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.
#1761
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]
#1762
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]
#1763
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]
#1764
Consider the following statements about the current situation in the Strait of Hormuz: 1. The conflict involving the United States and Israel began in February 2026. 2. A ceasefire has been in effect in the region since April 2026. 3. The PGSA is the only body authorized to manage the strait, with no involvement from the Revolutionary Guards. 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 timeline of the conflict and the ceasefire. Statement 3 is incorrect because the Revolutionary Guards' navy actively shared and supported the announcement of the PGSA, indicating their involvement. [Source: https://www.dawn.com/news/2001272/iran-officially-announces-new-body-to-manage-strait-of-hormuz-top-security-council, 18 May 2026]
#1765
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]
#1766
Consider the following statements about the geopolitical situation in April 2026: 1. The US-Israeli conflict with Iran commenced in February 2026. 2. The United States prohibited Israel from further bombing in Lebanon. 3. The International Monetary Fund warned that a prolonged conflict could lead to a global recession. 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 provided information. The conflict began on February 28, 2026, the US issued a prohibition on further Israeli bombing in Lebanon, and the IMF issued warnings regarding the impact of the conflict on global economic growth. [Source: https://www.dawn.com/news/1992627/iran-says-strait-of-hormuz-open-for-commercial-vessels-after-lebanon-deal, 17 Apr 2026]
#1767
What was the total amount of public debt in Pakistan as of February 2026?
(a) Rs82.1 trillion
(b) Rs75.5 trillion
(c) Rs79.3 trillion
(d) Rs68.4 trillion
Explanation: Pakistan's total public debt reached Rs79.3 trillion in February 2026, marking a 1 percent increase month-on-month. This figure represents a 10 percent rise compared to the same period in the previous year. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#1768
Which prestigious civilian award was conferred upon Prince Rahim al-Hussaini Aga Khan V in 2024?
(a) Tamgha-i-Pakistan
(b) Hilal-i-Pakistan
(c) Sitara-i-Pakistan
(d) Nishan-i-Pakistan
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]
#1769
What was the specific percentage of the duty that Washington rolled back on Indian exports in February 2026?
(a) 10 percent
(b) 25 percent
(c) 15 percent
(d) 30 percent
Explanation: The United States reduced a 25 percent duty on Indian exports as part of an interim trade deal. This adjustment followed New Delhi's stated commitment regarding its energy procurement policies. [Source: https://www.dawn.com/news/1979646/new-delhi-continues-importing-russian-oil, 08 Mar 2026]
#1770
Consider the following statements about the US-Iran conflict as of April 19, 2026: 1. The US-Israeli strikes on Iran commenced on February 28, 2026. 2. President Trump threatened to target Iranian power plants and bridges if the proposed deal is rejected. 3. The Strait of Hormuz was closed by Iran in response to the US blockade of Iranian ports. 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 report: the strikes began on February 28, the threat to infrastructure was explicitly made by President Trump, and Iran cited the US blockade as the reason for closing the Strait of Hormuz. [Source: https://www.dawn.com/news/1993224/trump-says-us-representatives-heading-to-islamabad-will-be-there-tomorrow-evening-for-negotiations-with-iran, 19 Apr 2026]
#1771
Consider the following statements about the diplomatic developments in April 2026: 1. The first round of direct US-Iran talks in Islamabad concluded with a formal peace agreement. 2. Deputy Prime Minister Ishaq Dar held discussions with Iranian Foreign Minister Abbas Araghchi regarding regional stability. 3. The hostilities between the US and Iran were initially triggered by strikes occurring 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: Statement 1 is incorrect because the first round of talks in Islamabad ended without a formal agreement, though it also avoided a breakdown. Statements 2 and 3 are factually accurate based on the reported diplomatic timeline. [Source: https://www.dawn.com/news/1993250/in-45-minute-phone-call-with-pezeshkian-pm-shehbaz-reaffirms-pakistans-commitment-to-advancing-regional-peace, 19 Apr 2026]
#1772
What is the name of the military operation launched by Pakistan on February 26, 2026, to target terrorist hideouts following cross-border firing?
(a) Operation Zarb-e-Azb
(b) Operation Radd-ul-Fasaad
(c) Operation Ghazab lil-Haq
(d) None of these
Explanation: Operation Ghazab lil-Haq was initiated in February 2026 in response to persistent border provocations. The other options refer to historical military operations conducted in previous years. [Source: https://www.dawn.com/news/2016755/security-forces-counter-unprovoked-firing-by-afghan-taliban-targeting-kurram-border-posts, 19 Jul 2026]
#1773
Consider the following statements about the joint statement issued on April 23, 2026: 1. The ministers condemned the raising of the Israeli flag within the courtyards of Al-Aqsa Mosque. 2. The statement cited the 2024 advisory opinion of the International Court of Justice regarding illegal settlements. 3. The ministers declared that the Al-Aqsa compound is a place of worship exclusively for Muslims. 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 joint statement. The ministers condemned the flag-raising, referenced the 2024 ICJ advisory opinion, and reiterated the exclusive status of the site for Muslim worship. [Source: https://www.dawn.com/news/1994444/pakistan-7-other-muslim-nations-reject-attempts-to-alter-historic-legal-status-quo-in-jerusalem-at-its-holy-sites, 23 Apr 2026]
#1774
Which specific operation was launched by Islamabad on February 27, 2026, following cross-border firing?
(a) Operation Zarb-e-Azb
(b) Operation Ghazab lil-Haq
(c) Operation Radd-ul-Fasaad
(d) Operation Khyber-IV
Explanation: Operation Ghazab lil-Haq was initiated by Pakistan on February 27, 2026, in response to unprovoked cross-border firing. The other operations listed are historical military campaigns. [Source: https://www.brecorder.com/news/40410948/pakistans-ct-operations-focused-on-neutralising-cross-border-threats-from-afghan-soil, 10 Mar 2026]
#1775
Which military operation was launched by Pakistan in late February 2026 following cross-border firing incidents?
(a) Operation Zarb-e-Azb
(b) Operation Ghazab lil-Haq
(c) Operation Radd-ul-Fasaad
(d) Operation Khyber-IV
Explanation: Operation Ghazab lil-Haq was initiated in response to unprovoked firing from across the border. The other operations listed are historical military campaigns. [Source: https://www.dawn.com/news/1980547/official-sources-dismiss-reports-of-pakistan-sending-delegation-to-kabul-for-talks-with-afghan-taliban, 10 Mar 2026]
#1776
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?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
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]
#1777
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]
#1778
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?
(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 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]
#1779
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]
#1780
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]