January 2025 Edition
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January 2025 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#1881
How does Microsoft Excel categorize the entry 'January 1, 2000' by default?
(a) Text string
(b) Label
(c) Value
(d) Formula
Explanation: In Microsoft Excel, dates are stored as serial numbers, which the application treats as numeric values.
#1882
In the formula =(January!B3), what does the term 'January' represent within the context of the workbook?
(a) names manager
(b) named range
(c) external reference
(d) scope
Explanation: In Excel, when a formula references a cell on a different worksheet, the sheet name followed by an exclamation point is used.
#1883
A primary school had an enrollment of 850 pupils in January 1970. In January 1980 the enrollment was 1,120. What was the percentage increase for the enrollment?
#1884
(113) The nuclide ""I is radioactive, with a half-life of 8.04 days. At noon, on January 1, the activity of a certain sample is 600 Bq, determine whether the activity at noon on January 24 will be:
(a) A little more than 200 Bq
(b) A little more than 75 Bq
(c) A little less than 75 Bq
(d) A little less than 200 Bq
Explanation: 23 days ≈ 2.86 half-lives, so activity = 600*(1/2)^{23/8.04} ≈ 83 Bq, which is a little more than 75 Bq.
#1885
Consider the following statements about the US-Pakistan trade negotiations as of July 2026: 1. Pakistan successfully negotiated a reduction in the initial IEEPA-based tariff from 29 per cent to 19 per cent in 2025. 2. The temporary global tariff of 10 per cent imposed under Section 122 is scheduled to expire on July 24, 2026. 3. India is currently facing a lower proposed tariff under Section 301 than Pakistan. 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 regarding the 2025 tariff reduction. Statement 2 is correct as the Section 122 tariff has a 150-day statutory limit expiring on July 24, 2026. Statement 3 is incorrect because India faces a 12.5% tariff, which is higher than Pakistan's 10%. [Source: https://www.dawn.com/news/2016679/finance-minister-aurangzeb-arrives-in-us-on-3-day-visit-expected-to-hold-talks-on-trade-finance-investment, 19 Jul 2026]
#1886
Which of the following Apple models remained stable with no change in valuation between the January ruling and the April 2026 ruling?
(a) iPhone 15 Pro Max
(b) iPhone XS Max
(c) iPhone SE 2
(d) iPhone 13
Explanation: The iPhone XS Max and the iPhone SE 3 were identified as the most stable models, showing no change in valuation between the two rulings. Other models like the iPhone 15 Pro Max and iPhone SE 2 experienced varying degrees of upward adjustment. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
#1887
Which Apple mobile phone models remained stable with no change in valuation between the January and April 2026 rulings?
(a) iPhone 15 Pro Max and iPhone 14
(b) iPhone 13 and iPhone 12 Pro
(c) iPhone XS Max and iPhone SE 3
(d) iPhone 11 and iPhone XR
Explanation: The iPhone XS Max and iPhone SE 3 were identified as the most stable models, showing no change in their customs valuation between the two rulings. Other models experienced varying degrees of upward revision. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
#1888
Consider the following statements about the BPS-2026 notification: 1. The new pay scales apply to federal civil employees paid from both civil and defence estimates. 2. Employees posted abroad are eligible to receive the Ad hoc Relief Allowance-2026 during their foreign tenure. 3. The 2022 and 2025 ad hoc relief allowances were abolished upon the implementation of the new scales. 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 notification covers both civil and defence estimates. Statement 3 is correct as the 2022 and 2025 allowances were merged and abolished. Statement 2 is incorrect because employees posted abroad are explicitly excluded from receiving the allowance during their foreign posting. [Source: https://www.brecorder.com/news/40431195/salary-increase-notified-govt-issues-revised-bps-2026-for-civil-servants, 22 Jul 2026]
#1889
Consider the following statements about the automotive sector in 8MFY26: 1. The sharp month-on-month decline in February 2026 sales was partly attributed to a high base effect from January. 2. Lower interest rates and easing inflation were cited as key drivers for year-on-year growth. 3. Tractor sales experienced a significant year-on-year growth of 43 percent during the 8MFY26 period. 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 they reflect the market analysis provided by industry experts. Statement 3 is incorrect because tractor sales actually plunged by 21 percent year-on-year, not grew by 43 percent. [Source: https://www.dawn.com/news/1980724/auto-sales-rise-43pc-in-july-february, 11 Mar 2026]
#1890
According to the Economic Survey 2025-26, what was the total wheat production in Pakistan for FY26?
