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.
#4001
What was the total turnover recorded at the Pakistan Stock Exchange on July 21, 2026?
(a) Rs 30.2 billion
(b) Rs 45.5 billion
(c) Rs 15.8 billion
(d) Rs 675.9 million
Explanation: The total turnover for the session was Rs 30.2 billion. The figure 675.9 million refers to the total volume of shares traded, not the monetary turnover. [Source: https://www.dawn.com/news/2017152/stocks-eke-out-gains-amid-extreme-volatility, 21 Jul 2026]
#4002
Which political party is associated with the Chief Minister who led the July 20, 2026, protest in Delhi?
(a) Bharatiya Janata Party
(b) Jammu and Kashmir National Conference
(c) Indian National Congress
(d) Aam Aadmi Party
Explanation: Omar Abdullah is a leader of the Jammu and Kashmir National Conference. The BJP is the ruling party at the federal level that oversaw the 2019 reorganization. [Source: https://www.dawn.com/news/2017041/hundreds-protest-in-delhi-demanding-restoration-of-autonomy-for-occupied-kashmir, 20 Jul 2026]
#4003
On July 21, 2026, Iran reported targeting US military assets in which two countries?
(a) Qatar and Saudi Arabia
(b) Kuwait and Bahrain
(c) United Arab Emirates and Oman
(d) None of these
Explanation: The Iranian army confirmed targeting US radar, air defense systems, and administrative buildings located in Kuwait and Bahrain. Other regional states like Qatar or Oman were not identified as the primary sites of these specific retaliatory strikes. [Source: https://www.dawn.com/news/2017211/iran-targets-american-military-assets-in-gulf-warns-of-more-attacks-as-us-strikes-iran-for-10th-consecutive-day, 21 Jul 2026]
#4004
What is the primary objective of the refinery modernization plan discussed by the Finance Minister in July 2026?
(a) To reduce reliance on imported petroleum products
(b) To increase the export of crude oil to the United States
(c) To privatize all state-owned oil marketing companies
(d) To establish a new pipeline network to Central Asia
Explanation: The modernization plan aims to enhance domestic refining capacity, which directly contributes to reducing the country's heavy reliance on imported petroleum products. This is a strategic move to improve energy security and stabilize the national economy. [Source: https://www.dawn.com/news/2017217/us-technology-firm-proposes-refinery-modernisation-plan-for-pakistan-in-meeting-with-finance-minister, 21 Jul 2026]
#4005
According to the Pentagon, approximately how many US service members have been wounded since July 7, 2026?
(a) Nearly 50
(b) Nearly 100
(c) Nearly 150
(d) Nearly 200
Explanation: The Pentagon reported that nearly 100 US service members have sustained injuries, primarily minor concussions, since the onset of the current escalation on July 7, 2026. This figure highlights the intensity of the ongoing military exchanges. [Source: https://www.dawn.com/news/2017211/iran-targets-american-military-assets-in-gulf-warns-of-more-attacks-as-us-strikes-iran-for-10th-consecutive-day, 21 Jul 2026]
#4006
Which of the following statements regarding the KSE-100 performance on July 21, 2026, is INCORRECT?
(a) The index opened the session in the green.
(b) The market experienced broad-based profit-taking in the latter half of the session.
(c) Investor sentiment remained cautious due to global energy market uncertainty.
(d) The index closed with a significant gain of over 2,000 points.
Explanation: The index closed with a marginal gain of only 205.83 points, not 2,000 points. The 2,442.72 point figure mentioned in reports refers to the initial surge, not the final closing gain. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#4007
Consider the following statements about the political and administrative developments in Gilgit-Baltistan as of July 2026: 1. The PPP formed the government in Gilgit-Baltistan with the support of the PML-N. 2. The Chief Minister of Gilgit-Baltistan was elected by the regional assembly on June 22, 2026. 3. The federal government has committed to establishing knowledge schools in the region. 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. The PPP-PML-N coalition in GB mirrors the federal arrangement, the election occurred on the specified date, and the establishment of knowledge schools is a confirmed federal priority. [Source: https://www.dawn.com/news/2017241/centre-committed-to-working-closely-with-gb-government-pm-tells-cm-amjad-hussain, 21 Jul 2026]
#4008
Which US-based technology firm held a meeting with Finance Minister Muhammad Aurangzeb in July 2026 to discuss refinery modernization?
(a) General Electric
(b) Honeywell Technologies
(c) Caterpillar Inc.
(d) None of these
Explanation: The finance minister met with a delegation from Honeywell Technologies in Washington on July 20, 2026, to discuss upgrading Pakistan's refinery infrastructure. General Electric and Caterpillar are major industrial firms but were not the primary participants in this specific refinery modernization proposal. [Source: https://www.dawn.com/news/2017217/us-technology-firm-proposes-refinery-modernisation-plan-for-pakistan-in-meeting-with-finance-minister, 21 Jul 2026]
#4009
Which of the following individuals was NOT reported as being detained by the Delhi Police on July 21, 2026?
(a) Rahul Gandhi
(b) Priyanka Gandhi
(c) Dharmendra Pradhan
(d) Akhilesh Yadav
Explanation: Dharmendra Pradhan is the Education Minister whose resignation is being demanded; he was not among those detained by the police. Rahul Gandhi, Priyanka Gandhi, and Akhilesh Yadav were all reported as being detained during the protests. [Source: https://www.dawn.com/news/2017219/we-wont-stop-indias-cockroach-movement-vows-to-protest-until-education-minister-resigns, 21 Jul 2026]
#4010
What is the approximate total value of Canadian imports affected by the new US tariff measures announced in July 2026?
