CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
When did IMF staff and Pakistani authorities announce a staff-level agreement on the third EFF review in 2026?
A. 27 February
B. 27 March
C. 27 April
D. 27 May
Correct Answer: B
The staff-level agreement was announced on 27 March 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
Who led the IMF mission for Pakistan's third EFF review discussions in early 2026?
A. Kristalina Georgieva
B. Iva Petrova
C. Nathan Porter
D. Jihad Azour
Correct Answer: B
The IMF mission was led by Iva Petrova.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
According to the IMF's May 2026 review, Pakistan's gross reserves stood at about how much at end-December 2025?
A. US$14.5 billion
B. US$16.0 billion
C. US$17.5 billion
D. US$20.9 billion
Correct Answer: B
The IMF's May 2026 review stated that gross reserves stood at about US$16 billion at end-December 2025, up from US$14.5 billion at end-June 2025.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
Pakistan's EFF arrangement referred to in the 2026 IMF review spans:
A. 25 months
B. 31 months
C. 37 months
D. 43 months
Correct Answer: C
Pakistan's Extended Fund Facility arrangement is for 37 months.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
After the May 2026 IMF reviews, total disbursements under Pakistan's EFF and RSF arrangements reached about:
A. US$3.8 billion
B. US$4.8 billion
C. US$5.8 billion
D. US$6.8 billion
Correct Answer: B
Total disbursements under the two arrangements reached about US$4.8 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
How much did the IMF allow Pakistan to draw under the RSF in May 2026?
A. US$120 million
B. US$220 million
C. US$320 million
D. US$420 million
Correct Answer: B
The RSF disbursement was approximately US$220 million.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
The IMF's May 2026 decision allowed Pakistan to draw approximately how much under the EFF?
A. US$0.7 billion
B. US$0.9 billion
C. US$1.1 billion
D. US$1.3 billion
Correct Answer: C
The EFF disbursement allowed was about US$1.1 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
On what date did the IMF Executive Board complete Pakistan's third EFF review in 2026?
A. 8 March 2026
B. 8 April 2026
C. 8 May 2026
D. 8 June 2026
Correct Answer: C
The IMF Executive Board completed the third EFF review on 8 May 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
The Pasban Remittance Reward Scheme unveiled in September 2026 was described by SBP as:
A. A tax amnesty
B. A remittance reward scheme
C. A stock market fund
D. An export subsidy
Correct Answer: B
The scheme is a market-based remittance reward initiative.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
What annual prize pool was announced for the Pasban Remittance Reward Scheme in September 2026?
A. Rs6 billion
B. Rs10 billion
C. Rs16 billion
D. Rs20 billion
Correct Answer: C
SBP said the Pasban Remittance Reward Scheme would have Rs16 billion in annual prizes.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
Pakistan's total liquid foreign exchange reserves as of 4 September 2026 were approximately:
A. US$21.72 billion
B. US$22.72 billion
C. US$23.72 billion
D. US$24.72 billion
Correct Answer: C
Total reserves were reported at about US$23.716 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
SBP's reserves as of 4 September 2026 were approximately:
A. US$16.33 billion
B. US$17.33 billion
C. US$18.33 billion
D. US$19.33 billion
Correct Answer: C
SBP reserves were reported at about US$18.328 billion as of 4 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
What did SBP clarify on 17 September 2026?
A. Rs10 banknote was being discontinued
B. Rs10 banknote discontinuation reports
C. Rs5000 note redesign
D. New digital rupee launch
Correct Answer: B
SBP issued a clarification regarding reports about discontinuation of the Rs10 banknote.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
SBP announced an initiative on 10 September 2026 aimed at integrating what into the curriculum?
A. Tax law
B. Financial literacy
C. Cyber warfare
D. Foreign languages
Correct Answer: B
SBP highlighted integration of financial literacy into the curriculum.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
Which institution concluded the first cohort of its Regulatory Sandbox on 15 September 2026?
A. SECP
B. State Bank of Pakistan
C. FBR
D. Pakistan Stock Exchange
Correct Answer: B
The State Bank of Pakistan announced completion of the first Regulatory Sandbox cohort.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
On which date did SBP announce the September 2026 monetary policy decision?
A. 4 September
B. 9 September
C. 14 September
D. 21 September
Correct Answer: C
The Monetary Policy Committee meeting was held on 14 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
What was the SBP overnight repo floor rate around mid-September 2026?
A. 9.5%
B. 10.5%
C. 11.5%
D. 12.5%
Correct Answer: B
The overnight repo floor rate was 10.5%.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
What was the SBP overnight reverse repo ceiling rate around mid-September 2026?
A. 10.5%
B. 11.5%
C. 12.5%
D. 13.5%
Correct Answer: C
SBP's overnight reverse repo ceiling rate was 12.5%.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
What policy rate did the State Bank of Pakistan keep unchanged on 14 September 2026?
A. 9.5%
B. 10.5%
C. 11.5%
D. 12.5%
Correct Answer: C
The MPC kept the policy rate unchanged at 11.5% on 14 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Pakistan Current Affairs
Pakistan's Large-Scale Manufacturing growth in July FY2026-27 was reported at:
A. 1.0%
B. 2.0%
C. 3.0%
D. 4.0%
Correct Answer: C
LSM growth reached 3.0% in July FY2026-27.