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.
#7641
What is the total amount of subsidies approved by the Economic Coordination Committee (ECC) for export promotion schemes on July 28, 2026?
(a) Rs155 billion
(b) Rs455 billion
(c) Rs355 billion
(d) Rs255 billion
Explanation: The ECC approved Rs255 billion in subsidies to boost exports through three distinct incentive schemes. This funding is intended to address the stagnation of annual exports at the $30 billion mark. [Source: https://www.dawn.com/news/2018926/ecc-okays-rs255bn-for-export-boosting-schemes, 28 Jul 2026]
#7642
Who presided over the Economic Coordination Committee meeting held on July 27, 2026, where the export subsidy package was approved?
(a) Finance Minister
(b) Minister for Commerce
(c) Prime Minister
(d) Governor State Bank
Explanation: Finance Minister Muhammad Aurangzeb chaired the ECC meeting that approved the export-boosting schemes. The committee is a key executive body responsible for economic decision-making in Pakistan. [Source: https://www.dawn.com/news/2018926/ecc-okays-rs255bn-for-export-boosting-schemes, 28 Jul 2026]
#7643
Consider the following statements about the Australian market on July 27, 2026: 1. The S&P/NZX 50 index in New Zealand fell by 0.4%. 2. Financials rose to their highest level since April 22, 2026. 3. Markets have priced in a 50% chance of a rate hike at the next central bank 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: Statement 1 and 2 are correct. Statement 3 is incorrect because the market priced in nearly a 30% chance of a rate hike, not 50%. [Source: https://www.brecorder.com/news/40431982/australian-shares-rise-nearly-1-as-middle-east-de-escalation-boosts-sentiment, 27 Jul 2026]
#7644
What was the primary reason for the recent decline in Brent crude oil prices as of July 27, 2026?
(a) A global surplus in oil production
(b) A tentative truce between the US and Iran
(c) A significant drop in global industrial demand
(d) None of these
Explanation: Brent crude fell by more than 4% due to a tentative truce between the US and Iran, which halted a series of retaliatory attacks. This de-escalation reduced the geopolitical risk premium that had previously pushed oil prices above $100 per barrel. [Source: https://www.brecorder.com/news/40431973/copper-gains-on-mideast-de-escalation-oil-price-drop, 27 Jul 2026]
#7645
Consider the following statements about the global commodity market as of July 27, 2026: 1. High energy prices are generally associated with increased inflation expectations and higher interest rates. 2. Copper is considered a growth-dependent commodity that can be negatively impacted by high interest rates. 3. The US dollar index has a negligible impact on the pricing of commodities traded in the greenback. 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 standard economic relationships between energy costs, interest rates, and industrial demand. Statement 3 is incorrect because the US dollar index has a significant inverse relationship with commodity prices; a weaker dollar typically makes commodities cheaper for foreign buyers, thereby supporting prices. [Source: https://www.brecorder.com/news/40431973/copper-gains-on-mideast-de-escalation-oil-price-drop, 27 Jul 2026]
#7646
Who is the current Petroleum Minister of Pakistan as of July 27, 2026?
(a) Musadik Malik
(b) Khaleeq Kiani
(c) Abidullah Afridi
(d) Ali Pervaiz Malik
Explanation: Ali Pervaiz Malik is the Petroleum Minister who held discussions with the Oil Tankers Contractors Association. Abidullah Afridi is the president of the OTCA, not the minister. [Source: https://www.dawn.com/news/2018766/petroleum-minister-hints-at-fuel-price-relief-after-pakistans-oil-cargoes-clear-bab-al-mandeb, 27 Jul 2026]
#7647
Consider the following statements about the security situation in Toronto as of July 28, 2026: 1. The shooting on July 28, 2026, was the first such incident at the US Consulate in the current year. 2. Police reported that gunshots were also fired at synagogues in the Toronto area prior to the July incident. 3. The US Consulate is located in the downtown area of Canada's largest city. 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 incorrect because there was a previous shooting at the same building in March 2026. Statements 2 and 3 are factually accurate based on the provided information. [Source: https://www.dawn.com/news/2018887/shot-fired-outside-us-consulate-in-toronto, 28 Jul 2026]
#7648
Which of the following factors is NOT cited as a reason for the market rally on July 27, 2026?
(a) An immediate reduction in the SBP policy rate
(b) A sharp decline in global oil prices
(c) Easing geopolitical tensions in the Middle East
(d) Improved investor sentiment following a pause in combat
Explanation: The SBP maintained the policy rate at 11.5 percent rather than reducing it. Therefore, an immediate reduction in the policy rate is an incorrect statement regarding the events of that day. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#7649
On which street is the United States Consulate located in Toronto, where the shooting incident occurred on July 28, 2026?
(a) Bay Street
(b) University Avenue
(c) Yonge Street
(d) None of these
Explanation: The shooting incident took place on University Avenue, which is the site of the United States Consulate in Toronto. Other streets listed are major thoroughfares in Toronto but are not the location of the consulate. [Source: https://www.dawn.com/news/2018887/shot-fired-outside-us-consulate-in-toronto, 28 Jul 2026]
#7650
Which of the following companies was among the leading performers contributing to the PSX benchmark index rally on July 27, 2026?
(a) Engro Fertilizers
(b) Lucky Cement
(c) United Bank Limited
(d) None of these
Explanation: While UBL, FFC, ENGROH, MEBL, and LUCK were identified as leading contributors, the options provided (Engro Fertilizers, Lucky Cement, United Bank Limited) are individual entities. Since all three are correct, 'None of these' is the appropriate choice as it implies none of the single-option choices exclusively represent the list of top performers. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#7651
The KSE-100 index closed above which of the following thresholds on July 27, 2026?