(a) 10 billion dollars
(b) 40 billion dollars
(c) 30 billion dollars
(d) 20 billion dollars
Explanation: The US Trade Representative's office confirmed that the new 50 percent tariffs apply to approximately 20 billion dollars worth of imports from Canada. [Source: https://www.dawn.com/news/2017209/us-imposes-new-50pc-tariffs-on-20bn-worth-of-canadian-products, 21 Jul 2026]
#4011
What was the primary geopolitical factor influencing global oil price volatility on July 21, 2026?
(a) US-Iran diplomatic mediation efforts
(b) OPEC production quota adjustments
(c) Global supply chain disruptions in Asia
(d) Changes in US Federal Reserve interest rates
Explanation: Market volatility was driven by reports of mediation efforts between the US and Iran, contrasted against ongoing hostilities and threats of naval blockades in the Gulf. While other factors can influence oil, the specific context of this session was the US-Iran diplomatic situation. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#4012
Which of the following statements regarding the Supreme Court hearing on July 21, 2026, is INCORRECT?
(a) The court adjourned the hearing because the IHC had already scheduled the case for July 24, 2026.
(b) The court granted an immediate suspension of the sentences for both petitioners.
(c) The bench observed that it cannot regulate the proceedings of the high court.
(d) The court ruled that lawyers could file a petition for an early hearing if an emergency arises.
Explanation: The Supreme Court did not grant a suspension of the sentences; instead, it adjourned the hearing to avoid interfering with the high court's scheduled proceedings. Options A, B, and D are accurate reflections of the court's observations and rulings. [Source: https://www.dawn.com/news/2017251/sc-adjourns-hearing-on-imaan-hadis-plea-against-ihc-decision-on-sentence-suspension, 21 Jul 2026]
#4013
Which brokerage house provided analysis regarding the profit-taking observed during the July 21, 2026, trading session?
(a) AKD Securities
(b) Arif Habib Limited
(c) JS Global Capital
(d) Topline Securities Ltd
Explanation: Topline Securities Ltd provided the market commentary noting that the early rally was short-lived due to broad-based profit-taking. While AKD Securities also provided research, the specific observation regarding profit-taking at elevated levels was attributed to Topline. [Source: https://www.dawn.com/news/2017214/kse-100-makes-marginal-gains-as-global-energy-uncertainty-weighs-on-early-rally, 21 Jul 2026]
#4014
Which sector faced specific selling pressure on July 21, 2026, due to speculation regarding policy delays?
(a) Textile sector
(b) Cement sector
(c) Refinery sector
(d) Banking sector
Explanation: Topline Securities reported that refinery stocks experienced selling pressure due to market speculation that the long-awaited refinery policy might face further delays. Other sectors like cement and textiles were noted for their potential to post strong earnings rather than facing policy-related selling pressure. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#4015
What was the closing value of the KSE-100 index on July 21, 2026?
(a) 176,133.56 points
(b) 178,370.45 points
(c) 177,000.00 points
(d) None of these
Explanation: The KSE-100 index closed at 176,133.56 points on July 21, 2026. The value 178,370.45 represents the intraday high reached earlier in the same session. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#4016
Brent crude futures rose by 1.8 percent to reach which price per barrel on July 21, 2026?
(a) 90.84 dollars
(b) 83.96 dollars
(c) 84.60 dollars
(d) 92.84 dollars
Explanation: Brent crude futures rose by $1.62, or 1.8 percent, to reach $90.84 per barrel. The other figures represent different oil contract prices mentioned in the market data. [Source: https://www.dawn.com/news/2017214/psx-gains-1200-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#4017
The flash floods in Nuristan on July 21, 2026, were primarily caused by which environmental phenomenon?
(a) Tectonic plate shifting
(b) Heavy rainfall and subsequent mudslides
(c) Glacial lake outburst floods
(d) None of these
Explanation: The disaster was triggered by heavy rainfall leading to flash floods and mudslides that brought boulders into the town. While residents compared the sound to an earthquake, it was a hydrological event, not a tectonic one. [Source: https://www.dawn.com/news/2017247/afghans-search-for-dozens-missing-some-with-bare-hands-after-devastating-flood-in-nuristan-province, 21 Jul 2026]
#4018
What is the total value of the assistance package announced by Canada for Pakistan on July 21, 2026?
(a) Over $37 million
(b) Over $47 million
(c) Over $57 million
(d) None of these
Explanation: Canada announced a total assistance package exceeding $47 million during the visit of Foreign Minister Anita Anand to Islamabad. This amount is divided into development and security cooperation initiatives. [Source: https://www.dawn.com/news/2017175/canada-announces-over-47m-in-assistance, 21 Jul 2026]
#4019
Consider the following statements about the KSE-100 market session on July 21, 2026: 1. The market reached an intraday high of over 178,000 points. 2. Oil and gas exploration companies are expected to post stronger-than-usual results. 3. The market closed lower than its opening value. 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 high was 178,370.45. Statement 2 is correct as analysts cited optimism for oil and gas exploration earnings. Statement 3 is incorrect because the market closed with a gain of 205.83 points, meaning it closed higher than the previous session's close, and the prompt does not state it closed lower than the opening value. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#4020
On July 21, 2026, which organization deployed volunteers to provide emergency food, water, and tents to flood-affected residents in Nuristan?
(a) Afghan Red Crescent Society
(b) World Food Programme
(c) International Rescue Committee
(d) Doctors Without Borders
Explanation: The Afghan Red Crescent Society confirmed the deployment of dozens of volunteers to assist with immediate humanitarian needs. Other organizations like the WFP or IRC were not cited as the primary responders on the ground in this specific report. [Source: https://www.dawn.com/news/2017247/afghans-search-for-dozens-missing-some-with-bare-hands-after-devastating-flood-in-nuristan-province, 21 Jul 2026]