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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#4141

Who is the current Finance Minister of Pakistan leading the trade and tariff negotiations in Washington as of July 2026?

(a) Muhammad Aurangzeb
(b) Ishaq Dar
(c) Shaukat Tarin
(d) None of these
Explanation: Muhammad Aurangzeb is the serving Finance Minister who traveled to Washington in July 2026 to engage with US officials regarding trade agreements and tariff structures. The other individuals listed are former finance ministers. [Source: https://www.dawn.com/news/2016143/finance-minister-to-visit-washington-for-trade-tariff-talks-with-us, 17 Jul 2026]
#4142

Consider the following statements about the conflict escalation on July 18, 2026: 1. Iran justified its actions by citing a Quranic command regarding reciprocal attacks. 2. The US and Iran have been testing escalation limits since the collapse of a ceasefire agreement. 3. Iranian health officials reported that over 500 people were killed in US strikes over the past three weeks. 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 IRGC cited a Quranic command for their actions. Statement 2 is correct regarding the testing of escalation limits. Statement 3 is incorrect because the report stated 50 people were killed and 500 were injured, not 500 killed. [Source: https://www.dawn.com/news/2016426/iran-hits-gulf-states-and-jordan-after-seventh-night-of-us-strikes, 18 Jul 2026]
#4143

Following its debut on July 27, 2026, CXMT Corp became the largest China-listed company by market capitalization, surpassing which of the following institutions?

(a) Industrial and Commercial Bank of China
(b) Bank of China
(c) China Construction Bank
(d) None of these
Explanation: CXMT Corp's market valuation exceeded 3 trillion yuan, allowing it to surpass the Industrial and Commercial Bank of China in market capitalization. The other options are major Chinese banks but were not the specific entity cited as being dwarfed by the new listing. [Source: https://www.brecorder.com/news/40431979/china-stocks-rise-as-cxmts-debut-surge-revives-interest-in-battered-shares, 27 Jul 2026]
#4144

On July 18, 2026, which New York City official stated he was consulting the Law Department regarding the potential arrest of Benjamin Netanyahu?

(a) Eric Adams
(b) Zohran Mamdani
(c) Bill de Blasio
(d) None of these
Explanation: Zohran Mamdani is the current Mayor of New York City who publicly discussed the legal feasibility of arresting the Israeli Prime Minister. Eric Adams and Bill de Blasio are former mayors and are not involved in this specific 2026 legal review. [Source: https://www.dawn.com/news/2016505/netanyahu-belongs-in-the-hague-nyc-mayor-mamdani-mulls-whether-he-can-order-israeli-pms-arrest, 18 Jul 2026]
#4145

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]
#4146

Which sector in the Australian market recorded a gain of 5.1% on July 27, 2026?

(a) Mining sector
(b) Financial sector
(c) Gold miners
(d) Technology sector
Explanation: Gold miners rose by 5.1% on July 27, 2026, supported by firmer bullion prices. This was their best session in more than three weeks. [Source: https://www.brecorder.com/news/40431982/australian-shares-rise-nearly-1-as-middle-east-de-escalation-boosts-sentiment, 27 Jul 2026]
#4147

What is the theme of the World Hepatitis Day observed on July 28, 2026?

(a) Hepatitis: Find the missing millions
(b) Hepatitis: Let’s break it down
(c) Hepatitis: Invest in elimination
(d) Hepatitis: Zero tolerance
Explanation: The theme for the 2026 observance is 'Hepatitis: Let’s break it down', which focuses on removing barriers to prevention, testing, and treatment. The other options are variations of past or hypothetical themes. [Source: https://www.dawn.com/news/2018920/ending-hepatitis, 28 Jul 2026]
#4148

Who is the District Police Officer (DPO) of Bannu who confirmed the security incident on July 15, 2026?

