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1321
Which of the following international governance institutions is primarily mandated to oversee the global financial system and ensure exchange rate stability?
The International Monetary Fund (IMF) is the central institution of the international monetary system, tasked with monitoring global economic developments and providing financial assistance to member states.
Consider the following statements about the fuel pricing policy in Pakistan as of July 2026:
1. The government has transitioned from weekly to daily fuel price revisions.
2. High-speed diesel is primarily utilized in the heavy transport sector and power plants.
3. The All Pakistan Dealers Association has fully supported the new daily pricing mechanism.
Which of the statements given above is/are correct?
Statements 1 and 2 are correct as they reflect the government's policy shift and the usage profile of diesel. Statement 3 is incorrect because the Dealers Association rejected the daily pricing decision and threatened protests. [Source: https://www.dawn.com/news/2016247/govt-increases-petrol-price-by-rs544-diesel-by-rs3105-per-litre-for-next-three-days, 17 Jul 2026]
1323
Consider the following statements about the conflict developments as of March 13, 2026:
1. The US Defence Secretary stated that over 15,000 targets have been struck since the war began.
2. Sirens were reported at Turkey's Incirlik airbase, a facility housing US troops.
3. Iran's Revolutionary Guards have promised to welcome all anti-government protests to foster national unity.
Which of the statements given above is/are correct?
Statement 3 is incorrect because the Revolutionary Guards warned that protests would be met with a stronger response, not welcomed. Statements 1 and 2 are factually accurate based on the report. [Source: https://www.dawn.com/news/1981719/deadly-blast-rocks-iran-as-leaders-rally-in-show-of-defiance, 13 Mar 2026]
1324
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?
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]
1325
Which of the following statements regarding the federal government's development loans is INCORRECT?
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]
1326
Consider the following statements regarding policy developments and national events occurring in August 2026:
1. The Sindh Governor has taken steps toward institutional modernization by inaugurating an AI laboratory at an engineering university.
2. The Government of Pakistan has unveiled a roadmap to restructure and unbundle existing gas utility companies into five distinct entities.
3. The national transport sector has announced a nationwide protest action slated to commence on August 8 due to operational grievances.
All statements are verified: the Governor of Sindh inaugurated an AI laboratory at SSUET; the government formally proposed restructuring gas utilities SNGPL and SSGCL into five entities; and transport associations have confirmed a nationwide strike beginning August 8. [Source: https://www.brecorder.com/news/40433354/nehal-inaugurates-ai-lab-at-ssuet]
1327
Which of the following statements regarding the recent fuel price adjustment is INCORRECT?
The All Pakistan Dealers Association rejected the daily pricing decision and planned to protest against it, making statement C incorrect. The other statements accurately reflect the price changes and the effective date. [Source: https://www.dawn.com/news/2017065/govt-decreases-petrol-price-by-rs035-increases-diesel-by-rs571-per-litre, 20 Jul 2026]
1328
Consider the following statements about the WAPDA union protests on 2026-07-27:
1. The protests were limited to the city of Lahore.
2. Union leaders warned that privatization would negatively affect the national economy.
3. The union demanded that families of employees who died in the line of duty receive benefits similar to security force martyrs.
Which of the statements given above is/are correct?
Statement 1 is false because the protest occurred in Peshawar, not Lahore. Statements 2 and 3 are accurate reflections of the union's stated position and demands. [Source: https://www.brecorder.com/news/40431892/wapda-union-rejects-privatisation-of-discos, 27 Jul 2026]
1329
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.
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]
1330
Which prestigious civilian award was conferred upon Prince Rahim al-Hussaini Aga Khan V in 2024?
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]
