February 2024 Edition
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February 2024 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#1581
Which country was the largest source of remittances for Pakistan during the July-February period of FY26?
(a) United Arab Emirates
(b) United Kingdom
(c) United States
(d) Saudi Arabia
Explanation: Saudi Arabia remained the top source of remittances, contributing 6.163 billion dollars during the first eight months of FY26. The UAE followed as the second-largest source. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]
#1582
What was the percentage increase in remittances from the European Union countries during the July-February period of FY26?
(a) 23.5 percent
(b) 12.0 percent
(c) 10.5 percent
(d) 4.6 percent
Explanation: Remittances from European Union countries recorded the highest growth rate at 23.5 percent, reaching 3.5 billion dollars. This growth significantly outpaced the 10.5 percent overall national average. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]
#1583
Which of the following statements regarding the automotive sector performance in February 2026 is INCORRECT?
(a) Truck and bus sales surged by 37 percent year-on-year.
(b) Honda Atlas Cars Ltd sales increased by 57 percent month-on-month.
(c) Hyundai Nishat Motors recorded a year-on-year decline in sales.
(d) Pak Suzuki Motor Company recorded a 53 percent year-on-year increase.
Explanation: Honda Atlas Cars Ltd sales actually fell by 42 percent month-on-month in February 2026, not increased. The other three statements are factually accurate according to the reported data. [Source: https://www.dawn.com/news/1980724/auto-sales-rise-43pc-in-july-february, 11 Mar 2026]
#1584
Consider the following statements about the automotive sector in 8MFY26: 1. The sharp month-on-month decline in February 2026 sales was partly attributed to a high base effect from January. 2. Lower interest rates and easing inflation were cited as key drivers for year-on-year growth. 3. Tractor sales experienced a significant year-on-year growth of 43 percent during the 8MFY26 period. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statements 1 and 2 are correct as they reflect the market analysis provided by industry experts. Statement 3 is incorrect because tractor sales actually plunged by 21 percent year-on-year, not grew by 43 percent. [Source: https://www.dawn.com/news/1980724/auto-sales-rise-43pc-in-july-february, 11 Mar 2026]
#1585
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.
(a) 2, 3, 4, 1
(b) 3, 2, 4, 1
(c) 2, 1, 3, 4
(d) 4, 2, 3, 1
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]
#1586
What was the recorded inflation rate in Pakistan for the month of February 2026?
(a) 5.80 percent
(b) 6.98 percent
(c) 7.15 percent
(d) 8.20 percent
Explanation: Inflation rose to 6.98 percent year-on-year in February 2026, up from 5.8 percent in January. This represents the highest level recorded since October 2024. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#1587
Consider the following statements about the economic indicators in February 2026: 1. Pakistan's trade deficit widened to approximately $3 billion. 2. Urea offtake recorded a significant increase compared to the previous year. 3. Liquid foreign exchange reserves held by the State Bank of Pakistan stood at $16.3 billion. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 2 is incorrect because urea offtake actually fell by 28 percent year-on-year, reaching the lowest monthly level recorded. Statements 1 and 3 are factually accurate based on the reported economic data. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#1588
Consider the following statements about the Pakistan-Canada diplomatic engagement in 2026: 1. The sixth round of Bilateral Political Consultations was held in Islamabad in February 2026. 2. Canada hosted the second round of negotiations for a Foreign Investment Promotion and Protection Agreement in June 2026. 3. The Canadian Foreign Minister is expected to meet with the President of Pakistan during her visit. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statements 1 and 2 are factually correct regarding the 2026 diplomatic timeline. Statement 3 is incorrect because the report specifies that the Canadian Foreign Minister is expected to meet with Prime Minister Shehbaz Sharif, not the President. [Source: https://www.dawn.com/news/2016734/canadian-foreign-minister-anita-anand-to-visit-pakistan-on-monday, 19 Jul 2026]
#1589
According to the SBP statement released on March 9, 2026, what was the inflation rate recorded in February 2026?
(a) 5.8 percent
(b) 7.0 percent
(c) 8.2 percent
(d) None of these
Explanation: The SBP reported that inflation rose to 5.8 percent in January and 7 percent in February 2026. Option D is incorrect because 7 percent is explicitly mentioned as the February figure. [Source: https://www.dawn.com/news/1980133/sbp-maintains-policy-rate-at-105pc, 09 Mar 2026]
#1590
Consider the following statements about the economic impact of the 2026 fuel crisis in Pakistan: 1. The government introduced a targeted fuel subsidy programme following significant price hikes in April 2026. 2. The conflict involving Iran began on February 28, 2026, triggering global supply chain disruptions. 3. The price of petrol and high-speed diesel is revised on a monthly basis by the Petroleum Division. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 and 2 are correct as they reflect the government's fiscal response and the timeline of the conflict. Statement 3 is incorrect because the government revises prices on a weekly basis, not monthly. [Source: https://www.dawn.com/news/2000498/govt-reduces-petrol-diesel-prices-by-rs5, 15 May 2026]
#1591
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?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
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]
#1592
Consider the following statements about the diplomatic efforts in 2026: 1. Pakistan has been actively working to bring Tehran and Washington to the table for talks. 2. The Iranian Foreign Minister visited Pakistan twice within a two-day period. 3. The conflict involving Iran began with US-Israeli strikes on February 28, 2026. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: All three statements are factually accurate based on the diplomatic events of April 2026. Pakistan's mediation role, the frequency of the Iranian minister's visits, and the timeline of the conflict's origin are all verified details. [Source: https://www.dawn.com/news/1995258/irans-araghchi-visits-pakistan-for-2nd-time-in-two-days-envoy-says-trip-undertaken-to-discuss-regional-developments, 26 Apr 2026]
#1593
Which of the following events occurred at the onset of the conflict in February 2026?
