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101
What is the duration of the call option attached to the State Bank of India's 2026 perpetual debt issuance?
Correct Option
Option C
Explanation
The current issuance features a five-year call option. A ten-year call option was utilized by the bank in its previous issuance in October 2024. [Source: https://www.brecorder.com/news/40431637/indias-sbi-to-issue-first-rupee-denominated-perpetual-debt-of-2026-sources-say, 24 Jul 2026]
102
In 2024, which Indian regulatory body investigated Amazon for alleged breaches of competition laws related to deep discounting?
Correct Option
Option D
Explanation
The Competition Commission of India (the antitrust watchdog) conducted the investigation into Amazon's business practices. The other bodies listed regulate financial markets, banking, and insurance, respectively. [Source: https://www.brecorder.com/news/40431461/india-relaxes-e-commerce-investment-rules-for-exports-in-win-for-amazon, 23 Jul 2026]
103
Consider the following statements about development loans in Pakistan:
1. The markup rate for 2025-26 is lower than the rate charged in 2024-25.
2. The federal government charges markup on loans to provincial governments as a source of revenue.
3. Foreign re-lent loans are advanced by the federal government out of its own domestic resources.
Which of the statements given above is/are correct?
Correct Option
Option A
Explanation
Statement 1 is correct as the rate dropped from 17.74 percent to 11.89 percent. Statement 2 is correct as markup on these loans is a key revenue stream. Statement 3 is incorrect because cash development loans are funded from domestic resources, while foreign re-lent loans are sourced from international lenders. [Source: https://www.dawn.com/news/2018194/centre-cuts-markup-on-uplift-loans-to-1189pc, 24 Jul 2026]
104
Which of the following statements regarding the federal government's development loans is INCORRECT?
Correct Option
Option A
Explanation
The markup rate in 2024-25 was 17.74 percent, which is significantly higher than the 10.30 percent rate recorded in 2020-21. Therefore, the statement claiming it was lower is incorrect. [Source: https://www.dawn.com/news/2018194/centre-cuts-markup-on-uplift-loans-to-1189pc, 24 Jul 2026]
105
Arrange the following major international and regional developments in the correct chronological order of their reported occurrences or scheduling (earliest to latest):
1. The 11th Pakistan Banking Awards.
2. The 2024 uprising in Bangladesh leading to the current political climate for Sheikh Hasina.
3. The reported monsoon-related fatalities in India reaching over 100 on August 6, 2026.
4. The legislative advancement of a conditional amnesty bill for PKK fighters in Turkey.
Correct Option
Option A
Explanation
The sequence is determined by the 2024 Bangladesh uprising, followed by the specific disaster reports from India (August 6, 2026), the legislative action in Turkey (August 6, 2026), and finally the scheduled Pakistan Banking Awards (August 21, 2026). [Source: https://www.dawn.com/news/2020870/floods-landslides-leave-over-100-dead-as-monsoon-batters-india]
106
Which prestigious civilian award was conferred upon Prince Rahim al-Hussaini Aga Khan V in 2024?
Correct Option
Option D
Explanation
The Nishan-i-Pakistan is the nation's highest civilian award, which was granted to the Prince in 2024 for his family's contributions to the country. The other options are lower-tier civil awards. [Source: https://www.dawn.com/news/2001810/aga-khan-affirms-commitment-to-supporting-development-during-meeting-with-president-zardari, 20 May 2026]
107
Consider the following statements regarding the legal and political discourse surrounding the ICC warrant in New York:
1. The Mayor of New York City asserted that his office possesses the independent legal authority to execute the ICC warrant.
2. The US federal government holds the authority to execute international arrest warrants within the country.
3. The ICC warrant for Benjamin Netanyahu was initially announced in 2024.
Which of the statements given above is/are correct?
Correct Option
Option B
Explanation
Statement 1 is false because the Mayor explicitly stated he does NOT have the authority. Statements 2 and 3 are factually correct based on the provided information. [Source: https://www.dawn.com/news/2017473/he-is-a-war-criminal-mamdani-says-ny-cannot-arrest-netanyahu-on-icc-warrant-urges-us-federal-officials-to-step-in, 22 Jul 2026]
108
Consider the following statements about Pakistan's engagement with the SCO:
1. Pakistan hosted the Meeting of the Council of Heads of Government in October 2024.
2. Pakistan leads an SCO working group specifically focused on poverty alleviation.
3. The SCO was originally formed in 2001 as a security cooperation group.
Which of the statements given above is/are correct?
Correct Option
Option D
Explanation
All three statements are factually accurate. Pakistan hosted the 2024 government-level meeting, chairs the poverty alleviation working group, and the SCO was indeed founded in 2001 with a primary focus on security. [Source: https://www.dawn.com/news/2008079/pakistan-to-assume-chairmanship-of-sco-council-of-heads-of-states-in-september, 15 Jun 2026]
109
Arrange the following major international and regional developments in the correct chronological order of their reported occurrences or scheduling (earliest to latest):
1. The 11th Pakistan Banking Awards.
2. The 2024 uprising in Bangladesh leading to the current political climate for Sheikh Hasina.
3. The reported monsoon-related fatalities in India reaching over 100 on August 6, 2026.
4. The legislative advancement of a conditional amnesty bill for PKK fighters in Turkey.
Correct Option
Option A
Explanation
The sequence is determined by the 2024 Bangladesh uprising, followed by the specific disaster reports from India (August 6, 2026), the legislative action in Turkey (August 6, 2026), and finally the scheduled Pakistan Banking Awards (August 21, 2026). [Source: https://www.dawn.com/news/2020870/floods-landslides-leave-over-100-dead-as-monsoon-batters-india]
110
The five reservists were initially charged in February 2025 for an incident that took place in which month of the previous year?
Correct Option
Option A
Explanation
The military reported that the abuse occurred in July 2024. The other months are incorrect distractors within the same calendar year. [Source: https://www.dawn.com/news/1981395/israel-drops-indictment-of-five-soldiers-accused-of-sexually-assaulting-palestinian-detainee, 12 Mar 2026]