(a) Captain (retd) Salman Khan
(b) Muhammad Waseem Khan
(c) Captain (retd) Ahmed Raza
(d) Captain (retd) Muhammad Furqan Bilal
Explanation: Captain (retd) Muhammad Furqan Bilal is the DPO of Bannu who officially confirmed the attack on the police station. Muhammad Waseem Khan is the journalist who reported the event. [Source: https://www.dawn.com/news/2015690/at-least-5-injured-including-police-official-in-attack-on-bannu-police-station, 15 Jul 2026]
#4149

Which of the following is NOT a potential hazard identified by the PMD in their July 17, 2026, weather advisory?

(a) Widespread volcanic activity
(b) Damage to solar panels
(c) Damage to electric poles
(d) Damage to billboards
Explanation: The PMD warned that strong winds and lightning could damage weak structures, including electric poles, billboards, and solar panels. Volcanic activity is not a weather-related hazard associated with monsoon currents. [Source: https://www.dawn.com/news/2016176/pmd-forecasts-widespread-rain-thunderstorms-across-country-until-july-25, 17 Jul 2026]
#4150

Consider the following statements about the current situation in AJK: 1. The AJK Legislative Assembly has officially supported the retention of the refugee seats. 2. Federal paramilitary forces have been deployed to assist the local police in AJK. 3. The JAAC protest is scheduled to take place after the July 27 elections. 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 assembly defended the status quo. Statement 2 is correct as federal paramilitary forces were dispatched to reinforce the police. Statement 3 is incorrect because the protest is scheduled for June 9, which is before the July 27 elections. [Source: https://www.dawn.com/news/2005870/bilawal-says-will-meet-pm-shehbaz-over-ajk-situation-state-media-reports-jaac-head-office-sealed, 07 Jun 2026]
#4151

Consider the following statements about the military conflict in the Gulf as of July 17, 2026: 1. The U.S. military utilized fighter jets, aerial drones, and warships in its strikes. 2. Iran has proposed charging passage fees for ships using the Strait of Hormuz. 3. The U.S. has officially declared a permanent occupation of Qeshm Island. 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 U.S. utilized a multi-domain force. Statement 2 is correct as Iran intends to charge fees following a 60-day negotiation period. Statement 3 is incorrect because there is no mention of a permanent U.S. occupation of Qeshm Island. [Source: https://www.dawn.com/news/2016140/iran-launches-fresh-attacks-on-american-facilities-in-gulf-after-sixth-consecutive-day-of-us-strikes, 17 Jul 2026]
#4152

Which of the following statements regarding the fuel supply situation in July 2026 is INCORRECT?

(a) Diesel stocks were maintained at a 21-day cover.
(b) Petrol consumption increased by 18-20 per cent in the first half of July.
(c) Local refineries are capable of supplying the entire daily national demand for petrol.
(d) The NCMC is a civil-military body focused on energy supplies.
Explanation: Local refineries can only supply about 9,000 tonnes of petrol per day, while daily consumption is approximately 25,000 tonnes, making the statement about them meeting the entire demand false. The other statements accurately reflect the data provided in the report. [Source: https://www.dawn.com/news/2015959/oil-industry-prompts-government-to-discourage-hoarding-as-petrol-stocks-decline-to-14-day-cover, 16 Jul 2026]
#4153

Consider the following statements about the security incidents in Bannu: 1. A suicide car bomb attack occurred at the Domel Police Station in April 2026. 2. Terrorists have utilized quadcopters to drop explosives on police stations in the district. 3. The July 15, 2026, attack resulted in zero injuries to police personnel. 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 Domel attack occurred in April 2026. Statement 2 is correct as quadcopter attacks have been reported in Bannu. Statement 3 is incorrect because the report confirms that a police official was among the injured. [Source: https://www.dawn.com/news/2015690/at-least-5-injured-including-police-official-in-attack-on-bannu-police-station, 15 Jul 2026]
#4154

Consider the following statements about the security and operational status of the Saindak mine: 1. The government of Pakistan received security concerns from the mine operator in early July 2026. 2. China's foreign ministry stated it was fully aware of the specific security disruptions at the mine site. 3. Operation Shaban is a high-intensity counterterrorism campaign launched in response to attacks in Balochistan. 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 government received concerns in early July. Statement 3 is correct regarding the nature of Operation Shaban. Statement 2 is incorrect because China's foreign ministry stated it was unaware of the specific situation at the mine. [Source: https://www.dawn.com/news/2015683/authorities-increasing-security-around-saindak-copper-and-gold-mine-in-balochistan-minister, 15 Jul 2026]
#4155

According to the PMD advisory issued on July 17, 2026, which weather system is expected to approach the upper parts of Pakistan on July 20, 2026?

