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.
#6881
Consider the following statements about the Australian market conditions on July 24, 2026: 1. The S&P/ASX 200 index recorded a decline of 0.6%. 2. Energy stocks were bolstered by oil prices exceeding $100 per barrel. 3. The Trump administration announced new tariffs on 60 trading partners including Australia. 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 based on the report: the index fell by 0.6%, energy stocks rose due to oil prices topping $100, and the US administration announced new tariffs on 60 trading partners including Australia. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#6882
Arrange the following developments concerning Pakistan's external and domestic policy landscapes in the order they were processed/reported (all on July 28, 2026):
(a) 1-2-3-4
(b) 4-3-2-1
(c) 2-1-4-3
(d) 3-4-1-2
Explanation: The order reflects the thematic progression of the news cycle: starting with public health, moving to foreign cultural cooperation, addressing energy logistics, and concluding with internal political friction. All events occurred on the same date, requiring logical sequencing based on public interest and administrative gravity in the source files. [Source: https://www.dawn.com/news/2018920/ending-hepatitis]
#6883
What was the primary driver for the rise in HSBC shares on July 24, 2026?
(a) The acquisition of a new retail banking chain in Europe
(b) The sale of its life insurance business in Singapore
(c) A significant increase in quarterly dividend payouts
(d) None of these
Explanation: HSBC shares rose by 1.2% following the announcement that Allianz agreed to acquire its life insurance business in Singapore for $2.1 billion. This move is part of the bank's strategy to streamline operations and focus on core Asian banking. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#6884
According to the statement made by Ishaq Dar on July 24, 2026, approximately how many terrorist incidents occurred in Pakistan during the current year?
(a) Over 1,000
(b) Over 1,500
(c) Over 2,000
(d) Over 2,500
Explanation: Ishaq Dar reported that over 2,000 terrorist incidents had occurred in Pakistan during the year 2026, resulting in the deaths of more than 560 citizens. This statistic underscores the urgency of his call for regional accountability. [Source: https://www.brecorder.com/news/40431639/dpm-ishaq-dar-urges-sco-to-hold-afghan-taliban-accountable-over-terrorism, 24 Jul 2026]
#6885
The joint statement issued on July 24, 2026, warned that the provocative actions at Al-Aqsa Mosque obstruct efforts to advance peace based on which framework?
(a) The one-state solution
(b) The regional confederation model
(c) The two-state solution
(d) The international trusteeship model
Explanation: The ministers warned that the inflammatory acts obstruct efforts to advance a just and lasting peace on the basis of the two-state solution. This framework remains the standard diplomatic position for the signatory nations regarding the Israeli-Palestinian conflict. [Source: https://www.brecorder.com/news/40431627/pakistan-seven-other-islamic-states-condemn-israeli-escalation-at-al-aqsa-mosque, 24 Jul 2026]
#6886
Who was appointed as the Commander of the National Strategic Command on July 24, 2026?
(a) General Syed Asim Munir
(b) General Aamer Raza
(c) General Asif Ali Zardari
(d) None of these
Explanation: Lieutenant General Aamer Raza was promoted to the rank of four-star General and appointed as the Commander of the National Strategic Command on July 24, 2026. General Syed Asim Munir serves as the Chief of Defence Forces, making him an incorrect choice for this specific command role. [Source: https://www.brecorder.com/news/40431618/lt-gen-aamer-raza-promoted-to-general-appointed-as-commander-of-national-strategic-command, 24 Jul 2026]
#6887
According to the CME FedWatch tool, what is the approximate market-priced probability of a Federal Reserve rate hike as of July 24, 2026?
