October 2024 Edition

October 2024 Current Affairs MCQs & Solutions

Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.

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#1441

For what duration was the Muhammad Ali Formula debated by the Constituent Assembly in October?

(a) 10 days
(b) 15 days
(c) 12 days
(d) 13 days
Explanation: The Muhammad Ali Bogra Formula was a significant attempt to resolve the deadlock regarding representation in Pakistan's early constitutional history. When presented to the Constituent Assembly in October 1953, the proposal underwent intense scrutiny and deliberation. Historical records indicate that the assembly members engaged in a thorough debate over the formula for exactly 13 days before moving toward further legislative processes.
#1442

Following the Governor-General's dissolution of the first Constituent Assembly of Pakistan on October 24, 1954, Maulvi Tamiz-ud-Din Khan filed a legal challenge. Under which specific section of the Government of India Act, 1935, was this writ petition filed?

(a) 224-A of the Government of India Act, 1935
(b) 225-A of the Government of India Act, 1935
(c) 228-A of the Government of India Act, 1935
(d) 223-A of the Government of India Act, 1935
Explanation: Maulvi Tamiz-ud-Din Khan filed a writ petition in the Sindh Chief Court challenging the dissolution of the Constituent Assembly. He invoked Section 223-A of the Government of India Act, 1935, which had been inserted by the Constituent Assembly to empower High Courts to issue prerogative writs. This case, known as the Tamizuddin Khan case, became a landmark constitutional dispute regarding the limits of executive power in early Pakistan.
#1443

Following the assassination of Liaquat Ali Khan in October 1951, Ghulam Muhammad assumed the role of Governor-General; who was subsequently appointed as the new Prime Minister?

(a) Khawaja Nazim-ud-Din
(b) Chaudhry Zafarullah Khan
(c) Ghulam Muhammad
(d) Fazal-ur-Rehman
Explanation: After the tragic assassination of Pakistan's first Prime Minister, Liaquat Ali Khan, in 1951, Khawaja Nazim-ud-Din, who was serving as the Governor-General, stepped down from that role to become the Prime Minister. Ghulam Muhammad, who was the Finance Minister, was then appointed as the new Governor-General, setting the stage for future executive-legislative conflicts.
#1444

During the month of October, for how many days did the Constituent Assembly engage in the formal debate regarding the Muhammad Ali Formula?

(a) 15 days
(b) 12 days
(c) 10 days
(d) 13 days
Explanation: The Muhammad Ali Formula was a critical proposal aimed at resolving the deadlock over representation in the federal legislature. The Constituent Assembly dedicated 13 days in October to debating this formula. The discussions were intense, reflecting the difficulty of balancing the interests of the various provinces and the two wings of the country. Despite the extensive debate, the formula was eventually overtaken by the political events that led to the assembly's dissolution.
#1445

Following the assassination of Prime Minister Liaquat Ali Khan in October 1951, who was appointed as his successor to the office of Prime Minister?

(a) Khawaja Nazim-ud-Din
(b) Fazal-ur-Rehman
(c) Ghulam Muhammad
(d) Ch.Zafarullah Khan
Explanation: Upon the assassination of Liaquat Ali Khan, the Governor-General Khawaja Nazim-ud-Din resigned from his position to become the Prime Minister of Pakistan. Ghulam Muhammad, who was the Finance Minister at the time, was subsequently appointed as the new Governor-General, marking a significant shift in the political leadership of the early Pakistani state.
#1446

In which year did the Yom Kippur War, also referred to as the October War, take place?

(a) 1978
(b) 1965
(c) 1975
(d) 1973
Explanation: The Yom Kippur War was fought in October 1973 between a coalition of Arab states led by Egypt and Syria against Israel. The conflict began when the Arab coalition launched a surprise attack on the Jewish holy day of Yom Kippur. The war had significant geopolitical consequences, including the 1973 oil crisis and subsequent diplomatic shifts in the Middle East.
#1447

Which prestigious civilian award was conferred upon Prince Rahim al-Hussaini Aga Khan V in 2024?

