Pakistan Affairs (May) 2026

  1. Which international financial institution approved fresh funding of about $1.32 billion for Pakistan in May 2026?
    A) World Bank
    B) Asian Development Bank
    C) IMF
    D) AIIB
    Answer: C) IMF
  2. Pakistan received approximately how much funding from the IMF in May 2026?
    A) $500 million
    B) $800 million
    C) $1.32 billion
    D) $2.5 billion
    Answer: C) $1.32 billion
  3. Prime Minister Shehbaz Sharif visited which country in May 2026 to strengthen economic cooperation?
    A) Russia
    B) China
    C) Japan
    D) Malaysia
    Answer: B) China
  4. Which Chinese leader met Prime Minister Shehbaz Sharif during his May 2026 visit?
    A) Li Keqiang
    B) Wang Yi
    C) Xi Jinping
    D) Zhao Leji
    Answer: C) Xi Jinping
  5. Pakistan emphasized the next phase of which flagship project during talks with China?
    A) BRI
    B) CPEC
    C) SCO
    D) CAREC
    Answer: B) CPEC
  6. Pakistan and China agreed to enhance cooperation in which emerging field?
    A) Artificial Intelligence
    B) Film Production
    C) Textile Design
    D) Fisheries Only
    Answer: A) Artificial Intelligence
  7. In May 2026, Pakistan played a mediatory role between the United States and which country?
    A) Iraq
    B) Syria
    C) Iran
    D) Lebanon
    Answer: C) Iran
  8. Who expressed hope that Pakistan would host another round of Iran-US talks soon?
    A) Ishaq Dar
    B) Asif Ali Zardari
    C) Shehbaz Sharif
    D) Mohsin Naqvi
    Answer: C) Shehbaz Sharif
  9. Which Pakistani official stated that “meaningful progress” had been achieved in US-Iran negotiations?
    A) Mohsin Naqvi
    B) Ishaq Dar
    C) Khawaja Asif
    D) Ahsan Iqbal
    Answer: B) Ishaq Dar
  10. Pakistan’s first Panda Bond is denominated in which currency?
    A) Dollar
    B) Euro
    C) Yuan
    D) Yen
    Answer: C) Yuan
  11. What was the announced size of Pakistan’s first Panda Bond issue?
    A) $100 million
    B) $250 million
    C) $500 million
    D) $1 billion
    Answer: B) $250 million
  12. Pakistan’s Panda Bond will be issued in the capital market of which country?
    A) Saudi Arabia
    B) UAE
    C) China
    D) Singapore
    Answer: C) China
  13. Which province witnessed a deadly train bombing incident in May 2026?
    A) Punjab
    B) Sindh
    C) Khyber Pakhtunkhwa
    D) Balochistan
    Answer: D) Balochistan
  14. The train attack in May 2026 occurred near which city?
    A) Karachi
    B) Quetta
    C) Multan
    D) Hyderabad
    Answer: B) Quetta
  15. Which separatist group claimed responsibility for the train attack in Balochistan?
    A) TTP
    B) ISIS-K
    C) BLA
    D) LeJ
    Answer: C) BLA
  16. Pakistan and 13 other nations condemned Somaliland’s plan to open an embassy in which city?
    A) Riyadh
    B) Ankara
    C) Jerusalem
    D) Cairo
    Answer: C) Jerusalem
  17. Which Pakistani cricketer made a sensational ODI debut against Australia in May 2026?
    A) Saim Ayub
    B) Arafat Minhas
    C) Mohammad Haris
    D) Abrar Ahmed
    Answer: B) Arafat Minhas
  18. Against which country did Arafat Minhas make his memorable ODI debut?
    A) England
    B) New Zealand
    C) South Africa
    D) Australia
    Answer: D) Australia
  19. How many wickets did Arafat Minhas take on his ODI debut?
    A) 3
    B) 4
    C) 5
    D) 6
    Answer: C) 5
  20. Pakistan defeated Australia in the first ODI played in which city?
    A) Lahore
    B) Karachi
    C) Rawalpindi
    D) Faisalabad
    Answer: C) Rawalpindi
  21. Which international organization completed reviews allowing Pakistan access to fresh funding in May 2026?
    A) WTO
    B) IMF
    C) ADB
    D) OIC
    Answer: B) IMF
  22. Pakistan’s finance minister in May 2026 was:
    A) Ishaq Dar
    B) Muhammad Aurangzeb
    C) Ahsan Iqbal
    D) Khurram Dastgir
    Answer: B) Muhammad Aurangzeb
  23. Pakistan’s Panda Bond initiative is primarily aimed at accessing which market?
    A) European Capital Market
    B) Gulf Capital Market
    C) Chinese Capital Market
    D) American Capital Market
    Answer: C) Chinese Capital Market
  24. Pakistan reaffirmed its commitment to ensuring security of nationals from which country?
    A) Japan
    B) China
    C) Turkey
    D) Germany
    Answer: B) China
  25. Pakistan highlighted cooperation with China in which space-related initiative?
    A) Moon Mission
    B) Mars Rover
    C) Space Station Program
    D) Lunar Mining Project
    Answer: C) Space Station Program
