July 2025 Edition
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July 2025 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#5881
Consider the following statements about Pakistan's external debt management for FY27: 1. The total external debt servicing requirement is lower than that of FY26. 2. Approximately $10-11 billion of the principal debt is expected to be rolled over or refinanced. 3. The SBP Governor reported that $6 billion of the total debt servicing was already settled by the end of July 2026. 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 SBP Governor's briefing. The total debt servicing decreased from $26.5 billion in FY26 to $21.5 billion in FY27, with $6 billion already settled in July 2026. [Source: https://www.brecorder.com/news/40432030/pakistans-fy27-external-debt-servicing-projected-at-215bn-sbp-governor, 27 Jul 2026]
#5882
What was the primary driver for the rise in Gulf equity markets on July 27, 2026?
(a) Record-breaking quarterly earnings across all sectors
(b) Hopes of a diplomatic de-escalation in the U.S.-Iran conflict
(c) A sudden surge in global oil prices above $100 per barrel
(d) None of these
Explanation: The market rally was primarily attributed to investor optimism regarding a potential diplomatic off-ramp in the U.S.-Iran war. Oil prices actually declined to a one-week low, making option C incorrect. [Source: https://www.brecorder.com/news/40432018/gulf-stocks-advance-on-iran-de-escalation-hopes-saudi-ends-flat-after-oil-site-attacks, 27 Jul 2026]
#5883
Consider the following statements about the Indian bond market and economic indicators as of July 27, 2026: 1. The 10-year Treasury yield eased to 4.64%. 2. The most liquid five-year swap rate dropped to settle at 6.36%. 3. Analysts at Capital Economics identified strong monsoon rainfall as a primary driver for economic growth. 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 factually correct based on the market data provided. Statement 3 is incorrect because analysts identified weak, not strong, monsoon rainfall as a potential inflation risk. [Source: https://www.brecorder.com/news/40432016/india-10-year-bond-yield-logs-biggest-plunge-in-2-months-as-oil-rally-falters, 27 Jul 2026]
#5884
Which Dubai-based developer saw its shares climb by 2% on July 27, 2026?
(a) Aldar Properties
(b) Emaar Properties
(c) Damac Properties
(d) Nakheel Properties
Explanation: Emaar Properties is the blue-chip developer mentioned as having climbed 2% during the session. Aldar Properties is based in Abu Dhabi, not Dubai. [Source: https://www.brecorder.com/news/40432018/gulf-stocks-advance-on-iran-de-escalation-hopes-saudi-ends-flat-after-oil-site-attacks, 27 Jul 2026]
#5885
Consider the following statements about the regional market situation on July 27, 2026: 1. The Pentagon paused its 13-night campaign against Iran, contributing to de-escalation hopes. 2. Saudi Aramco facilities in both Jizan and Yanbu were targeted by attacks. 3. Qatar’s benchmark index declined due to poor financial sector 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 and 2 are factually correct based on the report. Statement 3 is incorrect because Qatar's index actually rose, supported by strong earnings in the financial sector. [Source: https://www.brecorder.com/news/40432018/gulf-stocks-advance-on-iran-de-escalation-hopes-saudi-ends-flat-after-oil-site-attacks, 27 Jul 2026]
#5886
Which factor was primarily responsible for the sharp decline in Indian bond yields on July 27, 2026?
(a) A surge in monsoon rainfall
(b) A sudden increase in the current-account deficit
(c) An immediate hike in Federal Reserve rates
(d) A decline in crude oil prices
Explanation: The decline in bond yields was driven by a sharp drop in crude oil prices following a pause in US-Iran hostilities. Higher oil prices typically increase inflationary pressure and worsen the current-account balance, which would otherwise push yields higher. [Source: https://www.brecorder.com/news/40432016/india-10-year-bond-yield-logs-biggest-plunge-in-2-months-as-oil-rally-falters, 27 Jul 2026]
#5887
The decline in palm oil prices on July 27, 2026, was primarily attributed to a heavy decline in which of the following?
