In education, student assessment is as important as knowledge transfer. Students are typically required to complete text-based academic assessments, and teachers must create a variety of questions that are fair to all students to assess their understanding of a given topic. This study aims to significantly facilitate this process by implementing automatic question-answer generation (AQAG) using a fine-tuned generative LLM. Prompt engineering (PE) is utilized to customize the teacher's preferred question style (MCQ, conceptual, or factual). This study proposes utilizing unsupervised learning methods in NLP, focusing primarily on English. This approach allows the underlying Meta-Llama 2-7B model to integrate the RACE dataset as training data for the fine-tuning process. A reliable and efficient tool for question and answer generation can streamline the assessment process, saving valuable time and resources.