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.
#1281
What was the closing value of the FTSE 100 index on July 24, 2026?
(a) 10,474.68 points
(b) 10,674.68 points
(c) 10,574.68 points
(d) 10,774.68 points
Explanation: The blue-chip FTSE 100 index rose 0.3% to reach 10,674.68 points on the specified date. This reflects the market's reaction to the financial sector's performance despite geopolitical headwinds. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#1282
Consider the following statements about the aviation industry's response to the 2026 Middle East conflict: 1. Air New Zealand suspended its financial outlook for 2026 due to market uncertainty. 2. Emirates, Qatar Airways, and Etihad account for approximately one-third of passenger traffic between Europe and Asia. 3. British Airways-owner IAG announced immediate plans to increase ticket prices across all routes.
(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 IAG explicitly stated it was well-hedged and had no immediate plans to change ticket prices. [Source: https://www.dawn.com/news/1980748/airlines-raise-ticket-prices-as-middle-east-conflict-drives-up-fuel-costs, 11 Mar 2026]
#1283
What is the total value of the dollar bond issued by ICICI Bank in July 2026?
(a) $500 million
(b) $800 million
(c) $1.25 billion
(d) $1 billion
Explanation: ICICI Bank priced a $1 billion five-year dollar bond, which represents the largest dollar issue by an Indian private lender in nearly 14 years. While the base issue size was $500 million, the final priced amount was $1 billion. [Source: https://www.brecorder.com/news/40431638/icici-bank-prices-1-billion-debt-in-largest-dollar-issue-by-indian-private-lender, 24 Jul 2026]
#1284
What is the duration of the call option attached to the State Bank of India's 2026 perpetual debt issuance?
(a) Three years
(b) Seven years
(c) Five years
(d) Ten years
Explanation: The current issuance features a five-year call option. A ten-year call option was utilized by the bank in its previous issuance in October 2024. [Source: https://www.brecorder.com/news/40431637/indias-sbi-to-issue-first-rupee-denominated-perpetual-debt-of-2026-sources-say, 24 Jul 2026]
#1285
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]
#1286
The S&P/ASX 200 index closed at which of the following levels on July 24, 2026?
(a) 8,783.9 points
(b) 13,768.9 points
(c) 19,849.0 points
(d) 72,192.0 points
Explanation: The S&P/ASX 200 index was reported at 8,783.9 points. The other figures represent different indices like the S&P/NZX 50 or local market indicators. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#1287
Consider the following statements about the market performance on July 24, 2026: 1. The FTSE 100 index rose by 0.3%. 2. Energy shares like BP and Shell saw gains due to rising oil prices. 3. The United States imposed new tariffs on goods from 60 trading partners. 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 FTSE 100 rose 0.3%. Statement 2 is incorrect because energy shares actually fell (BP down 1.6%, Shell down 0.9%). Statement 3 is correct as the US imposed new tariffs of 10% and 12.5% on goods from 60 trading partners. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#1288
Which of the following statements regarding the Australian market performance on July 24, 2026, is INCORRECT?
(a) The S&P/ASX 200 index was on track for a third consecutive weekly loss.
(b) Gold miners lost as much as 3.1% as bullion prices retreated.
(c) The mining sub-index was poised for its worst weekly gain in history.
(d) Technology stocks hit their lowest level since mid-April.
Explanation: The mining sub-index was actually poised for its strongest weekly gain since about eight weeks ago, not its worst. The other statements accurately reflect the market conditions described. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#1289
What specific medical condition did Mohammed Shahabuddin cite as the reason for his resignation on July 24, 2026?
(a) Autonomic neuropathy
(b) Chronic hypertension
(c) Cardiac arrhythmia
(d) None of these
Explanation: Mohammed Shahabuddin officially cited autonomic neuropathy, a condition causing occasional loss of consciousness, as the primary reason for his inability to continue his constitutional duties. The other options are common medical conditions but were not the reason provided in his resignation statement. [Source: https://www.dawn.com/news/2018063/bangladesh-president-shahabuddin-76-resigns-citing-health-concerns, 24 Jul 2026]
#1290
Consider the following statements about the recent dollar bond issuances by Indian banks: 1. ICICI Bank's bond issue is the largest dollar bond sale by an Indian private-sector bank. 2. HDFC Bank raised $750 million through a dollar debt sale in June 2026. 3. Axis Bank raised $800 million through a dual-tranche dollar bond issue in June 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 report. ICICI Bank's $1 billion issue is the largest for a private lender, while HDFC and Axis Bank also conducted significant dollar debt sales in the same period. [Source: https://www.brecorder.com/news/40431638/icici-bank-prices-1-billion-debt-in-largest-dollar-issue-by-indian-private-lender, 24 Jul 2026]
#1291
What was the primary reason for the decline in Australian technology stocks on July 24, 2026?