(a) Tamgha-i-Pakistan
(b) Hilal-i-Pakistan
(c) Sitara-i-Pakistan
(d) Nishan-i-Pakistan
Explanation: The Nishan-i-Pakistan is the nation's highest civilian award, which was granted to the Prince in 2024 for his family's contributions to the country. The other options are lower-tier civil awards. [Source: https://www.dawn.com/news/2001810/aga-khan-affirms-commitment-to-supporting-development-during-meeting-with-president-zardari, 20 May 2026]
#1448

Consider the following statements about Pakistan's engagement with the SCO: 1. Pakistan hosted the Meeting of the Council of Heads of Government in October 2024. 2. Pakistan leads an SCO working group specifically focused on poverty alleviation. 3. The SCO was originally formed in 2001 as a security cooperation group. 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. Pakistan hosted the 2024 government-level meeting, chairs the poverty alleviation working group, and the SCO was indeed founded in 2001 with a primary focus on security. [Source: https://www.dawn.com/news/2008079/pakistan-to-assume-chairmanship-of-sco-council-of-heads-of-states-in-september, 15 Jun 2026]
#1449

Consider the following statements about development loans in Pakistan: 1. The markup rate for 2025-26 is lower than the rate charged in 2024-25. 2. The federal government charges markup on loans to provincial governments as a source of revenue. 3. Foreign re-lent loans are advanced by the federal government out of its own domestic resources. 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 rate dropped from 17.74 percent to 11.89 percent. Statement 2 is correct as markup on these loans is a key revenue stream. Statement 3 is incorrect because cash development loans are funded from domestic resources, while foreign re-lent loans are sourced from international lenders. [Source: https://www.dawn.com/news/2018194/centre-cuts-markup-on-uplift-loans-to-1189pc, 24 Jul 2026]
#1450

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]
#1451

Consider the following statements about the EU-Pakistan GSP+ status: 1. It was initially granted to Pakistan in 2014. 2. It allows Pakistan to enjoy duty-free or minimum duty on exports to the EU. 3. The European Parliament voted to extend the status until 2027 in October 2023. 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: the status was granted in 2014, it provides significant tariff concessions, and the extension until 2027 was confirmed by the European Parliament in October 2023. [Source: https://www.dawn.com/news/2003965/eus-top-diplomat-kallas-to-visit-islamabad-on-june-1-for-strategic-dialogue, 30 May 2026]
#1452

In 2024, which Indian regulatory body investigated Amazon for alleged breaches of competition laws related to deep discounting?

(a) Securities and Exchange Board of India
(b) Insurance Regulatory and Development Authority
(c) Reserve Bank of India
(d) Competition Commission of India
Explanation: The Competition Commission of India (the antitrust watchdog) conducted the investigation into Amazon's business practices. The other bodies listed regulate financial markets, banking, and insurance, respectively. [Source: https://www.brecorder.com/news/40431461/india-relaxes-e-commerce-investment-rules-for-exports-in-win-for-amazon, 23 Jul 2026]
#1453

On July 23, 2026, the benchmark palm oil contract for October delivery reached its highest level in more than three months on which exchange?

(a) Chicago Board of Trade
(b) Bursa Malaysia Derivatives Exchange
(c) Dalian Commodity Exchange
(d) None of these
Explanation: The benchmark palm oil contract is traded on the Bursa Malaysia Derivatives Exchange. The Chicago Board of Trade and Dalian Commodity Exchange are relevant to rival oils like soyoil but are not the primary venue for the Malaysian palm oil contract mentioned. [Source: https://www.brecorder.com/news/40431446/palm-oil-hits-3-month-high-on-supply-risks-biodiesel-demand-prospects, 23 Jul 2026]
#1454

India's edible oil imports are projected to climb between July and October 2026 primarily due to:

(a) A sudden drop in global palm oil prices
(b) Slower domestic crushing of soybean and rapeseed
(c) A government mandate to increase biofuel blending
(d) None of these
Explanation: India's imports are expected to rise because slower domestic crushing of soybean and rapeseed is eroding local supplies. This creates a need for imports to meet demand ahead of the festive season. [Source: https://www.brecorder.com/news/40431446/palm-oil-hits-3-month-high-on-supply-risks-biodiesel-demand-prospects, 23 Jul 2026]
#1455

