March 2024 Edition
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March 2024 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#3301
Which of the following statements regarding the market events of March 10, 2026, is INCORRECT?
(a) The State Bank of Pakistan increased the policy rate to 12.5% to curb inflation.
(b) Trading was temporarily suspended due to a 5% rise in the KSE-30 index.
(c) The market rally was partially attributed to improved global market conditions.
(d) The KSE-100 index closed the session in the green.
Explanation: The State Bank of Pakistan maintained the policy rate at 10.5%, not 12.5%. Options A, B, and C are factually accurate descriptions of the market conditions on that date. [Source: https://www.dawn.com/news/1980474/bulls-return-as-kse-100-surges-past-9000-points-market-closes-in-the-green, 10 Mar 2026]
#3302
Which of the following statements regarding the oil market situation on March 10, 2026, is INCORRECT?
(a) Brent futures experienced a decline of approximately 6.8 percent.
(b) Goldman Sachs immediately adjusted its fourth-quarter 2026 price forecast for Brent to $90 per barrel.
(c) US West Texas Intermediate (WTI) crude prices fell by approximately 6.8 percent.
(d) Volumes in Brent dropped to the lowest amount since February 27.
Explanation: Goldman Sachs explicitly stated it was not changing its oil price forecast for Brent at $66 per barrel for the fourth quarter of 2026, making the incorrect statement. [Source: https://www.dawn.com/news/1980481/oil-sinks-7pc-as-trump-predicts-middle-east-de-escalation, 10 Mar 2026]
#3303
Consider the following statements about the market activity on March 10, 2026: 1. The KSE-100 index gained over 9,000 points during the trading session. 2. The market halt was triggered by a 5% increase in the KSE-100 index. 3. The rally followed a significant decline in the index on the previous trading day. 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 index advanced 9,696.98 points. Statement 2 is incorrect because the halt was triggered by the KSE-30 index, not the KSE-100. Statement 3 is correct as the rally followed the historic drop on March 9. [Source: https://www.dawn.com/news/1980474/bulls-return-as-kse-100-surges-past-9000-points-market-closes-in-the-green, 10 Mar 2026]
#3304
Which Indian diplomat represented his country during the UNSC debate on Afghanistan on March 10, 2026?
(a) Parvathaneni Harish
(b) Ruchira Kamboj
(c) Syed Akbaruddin
(d) T.S. Tirumurti
Explanation: Parvathaneni Harish served as the Indian Permanent Representative who articulated India's concerns regarding cross-border violence during the session. The other options represent former Indian diplomats at the UN. [Source: https://www.dawn.com/news/1980464/pakistan-india-exchange-sharp-words-at-un-security-council-over-afghanistan, 10 Mar 2026]
#3305
Which company was identified as the heaviest mover during the market decline on March 9, 2026?
(a) K-Electric Limited
(b) First National Equities Limited
(c) The Bank of Punjab
(d) Engro Corporation
Explanation: K-Electric Limited was the heaviest mover during the session, tumbling 7.81 percent on a trading volume of over 127 million shares. The Bank of Punjab and First National Equities Limited also saw significant drops but had lower trading volumes. [Source: https://www.dawn.com/news/1980057/bloodbath-at-psx-as-kse-100-slides-over-11000-points, 09 Mar 2026]
#3306
On March 10, 2026, what was the primary reason cited for the rise in gold prices?
(a) A strengthening of the US dollar
(b) A weaker US dollar and easing energy costs
(c) An increase in global interest rates
(d) None of these
Explanation: Gold prices rose due to a weaker US dollar and expectations of lower inflation following a potential de-escalation in Middle East tensions, which caused oil prices to drop. A stronger dollar (Option A) typically makes gold more expensive for foreign buyers, leading to a price decline. [Source: https://www.dawn.com/news/1980485/gold-gains-on-weaker-dollar-easing-inflation-concerns, 10 Mar 2026]
#3307
Consider the following statements about the regional conflict as of March 10, 2026: 1. Iranian strikes targeted energy installations in the Gulf region. 2. The US President characterized the appointment of the new supreme leader as a positive development for regional peace. 3. Iranian Foreign Minister Abbas Araghchi stated that Iran's actions are defensive in nature. 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 Iran launched strikes on energy installations. Statement 3 is correct as the Foreign Minister described actions as defensive. Statement 2 is incorrect because President Trump called the appointment a 'big mistake'. [Source: https://www.dawn.com/news/1980416/oil-prices-go-haywire-as-iran-welcomes-new-supreme-leader, 10 Mar 2026]
#3308
Which specific agency in Bahrain was responsible for the arrest of the six individuals on March 10, 2026?