(a) Gold reserves
(b) Energy futures
(c) Textile exports
(d) Interest rates
Explanation: Palm oil prices are closely linked to energy futures because palm oil is used as a feedstock for biodiesel. A drop in crude oil prices makes palm oil less competitive as a fuel alternative, leading to a decline in its market value. [Source: https://www.brecorder.com/news/40432000/palm-slips-more-than-1-on-weaker-crude-chinese-vegetable-oils, 27 Jul 2026]
#5888
Consider the following statements about the global vegetable oil market as of July 27, 2026: 1. Palm oil prices are influenced by the price movements of rival edible oils. 2. The strengthening of the currency of trade generally makes a commodity more expensive for foreign buyers. 3. Geopolitical de-escalation in the Strait of Hormuz contributed to a rise in crude 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: Statement 1 is correct as palm oil competes in the global market with other oils. Statement 2 is correct as a stronger currency increases the cost for buyers using foreign currency. Statement 3 is incorrect because the de-escalation in the Strait of Hormuz led to a decline in crude oil prices, not a rise. [Source: https://www.brecorder.com/news/40432000/palm-slips-more-than-1-on-weaker-crude-chinese-vegetable-oils, 27 Jul 2026]
#5889
What is the new price of petrol per litre following the government's adjustment on July 27, 2026?
(a) Rs520.35
(b) Rs386.83
(c) Rs458.41
(d) Rs334.18
Explanation: Following the adjustment announced on July 27, 2026, the price of petrol was set at Rs334.18 per litre. The other figures represent either the price of HSD or historical peak prices mentioned in the report. [Source: https://www.dawn.com/news/2018803/govt-decreases-petrol-price-by-re1-increases-hsd-price-by-rs337, 27 Jul 2026]
#5890
Which of the following US Congressmen was part of the delegation that visited Pakistan in July 2026?
(a) Ryan Keith Zinke
(b) Michael McCaul
(c) Brad Sherman
(d) None of these
Explanation: Ryan Keith Zinke, representing Montana, was one of the two US congressmen who visited Pakistan. Michael James was the other member of the delegation, making 'None of these' incorrect as Zinke is explicitly listed. [Source: https://www.dawn.com/news/2018779/in-meeting-with-cdf-munir-us-congressmen-acknowledge-pakistans-critical-role-in-regional-stability-ispr, 27 Jul 2026]
#5891
Consider the following statements about the visit of the US delegation in July 2026: 1. The delegation met with the Governor of Punjab in Lahore. 2. The US congressmen expressed that the bilateral relationship has never been better. 3. The delegation visited the mausoleum of Allama Iqbal during their stay in Islamabad. 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 the delegation met the Punjab Governor and Zinke remarked on the strength of the relationship. Statement 3 is incorrect because the mausoleum of Allama Iqbal is located in Lahore, not Islamabad. [Source: https://www.dawn.com/news/2018779/in-meeting-with-cdf-munir-us-congressmen-acknowledge-pakistans-critical-role-in-regional-stability-ispr, 27 Jul 2026]
#5892
Which of the following statements regarding the oil market situation on July 27, 2026, is INCORRECT?
(a) Brent crude futures fell by approximately 6 percent.
(b) US West Texas Intermediate crude fell to as low as 8 percent earlier in the day.
(c) Saudi Arabia's air defences intercepted drones launched from Iraq.
(d) A signed diplomatic framework was established between the US and Iran to guarantee oil flow.
Explanation: Market analysts explicitly stated that there is no signed framework, no verification mechanism, and no agreed timeline for the pause in hostilities. Options A, B, and D are factually accurate descriptions of the events reported on that date. [Source: https://www.dawn.com/news/2018729/oil-prices-near-one-week-low-after-us-iran-pause-fighting-over-weekend, 27 Jul 2026]
#5893
On 28 July 2026, Prime Minister Shehbaz Sharif chaired a meeting of which specific body to discuss energy sector reforms?
(a) Cabinet Committee on Energy
(b) National Economic Council
(c) Executive Committee of the National Economic Council
(d) None of these
Explanation: The Prime Minister chaired the Cabinet Committee on Energy (CCoE) to approve amendments to the oil refining policy and discuss strategic petroleum reserves. The other committees listed are distinct bodies with different mandates. [Source: https://www.dawn.com/news/2018968/pm-orders-increase-in-countrys-strategic-petroleum-reserves-changes-to-oil-refining-policy-approved, 28 Jul 2026]
#5894
According to shipping data from Kpler, oil flows through the Strait of Hormuz during the weekend of July 27, 2026, fell to what percentage of pre-war levels?
