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1191
Consider the following statements about China's gold trade in June 2026:
1. Net gold imports via Hong Kong more than doubled compared to the same month in the previous year.
2. Hong Kong has launched a central clearing system for gold to support its regional hub ambitions.
3. Data from Hong Kong provides a complete and exhaustive picture of all Chinese gold purchases.
Which of the statements given above is/are correct?
Statement 1 is correct as net imports rose from 19.366 tons in June 2025 to 50.679 tons in June 2026. Statement 2 is correct regarding the new clearing system. Statement 3 is incorrect because gold is also imported via Shanghai and Beijing, meaning Hong Kong data is not exhaustive. [Source: https://www.brecorder.com/news/40432008/chinas-june-net-gold-imports-via-hong-kong-up-from-year-ago-down-from-may, 27 Jul 2026]
1192
According to the Economic Survey 2025-26, what was the total wheat production in Pakistan for FY26?
The Economic Survey 2025-26 reported that wheat production increased to 29.61 million tonnes in FY26, up from 28.40 million tonnes in the previous fiscal year. Option A represents the production figure for FY25, making it a plausible but incorrect distractor. [Source: https://www.dawn.com/news/2018192/private-sector-rejects-govt-wheat-import-plan, 25 Jul 2026]
1193
In which city is the Vegas Loop, a flagship project of The Boring Company, currently operational?
The Vegas Loop is located in Las Vegas, Nevada, and has been transporting passengers since 2021. Hawthorne is the site of the company's test tunnel, not the commercial Vegas Loop. [Source: https://www.dawn.com/news/2018386/elon-musks-firm-eyes-20-billion-valuation, 26 Jul 2026]
1194
The government of Pakistan declared which of the following groups as a proscribed organization following its call for widespread protests?
The Joint Awami Action Committee (JAAC) was declared a proscribed organization by the government after it called for protests. The other options represent different entities or hypothetical groups not identified as the proscribed organization in this context. [Source: https://www.dawn.com/news/2018518/tarar-claims-man-arrested-for-spreading-anti-state-material-online-in-exchange-for-indian-funding, 26 Jul 2026]
1195
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]
1196
Which organization is primarily responsible for leading the protests against the privatization of electricity distribution companies (DISCOs) as of 2026?
The All Pakistan WAPDA Hydro Electric Workers Union is the primary body organizing the protests against the privatization of DISCOs. The other options are not the specific entities identified in the report as leading the rally. [Source: https://www.brecorder.com/news/40431892/wapda-union-rejects-privatisation-of-discos, 27 Jul 2026]
1197
Which of the following is NOT a demand raised by the WAPDA union leaders during the 2026 protests?
The union is explicitly opposing the privatization of DISCOs, making the incorrect statement. The other three options are documented demands of the union. [Source: https://www.brecorder.com/news/40431892/wapda-union-rejects-privatisation-of-discos, 27 Jul 2026]
1198
What is the primary objective of the mission dubbed 'Mission Aagaman'?
Mission Aagaman was designed as a test flight to validate the rocket's propulsion, avionics, telemetry, guidance, navigation, and control systems. The other options describe long-term goals or unrelated space missions. [Source: https://www.dawn.com/news/2016450/indias-skyroot-launches-vikram-1-in-first-private-orbital-rocket-mission, 18 Jul 2026]
1199
Which mechanism is primarily utilized by the International Monetary Fund (IMF) to provide short-term financial assistance to member countries facing balance of payments difficulties?
The Stand-By Arrangement (SBA) is the IMF's primary instrument for addressing short-term balance of payments problems, whereas other facilities like the EFF are designed for longer-term structural adjustments.
The All Pakistan Dealers Association has rejected the daily pricing decision and has considered protest plans, making option C incorrect. The other statements accurately reflect the government's policy and market data. [Source: https://www.dawn.com/news/2018328/govt-keeps-petrol-diesel-prices-unchanged-for-two-days, 25 Jul 2026]