July 2024 Edition

July 2024 Current Affairs MCQs & Solutions

Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.

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#2461

Consider the following statements about the July 26, 2026, Caspian Sea incident: 1. The attack involved the use of long-range drone strikes. 2. The Iranian vessel was reported to have exploded following the strike. 3. The Ukrainian President denied that any military cargo was being transported by the targeted vessels. 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 accurate based on the reports of the drone strikes and the resulting explosion. Statement 3 is incorrect because the Ukrainian President and intelligence services explicitly claimed the vessels were involved in transporting military cargo. [Source: https://www.dawn.com/news/2018502/iran-accuses-ukraine-of-deadly-attack-on-ship-in-caspian-sea, 26 Jul 2026]
#2462

Which of the following statements regarding the flood situation in Muridke as of July 27, 2026, is INCORRECT?

(a) Residents were forced to evacuate their homes using small motor boats.
(b) The flooding was caused by heavy monsoon rains.
(c) Displaced residents faced severe shortages of clean water and food.
(d) Official state rescue teams were the only entities conducting evacuation operations.
Explanation: The statement is incorrect because the report highlights that volunteer rescuers were actively conducting operations, with some residents complaining that no official rescue teams had reached them after four days. The other options accurately reflect the conditions described in the report. [Source: https://www.brecorder.com/news/40432025/flooding-forces-residents-to-flee-homes-by-boat-in-pakistan, 27 Jul 2026]
#2463

Which of the following statements regarding the market situation on July 27, 2026, is INCORRECT?

(a) The US dollar index slipped to 101.23.
(b) Brent crude prices increased due to heightened military activity.
(c) The British pound rose against the US dollar.
(d) The euro appreciated against the US dollar.
Explanation: Brent crude prices actually decreased (dropped) due to the pause in military strikes, not increased. Options A, B, and D are factually accurate based on the provided market data. [Source: https://www.brecorder.com/news/40431957/dollar-pulls-back-as-us-iran-attacks-pause-oil-drops, 27 Jul 2026]
#2464

Which of the following airline companies saw their share prices increase on July 27, 2026?

(a) Lufthansa
(b) Air France
(c) British Airways
(d) Emirates
Explanation: Lufthansa, along with IAG and Ryanair, saw their share prices rise as lower oil prices improved their operational outlook. The other options were not mentioned as specific gainers in the report. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#2465

In which administrative division of Azad Jammu and Kashmir was the first phase of the Legislative Assembly elections held on July 27, 2026?

(a) Muzaffarabad Division
(b) Mirpur Division
(c) Poonch Division
(d) None of these
Explanation: The first phase of the AJK Legislative Assembly elections took place specifically in the Mirpur division. Muzaffarabad and Poonch are other administrative divisions of AJK but were not the focus of this specific electoral phase. [Source: https://www.brecorder.com/news/40431988/polling-underway-in-first-phrase-of-ajk-elections-across-mirpur-division, 27 Jul 2026]
#2466

Which of the following statements regarding the meeting on July 27, 2026, is INCORRECT?

(a) The meeting was held at the General Headquarters in Rawalpindi.
(b) The delegation included representatives from the US House of Representatives.
(c) Field Marshal Asim Munir highlighted the importance of structural reforms.
(d) The discussions excluded any mention of bilateral economic cooperation.
Explanation: The statement that discussions excluded economic cooperation is incorrect, as economic engagement and trade partnerships were primary agenda items during the meeting. The other three options accurately reflect the events of the day. [Source: https://www.brecorder.com/news/40432023/us-lawmakers-meet-field-marshal-munir-discuss-security-economic-cooperation, 27 Jul 2026]
#2467

Which river's rising water levels were identified as the primary cause of the flooding in Muridke on July 27, 2026?

(a) River Chenab
(b) River Ravi
(c) River Jhelum
(d) River Sutlej
Explanation: The flooding in Muridke was directly attributed to the rise in water levels of the River Ravi. The other rivers listed are major tributaries in Punjab but were not cited as the cause of this specific event. [Source: https://www.brecorder.com/news/40432025/flooding-forces-residents-to-flee-homes-by-boat-in-pakistan, 27 Jul 2026]
#2468

Which of the following statements regarding the market conditions on July 27, 2026, is INCORRECT?

(a) Energy stocks experienced a decline of 2%.
(b) Brent crude oil prices increased due to heightened geopolitical tensions.
(c) Utility stocks were among the few sectors that declined.
(d) The STOXX 600 index reached a level of 649.34.
Explanation: The statement that oil prices increased is false; in fact, Brent crude oil prices dropped by 6% due to the de-escalation of tensions. The other three statements accurately reflect the market data provided. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#2469

Consider the following statements about the market environment on July 27, 2026: 1. Investors are preparing for quarterly earnings reports from major U.S. technology companies. 2. The decline in oil prices negatively impacted the travel and leisure sector. 3. The STOXX 600 index rose as a result of reduced geopolitical tensions between the U.S. 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: Statement 1 is correct as investors are scrutinizing Big Tech earnings. Statement 3 is correct as the market rally was driven by de-escalation. Statement 2 is incorrect because lower oil prices actually boosted the travel and leisure sector, rather than negatively impacting it. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#2470

What proportion of the total flood-related deaths reported in Pakistan by July 27, 2026, occurred in the province of Punjab?

(a) Approximately one-fourth
(b) Approximately one-third
(c) Approximately one-half
(d) None of these
Explanation: Official disaster management data indicated that approximately one-third of the total 109 flood-related deaths occurred in Punjab. This highlights the disproportionate impact of the monsoon on the province. [Source: https://www.brecorder.com/news/40432025/flooding-forces-residents-to-flee-homes-by-boat-in-pakistan, 27 Jul 2026]
#2471

Which sector led the gains in the European stock market on July 27, 2026?

