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.
#5761
Consider the following statements regarding the economic situation in India as of July 2026: 1. The United States is imposing new tariffs on Indian goods due to allegations regarding forced labour bans. 2. Indian benchmarks have experienced a decline of approximately 2% over the week. 3. IndiGo reported a profit for the current quarter despite the rising fuel prices. 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 IndiGo posted a loss, not a profit, driven by soaring fuel prices and regional uncertainty. [Source: https://www.brecorder.com/news/40431590/indian-shares-to-open-lower-as-crude-tops-100, 24 Jul 2026]
#5762
For how many consecutive months has Japan's core inflation remained below the Bank of Japan's 2% target as of July 2026?
(a) Three months
(b) Five months
(c) Four months
(d) Six months
Explanation: The data indicates that Japan's core inflation has stayed below the central bank's 2% target for five straight months. This duration highlights the persistent challenge in reaching the BOJ's inflation goal. [Source: https://www.brecorder.com/news/40431592/japan-june-core-inflation-accelerates-stays-below-boj-target, 24 Jul 2026]
#5763
Analyze the following statements regarding Pakistan's governance and economic policy frameworks as of July 31, 2026: 1. The National Tariff Commission is leveraging anti-dumping investigations as a defensive trade instrument to address market imbalances in the crockery sector. 2. The Ministry of Communications is prioritizing the enforcement of axle load limits to curb the physical degradation of national transportation infrastructure. 3. The Election Commission of Pakistan has upheld the Elections Act, 2017, by refusing to recognize political party leadership that failed to comply with intra-party election mandates. Which of the above statements are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2, and 3
Explanation: All three statements accurately reflect the governance challenges and regulatory actions occurring on July 31, 2026. The NTC is investigating crockery imports, the Ministry of Communications is enforcing load limits for infrastructure protection, and the ECP is applying the Elections Act, 2017 to regulate political parties. [Source: https://www.brecorder.com/news/40432643/crockery-products-imported-from-china-ntc-initiates-anti-dumping-investigation]
#5764
Which of the following sequences represents the correct order of official policy focus or incidence occurrence reported on July 31, 2026?
(a) Mine explosion -> Police martyrdom -> Defense cooperation agreement -> Electric bus expansion
(b) Defense cooperation agreement -> Electric bus expansion -> Mine explosion -> Police martyrdom
(c) Electric bus expansion -> Mine explosion -> Police martyrdom -> Defense cooperation agreement
(d) Police martyrdom -> Electric bus expansion -> Mine explosion -> Defense cooperation agreement
Explanation: While all events occurred on the same calendar day, the logical progression of administrative and security events, as recorded in the news cycle, identifies the mining disaster and security threats followed by external strategic policy and internal environmental initiatives. [Source: https://www.dawn.com/news/2019693/at-least-32-killed-after-coal-mine-explosion-near-quetta-search-under-way-for-2-miners]
#5765
Consider the following statements about the security address delivered on July 24, 2026: 1. The CDF emphasized that targeted operations will continue until terrorist infrastructure is eliminated. 2. The address highlighted that development initiatives in Balochistan are focused on an inclusive, people-centric approach. 3. The security forces are acting independently of civil society and media support in the province. 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 official stance on military operations and socio-economic development. Statement 3 is incorrect because the CDF specifically praised the constructive role of civil society, academia, and media in promoting national integration. [Source: https://www.brecorder.com/news/40431561/cdf-vows-to-dismantle-terrorist-infrastructure, 24 Jul 2026]
#5766
Which of the following statements regarding ADNOC's July 2026 tender policy is INCORRECT?
(a) The tender includes crude loading from August to October.
(b) The tender is valid for only 24 hours after submission.
(c) The tender bid submission is due on July 27.
(d) Bids from buyers at a discounted differential are automatically rejected.
Explanation: The tender is valid until at least July 29, not 24 hours after submission. The other statements accurately reflect the terms set by ADNOC for the July 2026 tender. [Source: https://www.brecorder.com/news/40431617/adnoc-offers-crude-oil-in-7th-tender-issued-since-june-sources-say, 24 Jul 2026]
#5767
Which of the following is NOT a stated priority discussed by the Foreign Ministers of Pakistan and Iran during their July 2026 meeting?
