August 2026 Edition
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August 2026 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#5701
Consider the following statements about the SCO meeting held on July 17, 2026: 1. The meeting was attended by representatives from the SCO Regional Anti-Terrorist Structure (RATS). 2. The participants discussed and approved the plan for the 'Solidarity-2026' joint border operation. 3. The SCO currently comprises exactly eight member states. 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 RATS representatives attended. Statement 2 is correct as the plan for 'Solidarity-2026' was approved. Statement 3 is incorrect because the SCO currently comprises ten member states, not eight. [Source: https://www.dawn.com/news/2016226/pakistan-chairs-12th-sco-meeting-of-heads-of-border-services-fo, 17 Jul 2026]
#5702
Consider the following statements about the energy sector performance in June 2026: 1. The price of Regasified Liquefied Natural Gas (RLNG) nearly doubled compared to the same month in the previous year. 2. Nuclear power generation was identified as a zero-fuel-cost energy source. 3. The fuel cost for imported coal was significantly higher than the fuel cost for local coal.
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is correct as RLNG prices rose sharply. Statement 3 is correct as imported coal cost Rs16.65 per unit versus Rs11.5 per unit for local coal. Statement 2 is incorrect because nuclear power has a reported fuel cost of Rs2.85 per unit, unlike hydropower which is a zero-fuel-cost source. [Source: https://www.dawn.com/news/2016204/power-companies-seek-rs120-per-unit-fuel-cost-adjustment-for-august, 17 Jul 2026]
#5703
Which political figure resigned from the position of Prime Minister in June 2026, leading to the leadership contest?
(a) Gordon Brown
(b) Andy Burnham
(c) Nigel Farage
(d) Keir Starmer
Explanation: Keir Starmer resigned as Prime Minister in June 2026 following months of political turmoil. Andy Burnham was subsequently elected to replace him as the leader of the Labour Party. [Source: https://www.dawn.com/news/2016211/andy-burnham-elected-new-labour-leader-now-set-to-be-uk-pm, 17 Jul 2026]
#5704
Consider the following statements about the political transition in the UK in 2026: 1. Andy Burnham was elected as the new Labour leader after a competitive vote against multiple candidates. 2. The Labour Party maintains its parliamentary majority based on the results of the 2024 general elections. 3. Andy Burnham previously served in the cabinet under former Prime Minister Gordon Brown. 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 Burnham was confirmed as leader due to there being no other eligibly nominated candidate, not through a competitive vote. Statements 2 and 3 are factually accurate. [Source: https://www.dawn.com/news/2016211/andy-burnham-elected-new-labour-leader-now-set-to-be-uk-pm, 17 Jul 2026]
#5705
Consider the following statements about the geopolitical situation reported on July 17, 2026: 1. The US Central Command reported a sixth consecutive night of strikes against Iranian military capabilities. 2. Qatar's defence ministry reported thwarting an Iranian missile attack. 3. Both Brent and WTI crude benchmarks have seen a decline of nearly 12 percent over the week. 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 based on the report. Statement 3 is incorrect because the benchmarks climbed nearly 12 percent, rather than declining. [Source: https://www.dawn.com/news/2016168/oil-rises-on-intensifying-us-iran-hostilities-threat-of-red-sea-closure, 17 Jul 2026]
#5706
The total additional financial burden proposed to be recovered from consumers through the August 2026 bills is:
(a) Rs15.7 billion
(b) Rs10.5 billion
(c) Rs18.2 billion
(d) Rs22.4 billion
Explanation: The petition filed by the power companies aims to recover an additional Rs15.7 billion from consumers across all power utilities, including ex-Wapda Discos and K-Electric, to offset the higher fuel costs. [Source: https://www.dawn.com/news/2016204/power-companies-seek-rs120-per-unit-fuel-cost-adjustment-for-august, 17 Jul 2026]
#5707
By what percentage have fuel costs for Pakistan International Airlines (PIA) risen due to the Gulf crisis as of March 12, 2026?