Consider the following statements about development loans in Pakistan: 1. The markup rate for 2025-26 is lower than the rate charged in 2024-25. 2. The federal government charges markup on loans to provincial governments as a source of revenue. 3. Foreign re-lent loans are advanced by the federal government out of its own domestic resources. 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 rate dropped from 17.74 percent to 11.89 percent. Statement 2 is correct as markup on these loans is a key revenue stream. Statement 3 is incorrect because cash development loans are funded from domestic resources, while foreign re-lent loans are sourced from international lenders. [Source: https://www.dawn.com/news/2018194/centre-cuts-markup-on-uplift-loans-to-1189pc, 24 Jul 2026]
#1456

Consider the following statements about the Senate vehicle procurement controversy: 1. The vehicle was purchased during the 2024-2025 financial year. 2. The Senate Secretariat claimed the purchase was part of a transparent procurement process. 3. The vehicle was delivered to the Senate Chairperson in May 2025. 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 purchase occurred in the 2024-2025 financial year. Statement 2 is correct as the Secretariat cited a transparent procurement process. Statement 3 is incorrect because the vehicle was delivered in March 2026, not May 2025 (which was when the payment was made). [Source: https://www.dawn.com/news/1982703/rebuttal-on-purchase-of-luxury-vehicle-for-yousaf-raza-gilani-from-senate-budget-leaves-questions-unanswered, 16 Mar 2026]
#1457

On July 23, 2026, the benchmark palm oil contract for October delivery reached its highest level in more than three months on which exchange?

(a) Chicago Board of Trade
(b) Bursa Malaysia Derivatives Exchange
(c) Dalian Commodity Exchange
(d) None of these
Explanation: The benchmark palm oil contract is traded on the Bursa Malaysia Derivatives Exchange. The Chicago Board of Trade and Dalian Commodity Exchange are relevant to rival oils like soyoil but are not the primary venue for the Malaysian palm oil contract mentioned. [Source: https://www.brecorder.com/news/40431446/palm-oil-hits-3-month-high-on-supply-risks-biodiesel-demand-prospects, 23 Jul 2026]
#1458

India's edible oil imports are projected to climb between July and October 2026 primarily due to:

(a) A sudden drop in global palm oil prices
(b) Slower domestic crushing of soybean and rapeseed
(c) A government mandate to increase biofuel blending
(d) None of these
Explanation: India's imports are expected to rise because slower domestic crushing of soybean and rapeseed is eroding local supplies. This creates a need for imports to meet demand ahead of the festive season. [Source: https://www.brecorder.com/news/40431446/palm-oil-hits-3-month-high-on-supply-risks-biodiesel-demand-prospects, 23 Jul 2026]
#1459

The benchmark palm oil contract for October delivery is traded on which exchange?

(a) Dalian Commodity Exchange
(b) Chicago Board of Trade
(c) Bursa Malaysia Derivatives Exchange
(d) Singapore Exchange
Explanation: The benchmark palm oil contract is traded on the Bursa Malaysia Derivatives Exchange. The Chicago Board of Trade and Dalian Commodity Exchange are venues for rival oils like soyoil. [Source: https://www.brecorder.com/news/40431640/palm-oil-hits-15-week-high-posts-third-weekly-gain, 24 Jul 2026]
#1460

On July 27, 2026, the benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange closed at:

(a) 4,250 ringgit
(b) 4,673 ringgit
(c) 4,890 ringgit
(d) None of these
Explanation: The benchmark palm oil contract for October delivery fell by 49 ringgit to close at 4,673 ringgit per metric ton on July 27, 2026. This decline followed a period where the commodity had reached a 15-week high. [Source: https://www.brecorder.com/news/40432000/palm-slips-more-than-1-on-weaker-crude-chinese-vegetable-oils, 27 Jul 2026]