(a) Promotion of regional peace and stability
(b) Strengthening of bilateral ties
(c) Expansion of military alliances against third parties
(d) Implementation of the Islamabad MoU
Explanation: The meeting focused on de-escalation, dialogue, and regional stability. There was no mention of forming military alliances against third parties, making this the incorrect statement. [Source: https://www.brecorder.com/news/40431646/pakistan-iran-fms-reaffirm-commitment-to-regional-peace-at-sco-meeting, 24 Jul 2026]
#5768
What is the maturity period of the dollar bonds issued by ICICI Bank in July 2026?
(a) Three years
(b) Five years
(c) Four years
(d) Seven years
Explanation: The ICICI Bank dollar bond issue has a maturity period of five years. This aligns with the duration of other recent dollar debt sales by major Indian financial institutions. [Source: https://www.brecorder.com/news/40431638/icici-bank-prices-1-billion-debt-in-largest-dollar-issue-by-indian-private-lender, 24 Jul 2026]
#5769
As of July 24, 2026, what is the primary reason cited for the surge in Brent crude oil prices exceeding $100 per barrel?
(a) Global supply chain disruptions in the semiconductor industry
(b) Escalating conflict in the Middle East
(c) Unexpected production cuts by OPEC+ members
(d) None of these
Explanation: The surge in crude oil prices is directly attributed to the escalating Middle East crisis, which has impacted shipping chokepoints. Other options, while relevant to global economics, are not the primary drivers mentioned for this specific price movement. [Source: https://www.brecorder.com/news/40431590/indian-shares-to-open-lower-as-crude-tops-100, 24 Jul 2026]
#5770
What specific humanitarian assistance did Pakistan provide to Iran, as acknowledged by the Iranian Foreign Minister in July 2026?
(a) Facilitating the return of Iranian fishermen
(b) Providing emergency medical supplies
(c) Offering technical support for energy infrastructure
(d) None of these
Explanation: Pakistan facilitated the safe transit and return of Iranian fishermen and crew members who had been interdicted. This gesture was explicitly appreciated by the Iranian Foreign Minister during the meeting. [Source: https://www.brecorder.com/news/40431646/pakistan-iran-fms-reaffirm-commitment-to-regional-peace-at-sco-meeting, 24 Jul 2026]
#5771
Which sector led the gains on the FTSE 100 index on July 24, 2026?
(a) Pharmaceuticals and healthcare
(b) Retail and consumer goods
(c) Electronics and technology
(d) Investment banks and brokerages
Explanation: Investment banks and brokerages recorded a 1.6% rise, leading sectoral gains on the benchmark index. This was bolstered by positive analyst revisions for companies like 3i Group. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#5772
Which of the following statements regarding the market conditions on July 24, 2026, is INCORRECT?
(a) Energy shares experienced a decline due to regional tensions
(b) The FTSE 250 index also recorded a climb of 0.3%
(c) Oil prices remained stable throughout the trading session
(d) Investors monitored rising oil prices amid Middle East tensions
Explanation: Oil prices did not remain stable; they were volatile and retreated after initial concerns regarding energy flow disruptions in the Red Sea. The other statements accurately reflect the market data provided. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#5773
Which of the following countries was NOT among the eight nations that issued the joint statement condemning the Israeli escalation at Al-Aqsa Mosque on July 24, 2026?
(a) Malaysia
(b) Saudi Arabia
(c) Indonesia
(d) United Arab Emirates
Explanation: The joint statement was issued by eight specific nations: Pakistan, Egypt, Türkiye, Indonesia, Jordan, Qatar, Saudi Arabia, and the United Arab Emirates. Malaysia was not a signatory to this specific diplomatic declaration. [Source: https://www.brecorder.com/news/40431627/pakistan-seven-other-islamic-states-condemn-israeli-escalation-at-al-aqsa-mosque, 24 Jul 2026]
#5774
The Islamabad Memorandum of Understanding (MoU) referenced during the July 2026 meeting between Pakistan and Iran was signed in which month?
