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.
#4061
Consider the following statements about the diplomatic developments reported on March 10, 2026: 1. The phone call between the Foreign Ministers focused on the need for regional stability. 2. Pakistan condemned the attacks on Bahraini infrastructure. 3. The conflict involves tensions between Iran and the United States/Israel. 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 call addressed regional stability, Pakistan reaffirmed solidarity (condemning the attacks), and the conflict is explicitly linked to the Iran-US/Israel escalation. [Source: https://www.dawn.com/news/1980499/in-phone-call-with-bahrains-fm-dar-reiterates-pakistans-call-for-de-escalation-in-iran-war, 10 Mar 2026]
#4062
Which US military aircraft was reported damaged by Iranian ground fire during operations in March 2026?
(a) HH-60W Jolly Green II
(b) E-3 Sentry AWACS
(c) F-35A stealth fighter
(d) MC-130J Commando II
Explanation: The CRS report specifically cites damage to an F-35A stealth fighter resulting from Iranian ground fire. Other aircraft listed, such as the E-3 Sentry, were damaged in different incidents, such as the strike on Prince Sultan Air Base. [Source: https://www.dawn.com/news/2002532/congressional-report-details-losses-of-42-us-aircraft-in-iran-campaign, 23 May 2026]
#4063
On March 9, 2026, the KSE-100 index experienced a historic single-day decline of approximately how many points?
(a) 9,015 points
(b) 11,015 points
(c) 10,015 points
(d) 12,015 points
Explanation: The market recorded a decline of 11,015 points on March 9, 2026, which represented the second-largest single-day drop in the history of the index. This massive sell-off preceded the recovery observed on the following day. [Source: https://www.dawn.com/news/1980474/bulls-return-as-kse-100-surges-past-9000-points-market-closes-in-the-green, 10 Mar 2026]
#4064
Arrange the following major international and regional developments in the correct chronological order of their reported occurrences or scheduling (earliest to latest): 1. The 11th Pakistan Banking Awards. 2. The 2024 uprising in Bangladesh leading to the current political climate for Sheikh Hasina. 3. The reported monsoon-related fatalities in India reaching over 100 on August 6, 2026. 4. The legislative advancement of a conditional amnesty bill for PKK fighters in Turkey.
(a) 2, 3, 4, 1
(b) 3, 2, 4, 1
(c) 2, 1, 3, 4
(d) 4, 2, 3, 1
Explanation: The sequence is determined by the 2024 Bangladesh uprising, followed by the specific disaster reports from India (August 6, 2026), the legislative action in Turkey (August 6, 2026), and finally the scheduled Pakistan Banking Awards (August 21, 2026). [Source: https://www.dawn.com/news/2020870/floods-landslides-leave-over-100-dead-as-monsoon-batters-india]
#4065
Which of the following statements regarding the market performance in March 2026 is INCORRECT?
(a) Foreign corporates were net sellers of equities during the week.
(b) The KSE-100 index experienced a single-session decline of over 16,000 points on Monday.
(c) Cement despatches showed a year-on-year increase in February 2026.
(d) The rupee depreciated significantly against the dollar during the week.
Explanation: The rupee remained largely stable, appreciating marginally by 0.02 percent week-on-week. The other statements accurately reflect the market data provided for the period. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#4066
What was the closing value of the KSE-100 index at the end of the trading week ending on March 8, 2026?
(a) 145,210 points
(b) 157,496 points
(c) 162,305 points
(d) None of these
Explanation: The KSE-100 index closed at 157,496 points after a weekly decline of 6.3 percent. This decline was primarily attributed to investor panic regarding regional geopolitical instability. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#4067
Which of the following measures was initially proposed but subsequently shelved by the government in response to the potential fuel crisis in March 2026?
(a) Rationing of electricity for industrial zones
(b) Complete ban on private vehicle usage
(c) Work from home and distance learning
(d) Immediate closure of all public transport
Explanation: The government considered a national action plan involving work-from-home and distance learning to conserve fuel but decided to keep activities unchanged. The other options were not part of the official proposal mentioned. [Source: https://www.dawn.com/news/1979534/govt-hikes-kerosene-price-by-rs130-to-rs31881-per-litre, 07 Mar 2026]
#4068
Which of the following statements regarding the March 2026 fuel price hike is INCORRECT?
(a) The government decided to implement work-from-home measures for a month.
(b) The price of kerosene was increased by over Rs130 per litre.
(c) The notification for the price hike was issued by the Oil and Gas Regulatory Authority.
(d) Long queues were reported at petrol pumps across several cities.
Explanation: The government explicitly decided to shelve the proposed work-from-home and distance learning measures rather than implement them. The other three statements are factually accurate based on the events of March 2026. [Source: https://www.dawn.com/news/1979534/govt-hikes-kerosene-price-by-rs130-to-rs31881-per-litre, 07 Mar 2026]
#4069
Consider the following statements about the fuel price adjustments in March 2026: 1. The price hike for kerosene was announced shortly after increases in petrol and high-speed diesel prices. 2. Kerosene demand in Pakistan is significantly higher than the combined monthly sales of petrol and high-speed diesel. 3. The government maintained that petroleum reserves were sufficient despite the price adjustments. 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 2 is incorrect because kerosene demand (10,000 tonnes) is significantly lower than the demand for petrol and diesel (700,000 to 800,000 tonnes). Statements 1 and 3 are accurate reflections of the government's position and the sequence of events. [Source: https://www.dawn.com/news/1979534/govt-hikes-kerosene-price-by-rs130-to-rs31881-per-litre, 07 Mar 2026]
#4070
The decline in global crude oil prices on March 11, 2026, was primarily attributed to:
(a) Diplomatic signals regarding the potential end of the conflict with Iran
(b) Increased production from OPEC nations
(c) A sudden drop in global industrial demand
(d) New sanctions imposed on major oil exporters
Explanation: Crude prices plunged following remarks by US President Donald Trump suggesting that the conflict with Iran could end soon, which eased supply disruption concerns. Other options do not reflect the specific geopolitical catalyst mentioned in the market report. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#4071
Which of the following statements regarding the KSE-100 market session on March 11, 2026, is INCORRECT?