(a) National Intelligence Agency
(b) Border Control Authority
(c) Public Security Force
(d) Anti-Cyber Crime Directorate
Explanation: The Bahraini interior ministry confirmed that the Anti-Cyber Crime Directorate conducted the arrests. This agency is tasked with monitoring digital platforms for content that threatens national security. [Source: https://www.dawn.com/news/1980603/bahrain-authorities-arrest-6-asians-including-5-pakistanis-for-allegedly-filming-sharing-videos-of-irans-attacks, 10 Mar 2026]
#3309
Who is the current head of the Senate Standing Committee on Economic Affairs as of March 10, 2026?
(a) Senator Saifullah Abro
(b) Senator Syed Nazir Abbas
(c) Senator Ishaq Dar
(d) None of these
Explanation: Senator Saifullah Abro is the chairman of the Senate Standing Committee on Economic Affairs. Dr. Syed Nazir Abbas is the Secretary General of the Oil Companies Advisory Council (OCAC), not the committee chairman. [Source: https://www.dawn.com/news/1980379/senate-panel-to-expose-fuel-price-hike-beneficiaries, 10 Mar 2026]
#3310
On March 10, 2026, by what approximate percentage did global oil prices fall following comments regarding Middle East de-escalation?
(a) 5 percent
(b) 9 percent
(c) 7 percent
(d) 11 percent
Explanation: Oil prices plummeted by approximately 7 percent on March 10, 2026, after reaching highs above $119 per barrel. This correction was driven by market optimism following US President Donald Trump's predictions regarding the conflict. [Source: https://www.dawn.com/news/1980481/oil-sinks-7pc-as-trump-predicts-middle-east-de-escalation, 10 Mar 2026]
#3311
Which of the following statements regarding the regional response to the March 2026 security situation is INCORRECT?
(a) Kuwait arrested three individuals for mocking the situation in the country via video.
(b) Qatar permitted the circulation of all social media footage to ensure transparency during the conflict.
(c) Saudi Arabia issued official warnings regarding the sharing of sensitive images and unreliable information.
(d) The UAE attorney general warned against documenting incident sites or damage caused by projectiles.
Explanation: Statement D is incorrect because Qatar actively arrested individuals for sharing footage and misleading information, rather than permitting it. The other three statements accurately reflect the actions taken by the respective Gulf nations. [Source: https://www.dawn.com/news/1980165/qatar-arrests-313-people-for-sharing-footage-misleading-information-amid-attacks-by-iran, 09 Mar 2026]
#3312
Which military operation was launched by Pakistan against the Afghan Taliban last month, as referenced on March 18, 2026?
(a) Operation Zarb-e-Azb
(b) Operation Radd-ul-Fasaad
(c) Operation Ghazab lil-Haq
(d) None of these
Explanation: Operation Ghazab lil-Haq was identified by the DG ISPR as the ongoing military campaign launched against the Afghan Taliban to counter terrorism. The other options refer to historical operations that are not the subject of this specific 2026 event. [Source: https://www.dawn.com/news/1983447/our-intelligence-was-correct-dg-ispr-says-pakistan-hit-ammunition-storage-site-in-kabul-strike, 18 Mar 2026]
#3313
Who represented Pakistan at the United Nations Security Council session held on March 10, 2026?
(a) Asim Iftikhar Ahmad
(b) Munir Akram
(c) Maleeha Lodhi
(d) None of these
Explanation: Ambassador Asim Iftikhar Ahmad is the Permanent Representative of Pakistan who addressed the UNSC session on the specified date. Other names listed are former or different representatives not involved in this specific exchange. [Source: https://www.dawn.com/news/1980464/pakistan-india-exchange-sharp-words-at-un-security-council-over-afghanistan, 10 Mar 2026]
#3314
What was the primary target of the Pakistani strike in Kabul as confirmed by the DG ISPR on March 18, 2026?