(a) Energy sector
(b) Travel and leisure sector
(c) Utility sector
(d) None of these
Explanation: The travel and leisure sector led the market gains with a 2.4% increase, benefiting from the decline in oil prices. Energy and utility stocks were the only sectors to decline during the session. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#2472

According to the official statement regarding the July 27, 2026 meeting, what did Field Marshal Asim Munir identify as being closely linked to sustainable regional stability?

(a) Military expansion
(b) Economic growth and trade expansion
(c) Border fencing projects
(d) None of these
Explanation: Field Marshal Munir highlighted that sustainable regional stability is closely linked to economic growth, trade expansion, and regional connectivity. This reflects the current focus on economic diplomacy. [Source: https://www.brecorder.com/news/40432023/us-lawmakers-meet-field-marshal-munir-discuss-security-economic-cooperation, 27 Jul 2026]
#2473

Consider the following statements about the flood-related crisis in Pakistan as of July 27, 2026: 1. The flooding in Muridke was exacerbated by the overflow of the River Ravi. 2. Flood-related deaths have been attributed solely to house collapses. 3. Volunteer rescuers were involved in evacuating residents from approximately a dozen villages. 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 River Ravi overflowed. Statement 2 is incorrect because deaths were caused by both drowning and house collapses. Statement 3 is correct as volunteers were working in about a dozen villages. [Source: https://www.brecorder.com/news/40432025/flooding-forces-residents-to-flee-homes-by-boat-in-pakistan, 27 Jul 2026]
#2474

Which US Congressman from Montana was part of the delegation that met with the Pakistani military leadership on July 27, 2026?

(a) Ryan Keith Zinke
(b) Michael James
(c) Mike Johnson
(d) None of these
Explanation: Congressman Ryan Keith Zinke of Montana was one of the two US representatives who visited the GHQ. Michael James of Washington was the other member of the delegation. [Source: https://www.brecorder.com/news/40432023/us-lawmakers-meet-field-marshal-munir-discuss-security-economic-cooperation, 27 Jul 2026]
#2475

The meeting between the US lawmakers and the Pakistani military leadership on July 27, 2026, primarily focused on which of the following areas?

(a) Climate change mitigation
(b) Educational exchange programs
(c) Regional security and economic cooperation
(d) Space exploration technology
Explanation: The discussions centered on regional security, bilateral defence cooperation, and avenues for expanding economic engagement. These topics are central to the strategic alignment between the two nations. [Source: https://www.brecorder.com/news/40432023/us-lawmakers-meet-field-marshal-munir-discuss-security-economic-cooperation, 27 Jul 2026]
#2476

Which of the following statements regarding the market performance on July 27, 2026, is INCORRECT?

(a) The Pakistani Rupee appreciated against the Euro in the open market.
(b) The US Dollar weakened against major peers like the Yen and the Euro.
(c) The Pakistani Rupee gained marginally against the US Dollar in the inter-bank market.
(d) Brent crude futures experienced a decline in price.
Explanation: In the open market, the Pakistani Rupee actually lost value against the Euro, closing at 319.79 for buying and 322.67 for selling. Therefore, the statement claiming appreciation is false. [Source: https://www.brecorder.com/news/40431965/pakistani-rupee-registers-gain-against-us-dollar, 27 Jul 2026]
#2477

Consider the following statements about the economic indicators on July 27, 2026: 1. The Pakistani Rupee recorded a gain of Re0.01 against the US Dollar in the inter-bank market. 2. The State Bank of Pakistan increased the policy rate to 12.5%. 3. Brent crude futures fell by approximately 6% during the session. 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 Rupee gained Re0.01. Statement 2 is incorrect because the policy rate was maintained at 11.5%, not increased. Statement 3 is correct as Brent crude fell by about 6% to $90.93. [Source: https://www.brecorder.com/news/40431965/pakistani-rupee-registers-gain-against-us-dollar, 27 Jul 2026]
#2478

Consider the following statements about the first phase of the AJK elections held on July 27, 2026: 1. The total number of registered voters across the Mirpur division exceeded 1.4 million. 2. Polling was conducted in six districts of the Mirpur division. 3. The polling time was extended by one hour before concluding at 6:00pm. 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 over 1.4 million voters were registered. Statement 3 is correct regarding the one-hour extension. Statement 2 is incorrect because polling was held in three districts (Kotli, Bhimber, and Mirpur), not six. [Source: https://www.brecorder.com/news/40431988/polling-concludes-across-mirpur-division-in-first-phase-of-ajk-elections, 27 Jul 2026]
#2479

What is the new price of petrol per litre following the government's adjustment on July 27, 2026?

(a) Rs520.35
(b) Rs386.83
(c) Rs458.41
(d) Rs334.18
Explanation: Following the adjustment announced on July 27, 2026, the price of petrol was set at Rs334.18 per litre. The other figures represent either the price of HSD or historical peak prices mentioned in the report. [Source: https://www.dawn.com/news/2018803/govt-decreases-petrol-price-by-re1-increases-hsd-price-by-rs337, 27 Jul 2026]
#2480

Which of the following US Congressmen was part of the delegation that visited Pakistan in July 2026?

(a) Ryan Keith Zinke
(b) Michael McCaul
(c) Brad Sherman
(d) None of these
Explanation: Ryan Keith Zinke, representing Montana, was one of the two US congressmen who visited Pakistan. Michael James was the other member of the delegation, making 'None of these' incorrect as Zinke is explicitly listed. [Source: https://www.dawn.com/news/2018779/in-meeting-with-cdf-munir-us-congressmen-acknowledge-pakistans-critical-role-in-regional-stability-ispr, 27 Jul 2026]