current affairs MCQ #5115

By mid-2024, Pakistan's inflation rate had moderated to approximately what level compared to its 2023 peak?

current affairs MCQ #5115

  1. Question 1

    Q1. By mid-2024, Pakistan's inflation rate had moderated to approximately what level compared to its 2023 peak?

    • A) It remained at 38%
    • B) It rose further to 45%
    • C) It fell to approximately 12–15%
    • D) It dropped to below 5%

    Answer: It fell to approximately 12–15%

    Explanation: After peaking near 38% in May 2023, Pakistan's inflation moderated steadily through FY2024, falling to roughly 12–15% by mid-2024 as monetary tightening and exchange-rate stabilisation took effect.