(a) The index experienced an intraday high of 158,624.51 points.
(b) The index began the session with a sharp rebound.
(c) The index closed lower compared to the previous session.
(d) The index maintained its early gains throughout the entire trading day.
Explanation: The index did not maintain its gains; the report states that the momentum faded and the index largely erased its early gains by 1pm. Options A, B, and D are factually accurate descriptions of the session. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#4072
Which two permanent members of the UN Security Council abstained from the vote on the resolution adopted on March 11, 2026?
(a) China and Russia
(b) United States and France
(c) France and United Kingdom
(d) United Kingdom and United States
Explanation: The resolution was adopted with 13 votes in favor, while China and Russia chose to abstain. The other permanent members (US, UK, and France) voted in favor. [Source: https://www.dawn.com/news/1981123/unsc-adopts-resolution-against-irans-attacks-on-gulf-nations-tehran-decries-blatant-misuse-of-security-council, 11 Mar 2026]
#4073
Who chaired the Capital Market Development Council (CMDC) meeting held on March 11, 2026?
(a) Muhammad Aurangzeb
(b) Shamshad Akhtar
(c) Miftah Ismail
(d) None of these
Explanation: Muhammad Aurangzeb, as the Finance Minister, chaired the CMDC meeting to discuss reforms for the capital market. The other individuals listed are former finance ministers and are not the current officeholder for the 2026 event. [Source: https://www.dawn.com/news/1980943/finance-minister-stresses-more-balanced-system-where-capital-markets-complement-banking-sector, 11 Mar 2026]
#4074
Consider the following statements about the UNSC resolution adopted on March 11, 2026: 1. The resolution was adopted with 13 votes in favor. 2. Pakistan voted against the resolution due to its diplomatic ties with Tehran. 3. The resolution highlights the impact of attacks on maritime security in the Strait of Hormuz. 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 13 members voted in favor. Statement 2 is incorrect because Pakistan was a co-sponsor and voted in favor of the resolution. Statement 3 is correct as the resolution specifically highlights the adverse impact on maritime security in the Strait of Hormuz. [Source: https://www.dawn.com/news/1981123/unsc-adopts-resolution-against-irans-attacks-on-gulf-nations-tehran-decries-blatant-misuse-of-security-council, 11 Mar 2026]
#4075
Which company led the trading volume on the Pakistan Stock Exchange on March 11, 2026?
(a) K-Electric Limited
(b) Cnergyico PK Limited
(c) The Bank of Punjab
(d) None of these
Explanation: The Bank of Punjab led the trading activity with a volume of 37,706,784 shares. K-Electric and Cnergyico followed with lower trading volumes. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#4076
How many CNICs of deceased individuals were cancelled by Nadra in the reconciliation exercise reported on March 11, 2026?
(a) 2.1 million
(b) 3.0 million
(c) 4.2 million
(d) 5.5 million
Explanation: Nadra reported the cancellation of 4.2 million CNICs following a reconciliation with provincial civil registration records. While 3 million cards were cancelled voluntarily by families, the total figure for the reconciliation exercise is 4.2 million. [Source: https://www.dawn.com/news/1980970/nadra-cancels-42-million-cnics-of-deceased-individuals, 11 Mar 2026]
#4077
Which article of the UN Charter is cited in the March 11, 2026, resolution to underscore the right to self-defense?
(a) Article 42
(b) Article 51
(c) Article 99
(d) Article 103
Explanation: Article 51 of the UN Charter recognizes the inherent right of individual or collective self-defense if an armed attack occurs against a member of the United Nations. This was explicitly invoked in the resolution. [Source: https://www.dawn.com/news/1981123/unsc-adopts-resolution-against-irans-attacks-on-gulf-nations-tehran-decries-blatant-misuse-of-security-council, 11 Mar 2026]
#4078
By what percentage did the KSE-100 index decline during the trading session on March 11, 2026?
(a) 2.53 per cent
(b) 0.2 per cent
(c) 3.10 per cent
(d) 2.02 per cent
Explanation: The KSE-100 index shed 318.65 points, which corresponds to a 0.2 per cent decline. The other percentages refer to the individual stock performance of The Bank of Punjab, K-Electric, and Cnergyico. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#4079
Consider the following statements about the capital market reforms discussed on March 11, 2026: 1. The reforms aim to mobilize long-term domestic savings for private sector investment. 2. The Finance Minister suggested that Pakistan should ignore international experiences to focus solely on local models. 3. Strengthening market-making mechanisms is considered essential for improving investor confidence. 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 3 are correct as they reflect the government's strategy to mobilize savings and improve market infrastructure. Statement 2 is incorrect because the Finance Minister explicitly directed institutions to review and adapt best practices from international and regional markets. [Source: https://www.dawn.com/news/1980943/finance-minister-stresses-more-balanced-system-where-capital-markets-complement-banking-sector, 11 Mar 2026]
#4080
On March 11, 2026, the KSE-100 index closed at which of the following levels?
(a) 156,177.12 points
(b) 158,624.51 points
(c) 155,858.47 points
(d) 155,652.35 points
Explanation: The KSE-100 index closed at 155,858.47 points after shedding 318.65 points. represents the previous day's closing, while C and D represent the intraday high and low, respectively. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]