(a) 28.40 million tonnes
(b) 29.61 million tonnes
(c) 31.20 million tonnes
(d) None of these
Explanation: The Economic Survey 2025-26 reported that wheat production increased to 29.61 million tonnes in FY26, up from 28.40 million tonnes in the previous fiscal year. Option A represents the production figure for FY25, making it a plausible but incorrect distractor. [Source: https://www.dawn.com/news/2018192/private-sector-rejects-govt-wheat-import-plan, 25 Jul 2026]
#1891
The primary surplus achieved by Pakistan during the period of July 2025 to April 2026 was:
(a) 3.5 percent of GDP
(b) 3.0 percent of GDP
(c) 2.5 percent of GDP
(d) 4.0 percent of GDP
Explanation: Effective expenditure management and revenue mobilization efforts enabled the government to achieve a primary surplus of 3.5 percent of GDP during the Jul-Apr period of the 2026 fiscal year. [Source: https://www.dawn.com/news/2011978/govt-expects-easing-inflationary-pressure-in-new-fiscal-year-following-reopening-of-strait-of-hormuz, 30 Jun 2026]
#1892
According to the Ministry of Finance, the current account recorded a surplus of how much during the period of July 2025 to May 2026?
(a) 155 million dollars
(b) 255 million dollars
(c) 355 million dollars
(d) None of these
Explanation: The external sector remained stable, with the current account recording a surplus of 255 million dollars during the Jul-May period of the 2026 fiscal year, supported by remittances and IT exports. [Source: https://www.dawn.com/news/2011978/govt-expects-easing-inflationary-pressure-in-new-fiscal-year-following-reopening-of-strait-of-hormuz, 30 Jun 2026]
#1893
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]
#1894
Consider the following statements about the State Bank of India's capital raising activities: 1. The board approved raising up to 600 billion rupees through debt in the current financial year. 2. The bank's previous perpetual bond issuance occurred in November 2025. 3. The 2026 perpetual debt issuance is designed to be Basel III-compliant. 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 regarding the 600 billion rupee board approval. Statement 3 is correct regarding Basel III compliance. Statement 2 is incorrect because the bank's previous perpetual bond issuance occurred in October 2024, whereas Canara Bank issued bonds in November 2025. [Source: https://www.brecorder.com/news/40431637/indias-sbi-to-issue-first-rupee-denominated-perpetual-debt-of-2026-sources-say, 24 Jul 2026]
#1895
What is the revised markup rate fixed by the federal government for development loans and advances for the fiscal year 2025-26?
(a) 10.30 percent
(b) 17.74 percent
(c) 11.89 percent
(d) 17.84 percent
Explanation: The Ministry of Finance fixed the markup rate at 11.89 percent for the 2025-26 fiscal year. This represents a significant reduction from the 17.74 percent rate applied in the previous fiscal year. [Source: https://www.dawn.com/news/2018194/centre-cuts-markup-on-uplift-loans-to-1189pc, 24 Jul 2026]
#1896
Consider the following statements about the automotive sector in 8MFY26: 1. The sharp month-on-month decline in February 2026 sales was partly attributed to a high base effect from January. 2. Lower interest rates and easing inflation were cited as key drivers for year-on-year growth. 3. Tractor sales experienced a significant year-on-year growth of 43 percent during the 8MFY26 period. 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 they reflect the market analysis provided by industry experts. Statement 3 is incorrect because tractor sales actually plunged by 21 percent year-on-year, not grew by 43 percent. [Source: https://www.dawn.com/news/1980724/auto-sales-rise-43pc-in-july-february, 11 Mar 2026]
#1897
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]
#1898
India's domestic defence production reached a record high of how much in the financial year ended March 2025?
(a) $10.09 billion
(b) $16.09 billion
(c) $12.09 billion
(d) $20.09 billion
Explanation: India's domestic defence production hit a record high of $16.09 billion in the financial year ending March 2025. This figure highlights the success of the government's push for local manufacturing. [Source: https://www.dawn.com/news/2003481/india-seeks-proposals-for-5th-generation-combat-jets-ani, 27 May 2026]
#1899
The 20 billion dollars worth of goods subject to the new tariffs represent approximately what percentage of total US imports from Canada in 2025?
(a) 5.2 percent
(b) 8.4 percent
(c) 12.1 percent
(d) 15.5 percent
Explanation: According to US Census Bureau data, the 20 billion dollars in affected goods accounts for roughly 5.2 percent of the 382 billion dollars in total imports from Canada during 2025. [Source: https://www.dawn.com/news/2017209/us-imposes-new-50pc-tariffs-on-20bn-worth-of-canadian-products, 21 Jul 2026]
#1900
Consider the following statements about the US-Pakistan trade negotiations as of July 2026: 1. Pakistan successfully negotiated a reduction in the initial IEEPA-based tariff from 29 per cent to 19 per cent in 2025. 2. The temporary global tariff of 10 per cent imposed under Section 122 is scheduled to expire on July 24, 2026. 3. India is currently facing a lower proposed tariff under Section 301 than Pakistan. 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 regarding the 2025 tariff reduction. Statement 2 is correct as the Section 122 tariff has a 150-day statutory limit expiring on July 24, 2026. Statement 3 is incorrect because India faces a 12.5% tariff, which is higher than Pakistan's 10%. [Source: https://www.dawn.com/news/2016679/finance-minister-aurangzeb-arrives-in-us-on-3-day-visit-expected-to-hold-talks-on-trade-finance-investment, 19 Jul 2026]