(a) The formal dissolution of the Gulf Cooperation Council
(b) The signing of a permanent ceasefire agreement
(c) The assassination of the Iranian supreme leader
(d) The total withdrawal of US forces from the region
Explanation: The conflict was marked by the assassination of the then-supreme leader Ayatollah Ali Khamenei during the initial strikes. The other options describe events that did not occur at the start of this specific conflict. [Source: https://www.dawn.com/news/1984609/in-phone-call-with-pezeshkian-pm-stresses-urgent-need-for-collective-efforts-for-de-escalation-in-mideast, 23 Mar 2026]
#1594
Consider the following statements about the diplomatic developments in June 2026: 1. The talks were held to address the conflict that began in late February. 2. Prime Minister Shehbaz Sharif participated as a mediator in the process. 3. The technical-level talks were scheduled to conclude immediately upon the departure of the delegations from Switzerland. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statements 1 and 2 are correct as the conflict began in late February and the Prime Minister acted as a mediator. Statement 3 is incorrect because the technical-level talks were scheduled to continue for the rest of the week following the summit. [Source: https://www.dawn.com/news/2009504/pm-shehbaz-cdf-asim-munir-depart-for-switzerland-to-attend-iran-us-talks, 20 Jun 2026]
#1595
Consider the following statements about the diplomatic developments in April 2026: 1. Pakistan is acting as a mediator to facilitate talks between Tehran and Washington. 2. The Iranian Foreign Minister visited Pakistan twice within a span of two days. 3. The conflict involving Iran began with US-Israeli strikes on February 28, 2026. Which of the statements given above are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: All three statements are factually accurate based on the provided report. Pakistan is actively mediating, the minister made two visits in two days, and the conflict timeline is correctly identified. [Source: https://www.dawn.com/news/1995258/irans-araghchi-visits-pakistan-for-2nd-time-in-two-days-envoy-says-trip-undertaken-to-discuss-regional-developments, 26 Apr 2026]
#1596
Consider the following statements about the 2026 diplomatic developments: 1. Prime Minister Shehbaz Sharif scheduled visits to Iran and Turkiye to promote the peace process. 2. The war in the Middle East, which began in February 2026, significantly impacted global energy markets. 3. Iran's President Masoud Pezeshkian proposed a regional security structure that includes external powers. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is correct as the PM scheduled these visits for early July 2026. Statement 2 is correct as the conflict disrupted shipping and energy markets. Statement 3 is incorrect because President Pezeshkian specifically called for a structure without the interference of countries from outside the region. [Source: https://www.dawn.com/news/2011670/pm-shehbaz-to-visit-iran-turkiye-as-part-of-mediation-efforts-to-end-middle-east-war-sources, 29 Jun 2026]
#1597
Consider the following statements about the diplomatic developments in 2026: 1. Pakistan initiated contact with regional leaders immediately following the start of the conflict on February 28. 2. The US-Iran talks in Islamabad were aimed at addressing the global fuel crisis and regional instability. 3. The quadrilateral moot in Islamabad included representatives from the United States and Iran. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statements 1 and 2 are correct as they reflect the timeline of Pakistan's diplomatic engagement and the objectives of the talks. Statement 3 is incorrect because the quadrilateral moot involved Saudi Arabia, Egypt, Turkiye, and Pakistan, not the US or Iran directly. [Source: https://www.dawn.com/news/1991120/dar-briefs-turkish-saudi-egyptian-fms-on-islamabad-talks-reaffirms-support-for-diplomacy-and-dialogue, 12 Apr 2026]
#1598
Consider the following statements about the political transition in the UK in 2026: 1. Andy Burnham was elected as the new Labour leader after a competitive vote against multiple candidates. 2. The Labour Party maintains its parliamentary majority based on the results of the 2024 general elections. 3. Andy Burnham previously served in the cabinet under former Prime Minister Gordon Brown. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is incorrect because Burnham was confirmed as leader due to there being no other eligibly nominated candidate, not through a competitive vote. Statements 2 and 3 are factually accurate. [Source: https://www.dawn.com/news/2016211/andy-burnham-elected-new-labour-leader-now-set-to-be-uk-pm, 17 Jul 2026]
#1599
In which legislative body was the Civil Servants (Amendment) Bill, 2024, discussed regarding the restriction of dual nationals?
(a) Punjab Assembly
(b) Senate of Pakistan
(c) National Assembly Standing Committee on Cabinet Secretariat
(d) None of these
Explanation: The Civil Servants (Amendment) Bill, 2024, was taken up by the National Assembly Standing Committee on Cabinet Secretariat. The Punjab Assembly resolution is a separate legislative action. [Source: https://www.dawn.com/news/2017045/pml-n-mpa-seeks-ban-on-appointment-of-dual-nationals-to-government-service, 20 Jul 2026]
#1600
Consider the following statements about the recent petroleum sector developments: 1. The government has committed to submitting a summary regarding dealers' margins to the federal cabinet. 2. The APPPOA demanded that fuel prices be fixed on a monthly basis permanently. 3. The government has utilized approximately Rs100 billion to mitigate the impact of rising fuel prices since February 2026. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is correct as the minister confirmed a summary would be submitted. Statement 3 is correct regarding the fiscal support provided. Statement 2 is incorrect because the association was negotiating the transition from the new daily system, not demanding a permanent monthly fix as a primary condition. [Source: https://www.dawn.com/news/2017561/petrol-pump-owners-defer-strike-call-after-talks-with-petroleum-minister, 22 Jul 2026]