August 2026 Edition

August 2026 Current Affairs MCQs & Solutions

Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.

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#5661

Consider the following statements about the recent developments in the US-Iran conflict: 1. Renewed fighting in the Gulf region began on July 8, 2026. 2. The Islamabad MoU was intended to end the war after a 60-day negotiation period. 3. China and Pakistan have expressed satisfaction with the current stability in the Strait of Hormuz. 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 3 is incorrect because the countries expressed 'concern over the deterioration of the current situation' rather than satisfaction with stability. Statements 1 and 2 are factually accurate based on the provided text. [Source: https://www.dawn.com/news/2016159/china-and-pakistan-call-on-us-iran-to-resume-talks-cease-hostilities, 17 Jul 2026]
#5662

Consider the following statements about the macroeconomic framework for FY2026-27: 1. The framework projects that private investment will rise to 10.3% of GDP. 2. The services sector is targeted to grow at a rate of 4.2%. 3. Public investment is expected to increase significantly to 5% of GDP. 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 framework. Statement 3 is incorrect because public investment is targeted to remain at 3% of GDP, not 5%. [Source: https://www.dawn.com/news/2004391/4pc-growth-target-set-for-fy2026-27-as-macroeconomic-framework-sent-to-economic-council-for-approval, 01 Jun 2026]
#5663

Who is the current Power Minister of Pakistan as of May 2026?

(a) Awais Leghari
(b) Musadik Malik
(c) Khurram Dastgir
(d) None of these
Explanation: Awais Leghari is the serving Power Minister who addressed the press conference regarding the status of negotiations with Chinese power producers. The other names listed are former ministers who have held the portfolio in previous administrations. [Source: https://www.dawn.com/news/2004161/no-sufficient-outcome-yet-of-talks-to-secure-discounts-from-chinese-power-producers-leghari, 31 May 2026]
#5664

Consider the following statements about the diplomatic efforts of Pakistan in March 2026: 1. Pakistan is actively attempting to bring the United States and Iran to the negotiating table. 2. The quadrilateral meeting in Islamabad focused exclusively on bilateral trade agreements. 3. The Prime Minister emphasized the need for unity among Islamic countries to address the regional crisis. 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 Pakistan is mediating between the US and Iran. Statement 2 is incorrect because the meeting focused on the Middle East crisis and regional stability, not bilateral trade. Statement 3 is correct as the Prime Minister stressed the importance of unity within the Muslim Ummah. [Source: https://www.dawn.com/news/1986574/pm-shehbaz-commends-kingdoms-remarkable-restraint-in-meeting-with-saudi-fm-assures-him-of-pakistans-full-support, 29 Mar 2026]
#5665

The temporary US waiver issued in March 2026 was intended to facilitate the sale of which specific commodity to India?

(a) Natural gas
(b) Refined petroleum products
(c) Russian oil stranded at sea
(d) None of these
Explanation: The US waiver was specifically designed to allow Russian oil that was stranded at sea to be sold to India. This was a temporary measure in response to the broader energy market disruptions. [Source: https://www.dawn.com/news/1979646/new-delhi-continues-importing-russian-oil, 08 Mar 2026]
#5666

Who is the current US Special Envoy to the Middle East involved in the 2026 diplomatic mediation efforts?

(a) Steve Witkoff
(b) Amos Hochstein
(c) Brett McGurk
(d) None of these
Explanation: Steve Witkoff is the US Special Envoy to the Middle East mentioned in the context of the 2026 back-channel communications. The other names are common distractors associated with previous US diplomatic roles in the region. [Source: https://www.dawn.com/news/1984640/pakistan-egypt-turkiye-engaged-in-back-channel-diplomacy-for-us-iran-de-escalation-sources, 23 Mar 2026]
#5667

Consider the following statements about the 2026 diplomatic mediation efforts: 1. The mediation is described as a 'strategic synergy' between Ankara, Cairo, and Islamabad. 2. The conflict in the Middle East was triggered by attacks that resulted in the assassination of Ayatollah Ali Khamenei. 3. Pakistan is leveraging its position to act as a 'net regional stabilizer'. 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 provided information. The mediation is a tripartite effort, the conflict involved the assassination of the supreme leader, and Pakistan is positioning itself as a regional stabilizer. [Source: https://www.dawn.com/news/1984640/pakistan-egypt-turkiye-engaged-in-back-channel-diplomacy-for-us-iran-de-escalation-sources, 23 Mar 2026]
#5668

