July 2025 Edition
Start July Quiz
July 2025 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#2101
What was the benchmark three-month copper price per metric ton on the London Metal Exchange on July 23, 2026?
(a) $12,550.25
(b) $14,890.75
(c) $13,725.50
(d) $15,210.00
Explanation: The benchmark three-month copper price was recorded at $13,725.50 per metric ton on the LME on July 23, 2026. This figure reflects the market adjustment following the rise in global oil prices. [Source: https://www.brecorder.com/news/40431447/copper-dips-as-soaring-oil-prices-weigh-on-economic-outlook, 23 Jul 2026]
#2102
As of July 23, 2026, the available LME copper stocks were at their lowest level since which month?
(a) January 2026
(b) March 2026
(c) May 2026
(d) June 2026
Explanation: Available LME copper stocks were reported at 107,850 tons, which represents the lowest inventory level since January 2026. This scarcity of supply has provided some support to copper prices despite broader economic headwinds. [Source: https://www.brecorder.com/news/40431447/copper-dips-as-soaring-oil-prices-weigh-on-economic-outlook, 23 Jul 2026]
#2103
Which of the following statements regarding the copper market on July 23, 2026, is INCORRECT?
(a) Copper is considered a bellwether for the global economy.
(b) The Yangshan copper premium in China reached its lowest level since November 2022.
(c) Higher energy prices are increasing the likelihood of interest rate hikes.
(d) Strong copper shipments into the United States are occurring ahead of potential tariffs.
Explanation: The Yangshan copper premium in China was actually at its highest daily assessment since November 2022, not the lowest. The other statements accurately reflect the market conditions described. [Source: https://www.brecorder.com/news/40431447/copper-dips-as-soaring-oil-prices-weigh-on-economic-outlook, 23 Jul 2026]
#2104
Consider the following statements about the market conditions on July 23, 2026: 1. The Pakistani rupee closed at 277.90 in the inter-bank market. 2. Brent crude oil prices rose by approximately 7%. 3. The US dollar index strengthened significantly due to the Iran-US tensions. 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 inter-bank closing rate was 277.90. Statement 2 is correct as Brent futures rose by 7%. Statement 3 is incorrect because the US dollar index actually eased by 0.06% rather than strengthening significantly. [Source: https://www.brecorder.com/news/40431436/pakistani-rupee-records-gain-against-us-dollar, 23 Jul 2026]
#2105
On July 23, 2026, what was the primary geopolitical factor cited for the decline in Indian equity markets?
(a) Escalating tensions in the Middle East
(b) Unexpected interest rate hikes by the central bank
(c) Severe monsoon-related supply chain disruptions
(d) None of these
Explanation: The decline in Indian shares was attributed to rising oil prices caused by geopolitical tensions in the Middle East. This surge in energy costs negatively impacted investor sentiment and global risk appetite. [Source: https://www.brecorder.com/news/40431442/indian-shares-extend-drop-on-oil-surge-infosys-indigo-results-awaited, 23 Jul 2026]
#2106
Which commodity experienced a price increase of $4.52 per barrel on July 23, 2026, amid regional tensions?
(a) Brent crude
(b) Natural gas
(c) West Texas Intermediate
(d) None of these
Explanation: Brent crude futures rose by $4.52, or 4.80%, to reach $98.59 a barrel on July 23, 2026. This increase was driven by market concerns regarding shipping routes and regional geopolitical instability. [Source: https://www.brecorder.com/news/40431470/most-gulf-markets-gain-on-quarterly-earnings-but-geopolitical-risks-limit-upside, 23 Jul 2026]
#2107
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]
#2108
Consider the following statements about the market conditions on July 23, 2026: 1. The Dubai main share index was supported by a rise in Emirates NBD shares. 2. The Qatari index experienced a decline due to the performance of Qatar Gas Transport. 3. Saudi Aramco shares closed lower, contributing to the overall market volatility. 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 2 are correct as per the market data. Statement 3 is incorrect because Saudi Aramco shares actually closed 1% higher, not lower, on that day. [Source: https://www.brecorder.com/news/40431470/most-gulf-markets-gain-on-quarterly-earnings-but-geopolitical-risks-limit-upside, 23 Jul 2026]
#2109
Which of the following indices recorded a decline on July 23, 2026, contrary to the general trend in the Gulf?
(a) Dubai main share index
(b) Abu Dhabi index
(c) Qatari index
(d) Saudi Arabia benchmark index
Explanation: The Qatari index dropped by 0.3% on July 23, 2026, while the indices for Dubai, Abu Dhabi, and Saudi Arabia all recorded gains. The decline in Qatar was influenced by the retreat of Qatar Gas Transport. [Source: https://www.brecorder.com/news/40431470/most-gulf-markets-gain-on-quarterly-earnings-but-geopolitical-risks-limit-upside, 23 Jul 2026]
#2110
On July 23, 2026, which international oil benchmark exceeded the $100 per barrel price threshold?