(a) A regional administrative office
(b) An ammunition storage site
(c) A border communication tower
(d) A civilian transport hub
Explanation: The DG ISPR confirmed that the strike in Kabul specifically targeted an ammunition and drone storage site. The secondary detonations observed in the area were attributed to the explosion of stored missiles and equipment. [Source: https://www.dawn.com/news/1983447/our-intelligence-was-correct-dg-ispr-says-pakistan-hit-ammunition-storage-site-in-kabul-strike, 18 Mar 2026]
#3315
What is the percentage reduction in fuel allotted for official vehicles as announced by the Sindh government in March 2026?
(a) 20 percent
(b) 30 percent
(c) 50 percent
(d) 60 percent
Explanation: The provincial government mandated a 50 percent reduction in fuel allocations for official vehicles to save approximately Rs960 million. This is distinct from the 20 percent reduction applied to other non-essential expenditures like stationery. [Source: https://www.dawn.com/news/1980528/sindh-schools-to-close-from-march-16-31-friday-to-be-wfh-for-govt-offices-as-part-of-austerity-measures, 10 Mar 2026]
#3316
Consider the following statements about the oil market developments on March 10, 2026: 1. US President Donald Trump suggested that the war in the Middle East could conclude in the near future. 2. The Islamic Revolutionary Guards Corps threatened to block oil exports from the region if attacks continued. 3. The Kremlin reported that Vladimir Putin shared proposals aimed at a quick settlement to the war. 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 report: Trump predicted a short-lived war, the IRGC issued threats regarding oil exports, and the Kremlin confirmed Putin's diplomatic proposals. [Source: https://www.dawn.com/news/1980481/oil-sinks-7pc-as-trump-predicts-middle-east-de-escalation, 10 Mar 2026]
#3317
Which of the following statements regarding the events of March 10, 2026, is INCORRECT?
(a) Brent crude oil prices experienced significant volatility during the day.
(b) Russian President Vladimir Putin discussed the Iranian conflict with US President Donald Trump.
(c) Iranian security officials expressed skepticism regarding the restoration of security in the Strait of Hormuz.
(d) The United States officially declared the war in the Middle East to be permanently concluded.
Explanation: President Trump predicted the war could be over soon, but he did not declare it permanently concluded. The other statements accurately reflect the reported events of that date. [Source: https://www.dawn.com/news/1980416/oil-prices-go-haywire-as-iran-welcomes-new-supreme-leader, 10 Mar 2026]
#3318
Which of the following statements regarding the market conditions on March 9, 2026, is INCORRECT?
(a) The KSE-100 index closed at 146,480.14 points.
(b) Gold prices fell by 2 percent amid geopolitical tensions.
(c) The market suspension was triggered by a 10 percent drop in the KSE-100 index.
(d) The government recently increased petrol and diesel prices by Rs55 per litre.
Explanation: The market suspension was triggered by a 5 percent drop in the KSE-30 index, not a 10 percent drop in the KSE-100 index. The other statements accurately reflect the market data and government policy actions reported on that date. [Source: https://www.dawn.com/news/1980057/bloodbath-at-psx-as-kse-100-slides-over-11000-points, 09 Mar 2026]
#3319
Which of the following statements regarding the situation in the Middle East as of March 10, 2026, is INCORRECT?
(a) The Ministry of Foreign Affairs confirmed that a mass evacuation is currently required.
(b) Saudi Arabia's air and land borders remain open for travel.
(c) Two Pakistani drivers died in incidents related to missile interceptions in the UAE.
(d) Commercial flights are being utilized to repatriate stranded Pakistanis.
Explanation: The MoFA explicitly stated that there is no situation requiring a mass evacuation of Pakistani nationals. Options B, C, and D are all factually accurate details provided during the committee briefing. [Source: https://www.dawn.com/news/1980522/na-body-informed-mass-evacuation-from-middle-east-not-required, 10 Mar 2026]
#3320
By how many points did the KSE-100 index decline on March 9, 2026?
(a) 9,780.15 points
(b) 157,496.10 points
(c) 13,157.62 points
(d) 11,015.96 points
Explanation: The KSE-100 index plummeted by 11,015.96 points during the trading session on March 9, 2026. While 9,780.15 points was the threshold that triggered the initial trading halt, the final decline recorded by the closing bell was 11,015.96 points. [Source: https://www.dawn.com/news/1980057/bloodbath-at-psx-as-kse-100-slides-over-11000-points, 09 Mar 2026]