Consider the following statements about the current status of Pakistan's power sector negotiations: 1. Negotiations with CPEC-related power producers have resulted in significant tariff reductions as of May 2026. 2. The government is constrained by government-to-government frameworks when renegotiating CPEC energy contracts. 3. The government has successfully reduced the budgeted power sector subsidy from Rs1.287 trillion to Rs890 billion for the current year. 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 the minister stated there has been 'no sufficient outcome' regarding CPEC-related negotiations. Statements 2 and 3 are factually accurate based on the minister's briefing regarding the framework constraints and the reduction in subsidy figures. [Source: https://www.dawn.com/news/2004161/no-sufficient-outcome-yet-of-talks-to-secure-discounts-from-chinese-power-producers-leghari, 31 May 2026]
#5669

Who served as the co-chairs for the symposium held on Capitol Hill on March 24, 2026?

(a) Tom Suozzi and Jack Bergman
(b) Paul Kapur and Natalie Baker
(c) Rizwan Saeed Sheikh and Donald Trump
(d) None of these
Explanation: Congressmen Tom Suozzi and Jack Bergman chaired the four-hour session. Paul Kapur and Natalie Baker were speakers or contributors, not the chairs of the event. [Source: https://www.dawn.com/news/1985157/pakistans-mediation-offer-reflects-growing-diplomatic-confidence-capitol-hill-symposium-told, 25 Mar 2026]
#5670

What is the name of the peace agreement signed between the United States and Iran in 2026?

(a) Geneva Accord
(b) Burgenstock Treaty
(c) Islamabad Peace Deal
(d) Hormuz Security Pact
Explanation: The agreement that ended the hostilities between the United States and Iran in 2026 is officially referred to as the Islamabad Peace Deal. While Geneva was mentioned as a potential site for subsequent talks, it is not the name of the primary agreement. [Source: https://www.dawn.com/news/2009269/pm-shehbaz-saudi-crown-prince-discuss-iran-us-talks-stress-peace-process-must-not-be-undermined, 19 Jun 2026]
#5671

Which of the following statements regarding the 2026 US-Iran peace process is INCORRECT?

(a) The peace deal includes a framework to reopen the Strait of Hormuz.
(b) The peace deal was signed in person by the leaders in Switzerland.
(c) The peace deal requires negotiations on key issues to be completed within 60 days.
(d) Pakistan acted as a mediator throughout the conflict.
Explanation: The memorandum of understanding was electronically signed by the parties, not in person in Switzerland. The other statements accurately reflect the terms and context of the agreement. [Source: https://www.dawn.com/news/2009269/pm-shehbaz-saudi-crown-prince-discuss-iran-us-talks-stress-peace-process-must-not-be-undermined, 19 Jun 2026]
#5672

The conflict between the United States and Iran in 2026 officially began on which date?

(a) February 28, 2026
(b) March 15, 2026
(c) April 8, 2026
(d) June 19, 2026
Explanation: The military conflict, characterized by air attacks, commenced on February 28, 2026. This date marks the beginning of the hostilities that Pakistan later mediated. [Source: https://www.dawn.com/news/2009269/pm-shehbaz-saudi-crown-prince-discuss-iran-us-talks-stress-peace-process-must-not-be-undermined, 19 Jun 2026]
#5673

Which Pakistani official led the delegation to the United States in July 2026 to discuss economic cooperation?

(a) Muhammad Aurangzeb
(b) Ishaq Dar
(c) Shamshad Akhtar
(d) Miftah Ismail
Explanation: Finance Minister Muhammad Aurangzeb led the delegation and held meetings with the US Treasury Secretary. The other individuals listed are former finance ministers or officials not involved in this specific 2026 visit. [Source: https://www.dawn.com/news/2017582/us-treasury-secretary-welcomes-pakistans-economic-reforms-return-to-capital-markets, 22 Jul 2026]
#5674

Which of the following statements regarding the 2026 US-Iran diplomatic situation is INCORRECT?