(a) 24 percent
(b) 44 percent
(c) 34 percent
(d) 54 percent
Explanation: The PIA spokesman confirmed that fuel costs surged by 34 percent due to the regional conflict. This increase directly necessitated the adjustment of fuel surcharges on domestic and international flights. [Source: https://www.dawn.com/news/1981330/pia-raises-fuel-surcharge-as-gulf-crisis-drives-up-costs, 12 Mar 2026]
#5708
Following the price adjustment effective from May 9, 2026, what is the new price of petrol per litre in Pakistan?
(a) Rs378.00
(b) Rs414.78
(c) Rs414.58
(d) None of these
Explanation: The government increased the price of petrol by Rs14.92, bringing the total to Rs414.78 per litre. Option C represents the price of high-speed diesel, while option A refers to a previous price point. [Source: https://www.dawn.com/news/1998722/govt-hikes-petrol-by-rs1492-per-litre-diesel-by-rs15, 08 May 2026]
#5709
According to the IMF requirements mentioned in the June 2026 discussions, what is the approximate additional revenue target set for the federal government?
(a) Rs 500 billion
(b) Rs 430 billion
(c) Rs 350 billion
(d) Rs 600 billion
Explanation: The IMF requested the federal government to introduce at least Rs 430 billion in additional budgetary measures. A matching target of Rs 430 billion was also set for the provinces. [Source: https://www.dawn.com/news/2005897/ppp-shares-tax-related-reservations-in-pre-budget-meeting-with-dar-say-sources, 07 Jun 2026]
#5710
The budget for the fiscal year 2026-27 was scheduled to be announced on which date?
(a) June 7, 2026
(b) June 8, 2026
(c) June 12, 2026
(d) June 10, 2026
Explanation: The federal budget for FY2026-27 was officially scheduled for announcement on Wednesday, June 10, 2026. This date followed the final rounds of pre-budget negotiations between the coalition partners. [Source: https://www.dawn.com/news/2005897/ppp-shares-tax-related-reservations-in-pre-budget-meeting-with-dar-say-sources, 07 Jun 2026]
#5711
Consider the following statements about the US-China summit in May 2026: 1. This visit marks the first time a US president has visited China in nearly ten years. 2. President Trump initially delayed the visit from March due to the war in the Middle East. 3. The US delegation includes the Secretary of State and the Secretary of Defence. 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 visit is the first in nearly a decade, the delay was caused by the Middle East conflict, and both the Secretary of State (Marco Rubio) and Secretary of Defence (Pete Hegseth) were confirmed to be on the flight. [Source: https://www.dawn.com/news/1999895/trump-arrives-in-beijing-for-high-stakes-meeting-with-chinese-president-xi, 13 May 2026]
#5712
Consider the following statements about the Breathe Pakistan International Climate Change Conference: 1. The conference was a two-day event held in May 2026. 2. Senate Chairman Yousuf Raza Gilani emphasized that internal stability and regional calm are necessary for the climate agenda. 3. The conference was exclusively attended by government officials and had no representation from the private 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 and 2 are factually correct based on the event details. Statement 3 is incorrect because the conference explicitly included corporate leaders and representatives from the banking and energy sectors. [Source: https://www.dawn.com/news/1998144/breathe-pakistan-international-climate-change-conference-concludes-with-calls-for-climate-resilience-coordinated-action, 07 May 2026]
#5713
The global fuel supply crunch mentioned in the context of 2026 is linked to the closure of which strategic maritime chokepoint?
(a) Suez Canal
(b) Strait of Hormuz
(c) Strait of Malacca
(d) Bab-el-Mandeb Strait
Explanation: The Strait of Hormuz is identified as the critical passage through which one-fifth of the world's oil and gas supply passes. Its closure due to regional conflict has significantly impacted global fuel prices. [Source: https://www.dawn.com/news/1998722/govt-hikes-petrol-by-rs1492-per-litre-diesel-by-rs15, 08 May 2026]
#5714
Which of the following statements regarding the petroleum price adjustments in 2026 is INCORRECT?
(a) The government has maintained a fixed, unchanging price for fuel since the beginning of the year.
(b) Petrol is primarily used in private transport and small vehicles.
(c) The government has been revising petroleum prices on a weekly basis on Friday nights.
(d) High-speed diesel is used for large generators.