(a) 33 percent
(b) 25 percent
(c) 12 percent
(d) 50 percent
Explanation: Markets are pricing in a roughly one-in-three chance (approximately 33%) of a rate hike, which represents an increase from the 12% probability observed a week earlier. [Source: https://www.brecorder.com/news/40431657/sampp-500-nasdaq-fall-as-investors-juggle-earnings-mideast-risks-and-tariffs, 24 Jul 2026]
#6888
Consider the following statements about the monsoon situation in Punjab as of July 22, 2026: 1. Lahore received 123mm of rainfall during the reported period. 2. The PDMA reported that 139mm of rainfall was recorded in Sialkot. 3. Wasa claimed that no water accumulation occurred on any major road in Lahore. 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 PDMA and Wasa data. Statement 3 is incorrect because while Wasa claimed no accumulation on 'most' major roads, the report confirms that multiple major roads and streets in Lahore were indeed inundated. [Source: https://www.dawn.com/news/2017532/intermittent-heavy-rain-hits-punjab-cities-lahore-receives-123mm, 22 Jul 2026]
#6889
Consider the following statements about the market environment on July 24, 2026: 1. The Philadelphia SE Semiconductor index experienced a decline of 3.1%. 2. The Federal Reserve is expected to meet the following week to discuss monetary policy. 3. The U.S. military action against targets in Iran was a response to Houthi activities in Yemen. Which of the statements given above 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 based on the provided report: the semiconductor index fell by 3.1%, the Fed is meeting the following week, and the U.S. strikes were linked to warnings regarding Iran and its Houthi allies. [Source: https://www.brecorder.com/news/40431657/sampp-500-nasdaq-fall-as-investors-juggle-earnings-mideast-risks-and-tariffs, 24 Jul 2026]
#6890
Who is the Education Minister of India whose resignation is being demanded by the Cockroach Janta Party (CJP) as of July 24, 2026?
(a) JP Nadda
(b) Dharmendra Pradhan
(c) Jitendra Singh
(d) Narendra Modi
Explanation: Dharmendra Pradhan is the Education Minister currently facing calls for resignation due to examination paper leaks. JP Nadda and Jitendra Singh are federal ministers who represented the government in the talks with the protesters. [Source: https://www.dawn.com/news/2018062/indian-government-seeks-time-on-youth-protesters-minister-resignation-demand, 24 Jul 2026]
#6891
Consider the following statements about the political transition in Bangladesh: 1. Tarique Rahman was sworn in as the Prime Minister of Bangladesh in February 2026. 2. The Awami League party remains a legally active and permitted political entity in Bangladesh. 3. The resignation of the president occurred amidst a period of significant political restructuring following the 2024 uprising. 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 Tarique Rahman took office in February 2026. Statement 3 is correct as the resignation is part of the post-2024 political shift. Statement 2 is incorrect because the Awami League party has been banned following the uprising. [Source: https://www.dawn.com/news/2018063/bangladesh-president-shahabuddin-76-resigns-citing-health-concerns, 24 Jul 2026]
#6892
What was the price of benchmark three-month copper on the London Metal Exchange as of July 24, 2026?
(a) $12,450.25 per metric ton
(b) $13,626.50 per metric ton
(c) $14,890.75 per metric ton
(d) None of these
Explanation: The benchmark three-month copper price on the LME was recorded at $13,626.50 per metric ton on the specified date. This reflects a 0.2% increase following two sessions of decline. [Source: https://www.brecorder.com/news/40431641/copper-edges-up-heads-for-weekly-gain-as-non-us-stocks-tighten, 24 Jul 2026]
#6893
What is the status of Comex copper stocks in the United States as of July 24, 2026?
(a) They have reached a record high of 639,147 metric tons.
(b) They have fallen to their lowest level since March.
(c) They have remained stagnant due to import bans.
(d) They have decreased by 5.2% due to reverse cancellations.
Explanation: Comex copper stocks in the U.S. rose to a record 639,147 metric tons, contrasting with the tightening inventories observed in the London Metal Exchange and Shanghai markets. [Source: https://www.brecorder.com/news/40431641/copper-edges-up-heads-for-weekly-gain-as-non-us-stocks-tighten, 24 Jul 2026]
#6894
Consider the following statements about the Indian bond market and macroeconomic indicators as of July 24, 2026: 1. The 10-year U.S. Treasury yield reached its highest level since January 2025. 2. Brent crude prices briefly exceeded $100 per barrel for the first time in two months. 3. The probability of a Federal Reserve rate hike in September was estimated at 30%. 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. Statement 3 is incorrect because the probability of a Federal Reserve rate hike in September was reported at 80%, while the probability for July was 30%. [Source: https://www.brecorder.com/news/40431650/india-bonds-end-three-day-losing-streak-but-post-second-straight-weekly-decline, 24 Jul 2026]
#6895
Which of the following statements regarding the copper market on July 24, 2026, is INCORRECT?