(a) Tropical cyclone
(b) Westerly disturbance
(c) Heatwave front
(d) None of these
Explanation: The PMD advisory explicitly mentions that a westerly disturbance is expected to approach the upper parts of the country on July 20, 2026. This system, combined with monsoon currents from the Arabian Sea, is driving the widespread rain forecast. [Source: https://www.dawn.com/news/2016176/pmd-forecasts-widespread-rain-thunderstorms-across-country-until-july-25, 17 Jul 2026]
#4156

Which Iranian city was reported to have suffered damage to its train station during the U.S. military strikes on July 17, 2026?

(a) Bandar Abbas
(b) Bandar Khamir
(c) Iranshahr
(d) Chabahar
Explanation: Reports indicated that the train station in the coastal city of Bandar Khamir was hit during the U.S. strikes. Bandar Abbas was targeted for its navy and Revolutionary Guards facilities, but the train station damage was specific to Bandar Khamir. [Source: https://www.dawn.com/news/2016140/iran-launches-fresh-attacks-on-american-facilities-in-gulf-after-sixth-consecutive-day-of-us-strikes, 17 Jul 2026]
#4157

On July 17, 2026, the United States military conducted strikes on Iranian military facilities located on which of the following islands?

(a) Kharg Island
(b) Qeshm Island
(c) Larak Island
(d) None of these
Explanation: The U.S. Central Command confirmed strikes on Iranian military capabilities, specifically identifying Qeshm Island as a target. While Kharg Island is mentioned as a potential future target for ground forces, it was not the site of the reported airstrikes on this date. [Source: https://www.dawn.com/news/2016140/iran-launches-fresh-attacks-on-american-facilities-in-gulf-after-sixth-consecutive-day-of-us-strikes, 17 Jul 2026]
#4158

During the Pakistan-China Pharmaceutical and Healthcare B2B Investment Conference held on July 17, 2026, the signed agreements were valued at approximately:

(a) $440 million
(b) $340 million
(c) $240 million
(d) $540 million
Explanation: The conference in Islamabad resulted in agreements between Pakistani and Chinese firms in the healthcare and pharmaceutical sectors valued at nearly $440 million. This investment is viewed as a significant step toward advancing CPEC 2.0. [Source: https://www.dawn.com/news/2016208/security-of-chinese-in-pakistan-paramount-for-us-says-pm-shehbaz, 17 Jul 2026]
#4159

Consider the following statements about the fuel pricing policy in Pakistan as of July 2026: 1. The government has transitioned from weekly to daily fuel price revisions. 2. High-speed diesel is primarily utilized in the heavy transport sector and power plants. 3. The All Pakistan Dealers Association has fully supported the new daily pricing mechanism. 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 they reflect the government's policy shift and the usage profile of diesel. Statement 3 is incorrect because the Dealers Association rejected the daily pricing decision and threatened protests. [Source: https://www.dawn.com/news/2016247/govt-increases-petrol-price-by-rs544-diesel-by-rs3105-per-litre-for-next-three-days, 17 Jul 2026]
#4160

Which of the following statements regarding the jurisdictional dispute heard on July 16, 2026, is INCORRECT?

(a) The Supreme Court bench was composed of three judges.
(b) The federal government argued that bail applications in pending NAB cases should be heard by the FCC.
(c) Justice Muhammad Ali Mazhar questioned how the Supreme Court could remain the appellate authority in bail matters.
(d) The Supreme Court has already issued a final verdict transferring all pending bail applications to the FCC.
Explanation: The Supreme Court had only reserved its ruling on the matter as of July 16, 2026, and had not yet issued a final verdict. The other statements accurately reflect the proceedings of the hearing. [Source: https://www.dawn.com/news/2015925/2sc-32a-bail-fcc, 16 Jul 2026]