July 2024 Edition
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July 2024 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#3881
Which Indian financial institution experienced its steepest weekly decline in 2-1/2 years on July 24, 2026?
(a) Axis Bank
(b) ICICI Bank
(c) HDFC Bank
(d) State Bank of India
Explanation: HDFC Bank recorded a 9.4% decline, marking its sharpest weekly drop in 2-1/2 years due to investor concerns regarding margins. Axis Bank also declined, but HDFC Bank was identified as the primary weight on the benchmark indexes. [Source: https://www.brecorder.com/news/40431634/indian-shares-log-weekly-losses-as-crude-climbs-hdfc-bank-tumbles, 24 Jul 2026]
#3882
Which of the following statements regarding the German court ruling on July 25, 2026, is INCORRECT?
(a) The court ruled that the interior ministry acted in an arbitrary fashion.
(b) The ruling mandates that the government must review the details of individual cases.
(c) The plaintiff was an Afghan woman who had been waiting for a visa since 2024.
(d) The court upheld the interior ministry's decision to invalidate all 600 visas.
Explanation: The court explicitly ruled against the ministry's decision to invalidate the visas, making the incorrect statement. The other options accurately reflect the court's findings and the background of the case. [Source: https://www.dawn.com/news/2018224/court-rules-against-berlin-in-afghan-resettlement-case, 25 Jul 2026]
#3883
Which regulatory body is responsible for setting daily petroleum prices under the new mechanism introduced on July 25, 2026?
(a) State Bank of Pakistan
(b) Competition Commission of Pakistan
(c) Ministry of Finance
(d) Oil and Gas Regulatory Authority
Explanation: The Oil and Gas Regulatory Authority (OGRA) is the designated body tasked with setting daily fuel prices using Platts benchmark rates. This shift is intended to reduce political interference and ensure transparency in the pricing structure. [Source: https://www.dawn.com/news/2018248/daily-fuel-pricing, 25 Jul 2026]
#3884
Who resigned from the position of Education Minister in India on July 25, 2026?
(a) Jitendra Singh
(b) Dharmendra Pradhan
(c) J.P. Nadda
(d) None of these
Explanation: Dharmendra Pradhan resigned from his post as Education Minister following nationwide protests regarding examination irregularities. Jitendra Singh and J.P. Nadda were present at a press conference following the resignation but were not the ministers who resigned. [Source: https://www.dawn.com/news/2018286/indias-education-minister-resigns-after-youth-protests, 25 Jul 2026]
#3885
Who resigned from the position of India's Education Minister on July 25, 2026?
(a) J.P. Nadda
(b) Dharmendra Pradhan
(c) Jitendra Singh
(d) None of these
Explanation: Dharmendra Pradhan resigned as the Education Minister of India on July 25, 2026, following intense nationwide protests over examination paper leaks. J.P. Nadda and Jitendra Singh were present at a press conference regarding the situation but were not the ministers who resigned. [Source: https://www.dawn.com/news/2018286/cockroaches-won-indias-education-minister-resigns-after-days-of-youth-protests, 25 Jul 2026]
#3886
Consider the following statements about the events of July 25, 2026: 1. The Education Minister submitted his resignation directly to Prime Minister Narendra Modi. 2. The CJP movement demanded the resignation of the Education Minister due to NEET examination paper leaks. 3. The government rejected the 5-point exam reform charter proposed by the CJP movement. 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 as the minister sent his resignation to the Prime Minister and the protests were indeed over NEET leaks. Statement 3 is incorrect because the government agreed to consider the 5-point reform charter. [Source: https://www.dawn.com/news/2018286/cockroaches-won-indias-education-minister-resigns-after-days-of-youth-protests, 25 Jul 2026]
#3887
