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.
#1881
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]
#1882
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]
#1883
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]
#1884
Consider the following statements about the Punjab government's official jet controversy: 1. The aircraft's registration number was initially reported as N144S. 2. The government has threatened legal action against those spreading fake news under the Defamation Law 2024. 3. The aircraft was purchased primarily for the personal use of the Senior Minister. 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 registration N144S was reported. Statement 2 is correct as the government invoked the Defamation Law 2024. Statement 3 is incorrect because the aircraft was acquired for the Chief Minister's use, not the Senior Minister's. [Source: https://www.dawn.com/news/1982339/punjab-govt-to-take-legal-action-against-those-involved-in-malicious-campaign-over-use-of-official-jet, 15 Mar 2026]
#1885
Consider the following statements about the regional situation as of July 12, 2026: 1. Pakistan has officially expressed deep concern over the escalation in the Middle East. 2. The United States and Iran have engaged in fresh strikes against each other. 3. The Islamabad MoU was signed in February 2026 to initiate the conflict. 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 factually correct based on the Foreign Office statement and the reported military activities. Statement 3 is incorrect because the MoU was signed in June 2026, not February, and it was intended to end the war, not initiate it. [Source: https://www.dawn.com/news/2014857/pakistan-expresses-deep-concern-over-middle-east-escalation-urges-all-sides-to-exercise-restraint, 12 Jul 2026]
#1886
Consider the following statements about the legal proceedings concerning Margalla Hills National Park: 1. The Supreme Court's 2024 judgment declared the operator of Monal restaurant to be a trespasser. 2. The FCC ruling on July 13, 2026, maintained that administrative matters should be decided by relevant regulatory bodies. 3. The Supreme Court's 2024 judgment was based on the premise that the restaurants were beneficial for the park's biodiversity. 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 3 is incorrect because the Supreme Court's 2024 judgment argued the exact opposite: that the restaurants were damaging the park's biodiversity and environment. Statements 1 and 2 are accurate reflections of the legal history and the recent FCC findings. [Source: https://www.dawn.com/news/2015144/fcc-sets-aside-sc-judgment-that-allowed-demolition-of-restaurants-in-margalla-hills-national-park, 13 Jul 2026]
#1887
Consider the following statements about RLNG pricing and distribution in Pakistan: 1. The final sale price of RLNG includes profit margins for importers like Pakistan State Oil. 2. Unaccounted For Gas (UFG) refers to system losses that contribute to higher distribution costs. 3. The basket price for March 2026 was calculated based on a higher volume of cargoes compared to 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 and 2 are correct as they describe the cost components and the impact of UFG. Statement 3 is incorrect because the number of cargoes decreased from eight in February to only two in March. [Source: https://www.dawn.com/news/1981311/ogra-notifies-massive-increase-in-rlng-price-for-march, 12 Mar 2026]
#1888
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]
#1889
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 called for the immediate annexation of the West Bank to ensure regional stability. 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 ministers condemned the raising of the Israeli flag. Statement 2 is correct as the statement referenced the 2024 ICJ advisory opinion. Statement 3 is incorrect because the ministers categorically rejected any attempts to annex occupied Palestinian territory. [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]
#1890
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]
#1891
Which entity vowed to target Benjamin Netanyahu following the events of February 2026?
(a) Hezbollah
(b) The Palestinian Authority
(c) The Syrian Arab Army
(d) The Iranian Revolutionary Guards
Explanation: Iran's Revolutionary Guards issued a statement via their website, Sepah News, vowing to pursue and target Netanyahu. This followed the escalation of hostilities in the region. [Source: https://www.dawn.com/news/1982385/i-am-dead-for-coffee-israeli-pm-netanyahu-posts-his-video-amid-speculation-about-his-death, 15 Mar 2026]
#1892
What is the name of the military operation launched by Pakistan in late February 2026 following cross-border firing?
(a) Operation Zarb-e-Azb
(b) Operation Radd-ul-Fasaad
(c) Operation Khyber-Shield
(d) Operation Ghazab lil-Haq
Explanation: Operation Ghazab lil-Haq was initiated by Pakistan in response to unprovoked firing from across the border. The other options refer to historical or hypothetical military operations. [Source: https://www.dawn.com/news/1981371/brief-pause-in-fighting-between-pak-afghan-forces-to-identify-retrieve-body-at-torkham, 12 Mar 2026]
#1893
The five reservists were initially charged in February 2025 for an incident that took place in which month of the previous year?
(a) July 2024
(b) May 2024
(c) September 2024
(d) December 2024
Explanation: The military reported that the abuse occurred in July 2024. The other months are incorrect distractors within the same calendar year. [Source: https://www.dawn.com/news/1981395/israel-drops-indictment-of-five-soldiers-accused-of-sexually-assaulting-palestinian-detainee, 12 Mar 2026]
#1894
Consider the following statements about the US military operations in the Middle East as of March 2026: 1. The US military has been conducting operations against Iran since February 28, 2026. 2. The KC-135 aircraft involved in the crash was manufactured by Lockheed Martin. 3. The US military reported that 150 US troops have been wounded in the conflict with Iran.
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is correct as operations began on February 28, 2026. Statement 2 is incorrect because the KC-135 is manufactured by Boeing, not Lockheed Martin. Statement 3 is correct based on reports regarding US casualties in the conflict. [Source: https://www.dawn.com/news/1981530/us-refuelling-aircraft-crashes-in-western-iraq-us-military, 12 Mar 2026]
#1895
Which of the following statements regarding Pakistan's remittance inflows during the July-February period of FY26 is INCORRECT?
(a) Total remittances from Arab countries accounted for 53.3 percent of total inflows.
(b) Remittances from the United States were higher than those from the European Union.
(c) The UAE recorded a 12 percent increase in remittances to Pakistan.
(d) Remittances from the United Kingdom reached 4 billion dollars.
Explanation: The United States sent 2.3 billion dollars, whereas the European Union countries sent 3.5 billion dollars. Therefore, the statement that US inflows were higher is false. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]
#1896
In 2024, which Indian regulatory body investigated Amazon for alleged breaches of competition laws related to deep discounting?
(a) Securities and Exchange Board of India
(b) Insurance Regulatory and Development Authority
(c) Reserve Bank of India
(d) Competition Commission of India
Explanation: The Competition Commission of India (the antitrust watchdog) conducted the investigation into Amazon's business practices. The other bodies listed regulate financial markets, banking, and insurance, respectively. [Source: https://www.brecorder.com/news/40431461/india-relaxes-e-commerce-investment-rules-for-exports-in-win-for-amazon, 23 Jul 2026]
#1897
What was the total amount of remittances received by Pakistan in February 2026?
(a) 2.5 billion dollars
(b) 3.3 billion dollars
(c) 4.0 billion dollars
(d) None of these
Explanation: The State Bank of Pakistan reported that remittances remained steady in February 2026, totaling 3.3 billion dollars. This figure highlights the resilience of inflows despite the onset of regional conflict. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]
#1898
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]
#1899
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]
#1900
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]