(a) West Texas Intermediate
(b) Brent North Sea crude
(c) OPEC Reference Basket
(d) None of these
Explanation: Brent North Sea crude is the specific benchmark cited as having topped $100 per barrel on the event date. West Texas Intermediate is a common alternative benchmark but was not the primary focus of this specific market report. [Source: https://www.brecorder.com/news/40431469/us-stocks-tumble-as-brent-oil-tops-100, 23 Jul 2026]
#2111
Consider the following statements about the Indian market performance on July 23, 2026: 1. Both the Nifty 50 and BSE Sensex recorded their fourth consecutive session of losses. 2. The decline was limited to only three major sectors of the Indian economy. 3. Analysts identified a sustained rise in oil prices above $100 per barrel as a significant risk to future market performance. 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 indices logged their fourth straight session of losses. Statement 2 is incorrect because fifteen of the sixteen major sectors fell. Statement 3 is correct as analysts highlighted the $100 per barrel threshold as a critical risk factor. [Source: https://www.brecorder.com/news/40431442/indian-shares-extend-drop-on-oil-surge-infosys-indigo-results-awaited, 23 Jul 2026]
#2112
Consider the following statements about the market situation on July 23, 2026: 1. The Dow Jones Industrial Average experienced a decline of 0.8 percent. 2. Investor skepticism was linked to high capital spending on new technologies by major firms. 3. The conflict in the Middle East was identified as a primary driver for the surge in oil prices. 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 correct based on the report. The Dow Jones fell by 0.8 percent, tech firms faced skepticism over capital expenditure, and the Middle East conflict was the catalyst for the oil price surge. [Source: https://www.brecorder.com/news/40431469/us-stocks-tumble-as-brent-oil-tops-100, 23 Jul 2026]
#2113
The surge in global oil prices on July 23, 2026, was primarily triggered by tensions involving which of the following?
(a) Strait of Malacca
(b) Suez Canal
(c) Panama Canal
(d) Strait of Hormuz
Explanation: The rise in Brent crude prices was linked to fears of supply disruptions spreading beyond the Strait of Hormuz following attacks on Saudi oil tankers. This geopolitical risk directly impacted global energy markets. [Source: https://www.brecorder.com/news/40431443/indian-rupee-ends-nearly-flat-as-central-bank-intervention-blunts-oil-strain, 23 Jul 2026]
#2114
Which factor primarily contributed to the rise in global oil prices as of July 23, 2026?
(a) Increased global demand for aviation fuel
(b) Escalating hostilities in the Middle East
(c) OPEC production quota adjustments
(d) None of these
Explanation: Oil prices rose significantly due to escalating hostilities in the Middle East, specifically involving attacks on oil tankers. This geopolitical instability is the primary driver mentioned for the price surge. [Source: https://www.brecorder.com/news/40431447/copper-dips-as-soaring-oil-prices-weigh-on-economic-outlook, 23 Jul 2026]
#2115
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]
#2116
Consider the following statements about the global commodity market on July 23, 2026: 1. Copper prices declined due to the negative impact of soaring oil prices on the economic outlook. 2. The cash LME copper contract was trading at a discount compared to the three-month forward contract. 3. Oil prices rose for five consecutive days leading up to the report. 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 copper prices tracked equity markets downward due to oil price pressure. Statement 3 is correct as oil prices rose for a fifth day. Statement 2 is incorrect because the cash LME copper contract was trading at a premium, not a discount, over the three-month forward. [Source: https://www.brecorder.com/news/40431447/copper-dips-as-soaring-oil-prices-weigh-on-economic-outlook, 23 Jul 2026]
#2117
Consider the following statements regarding the Indian market conditions on July 23, 2026: 1. The Nifty 50 benchmark index experienced a decline. 2. Brent crude oil prices approached the $100 per barrel threshold. 3. The Indian rupee showed significant appreciation against the dollar due to market optimism. 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: The Nifty 50 fell by 0.5%, and Brent crude prices neared $100 per barrel. The rupee did not appreciate significantly; it remained nearly flat due to central bank intervention, making statement 3 incorrect. [Source: https://www.brecorder.com/news/40431443/indian-rupee-ends-nearly-flat-as-central-bank-intervention-blunts-oil-strain, 23 Jul 2026]
#2118
Consider the following statements about the current Middle Eastern energy landscape as of July 2026: 1. ADNOC has sold over 74 million barrels of crude in previous tenders since June. 2. The viability of the shuttle fleet service is currently considered certain and risk-free. 3. Spot premiums for Middle Eastern crude have reached a more than one-month high. 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 factually correct based on the report. Statement 2 is incorrect because the report explicitly states that the viability of the shuttle fleet service is unclear due to ongoing hostilities. [Source: https://www.brecorder.com/news/40431617/adnoc-offers-crude-oil-in-7th-tender-issued-since-june-sources-say, 24 Jul 2026]
#2119
Which of the following is NOT a stated objective of the US Central Command (Centcom) strikes against Iran as of July 24, 2026?
(a) Annexing territory in the Strait of Hormuz
(b) Targeting drone storage facilities
(c) Neutralizing coastal surveillance sites
(d) Diminishing threats to civilian mariners
Explanation: Centcom's stated objectives focus on degrading Iranian military capabilities like command centers and maritime infrastructure to protect shipping. Annexation is not a stated objective of these military operations. [Source: https://www.dawn.com/news/2018016/us-strikes-iran-again-to-diminish-threat-to-mariners-vessels-after-attacks-on-saudi-oil-tankers-in-red-sea, 24 Jul 2026]
#2120
Consider the following statements regarding the economic situation in India as of July 2026: 1. The United States is imposing new tariffs on Indian goods due to allegations regarding forced labour bans. 2. Indian benchmarks have experienced a decline of approximately 2% over the week. 3. IndiGo reported a profit for the current quarter despite the rising fuel prices. 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 2 are factually correct based on the report. Statement 3 is incorrect because IndiGo posted a loss, not a profit, driven by soaring fuel prices and regional uncertainty. [Source: https://www.brecorder.com/news/40431590/indian-shares-to-open-lower-as-crude-tops-100, 24 Jul 2026]