(a) Iran has officially denied holding direct talks with the US in the past 24 days.
(b) The Iranian Foreign Ministry admitted receiving messages from friendly countries regarding US requests for talks.
(c) The ongoing conflict in the Middle East has entered its fourth week.
(d) Iran has confirmed that it has already responded positively to all messages received from the US.
Explanation: The Iranian Foreign Ministry explicitly stated that it had not responded to the messages received from friendly countries. Therefore, the claim that they responded positively is false. [Source: https://www.dawn.com/news/1984640/pakistan-egypt-turkiye-engaged-in-back-channel-diplomacy-for-us-iran-de-escalation-sources, 23 Mar 2026]
#5675

The decision to hold fuel prices in March 2026 was made following a consultative session that included which high-ranking official?

(a) Minister of Finance
(b) Governor of the State Bank
(c) Field Marshal Asim Munir
(d) Chairman of the FBR
Explanation: The consultative session involved federal and provincial representatives and was attended by the Chief of Defence Forces, Field Marshal Asim Munir. This reflects the high-level coordination regarding national economic security. [Source: https://www.dawn.com/news/1981713/pm-shehbaz-says-prices-of-petroleum-products-not-being-increased-despite-uptick-in-global-market, 13 Mar 2026]
#5676

Which three countries are actively engaged in back-channel diplomacy to mediate between the United States and Iran as of March 2026?

(a) Pakistan, Saudi Arabia, and Qatar
(b) Pakistan, Egypt, and Turkiye
(c) Pakistan, Jordan, and Oman
(d) None of these
Explanation: Pakistan, Egypt, and Turkiye are identified as the primary mediators working to bridge the gap between the US and Iran. Other regional players like Saudi Arabia or Qatar are not mentioned as part of this specific tripartite diplomatic conduit. [Source: https://www.dawn.com/news/1984640/pakistan-egypt-turkiye-engaged-in-back-channel-diplomacy-for-us-iran-de-escalation-sources, 23 Mar 2026]
#5677

In the context of the 2026 regional conflict, what specific action did US President Donald Trump order to facilitate potential talks with Iran?

(a) A permanent ceasefire in the Persian Gulf
(b) The withdrawal of naval assets from the Strait of Hormuz
(c) A five-day postponement of military strikes against Iranian power plants
(d) None of these
Explanation: President Trump ordered a five-day delay in planned military strikes against Iranian power infrastructure to allow space for constructive dialogue. This tactical pause is a central element of the current de-escalation efforts. [Source: https://www.dawn.com/news/1984640/pakistan-egypt-turkiye-engaged-in-back-channel-diplomacy-for-us-iran-de-escalation-sources, 23 Mar 2026]
#5678

On March 20, 2026, Prime Minister Shehbaz Sharif announced that the federal government would bear a financial burden of how much to prevent a fuel price hike?

(a) Rs 24 billion
(b) Rs 45 billion
(c) Rs 69 billion
(d) None of these
Explanation: The Prime Minister stated that the government spent Rs 24 billion in an earlier instance and Rs 45 billion in the most recent instance, totaling Rs 69 billion in subsidies to prevent price increases. Option A and B represent partial components of this total expenditure. [Source: https://www.dawn.com/news/1984122/pm-shehbaz-rejects-recommendations-for-further-hike-in-petrol-diesel-prices, 20 Mar 2026]
#5679

What is the official slogan announced by the Iranian leadership for the year 2026?

(a) Global solidarity against the Zionist enemy
(b) Resistance economy in light of national unity and national security
(c) Strengthening the Resistance Front through regional integration
(d) Economic prosperity through international cooperation
Explanation: The Supreme Leader declared 'resistance economy in light of national unity and national security' as the guiding slogan for the year to counter economic warfare. Other options represent general policy themes but are not the official slogan. [Source: https://www.dawn.com/news/1984126/supreme-leader-mojtaba-denies-irans-role-in-attacks-in-oman-turkiye-dubs-them-false-flag-tactic, 20 Mar 2026]
#5680

Who is the current Supreme Leader of Iran as of March 20, 2026?

(a) Ali Khamenei
(b) Mojtaba Khamenei
(c) Ebrahim Raisi
(d) None of these
Explanation: Mojtaba Khamenei assumed the position of Supreme Leader following the assassination of his father, Ali Khamenei, on February 28, 2026. Ali Khamenei is the deceased predecessor, not the current leader. [Source: https://www.dawn.com/news/1984126/supreme-leader-mojtaba-denies-irans-role-in-attacks-in-oman-turkiye-dubs-them-false-flag-tactic, 20 Mar 2026]