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121
Senator Mehreen Faruqi, the target of the racial vilification comments, is a member of which political group?
Correct Option
Option B
Explanation
Mehreen Faruqi is a left-leaning senator representing The Greens in the Australian parliament. She was targeted by Hanson following her public comments regarding the death of Queen Elizabeth II. [Source: https://www.dawn.com/news/2018722/australian-politician-fails-to-overturn-racial-vilification-ruling-over-telling-muslim-senator-to-go-back-to-pakistan, 27 Jul 2026]
122
On 28 July 2026, Prime Minister Shehbaz Sharif chaired a meeting of which specific body to discuss energy sector reforms?
Correct Option
Option A
Explanation
The Prime Minister chaired the Cabinet Committee on Energy (CCoE) to approve amendments to the oil refining policy and discuss strategic petroleum reserves. The other committees listed are distinct bodies with different mandates. [Source: https://www.dawn.com/news/2018968/pm-orders-increase-in-countrys-strategic-petroleum-reserves-changes-to-oil-refining-policy-approved, 28 Jul 2026]
123
Which of the following statements regarding the oil market situation on July 27, 2026, is INCORRECT?
Correct Option
Option D
Explanation
Market analysts explicitly stated that there is no signed framework, no verification mechanism, and no agreed timeline for the pause in hostilities. Options A, B, and D are factually accurate descriptions of the events reported on that date. [Source: https://www.dawn.com/news/2018729/oil-prices-near-one-week-low-after-us-iran-pause-fighting-over-weekend, 27 Jul 2026]
124
Under which specific legislation were Imaan Mazari and Hadi Ali Chattha convicted in 2026?
Correct Option
Option A
Explanation
The lawyers were convicted under the Prevention of Electronic Crimes Act (PECA) for charges related to social media posts. The other options are distinct legal frameworks not cited as the primary basis for this specific conviction. [Source: https://www.dawn.com/news/2018916/imaan-hadi-seek-early-hearing-of-their-petition-in-peca-case, 28 Jul 2026]
125
Who is the current Chief Minister of Khyber Pakhtunkhwa who filed the rejoinder before the Federal Constitutional Court on July 28, 2026?
Correct Option
Option B
Explanation
Sohail Afridi is the Chief Minister of Khyber Pakhtunkhwa who submitted the formal response to the Federal Constitutional Court. Ali Amin Gandapur is a former Chief Minister, making him an incorrect choice. [Source: https://www.dawn.com/news/2018901/no-release-imran-force-exists-kp-cm-tells-federal-constitutional-court, 28 Jul 2026]
126
Which two water bodies caused the breaches that led to the suspension of rail traffic between Lahore and Faisalabad on 2026-07-28?
Correct Option
Option A
Explanation
The suspension of rail services was specifically attributed to breaches in Nullah Deg and Nullah Bherr, which caused soil erosion under railway bridges. While the Ravi and Chenab rivers are experiencing flood levels, the specific infrastructure damage was caused by the nullahs. [Source: https://www.dawn.com/news/2018903/floodwaters-sever-rail-link-between-lahore-faisalabad, 28 Jul 2026]
127
Which of the following is NOT a stated objective of the amendments to the Pakistan Oil Refining Policy 2023?
Correct Option
Option A
Explanation
The policy aims to reduce, not increase, the production of furnace oil and low-quality petroleum products. The other three options are core objectives of the approved amendments. [Source: https://www.dawn.com/news/2018968/pm-orders-increase-in-countrys-strategic-petroleum-reserves-changes-to-oil-refining-policy-approved, 28 Jul 2026]
128
Which financial institution filed the petition in the Islamabad High Court challenging the super tax levy?
Correct Option
Option B
Explanation
Meezan Bank Ltd was the petitioner that challenged the constitutional validity of the super tax levy. The court dismissed the petition, ruling in favor of the Federation and the Federal Board of Revenue. [Source: https://www.dawn.com/news/2018924/islamabad-high-court-dismisses-bank-petition-on-super-tax, 28 Jul 2026]
129
The dispute involving the super tax levy in the Islamabad High Court case amounted to approximately how much money?
Correct Option
Option C
Explanation
The legal dispute between the bank and the tax authorities involved a super tax liability of approximately Rs 11 billion. The court upheld the levy, vacating interim stay orders. [Source: https://www.dawn.com/news/2018924/islamabad-high-court-dismisses-bank-petition-on-super-tax, 28 Jul 2026]
130
Consider the following statements regarding the economic situation in Pakistan as of July 2026:
1. The SBP's decision to maintain the policy rate is supported by domestic trade bodies to curb inflation.
2. Private sector credit showed signs of recovery in June 2026.
3. Industrial stakeholders argue that a single-digit interest rate is necessary to improve export competitiveness.
Which of the statements given above is/are correct?
Correct Option
Option B
Explanation
Statement 1 is incorrect because domestic trade bodies (FPCCI, Korangi Association) criticized the policy rate as contractionary, not supportive. Statements 2 and 3 are factually accurate reflections of the economic sentiment and data reported in July 2026. [Source: https://www.dawn.com/news/2018929/policy-rate-pause-splits-stakeholders, 28 Jul 2026]
