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.
#4421
Which of the following statements regarding the IHC hearing on March 11, 2026, is INCORRECT?
(a) The court imposed a fine of Rs100,000 on the NAB.
(b) The defense counsel argued that access to the incarcerated former premier had been curtailed for four months.
(c) The NAB prosecutor stated that the special prosecutor was absent due to urgent official duties at the Supreme Court.
(d) The defense counsel drew a parallel between the current case and the military tribunal conviction of Faiz Hameed.
Explanation: The NAB prosecutor claimed the special prosecutor was absent due to 'religious rituals,' not official duties at the Supreme Court. The other statements accurately reflect the proceedings described. [Source: https://www.dawn.com/news/1980875/ihc-fines-nab-rs100000-for-employing-delaying-tactics-in-ps190m-graft-case-against-imran-bushra, 11 Mar 2026]
#4422
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]
#4423
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]
#4424
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]
#4425
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]
#4426
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]
#4427
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]
#4428
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]
#4429
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]
#4430
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]
#4431
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]
#4432
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]
#4433
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]
#4434
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]
#4435
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]
#4436
In the context of the March 10, 2026, UNSC session, what specific term did India use to describe its concern regarding regional trade vulnerabilities?
(a) Transit corridor exploitation
(b) Economic border sabotage
(c) Trade and transit terrorism
(d) Logistical warfare
Explanation: India's representative specifically used the phrase 'trade and transit terrorism' to argue that the vulnerabilities of land-locked developing countries should not be weaponized. This was a central point of contention during the Indian address. [Source: https://www.dawn.com/news/1980464/pakistan-india-exchange-sharp-words-at-un-security-council-over-afghanistan, 10 Mar 2026]
#4437
Which of the following claims was NOT made by the Pakistani representative during the UNSC debate on March 10, 2026?
(a) Pakistan's counter-terrorism operations are in conformity with international humanitarian law.
(b) India has consistently played the role of a spoiler in Afghanistan.
(c) India is a serial violator of international law.
(d) Pakistan supports the Taliban regime's current policy on inclusive governance.
Explanation: Pakistan actually urged the Taliban regime to fulfill its commitments regarding inclusive governance and the rights of women and girls, rather than expressing support for their current policies. The other three statements accurately reflect the arguments presented by the Pakistani envoy. [Source: https://www.dawn.com/news/1980464/pakistan-india-exchange-sharp-words-at-un-security-council-over-afghanistan, 10 Mar 2026]
#4438
Consider the following statements about the current economic environment as of March 10, 2026: 1. Gold prices are inversely related to the strength of the US dollar. 2. A potential de-escalation in the Middle East has led to a decrease in oil prices. 3. The Federal Reserve is expected to raise interest rates significantly at the March 18 meeting. 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 gold prices rise when the dollar weakens, and oil prices fell due to de-escalation news. Statement 3 is incorrect because investors expect the Fed to keep rates steady, not raise them significantly. [Source: https://www.dawn.com/news/1980485/gold-gains-on-weaker-dollar-easing-inflation-concerns, 10 Mar 2026]
#4439
Which of the following is NOT a component of the austerity measures announced by the Sindh government in March 2026?
(a) Immediate privatization of all provincial government departments
(b) Ban on holding Iftar parties on government expenditure
(c) Reduction of fuel for official vehicles by 50 percent
(d) Restriction of official foreign travel to Economy Class
Explanation: The government did not announce the privatization of departments; rather, it focused on cutting operational costs such as travel, fuel, and event expenses. The other three options are verified components of the announced austerity package. [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]
#4440
What was the primary trigger for the temporary suspension of trading at the PSX on March 9, 2026?
(a) A 5 percent decline in the KSE-30 index
(b) A 6.99 percent decline in the KSE-100 index
(c) A 10 percent decline in the KSE-All Share index
(d) None of these
Explanation: According to PSX regulations, a market halt is triggered when the KSE-30 index falls by 5 percent from the previous day's close. This specific regulatory threshold was reached at 9:20am, leading to the suspension of equity-based markets. [Source: https://www.dawn.com/news/1980057/bloodbath-at-psx-as-kse-100-slides-over-11000-points, 09 Mar 2026]