  26. Which Pakistani leader visited Hangzhou in May 2026?
    A) Asif Ali Zardari
    B) Shehbaz Sharif
    C) Bilawal Bhutto Zardari
    D) Ishaq Dar
    Answer: B) Shehbaz Sharif
  27. The Pakistan-China B2B Investment Conference focused on IT, telecom and:
    A) Agriculture
    B) Mining
    C) Defense
    D) Tourism
    Answer: A) Agriculture
  28. Pakistan’s mediation efforts in the Middle East were praised by:
    A) Emmanuel Macron
    B) Xi Jinping
    C) Narendra Modi
    D) Keir Starmer
    Answer: B) Xi Jinping
  29. Pakistan’s Deputy Prime Minister and Foreign Minister in May 2026 was:
    A) Bilawal Bhutto Zardari
    B) Shah Mahmood Qureshi
    C) Ishaq Dar
    D) Khawaja Asif
    Answer: C) Ishaq Dar
  30. Pakistan continued to pursue which major economic reform agenda in 2026?
    A) IMF-backed reforms
    B) NATO reforms
    C) SCO reforms
    D) ASEAN reforms
    Answer: A) IMF-backed reforms
  31. Which institution praised Pakistan’s proactive monetary policy stance in May 2026?
    A) World Bank
    B) IMF
    C) ADB
    D) UNDP
    Answer: B) IMF
  32. Pakistan committed to achieving what primary budget surplus target by FY2027?
    A) 1% of GDP
    B) 1.5% of GDP
    C) 2% of GDP
    D) 3% of GDP
    Answer: C) 2% of GDP
  33. Which country’s president was thanked by PM Shehbaz for peace efforts regarding Iran talks?
    A) Russia
    B) France
    C) United States
    D) Türkiye
    Answer: C) United States
  34. Which organization projected continued engagement with Pakistan on economic reforms?
    A) OPEC
    B) IMF
    C) SAARC
    D) ECO
    Answer: B) IMF
  35. Pakistan highlighted cooperation with China in which sector besides AI?
    A) Space Technology
    B) Fashion Design
    C) Forestry
    D) Cinema
    Answer: A) Space Technology
  36. Pakistan’s first Panda Bond is backed by ADB and:
    A) World Bank
    B) AIIB
    C) Islamic Development Bank
    D) BRICS Bank
    Answer: B) AIIB
  37. Which city hosted the PSL final in May 2026?
    A) Karachi
    B) Rawalpindi
    C) Lahore
    D) Multan
    Answer: C) Lahore
  38. Fans were allowed to attend the PSL final at:
    A) National Stadium
    B) Gaddafi Stadium
    C) Arbab Niaz Stadium
    D) Bugti Stadium
    Answer: B) Gaddafi Stadium
  39. Which country announced that Pakistani athletes could participate in international events hosted there?
    A) Bangladesh
    B) Sri Lanka
    C) India
    D) Nepal
    Answer: C) India
  40. Bilateral sports series between Pakistan and India remain:
    A) Fully Restored
    B) Suspended
    C) Mandatory
    D) Annual
    Answer: B) Suspended
  41. Pakistan reiterated support for the high-quality development of:
    A) SCO Corridor
    B) CPEC
    C) TAPI Only
    D) CASA-1000 Only
    Answer: B) CPEC
  42. Which sector was specifically mentioned for Pakistan-China cooperation during PM’s China visit?
    A) Digital Transformation
    B) Film Industry
    C) Banking Privatization
    D) Fisheries
    Answer: A) Digital Transformation
  43. Pakistan and China discussed cooperation in:
    A) Clean Energy
    B) Space Technology
    C) AI
    D) All of These
    Answer: D) All of These
  44. Which Pakistani city hosted the ODI where Arafat Minhas starred against Australia?
    A) Karachi
    B) Lahore
    C) Rawalpindi
    D) Peshawar
    Answer: C) Rawalpindi
  45. Pakistan’s mediation efforts primarily focused on reducing tensions in:
    A) Europe
    B) South America
    C) Middle East
    D) Africa
    Answer: C) Middle East
  46. Pakistan’s economic recovery in May 2026 was supported by rising:
    A) Exports and Remittances
    B) Gold Production
    C) Tourism Only
    D) Coal Exports Only
    Answer: A) Exports and Remittances
  47. Pakistan sought deeper trade ties with which country through a B2B conference?
    A) Russia
    B) China
    C) Germany
    D) Indonesia
    Answer: B) China
  48. Which official currency is used for Panda Bonds?
    A) Euro
    B) Dollar
    C) Yuan (RMB)
    D) Pound Sterling
    Answer: C) Yuan (RMB)
  49. Pakistan reaffirmed its commitment to regional peace through:
    A) Military Alliances
    B) Diplomatic Mediation
    C) Trade Sanctions
    D) Naval Expansion
    Answer: B) Diplomatic Mediation
  50. One of the most significant economic developments for Pakistan in May 2026 was:
    A) Leaving IMF Program
    B) IMF Funding Approval
    C) Joining BRICS
    D) Adopting Euro Currency
    Answer: B) IMF Funding Approval

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