(a) April 2026
(b) May 2026
(c) July 2026
(d) June 2026
Explanation: The Islamabad MoU, which serves as a framework for bilateral cooperation, was signed in June 2026. The meeting in July 2026 focused on building upon the understandings reached in that document. [Source: https://www.brecorder.com/news/40431646/pakistan-iran-fms-reaffirm-commitment-to-regional-peace-at-sco-meeting, 24 Jul 2026]
#5775
Consider the following statements about the weather forecast issued on July 24, 2026: 1. The rainfall is expected to continue until July 27, 2026. 2. Karachi is expected to receive heavy downpours similar to the interior districts of Sindh. 3. A low-pressure area over southwest Rajasthan is contributing to the current weather conditions. 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 forecast covers the period until July 27. Statement 3 is correct as the low-pressure area over Rajasthan is a key driver. Statement 2 is incorrect because Karachi is only expected to receive light rain or drizzle, not heavy downpours. [Source: https://www.brecorder.com/news/40431626/pmd-forecasts-widespread-rain-across-sindh-warns-of-urban-flooding, 24 Jul 2026]
#5776
According to the PDMA, what was the primary cause of the 17 rain-related deaths reported in Punjab as of July 22, 2026?
(a) Electrocution
(b) Lightning strikes
(c) Building or structure collapses
(d) None of these
Explanation: The PDMA reported that 12 out of the 17 deaths were caused by the collapse of buildings or other structures. Electrocution and lightning strikes accounted for the remaining five fatalities. [Source: https://www.dawn.com/news/2017532/intermittent-heavy-rain-hits-punjab-cities-lahore-receives-123mm, 22 Jul 2026]
#5777
Which of the following factors was primarily responsible for the pressure on Indian bond sentiment during the week ending July 24, 2026?
(a) Surging oil prices
(b) Domestic political instability
(c) A sudden decline in tax revenue
(d) None of these
Explanation: Surging oil prices and higher U.S. Treasury yields were the primary drivers of negative sentiment in the Indian bond market. Domestic political instability and tax revenue are not cited as factors in this context. [Source: https://www.brecorder.com/news/40431650/india-bonds-end-three-day-losing-streak-but-post-second-straight-weekly-decline, 24 Jul 2026]
#5778
Which of the following indices recorded a 0.2% decline to reach a near seven-week low on July 24, 2026?
(a) Saudi Stock Exchange
(b) Abu Dhabi Securities Exchange
(c) Dubai Financial Market
(d) Kuwait Stock Exchange
Explanation: The Dubai main market index slipped 0.2% to hit a near seven-week low on the specified date. The Abu Dhabi benchmark index experienced a smaller decline of 0.1%. [Source: https://www.brecorder.com/news/40431652/uae-stocks-slip-amid-escalating-middle-east-conflict, 24 Jul 2026]
#5779
According to the Pakistan Meteorological Department (PMD) forecast issued on July 24, 2026, which of the following districts is expected to experience heavy rainfall and potential urban flooding?
(a) Shikarpur
(b) Kashmore
(c) Jacobabad
(d) Tharparkar
Explanation: The PMD specifically identified Tharparkar, along with districts like Hyderabad and Badin, as areas at high risk for heavy rainfall and urban flooding. While Kashmore, Jacobabad, and Shikarpur are expected to receive rain, they were categorized under light to moderate intensity in the forecast. [Source: https://www.brecorder.com/news/40431626/pmd-forecasts-widespread-rain-across-sindh-warns-of-urban-flooding, 24 Jul 2026]
#5780
What was the closing value of the FTSE 100 index on July 24, 2026?
(a) 10,474.68 points
(b) 10,674.68 points
(c) 10,574.68 points
(d) 10,774.68 points
Explanation: The blue-chip FTSE 100 index rose 0.3% to reach 10,674.68 points on the specified date. This reflects the market's reaction to the financial sector's performance despite geopolitical headwinds. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]