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CSS - PMS - CCE - PCS - Current Affairs (C.A) MCQs

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CSS - PMS - CCE - PCS - Current Affairs (C.A)

CSS - PMS - CCE - PCS - Current Affairs (C.A) MCQs With Answers

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CSS - PMS - CCE - PCS - Current Affairs (C.A) Pakistan Foreign Exchange Reserves and Exchange Rate
What is the correct value/answer for SBP policy rate after 14 September 2026 MPC meeting?
A. 10.5%
B. 11.5%
C. 13.0%
D. 12.5%
Correct Answer: B
The MPC kept the SBP policy rate unchanged at 11.5% on 14 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Pakistan Foreign Exchange Reserves and Exchange Rate
What is the correct value/answer for Total liquid foreign exchange reserves as of 18 September 2026?
A. US$26.8106 billion
B. US$23.7158 billion
C. US$21.4003 billion
D. US$5.4103 billion
Correct Answer: A
Total liquid reserves were US$26.8106 billion as of 18 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Pakistan Foreign Exchange Reserves and Exchange Rate
What is the correct value/answer for Commercial banks' reserves as of 18 September 2026?
A. US$4.012 billion
B. US$5.4103 billion
C. US$21.4003 billion
D. US$26.8106 billion
Correct Answer: B
Commercial banks held US$5.4103 billion in reserves on the cited date.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Pakistan Foreign Exchange Reserves and Exchange Rate
What is the correct value/answer for SBP liquid foreign exchange reserves as of 18 September 2026?
A. US$26.8106 billion
B. US$18.3282 billion
C. US$21.4003 billion
D. US$5.4103 billion
Correct Answer: C
SBP reported US$21.4003 billion in reserves as of 18 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Direct taxes target?
A. Rs 4.927 trillion
B. Rs 1.651 trillion
C. Rs 7.613 trillion
D. Rs 7.651 trillion
Correct Answer: C
Direct taxes are budgeted at Rs 7.613 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Privatisation proceeds?
A. Rs 430 billion
B. Rs 813 billion
C. Rs 276 billion
D. Rs 161 billion
Correct Answer: D
Privatisation proceeds are budgeted at Rs 161 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Non-bank borrowing (NSSs and others)?
A. Rs 2.034 trillion
B. Rs 4.012 trillion
C. Rs 813 billion
D. Rs 274 billion
Correct Answer: A
Non-bank borrowing is budgeted at Rs 2.034 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Bank borrowing through T-bills, PIBs and Sukuk?
A. Rs 4.012 trillion
B. Rs 5.772 trillion
C. Rs 813 billion
D. Rs 2.034 trillion
Correct Answer: A
Bank borrowing in the at-a-glance resource framework is Rs 4.012 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Net external financing?
A. Rs 161 billion
B. Rs 813 billion
C. Rs 4.012 trillion
D. Rs 2.034 trillion
Correct Answer: B
Net external financing is budgeted at about Rs 813 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Nominal GDP used in budget estimates?
A. Rs 151.000 trillion
B. Rs 126.870 trillion
C. Rs 129.567 trillion
D. Rs 143.604 trillion
Correct Answer: D
Nominal GDP in the FY2026-27 budget framework is Rs 143.604 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Primary surplus target as share of GDP?
A. 3.6% of GDP
B. 2.0% of GDP
C. 1.0% of GDP
D. 2.5% of GDP
Correct Answer: B
The budget targets a primary surplus of 2.0% of GDP.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Overall fiscal deficit target as share of GDP?
A. 3.9% of GDP
B. 2.0% of GDP
C. 3.6% of GDP
D. 3.0% of GDP
Correct Answer: C
The overall fiscal deficit target is 3.6% of GDP.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Federal budget deficit?
A. Rs 5.226 trillion
B. Rs 6.046 trillion
C. Rs 7.020 trillion
D. Rs 8.848 trillion
Correct Answer: C
The federal budget deficit is Rs 7.020 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Provision for emergency and others?
A. Rs 430 billion
B. Rs 1.091 trillion
C. Rs 276 billion
D. Rs 161 billion
Correct Answer: A
The budget provides Rs 430 billion for emergency and other provisions.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Running of civil government?
A. Rs 1.071 trillion
B. Rs 1.169 trillion
C. Rs 430 billion
D. Rs 2.034 trillion
Correct Answer: A
Running of civil government is budgeted at Rs 1.071 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Grants and transfers?
A. Rs 1.071 trillion
B. Rs 1.091 trillion
C. Rs 3.000 trillion
D. Rs 2.680 trillion
Correct Answer: D
Grants and transfers are budgeted at about Rs 2.680 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Subsidies?
A. Rs 430 billion
B. Rs 1.169 trillion
C. Rs 2.680 trillion
D. Rs 1.091 trillion
Correct Answer: D
Subsidies are budgeted at Rs 1.091 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Pension allocation?
A. Rs 1.071 trillion
B. Rs 1.091 trillion
C. Rs 1.169 trillion
D. Rs 2.680 trillion
Correct Answer: C
Pensions are budgeted at Rs 1.169 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Defence Affairs and Services allocation?
A. Rs 1.169 trillion
B. Rs 1.091 trillion
C. Rs 3.000 trillion
D. Rs 2.680 trillion
Correct Answer: C
The Budget in Brief allocates Rs 3 trillion to Defence Affairs and Services.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
For competitive-exam preparation, which option correctly identifies Interest/mark-up payments?
A. Rs 3.000 trillion
B. Rs 6.983 trillion
C. Rs 1.169 trillion
D. Rs 8.054 trillion
Correct Answer: D
Interest payments are budgeted at Rs 8.054 trillion.
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