Explanation: The government has frequently adjusted prices in response to market volatility, making the claim that prices remained fixed INCORRECT. The other statements accurately reflect the usage patterns and the frequency of price revisions. [Source: https://www.dawn.com/news/1998722/govt-hikes-petrol-by-rs1492-per-litre-diesel-by-rs15, 08 May 2026]
#5715
Which of the following is NOT a stated area of focus for the IMF discussions with Pakistan in 2026?
(a) Immediate privatization of all state-owned enterprises
(b) Maintaining a sufficiently tight monetary policy
(c) Advancing reforms to improve the viability of the energy sector
(d) Sustaining fiscal consolidation to strengthen public finances
Explanation: The IMF statement highlighted fiscal consolidation, monetary policy, and energy sector reforms as key areas of progress. Immediate privatization of all state-owned enterprises is not listed as a specific focus area in the mission's end-of-mission statement. [Source: https://www.dawn.com/news/1981220/imf-mission-fails-to-reach-staff-level-agreement-with-pakistan-talks-to-continue, 12 Mar 2026]
#5716
Consider the following statements about the diplomatic visit of March 12, 2026: 1. The visit was undertaken at the invitation of the Saudi Crown Prince. 2. The discussions focused exclusively on bilateral trade agreements. 3. Pakistan expressed its full solidarity with Saudi Arabia regarding the current regional security challenges. 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 visit was at the invitation of the Crown Prince. Statement 3 is correct regarding the expression of solidarity. Statement 2 is incorrect because the discussions focused on regional security and the ongoing conflict, not exclusively on trade. [Source: https://www.dawn.com/news/1981279/as-war-in-middle-east-escalates-pm-shehbaz-departs-on-brief-visit-to-saudi-arabia, 12 Mar 2026]
#5717
Consider the following statements about the energy crisis in South Asia as of March 11, 2026: 1. India is the world's fourth-largest buyer of liquefied natural gas (LNG). 2. Bangladesh has deployed police to patrol filling stations to maintain order. 3. The restaurant industry in India is predominantly dependent on commercial LPG for operations. 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. India's status as a major LNG buyer, the deployment of police in Bangladesh, and the reliance of the Indian restaurant sector on commercial LPG are all confirmed details. [Source: https://www.dawn.com/news/1980784/troops-guard-bangladesh-depots-after-oil-riots, 11 Mar 2026]
#5718
In which cities were the IMF mission discussions primarily held before transitioning to a virtual format in 2026?
(a) Lahore and Karachi
(b) Islamabad and Lahore
(c) Karachi and Islamabad
(d) None of these
Explanation: The IMF mission held discussions with Pakistani authorities in Karachi and Islamabad before moving to virtual meetings on March 3, 2026. Lahore was not a primary site for these specific mission meetings. [Source: https://www.dawn.com/news/1981220/imf-mission-fails-to-reach-staff-level-agreement-with-pakistan-talks-to-continue, 12 Mar 2026]
#5719
The IMF mission discussions with Pakistan in 2026 were focused on the third review of which facility?
(a) Rapid Financing Instrument (RFI)
(b) Stand-By Arrangement (SBA)
(c) Extended Fund Facility (EFF)
(d) Poverty Reduction and Growth Trust (PRGT)
Explanation: The mission was specifically tasked with the third review of the $7 billion Extended Fund Facility (EFF) and the second review of the Resilience and Sustainability Facility (RSF). The SBA is a separate, distinct type of IMF arrangement. [Source: https://www.dawn.com/news/1981220/imf-mission-fails-to-reach-staff-level-agreement-with-pakistan-talks-to-continue, 12 Mar 2026]
#5720
Upon the successful completion of the 2026 IMF review, Pakistan is expected to receive approximately how much funding under the Resilience and Sustainability Facility (RSF)?
(a) 100 million USD
(b) 760 million USD
(c) 500 million USD
(d) 200 million USD
Explanation: The IMF indicated that Pakistan would be eligible for around $200 million under the RSF upon the successful conclusion of the review. The $760 million figure refers to the Special Drawing Rights (SDR) equivalent for the EFF portion. [Source: https://www.dawn.com/news/1981220/imf-mission-fails-to-reach-staff-level-agreement-with-pakistan-talks-to-continue, 12 Mar 2026]