CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Following the Middle East conflict, the March MPC assessed that inflation could:
A. Stay below 2 percent indefinitely
B. Remain above 7 percent in the remaining months of FY26 and into FY27
C. Turn negative immediately
D. Become irrelevant to monetary policy
Correct Answer: B
The March statement warned inflation could stay above 7 percent in the remaining FY26 months and into FY27.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Private-sector credit expansion up to February 20, 2026 was approximately:
A. Rs790 billion
B. Rs578 billion
C. Rs100 billion
D. Rs1.8 trillion
Correct Answer: A
The March statement cited private-sector credit expansion of Rs790 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Broad money growth as of February 20, 2026 was approximately:
A. 10.5 percent
B. 14.3 percent
C. 20.5 percent
D. 16.0 percent
Correct Answer: D
The March statement reported M2 growth of 16.0 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Cumulative LSM growth during July–December FY26 was:
A. 0.4 percent
B. 3.1 percent
C. 4.8 percent
D. 7.4 percent
Correct Answer: C
The March statement cited cumulative LSM growth of 4.8 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Large-scale manufacturing grew by approximately how much y/y in December 2025?
A. -4.8 percent
B. 0.4 percent
C. 3.7 percent
D. 7.0 percent
Correct Answer: B
The March statement cited 0.4 percent year-on-year LSM growth in December 2025.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
The SBP's end-June 2026 FX-reserve target cited in March was:
A. US$18 billion
B. US$15 billion
C. US$20 billion
D. US$25 billion
Correct Answer: A
The MPC emphasized timely official inflows to reach $18 billion by June 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
SBP foreign-exchange reserves stood at approximately what level on February 27, 2026?
A. US$14.5 billion
B. US$15.0 billion
C. US$18.0 billion
D. US$16.3 billion
Correct Answer: D
The March statement cited reserves of $16.3 billion as of February 27.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
The cumulative current-account balance for July–January FY26 was approximately:
A. US$1.1 billion surplus
B. US$121 million deficit
C. US$1.1 billion deficit
D. Balanced at zero
Correct Answer: C
The January surplus contained the cumulative July–January deficit to about $1.1 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Pakistan's current account in January 2026 recorded a:
A. US$121 million deficit
B. US$121 million surplus
C. US$1.1 billion surplus
D. US$3 billion deficit
Correct Answer: B
The March monetary policy statement recorded a $121 million current-account surplus in January.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Core inflation around February 2026 was approximately:
A. 7.6 percent
B. 5.0 percent
C. 6.0 percent
D. 10.5 percent
Correct Answer: A
The March statement said core inflation increased to around 7.6 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Headline inflation in February 2026 rose to:
A. 5.6 percent
B. 7.8 percent
C. 11.7 percent
D. 7.0 percent y/y
Correct Answer: D
Inflation increased to 7 percent in February 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Headline inflation in January 2026 was:
A. 5.0 percent
B. 7.0 percent
C. 5.8 percent y/y
D. 10.9 percent
Correct Answer: C
The March statement reported January inflation of 5.8 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Which sectors were among the major private-sector borrowers cited in January 2026?
A. Only agriculture
B. Textiles, wholesale/retail trade and chemicals
C. Only construction
D. Only government departments
Correct Answer: B
SBP identified textiles, wholesale and retail trade, and chemicals among major borrowers.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Private-sector credit expansion during FY26 up to January 9 was approximately:
A. Rs578 billion
B. Rs121 billion
C. Rs790 billion
D. Rs1.5 trillion
Correct Answer: A
The January statement cited Rs578 billion of private-sector credit expansion up to January 9.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Broad money (M2) growth cited in the January statement had risen to:
A. 7.4 percent
B. 10.5 percent
C. 20.0 percent
D. 16.3 percent
Correct Answer: D
M2 growth reached 16.3 percent by January 9, 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
In December 2025, FBR revenue growth cited by the January MPC was:
A. 3.7 percent
B. 10.5 percent
C. 7.3 percent
D. 16.3 percent
Correct Answer: C
FBR revenue growth decelerated to 7.3 percent in December and fell short of target.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
SBP foreign-exchange reserves reached approximately what level by January 16, 2026?
A. US$10.5 billion
B. US$16.1 billion
C. US$14.5 billion
D. US$18.0 billion
Correct Answer: B
The January MPC statement reported SBP reserves of $16.1 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Provisional real GDP growth for Q1-FY26 cited in January was:
A. 3.7 percent y/y
B. 1.9 percent
C. 2.5 percent
D. 5.7 percent
Correct Answer: A
The January statement cited Q1-FY26 real GDP growth of 3.7 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Core inflation cited in the January 2026 MPC statement had steadied around:
A. 3.1 percent
B. 5.0 percent
C. 11.5 percent
D. 7.4 percent
Correct Answer: D
The January MPC noted core inflation around 7.4 percent in recent months.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Headline inflation in December 2025, cited at the January 2026 MPC meeting, was:
A. 4.0 percent
B. 7.0 percent
C. 5.6 percent y/y
D. 10.9 percent
Correct Answer: C
The January statement reported December headline inflation at 5.6 percent year-on-year.