent
C. 3.7 percent
D. 5.9 percent
Correct Answer: B
The June policy review contrasted FY26's 3.7 percent with about 3.2 percent in FY25.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
The provisional real GDP growth estimate for FY26 cited in June was:
A. 3.7 percent
B. 2.0 percent
C. 3.2 percent
D. 5.0 percent
Correct Answer: A
The June policy review cited provisional FY26 GDP growth of 3.7 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
SBP FX reserves as of June 5, 2026 were approximately:
A. US$14.5 billion
B. US$15.8 billion
C. US$20.2 billion
D. US$17.2 billion
Correct Answer: D
The June MPC said reserves had risen to around $17.2 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
The cumulative current-account deficit during July–April FY26 was approximately:
A. US$2 billion
B. US$1.1 billion
C. US$0.2 billion
D. US$3.5 billion
Correct Answer: C
The June statement reported a cumulative deficit of only $0.2 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Pakistan's current account in April 2026 recorded a deficit of approximately:
A. US$0.3 billion surplus
B. US$0.3 billion
C. US$1.1 billion deficit
D. US$3 billion surplus
Correct Answer: B
The current account turned into a $0.3 billion deficit in April.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
The June MPC attributed part of the inflation surge to an unexpected rise in:
A. Wheat and wheat-product prices
B. Gold production
C. Telecom licenses
D. Property-transfer fees only
Correct Answer: A
The June statement identified an unanticipated surge in wheat and related product prices.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Core inflation in May 2026 was:
A. 7.3 percent
B. 8.2 percent
C. 11.7 percent
D. 8.7 percent
Correct Answer: D
Core inflation increased further to 8.7 percent in May.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Core inflation in April 2026 was:
A. 7.3 percent
B. 8.7 percent
C. 8.2 percent
D. 10.9 percent
Correct Answer: C
Core inflation increased to 8.2 percent in April.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Headline inflation in May 2026 rose further to:
A. 8.7 percent
B. 11.7 percent y/y
C. 10.9 percent
D. 14.3 percent
Correct Answer: B
The June statement reported May inflation of 11.7 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Headline inflation in April 2026 rose to:
A. 10.9 percent y/y
B. 7.3 percent
C. 8.2 percent
D. 11.7 percent
Correct Answer: A
The June statement reported a sharp rise to 10.9 percent in April.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
The April rate hike aimed to anchor:
A. Exchange-company licenses
B. Stock-market valuations
C. Agricultural land prices
D. Inflation expectations
Correct Answer: D
The tighter stance was intended to keep inflation expectations anchored and limit second-round effects.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Which global development was the main reason for the April 2026 rate hike?
A. A fall in literacy
B. A domestic census
C. Prolonged Middle East conflict and associated energy/supply shock
D. A change in election law
Correct Answer: C
The MPC cited elevated energy prices, freight charges, insurance premiums and supply disruptions linked to the Middle East conflict.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
The April MPC expected inflation to remain above the 5–7% target upper bound for:
A. Only one day
B. Most of FY27
C. All of FY25
D. No part of FY27
Correct Answer: B
The April assessment anticipated inflation above the upper bound for most of FY27.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
The April 2026 MPC expected inflation to:
A. Reach double-digit levels before gradually easing
B. Immediately fall below 2 percent
C. Remain fixed at 7.3 percent
D. Become permanently negative
Correct Answer: A
The supply shock was expected to push inflation into double digits before later easing.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
SBP FX reserves on April 24, 2026 were approximately:
A. US$12 billion
B. US$17.2 billion
C. US$20.2 billion
D. US$15.8 billion
Correct Answer: D
Despite debt repayments, reserves were around $15.8 billion on April 24.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Cumulative LSM growth during July–February FY26 reached:
A. 0.4 percent
B. 3.8 percent
C. 5.9 percent
D. 10.9 percent
Correct Answer: C
The April minutes cited 5.9 percent cumulative LSM growth.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Real GDP growth in the comparable H1 period a year earlier was:
A. 0.4 percent
B. 1.9 percent
C. 3.8 percent
D. 5.9 percent
Correct Answer: B
The April minutes compared 3.8 percent H1-FY26 growth with 1.9 percent a year earlier.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Real GDP growth during H1-FY26 was reported at:
A. 3.8 percent y/y
B. 1.9 percent
C. 3.1 percent
D. 5.9 percent
Correct Answer: A
The April MPC minutes reported H1-FY26 growth of 3.8 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Core inflation in March 2026 was:
A. 5.6 percent
B. 7.3 percent
C. 11.7 percent
D. 7.8 percent
Correct Answer: D
The April MPC minutes reported core inflation of 7.8 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Headline inflation in March 2026 was:
A. 5.8 percent
B. 7.8 percent
C. 7.3 percent
D. 10.9 percent
Correct Answer: C
The April MPC noted headline inflation of 7.3 percent in March.