Consider the following statements about the events in New Delhi in July 2026: 1. The protest site at Jantar Mantar was cleared by municipal workers following the government's concessions. 2. The movement was limited exclusively to demands regarding the NEET examination irregularities. 3. Prime Minister Narendra Modi announced the task force via a video statement posted to X. 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 3 are factually correct. Statement 2 is incorrect because the movement evolved to include broader concerns such as unemployment, youth opportunities, and criticism of the government's authoritarian style, extending beyond just the NEET exam. [Source: https://www.dawn.com/news/2018534/modi-announces-panel-to-reform-indias-exam-system-anti-govt-graffiti-at-protest-site-painted-over, 26 Jul 2026]
#3888
The resignation of the Indian Education Minister in July 2026 was primarily triggered by:
(a) Alleged irregularities in the NEET examination
(b) Internal party leadership disputes
(c) Failure to implement the national budget
(d) None of these
Explanation: The protests and the subsequent resignation of the Education Minister were driven by widespread allegations of irregularities in the NEET examination system. This issue became a catalyst for broader student dissatisfaction with the government. [Source: https://www.dawn.com/news/2018534/modi-announces-panel-to-reform-indias-exam-system-anti-govt-graffiti-at-protest-site-painted-over, 26 Jul 2026]
#3889
The primary site of the anti-government protests in New Delhi during July 2026 was:
(a) Jantar Mantar
(b) Red Fort
(c) India Gate
(d) Connaught Place
Explanation: Jantar Mantar served as the central location for the protests where demonstrators gathered to demand education reforms and express grievances against the government. The site became notable for its 'wall of shame' featuring protest graffiti. [Source: https://www.dawn.com/news/2018534/modi-announces-panel-to-reform-indias-exam-system-anti-govt-graffiti-at-jantar-mantar-painted-over, 26 Jul 2026]
#3890
The resignation of the Indian Education Minister in July 2026 was primarily linked to:
(a) Alleged NEET exam irregularities
(b) Failure of the national census
(c) Budgetary mismanagement in the ministry
(d) None of these
Explanation: The resignation followed weeks of protests specifically triggered by alleged irregularities in the NEET examination system. While other issues like unemployment were part of the broader movement, the specific catalyst for the minister's departure was the exam controversy. [Source: https://www.dawn.com/news/2018534/modi-announces-panel-to-reform-indias-exam-system-anti-govt-graffiti-at-jantar-mantar-painted-over, 26 Jul 2026]
#3891
Consider the following statements about the events in New Delhi in July 2026: 1. The protest movement was exclusively focused on the resignation of the Education Minister. 2. Municipal workers cleared the protest site at Jantar Mantar shortly after the demonstrators left. 3. The Prime Minister announced the reform task force via a video statement posted to X. 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 movement evolved to include broader concerns such as unemployment and authoritarian governance, not just the minister's resignation. Statements 2 and 3 are factually accurate based on the events of July 26, 2026. [Source: https://www.dawn.com/news/2018534/modi-announces-panel-to-reform-indias-exam-system-anti-govt-graffiti-at-jantar-mantar-painted-over, 26 Jul 2026]
#3892
What was the value of the GIFT Nifty futures as of 7:59 a.m. IST on July 27, 2026?
(a) 23,767.45
(b) 24,500.75
(c) 24,150.25
(d) 23,974.50
Explanation: The GIFT Nifty futures were recorded at 23,974.50, which indicated a positive opening for the benchmark Nifty 50 index above the previous Friday's close of 23,767.45. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]
#3893
What was the price of benchmark copper on the London Metal Exchange on July 27, 2026?
(a) $12,688.5 per metric ton
(b) $13,688.5 per metric ton
(c) $14,688.5 per metric ton
(d) None of these
Explanation: On July 27, 2026, benchmark copper on the London Metal Exchange was recorded at $13,688.5 per metric ton. This increase followed a period of geopolitical tension that had previously pressured global markets. [Source: https://www.brecorder.com/news/40432002/copper-prices-rise-as-us-iran-lull-calms-oil-and-economic-growth-fears, 27 Jul 2026]
#3894
Which of the following statements regarding the market conditions on July 27, 2026, is INCORRECT?
(a) Dubai’s benchmark index rose by 1%.
(b) Oil prices fell to a one-week low of $89.23 a barrel.
(c) Saudi Arabia’s benchmark index closed with significant gains.
(d) Abu Dhabi’s index gained 0.2%.