(a) 168,000 points
(b) 198,000 points
(c) 188,000 points
(d) 178,000 points
Explanation: The KSE-100 index gained over 7,000 points to close at 178,262.33, successfully crossing the 178,000-point threshold. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#7652
Which state-owned enterprise was mentioned as having been privatized in the review meeting held on 28 July 2026?
(a) National Bank of Pakistan
(b) First Women Bank Limited
(c) State Bank of Pakistan
(d) Zarai Taraqiati Bank Limited
Explanation: First Women Bank Limited was cited alongside Pakistan International Airlines as an entity that has already undergone privatization. The other banks listed remain under state control or are not part of this specific privatization update. [Source: https://www.dawn.com/news/2019009/pm-shehbaz-directs-elimination-of-unnecessary-positions-to-improve-govt-performance, 28 Jul 2026]
#7653
Following the price revision on July 28, 2026, what is the new retail price of high-speed diesel per litre?
(a) Rs335.81
(b) Rs520.35
(c) Rs458.41
(d) Rs388.38
Explanation: The retail price of high-speed diesel was set at Rs388.38 per litre following the July 2026 adjustment. Rs335.81 is the new price for petrol. [Source: https://www.dawn.com/news/2019031/govt-increases-petrol-price-by-rs163-hsd-price-by-rs155, 28 Jul 2026]
#7654
On July 27, 2026, the State Bank of Pakistan maintained the policy rate at which of the following levels?
(a) 10.5 percent
(b) 12.5 percent
(c) 11.5 percent
(d) 13.5 percent
Explanation: The State Bank of Pakistan maintained the policy rate at 11.5 percent during the announcement on July 27, 2026. Analysts viewed this as a cautious stance given the prevailing regional geopolitical tensions. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#7655
Consider the following statements about the PSX performance on July 27, 2026: 1. The KSE-100 index gained more than 7,000 points during the session. 2. The market rally was partially attributed to the resumption of shipping through the Strait of Hormuz. 3. The index reached an intra-day peak of over 178,500 points. 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 market data from July 27, 2026. The index gained 7,241.13 points, investor sentiment improved due to hopes for shipping resumption, and the intra-day peak was 178,588.33 points. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#7656
Consider the following statements about the case of Asif Raza Merchant: 1. He was arrested in July 2024 while attempting to leave the United States. 2. He claimed during the trial that he was coerced into the plot to protect his family in Tehran. 3. The conviction was based on charges of transnational terrorism and murder-for-hire. 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 court proceedings and the details provided by prosecutors. Merchant was indeed arrested in July 2024, testified to family coercion, and was convicted on the two specified counts. [Source: https://www.dawn.com/news/1979643/pakistani-found-guilty-of-iran-linked-plot-to-kill-trump, 08 Mar 2026]
#7657
Consider the following statements about the PMD monsoon forecast for 2026: 1. A westerly wave is expected to strengthen from August 1, affecting upper and central parts of the country. 2. Rainfall in Sindh is expected to occur primarily between July 31 and August 2. 3. The PMD advisory warns of landslides in the coastal districts of Sindh. 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 PMD advisory. Statement 3 is incorrect because the PMD warns of landslides in mountainous regions like KP, GB, and AJK, not in the coastal districts of Sindh. [Source: https://www.dawn.com/news/2018977/pmd-forecasts-fresh-spell-of-monsoon-rains-across-country-from-july-29-to-august-5, 28 Jul 2026]
#7658
Which specialized unit of the CTD was responsible for executing the targeted operation on July 18, 2026?
(a) Special Weapons and Tactics team
(b) Elite Force
(c) Rapid Response Force
(d) Counter Assault Team
Explanation: The CTD utilized its Special Weapons and Tactics (SWAT) team to conduct the operation. While the Elite Force and Rapid Response Force are also law enforcement units, they were not the specific team cited in this operation. [Source: https://www.dawn.com/news/2016443/wanted-terrorist-killed-in-intelligence-based-operation-in-dera-ismail-khan-ctd, 18 Jul 2026]
#7659
Which of the following is NOT a proposal or promise made by the PPP Chairman regarding AJK in his July 19, 2026, address?
(a) Ensuring the right to self-government
(b) Immediate annexation of AJK into the federal cabinet
(c) Creating employment opportunities for the youth
(d) Formation of a truth and reconciliation commission
Explanation: The PPP Chairman advocated for provisional representation in federal bodies and self-governance, but he did not propose the immediate annexation of AJK into the federal cabinet. The other options are accurate reflections of his stated policy goals. [Source: https://www.dawn.com/news/2016735/bilawal-seeks-better-results-in-upcoming-ajk-elections-as-ppp-hopes-to-form-govt, 19 Jul 2026]
#7660
Consider the following statements about the intelligence-based operation conducted on July 18, 2026: 1. The operation took place near the Tank-Dera Ismail Khan Road. 2. The terrorist was wanted for the killing of a CTD constable in 2025. 3. The terrorist surrendered immediately upon being surrounded by the CTD.
(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 operation occurred on the specified road and the individual was wanted for the 2025 killing of Constable Muhammad Ali. Statement 3 is incorrect because the terrorist refused to surrender and opened fire on the personnel. [Source: https://www.dawn.com/news/2016443/wanted-terrorist-killed-in-intelligence-based-operation-in-dera-ismail-khan-ctd, 18 Jul 2026]