(a) 5 percent
(b) 25 percent
(c) 15 percent
(d) 35 percent
Explanation: Shipping data indicated that flows through the Strait of Hormuz dropped to approximately 15 percent of pre-war levels. This reduction reflects the severe impact of regional military tensions on maritime energy transit. [Source: https://www.dawn.com/news/2018729/oil-prices-near-one-week-low-after-us-iran-pause-fighting-over-weekend, 27 Jul 2026]
#5895
Consider the following statements about the energy sector reforms discussed on 28 July 2026: 1. The government aims to increase strategic petroleum reserves to mitigate supply shocks. 2. The Oil and Gas Regulatory Authority (Ogra) is slated for performance-related reforms. 3. The federal budget for FY24-25 provided full, uninterrupted support for the 2023 refining policy. 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 they reflect the PM's directives. Statement 3 is incorrect because the federal budget for FY24-25 actually nullified many incentives in the 2023 policy, causing refineries to pause their projects. [Source: https://www.dawn.com/news/2018968/pm-orders-increase-in-countrys-strategic-petroleum-reserves-changes-to-oil-refining-policy-approved, 28 Jul 2026]
#5896
Consider the following statements about the energy security situation on July 27, 2026: 1. The conflict has caused oil shipments to be diverted away from the Red Sea. 2. Houthi forces targeted supply sites linking eastern Saudi Arabia to the city of Yanbu. 3. The Caspian Pipeline Consortium terminal in the Black Sea remained closed indefinitely as of July 27, 2026. 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 impact on Red Sea shipping and the specific targets of Houthi attacks. Statement 3 is incorrect because the energy ministry reported that the Caspian Pipeline Consortium terminal had resumed oil loadings. [Source: https://www.dawn.com/news/2018729/oil-prices-near-one-week-low-after-us-iran-pause-fighting-over-weekend, 27 Jul 2026]
#5897
Which of the following statements regarding the fuel pricing policy in July 2026 is INCORRECT?
(a) The government decided to move toward a daily fuel pricing mechanism.
(b) The All Pakistan Dealers Association expressed support for the daily pricing decision.
(c) The price adjustments were influenced by hostilities in the Persian Gulf.
(d) The Petroleum Division issued a notification regarding the new prices.
Explanation: The All Pakistan Dealers Association rejected the daily pricing decision and threatened to protest, making statement B incorrect. The other statements accurately reflect the government's policy and the context of the price changes. [Source: https://www.dawn.com/news/2019031/govt-increases-petrol-price-by-rs163-hsd-price-by-rs155, 28 Jul 2026]
#5898
The Diyat value for FY2026-27 represents an approximate percentage increase over the FY2025-26 value?
(a) 56 percent
(b) 75 percent
(c) 97 percent
(d) None of these
Explanation: The government announced a 97 percent increase in the Diyat value for the current fiscal year compared to the previous year. This sharp rise is attributed to the appreciation of silver prices. [Source: https://www.dawn.com/news/2019000/govt-almost-doubles-blood-money-payment-to-heirs-of-victim-on-account-of-rising-silver-prices, 28 Jul 2026]
#5899
Consider the following statements about the fuel price adjustments in July 2026: 1. Petrol prices were increased by Rs1.63 per litre. 2. High-speed diesel prices were increased by Rs1.55 per litre. 3. The new prices were made applicable starting from July 29, 2026. Which of the statements given above 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 government notification issued on July 28, 2026. The price hikes for petrol and diesel were Rs1.63 and Rs1.55 respectively, with an effective date of July 29. [Source: https://www.dawn.com/news/2019031/govt-increases-petrol-price-by-rs163-hsd-price-by-rs155, 28 Jul 2026]
#5900
Which of the following is NOT a component of the export-boosting schemes approved by the ECC on July 28, 2026?
(a) Enhanced Export Finance Scheme (E-EFS)
(b) Direct cash grants for industrial electricity bills
(c) Performance-based rebate on incremental exports
(d) Long-Term Export Growth Financing Facility (LTEGFF)
Explanation: The approved package includes E-EFS, LTEGFF, and a performance-based rebate scheme. Direct cash grants for electricity bills are not part of the three specific schemes mentioned in the ECC approval. [Source: https://www.dawn.com/news/2018926/ecc-okays-rs255bn-for-export-boosting-schemes, 28 Jul 2026]