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.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
As of 2 October 2026, the latest completed MPC meeting was held on:
A. 27 July 2026
B. 14 September 2026
C. 26 October 2026
D. 14 December 2026
Correct Answer: B
The October and December meetings were still future scheduled meetings as of the verification date.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Which meeting immediately followed the April 2026 rate hike?
A. 15 June 2026
B. 9 March 2026
C. 27 July 2026
D. 14 September 2026
Correct Answer: A
The next MPC review after April 27 occurred on June 15.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Which meeting immediately preceded the April 2026 rate hike?
A. 26 January 2026
B. 15 June 2026
C. 27 July 2026
D. 9 March 2026
Correct Answer: D
The March meeting held the rate at 10.5 percent before April's tightening.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Which sequence correctly describes the 2026 policy-rate path through September?
A. 10.5% → 11.5% → 12.5% → 11.5% → 10.5% → 9.5%
B. 11.5% → 11.0% → 10.5% → 10.0% → 9.5% → 9.0%
C. 10.5% → 10.5% → 11.5% → 11.5% → 11.5% → 11.5%
D. 10.5% → 9.5% → 10.5% → 12.5% → 12.0% → 11.5%
Correct Answer: C
The six meetings were January, March, April, June, July and September; only April changed the rate.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
What was the highest policy rate reached during completed 2026 MPC meetings through September?
A. 10.5 percent
B. 11.5 percent
C. 12.5 percent
D. 13.5 percent
Correct Answer: B
The April hike brought the policy rate to 11.5 percent, where it remained through September.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
What was the lowest policy rate recorded during the completed 2026 MPC meetings through September?
A. 10.5 percent
B. 9.5 percent
C. 11.0 percent
D. 11.5 percent
Correct Answer: A
The January and March meetings held the policy rate at 10.5 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
The policy rate rose by how many percentage points between 26 January and 14 September 2026?
A. 0.5 percentage point
B. 2 percentage points
C. 3 percentage points
D. 1 percentage point
Correct Answer: D
The rate was 10.5 percent in January and 11.5 percent in September.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
How many completed MPC meetings had taken place in calendar year 2026 by 14 September?
A. Four
B. Five
C. Six
D. Eight
Correct Answer: C
Completed meetings were held in January, March, April, June, July and September.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Monetary Policy 2026
Which was the only completed 2026 MPC meeting through September that changed the policy rate?
A. 26 January 2026
B. 27 April 2026
C. 15 June 2026
D. 14 September 2026
Correct Answer: B
January, March, June, July and September were holds; April delivered the 100-bps increase.