(a) Concerns over heavy AI spending by US tech heavyweights
(b) New domestic regulations on software exports
(c) A sudden rise in interest rates by the Reserve Bank of Australia
(d) None of these
Explanation: Technology stocks fell due to concerns raised by the quarterly results of US tech heavyweights regarding high cash burn for artificial intelligence. This sentiment negatively impacted Australian tech players like Xero and WiseTech Global. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#1292
Which of the following statements regarding the State Bank of India's 2026 debt issuance is INCORRECT?
(a) The issuance is intended to be completed before the central bank's monetary policy decision in August 2026.
(b) The bonds are classified as long-term infrastructure bonds.
(c) The bank plans to raise 50 billion rupees through the issuance.
(d) The issuance involves Basel III-compliant additional Tier I perpetual bonds.
Explanation: The bonds are classified as Basel III-compliant additional Tier I perpetual bonds, not long-term infrastructure bonds. While the bank has board approval to raise funds through infrastructure bonds as well, this specific issuance is for perpetual debt. [Source: https://www.brecorder.com/news/40431637/indias-sbi-to-issue-first-rupee-denominated-perpetual-debt-of-2026-sources-say, 24 Jul 2026]
#1293
Consider the following statements about the Australian market conditions on July 24, 2026: 1. The S&P/ASX 200 index recorded a decline of 0.6%. 2. Energy stocks were bolstered by oil prices exceeding $100 per barrel. 3. The Trump administration announced new tariffs on 60 trading partners including Australia. 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 report: the index fell by 0.6%, energy stocks rose due to oil prices topping $100, and the US administration announced new tariffs on 60 trading partners including Australia. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#1294
What was the primary driver for the rise in HSBC shares on July 24, 2026?
(a) The acquisition of a new retail banking chain in Europe
(b) The sale of its life insurance business in Singapore
(c) A significant increase in quarterly dividend payouts
(d) None of these
Explanation: HSBC shares rose by 1.2% following the announcement that Allianz agreed to acquire its life insurance business in Singapore for $2.1 billion. This move is part of the bank's strategy to streamline operations and focus on core Asian banking. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#1295
According to the CME FedWatch tool, what is the approximate market-priced probability of a Federal Reserve rate hike as of July 24, 2026?
(a) 33 percent
(b) 25 percent
(c) 12 percent
(d) 50 percent
Explanation: Markets are pricing in a roughly one-in-three chance (approximately 33%) of a rate hike, which represents an increase from the 12% probability observed a week earlier. [Source: https://www.brecorder.com/news/40431657/sampp-500-nasdaq-fall-as-investors-juggle-earnings-mideast-risks-and-tariffs, 24 Jul 2026]
#1296
Consider the following statements about the market environment on July 24, 2026: 1. The Philadelphia SE Semiconductor index experienced a decline of 3.1%. 2. The Federal Reserve is expected to meet the following week to discuss monetary policy. 3. The U.S. military action against targets in Iran was a response to Houthi activities in Yemen. 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 provided report: the semiconductor index fell by 3.1%, the Fed is meeting the following week, and the U.S. strikes were linked to warnings regarding Iran and its Houthi allies. [Source: https://www.brecorder.com/news/40431657/sampp-500-nasdaq-fall-as-investors-juggle-earnings-mideast-risks-and-tariffs, 24 Jul 2026]
#1297
What was the price of benchmark three-month copper on the London Metal Exchange as of July 24, 2026?
(a) $12,450.25 per metric ton
(b) $13,626.50 per metric ton
(c) $14,890.75 per metric ton
(d) None of these
Explanation: The benchmark three-month copper price on the LME was recorded at $13,626.50 per metric ton on the specified date. This reflects a 0.2% increase following two sessions of decline. [Source: https://www.brecorder.com/news/40431641/copper-edges-up-heads-for-weekly-gain-as-non-us-stocks-tighten, 24 Jul 2026]
#1298
What is the status of Comex copper stocks in the United States as of July 24, 2026?
(a) They have reached a record high of 639,147 metric tons.
(b) They have fallen to their lowest level since March.
(c) They have remained stagnant due to import bans.
(d) They have decreased by 5.2% due to reverse cancellations.
Explanation: Comex copper stocks in the U.S. rose to a record 639,147 metric tons, contrasting with the tightening inventories observed in the London Metal Exchange and Shanghai markets. [Source: https://www.brecorder.com/news/40431641/copper-edges-up-heads-for-weekly-gain-as-non-us-stocks-tighten, 24 Jul 2026]
#1299
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]
#1300
Which of the following statements regarding the copper market on July 24, 2026, is INCORRECT?
(a) Benchmark three-month copper on the LME rose by 0.2%.
(b) Oil prices exceeded $100 a barrel due to Middle East conflict escalation.
(c) Available LME inventory rose by 5.2% due to reverse cancellations.
(d) Aluminium prices increased by 0.7% alongside copper.
Explanation: Aluminium prices actually fell by 0.7% to $3,165.50 a ton, making the statement that they increased incorrect. The other three statements accurately reflect the market data provided. [Source: https://www.brecorder.com/news/40431641/copper-edges-up-heads-for-weekly-gain-as-non-us-stocks-tighten, 24 Jul 2026]