Explanation

• The Financial Action Task Force (FATF) monitors financial crimes.
• Pakistan was kept on the grey list in 2021 (until June).
• At that time, Pakistan had complied with 24 out of 27 actions.
• These actions were related to terror financing and money laundering controls.
• Later, compliance increased to 26 out of 27 actions by June 2021.

Last verified on 01-05-2026

Explanation

• The International Monetary Fund (IMF) provided emergency financial support to Pakistan during COVID-19.
• In 2020, Pakistan received US$ 1.386 billion assistance.
• This support was given under the Rapid Financing Instrument (RFI).
• It was aimed at addressing the economic impact of COVID-19.
• The facility is used for urgent balance of payment needs.

Last verified on 30-04-2026

Explanation

• Pakistan and Iran signed the gas supply agreement in 2009.
• The deal was part of the Iran-Pakistan (IP) Gas Pipeline Project.
• Under this agreement, Iran would supply 750 million cubic feet gas per day.
• The project aimed to overcome Pakistan’s energy crisis.
• It was a major step in regional energy cooperation.

Last verified on 29-04-2026

Explanation

• Article 35A was revoked on 5 August 2019 by the Government of India.
• The move was widely viewed as enabling demographic changes in Kashmir.
• It removed special rights related to residency and property ownership.
• The decision was linked with revocation of Article 370.
• It created significant political and regional tensions.

Last verified on 29-04-2026

Explanation

The term of the Members of Senate is six years, however, one-half of its members retire after every three years.