April 2026 Edition
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April 2026 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#1081
Which of the following statements regarding the KSE-100 market session on March 11, 2026, is INCORRECT?
(a) The index experienced an intraday high of 158,624.51 points.
(b) The index began the session with a sharp rebound.
(c) The index closed lower compared to the previous session.
(d) The index maintained its early gains throughout the entire trading day.
Explanation: The index did not maintain its gains; the report states that the momentum faded and the index largely erased its early gains by 1pm. Options A, B, and D are factually accurate descriptions of the session. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#1082
Which of the following statements regarding the Indian market performance on July 27, 2026, is INCORRECT?
(a) Brent crude oil prices increased by 9.3%.
(b) All 16 major sectors in the Indian market advanced.
(c) The Nifty 50 rose by 0.96%.
(d) The BSE Sensex added 1.02%.
Explanation: Brent crude oil prices fell by 9.3%, not increased. The other three statements accurately reflect the market data reported for that date. [Source: https://www.brecorder.com/news/40431999/indian-shares-snap-losing-run-on-oil-slide-earnings-optimism, 27 Jul 2026]
#1083
Which sector led the gains in the European stock market on July 27, 2026?
(a) Energy sector
(b) Travel and leisure sector
(c) Utility sector
(d) None of these
Explanation: The travel and leisure sector led the market gains with a 2.4% increase, benefiting from the decline in oil prices. Energy and utility stocks were the only sectors to decline during the session. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#1084
Which company led the trading volume on the Pakistan Stock Exchange on March 11, 2026?
(a) K-Electric Limited
(b) Cnergyico PK Limited
(c) The Bank of Punjab
(d) None of these
Explanation: The Bank of Punjab led the trading activity with a volume of 37,706,784 shares. K-Electric and Cnergyico followed with lower trading volumes. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#1085
Consider the following statements about the Indian equity market recovery on July 27, 2026: 1. The recovery followed five consecutive sessions of market declines. 2. The broader small-cap and mid-cap indices both recorded gains exceeding 1%. 3. The market rally was driven by fears of an immediate supply disruption in the energy sector. 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 market snapped a five-day losing streak. Statement 2 is correct as small-caps added 1.3% and mid-caps added 1.1%. Statement 3 is incorrect because the rally was driven by the easing of fears regarding supply disruptions, not the presence of them. [Source: https://www.brecorder.com/news/40431999/indian-shares-snap-losing-run-on-oil-slide-earnings-optimism, 27 Jul 2026]
#1086
Which of the following factors was cited as a reason for limiting the losses in palm oil prices on July 27, 2026?
(a) A surplus in global palm oil production
(b) The strengthening of the US dollar
(c) A decline in Chinese vegetable oil consumption
(d) Indonesia's B50 biodiesel mandate
Explanation: Optimism regarding higher consumption under Indonesia's B50 biodiesel mandate, alongside strong demand from China and El-Nino related supply risks, helped limit the decline in palm oil prices. Other options are either incorrect or would have exacerbated the price drop. [Source: https://www.brecorder.com/news/40432000/palm-slips-more-than-1-on-weaker-crude-chinese-vegetable-oils, 27 Jul 2026]
#1087
What was the primary geopolitical driver for the decline in oil prices on July 27, 2026?
(a) Increased production from OPEC nations
(b) De-escalation of military strikes between the US and Iran
(c) Global economic recession fears
(d) Strategic petroleum reserve releases
Explanation: The tumble in oil prices was directly attributed to the pause in military strikes between the United States and Iran. Other factors like OPEC production or recession fears were not cited as the immediate cause for the price drop on this date. [Source: https://www.brecorder.com/news/40432022/dow-sampp-500-rise-as-oil-prices-tumble, 27 Jul 2026]
#1088
On July 27, 2026, what was the primary factor cited for the expected rise in Indian equity markets?
(a) A sharp decline in global oil prices
(b) An unexpected interest rate cut by the Reserve Bank of India
(c) A surge in foreign direct investment inflows
(d) None of these
Explanation: The market recovery was driven by a 4.6% drop in Brent crude prices following a pause in strikes between the United States and Iran. Lower oil prices are beneficial for India as it is a major importer of the commodity. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]
#1089
By what percentage did the KSE-100 index decline during the trading session on March 11, 2026?
(a) 2.53 per cent
(b) 0.2 per cent
(c) 3.10 per cent
(d) 2.02 per cent
Explanation: The KSE-100 index shed 318.65 points, which corresponds to a 0.2 per cent decline. The other percentages refer to the individual stock performance of The Bank of Punjab, K-Electric, and Cnergyico. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#1090
Following the de-escalation of tensions between the United States and Iran, the Indian rupee reached a high of what duration on July 27, 2026?
(a) One-week high
(b) One-month high
(c) Three-week high
(d) Two-week high
Explanation: The Indian rupee hit a two-week high on July 27, 2026, supported by lower oil prices and restored foreign investor flows. Other durations are incorrect based on the market report. [Source: https://www.brecorder.com/news/40431999/indian-shares-snap-losing-run-on-oil-slide-earnings-optimism, 27 Jul 2026]
#1091
On March 11, 2026, the KSE-100 index closed at which of the following levels?
(a) 156,177.12 points
(b) 158,624.51 points
(c) 155,858.47 points
(d) 155,652.35 points
Explanation: The KSE-100 index closed at 155,858.47 points after shedding 318.65 points. represents the previous day's closing, while C and D represent the intraday high and low, respectively. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#1092
Which of the following statements regarding the market performance on July 27, 2026, is INCORRECT?
(a) The Pakistani Rupee appreciated against the Euro in the open market.
(b) The US Dollar weakened against major peers like the Yen and the Euro.
(c) The Pakistani Rupee gained marginally against the US Dollar in the inter-bank market.
(d) Brent crude futures experienced a decline in price.
Explanation: In the open market, the Pakistani Rupee actually lost value against the Euro, closing at 319.79 for buying and 322.67 for selling. Therefore, the statement claiming appreciation is false. [Source: https://www.brecorder.com/news/40431965/pakistani-rupee-registers-gain-against-us-dollar, 27 Jul 2026]
#1093
Consider the following statements about the economic indicators on July 27, 2026: 1. The Pakistani Rupee recorded a gain of Re0.01 against the US Dollar in the inter-bank market. 2. The State Bank of Pakistan increased the policy rate to 12.5%. 3. Brent crude futures fell by approximately 6% during the session. 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 Rupee gained Re0.01. Statement 2 is incorrect because the policy rate was maintained at 11.5%, not increased. Statement 3 is correct as Brent crude fell by about 6% to $90.93. [Source: https://www.brecorder.com/news/40431965/pakistani-rupee-registers-gain-against-us-dollar, 27 Jul 2026]
#1094
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]
#1095
Consider the following statements about the market performance on March 11, 2026: 1. The KSE-100 index shed 318.65 points during the session. 2. Global crude oil prices plunged by approximately 15 per cent. 3. The Bank of Punjab experienced a decline in its share price. 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 based on the report. Statement 3 is incorrect because The Bank of Punjab rose by 2.53 per cent, it did not decline. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#1096
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]
#1097
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]
#1098
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]
#1099
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]
#1100
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]