(a) Benchmark three-month copper on the LME rose by 0.2%.
(b) Oil prices exceeded $100 a barrel due to Middle East conflict escalation.
(c) Available LME inventory rose by 5.2% due to reverse cancellations.
(d) Aluminium prices increased by 0.7% alongside copper.
Explanation: Aluminium prices actually fell by 0.7% to $3,165.50 a ton, making the statement that they increased incorrect. The other three statements accurately reflect the market data provided. [Source: https://www.brecorder.com/news/40431641/copper-edges-up-heads-for-weekly-gain-as-non-us-stocks-tighten, 24 Jul 2026]
#6896
Which government department lost one official during the terrorist attack in Tank on July 24, 2026?
(a) Forest Department
(b) Irrigation Department
(c) Revenue Department
(d) Health Department
Explanation: The casualties included 12 soldiers, two police officials, and one official from the Forest Department. The other departments listed were not involved in the personnel count at the check post. [Source: https://www.brecorder.com/news/40431653/15-martyred-as-terrorists-target-tank-check-post-security-forces-kill-12-assailants, 24 Jul 2026]
#6897
On July 24, 2026, which UAE-based company saw a 4.4% gain in its stock price following reports of interest in its district cooling assets?
(a) Tecom Group
(b) National Central Cooling Company (Tabreed)
(c) Alpha Dhabi Holding
(d) Aldar Properties
Explanation: Tabreed's stock rose by 4.4% after reports indicated that I Squared Capital and Saudi Tabreed were bidding for district cooling assets in Riyadh. Other companies like Tecom Group and Alpha Dhabi Holding experienced declines during the same trading session. [Source: https://www.brecorder.com/news/40431652/uae-stocks-slip-amid-escalating-middle-east-conflict, 24 Jul 2026]
#6898
Consider the following statements about the global copper market as of July 24, 2026: 1. The escalation of conflict in the Middle East has negatively impacted the global economic growth outlook. 2. Reverse cancellations in South Korea and Taiwan contributed to an increase in available LME copper inventory. 3. The United States imposed new tariffs of 10% and 12.5% on goods from 60 trading partners. 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 based on the report: geopolitical tensions weighed on growth, reverse cancellations increased available LME stocks, and the U.S. implemented the specified tariff measures. [Source: https://www.brecorder.com/news/40431641/copper-edges-up-heads-for-weekly-gain-as-non-us-stocks-tighten, 24 Jul 2026]
#6899
The counterterrorism operations mentioned in the aftermath of the July 24, 2026, attack are being conducted under which campaign?
(a) Zarb-e-Azb
(b) Radd-ul-Fasaad
(c) Rah-e-Nijat
(d) Azm-e-Istehkam
Explanation: The military and law enforcement agencies are conducting operations under the Azm-e-Istehkam campaign. Zarb-e-Azb and Radd-ul-Fasaad were previous counterterrorism operations. [Source: https://www.brecorder.com/news/40431653/15-martyred-as-terrorists-target-tank-check-post-security-forces-kill-12-assailants, 24 Jul 2026]
#6900
Which of the following statements regarding the July 24, 2026, attack in Tank is INCORRECT?
(a) The attack involved the use of an explosives-laden vehicle.
(b) The attack was carried out by the banned Tehreek-e-Taliban Pakistan.
(c) The security forces failed to prevent the terrorists from breaching the facility.
(d) Fifteen security personnel were martyred in the incident.
Explanation: The statement that security forces failed to prevent the breach is incorrect, as the military reported that the swift response prevented the attackers from breaching the facility. The other three statements are factually accurate based on the incident report. [Source: https://www.brecorder.com/news/40431653/15-martyred-as-terrorists-target-tank-check-post-security-forces-kill-12-assailants, 24 Jul 2026]