Explanation: The Saudi Arabian benchmark index closed flat, not with significant gains, due to the tug-of-war between diplomatic hopes and security concerns. The other statements accurately reflect the market data provided. [Source: https://www.brecorder.com/news/40432018/gulf-stocks-advance-on-iran-de-escalation-hopes-saudi-ends-flat-after-oil-site-attacks, 27 Jul 2026]
#3895
On July 27, 2026, the benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange closed at:
(a) 4,250 ringgit
(b) 4,673 ringgit
(c) 4,890 ringgit
(d) None of these
Explanation: The benchmark palm oil contract for October delivery fell by 49 ringgit to close at 4,673 ringgit per metric ton on July 27, 2026. This decline followed a period where the commodity had reached a 15-week high. [Source: https://www.brecorder.com/news/40432000/palm-slips-more-than-1-on-weaker-crude-chinese-vegetable-oils, 27 Jul 2026]
#3896
Consider the following statements about the Indian bond market and economic indicators as of July 27, 2026: 1. The 10-year Treasury yield eased to 4.64%. 2. The most liquid five-year swap rate dropped to settle at 6.36%. 3. Analysts at Capital Economics identified strong monsoon rainfall as a primary driver for economic growth. 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 based on the market data provided. Statement 3 is incorrect because analysts identified weak, not strong, monsoon rainfall as a potential inflation risk. [Source: https://www.brecorder.com/news/40432016/india-10-year-bond-yield-logs-biggest-plunge-in-2-months-as-oil-rally-falters, 27 Jul 2026]
#3897
Consider the following statements about the regional market situation on July 27, 2026: 1. The Pentagon paused its 13-night campaign against Iran, contributing to de-escalation hopes. 2. Saudi Aramco facilities in both Jizan and Yanbu were targeted by attacks. 3. Qatar’s benchmark index declined due to poor financial sector performance. 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 report. Statement 3 is incorrect because Qatar's index actually rose, supported by strong earnings in the financial sector. [Source: https://www.brecorder.com/news/40432018/gulf-stocks-advance-on-iran-de-escalation-hopes-saudi-ends-flat-after-oil-site-attacks, 27 Jul 2026]
#3898
Which factor was primarily responsible for the sharp decline in Indian bond yields on July 27, 2026?
(a) A surge in monsoon rainfall
(b) A sudden increase in the current-account deficit
(c) An immediate hike in Federal Reserve rates
(d) A decline in crude oil prices
Explanation: The decline in bond yields was driven by a sharp drop in crude oil prices following a pause in US-Iran hostilities. Higher oil prices typically increase inflationary pressure and worsen the current-account balance, which would otherwise push yields higher. [Source: https://www.brecorder.com/news/40432016/india-10-year-bond-yield-logs-biggest-plunge-in-2-months-as-oil-rally-falters, 27 Jul 2026]
#3899
Who represented the National Database and Registration Authority (NADRA) during the hearing on July 27, 2026?
(a) Saifullah Mohib Kakakhel
(b) Shahid Imran Gigiyani
(c) Waqar Ahmed
(d) Inamullah Khan
Explanation: Shahid Imran Gigiyani, the assistant director legal at NADRA, represented the authority during the court proceedings. Saifullah Mohib Kakakhel was the counsel for the petitioner, while the other two names are the presiding judges. [Source: https://www.dawn.com/news/2018808/phc-stops-deportation-of-man-named-quaid-e-azam-directs-him-to-appear-before-nadra-board, 27 Jul 2026]
#3900
Which judicial body issued the order to restrain the deportation of the petitioner named Quaid-i-Azam on July 27, 2026?
(a) Peshawar High Court
(b) Supreme Court of Pakistan
(c) Lahore High Court
(d) Islamabad High Court
Explanation: The Peshawar High Court (PHC) bench, comprising Justice Waqar Ahmed and Justice Inamullah Khan, issued the stay order. The other courts listed are distinct judicial entities that were not involved in this specific case. [Source: https://www.dawn.com/news/2018808/phc-stops-deportation-of-man-named-quaid-e-azam-directs-him-to-appear-before-nadra-board, 27 Jul 2026]