SAARC is governed by the principles of sovereign equality, territorial integrity, and non-interference, distinguishing it from supranational organizations like the European Union.
The International Monetary Fund (IMF) is the central institution in the global financial architecture tasked with ensuring the stability of the international monetary system and providing financial assistance to member states.
Which of the following constitutional provisions defines the legislative authority of the Azad Jammu and Kashmir Legislative Assembly under the 1974 Interim Constitution Act?
Section 31 of the Azad Jammu and Kashmir Interim Constitution Act, 1974, delineates the legislative powers of the Assembly, establishing the framework for regional governance and law-making authority.
The OIC is an intergovernmental organization with a mandate to foster cooperation, protect the interests of Muslim-majority nations, and promote international peace and harmony, rather than acting as a military alliance or a trade regulatory body.
The Bush Doctrine, formulated in the post-9/11 era, introduced the concept of preemptive strikes as a core component of international security strategy to neutralize threats before they materialize.
The movement expanded to millions of followers after a national medical school entrance test was cancelled due to a question paper leak. This event served as the primary catalyst for the widespread youth mobilization. [Source: https://www.dawn.com/news/2018062/indian-government-seeks-time-on-youth-protesters-minister-resignation-demand, 24 Jul 2026]
1037
Consider the following statements about the State Bank of India's capital raising activities:
1. The board approved raising up to 600 billion rupees through debt in the current financial year.
2. The bank's previous perpetual bond issuance occurred in November 2025.
3. The 2026 perpetual debt issuance is designed to be Basel III-compliant.
Which of the statements given above is/are correct?
Statement 1 is correct regarding the 600 billion rupee board approval. Statement 3 is correct regarding Basel III compliance. Statement 2 is incorrect because the bank's previous perpetual bond issuance occurred in October 2024, whereas Canara Bank issued bonds in November 2025. [Source: https://www.brecorder.com/news/40431637/indias-sbi-to-issue-first-rupee-denominated-perpetual-debt-of-2026-sources-say, 24 Jul 2026]
1038
Which Indian financial institution was the last to tap the market for Basel III-compliant additional Tier I perpetual bonds prior to the SBI issuance in 2026?
Canara Bank was the last lender to issue such bonds, raising 35 billion rupees in November 2025. The other banks listed are major private sector players not mentioned in the context of this specific recent issuance. [Source: https://www.brecorder.com/news/40431637/indias-sbi-to-issue-first-rupee-denominated-perpetual-debt-of-2026-sources-say, 24 Jul 2026]
1039
According to the government, the violent protests organized by the banned JAC in Azad Kashmir resulted in the death of which group of individuals?
The Information Minister stated that the group's violent activities led to the martyrdom of Kashmiri police personnel. This created a significant law and order challenge in the region. [Source: https://www.brecorder.com/news/40431876/investigations-expose-banned-jacs-nexus-with-india-information-minister, 26 Jul 2026]
1040
Consider the following statements about the 2026 Test series between West Indies and Pakistan:
1. The series is being held during a period in the southern Caribbean prone to significant rainfall.
2. Mohammad Ali is a pace bowler who performed well in the warm-up match for Pakistan.
3. The West Indies Test team recently achieved a series victory against Sri Lanka.
Which of the statements given above is/are correct?
All three statements are factually accurate based on the provided information. The July/August period is noted for rainfall, Mohammad Ali took five wickets in the warm-up, and the West Indies recently defeated Sri Lanka. [Source: https://www.dawn.com/news/2018018/brian-lara-stadium-hosts-maiden-test-as-west-indies-face-pakistan, 24 Jul 2026]
