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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#17801

Consider the following statements about the market reaction on July 27, 2026: 1. Indian government bonds experienced a surge in yields due to rising oil prices. 2. The 10-year US Treasury yield eased to 4.64%. 3. Market participants assigned a 66% probability of a status quo in the upcoming Federal Reserve interest rate decision. 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 Indian bond yields fell (rebounded) as oil prices decreased, not increased. Statements 2 and 3 are factually accurate according to the market data provided for the specified date. [Source: https://www.brecorder.com/news/40431972/indian-bonds-rebound-as-easing-middle-east-tensions-drag-oil-lower, 27 Jul 2026]
#17802

Which of the following is NOT a component of the judicial austerity measures implemented in 2026?

(a) Implementation of a four-day work week
(b) Reduction in the monthly POL ceiling for judicial officers
(c) Restriction on additional protocol or security vehicles
(d) Complete suspension of all court proceedings on Fridays
Explanation: While the courts observe a four-day work week, the policy explicitly states that urgent judicial and administrative functions must continue without disruption on Fridays and Saturdays. Therefore, a complete suspension is incorrect. [Source: https://www.dawn.com/news/1980575/courts-join-others-in-adopting-austerity-measures-will-observe-4-day-work-week, 10 Mar 2026]
#17803

Consider the following statements about Pakistan's diplomatic position presented at the UNSC on May 26, 2026: 1. Pakistan advocates for the weaponization of water resources to exert diplomatic pressure. 2. The Foreign Minister emphasized that the crisis of the international system stems from the selective application of principles. 3. Pakistan maintains that there can be no durable peace in the Middle East while occupation and forced displacement continue. 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 Pakistan explicitly stated that water must never be weaponized. Statements 2 and 3 accurately reflect the Foreign Minister's critique of the international order and his stance on the Middle East conflict. [Source: https://www.dawn.com/news/2003210/pakistan-stresses-need-for-restraint-de-escalation-in-iran-us-conflict, 26 May 2026]
#17804

Which military operation was launched by Pakistan against the Afghan Taliban last month, as referenced on March 18, 2026?

(a) Operation Zarb-e-Azb
(b) Operation Radd-ul-Fasaad
(c) Operation Ghazab lil-Haq
(d) None of these
Explanation: Operation Ghazab lil-Haq was identified by the DG ISPR as the ongoing military campaign launched against the Afghan Taliban to counter terrorism. The other options refer to historical operations that are not the subject of this specific 2026 event. [Source: https://www.dawn.com/news/1983447/our-intelligence-was-correct-dg-ispr-says-pakistan-hit-ammunition-storage-site-in-kabul-strike, 18 Mar 2026]
#17805

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]
#17806

Who represented Pakistan at the United Nations Security Council session held on March 10, 2026?

(a) Asim Iftikhar Ahmad
(b) Munir Akram
(c) Maleeha Lodhi
(d) None of these
Explanation: Ambassador Asim Iftikhar Ahmad is the Permanent Representative of Pakistan who addressed the UNSC session on the specified date. Other names listed are former or different representatives not involved in this specific exchange. [Source: https://www.dawn.com/news/1980464/pakistan-india-exchange-sharp-words-at-un-security-council-over-afghanistan, 10 Mar 2026]
#17807

What was the primary target of the Pakistani strike in Kabul as confirmed by the DG ISPR on March 18, 2026?

(a) A regional administrative office
(b) An ammunition storage site
(c) A border communication tower
(d) A civilian transport hub
Explanation: The DG ISPR confirmed that the strike in Kabul specifically targeted an ammunition and drone storage site. The secondary detonations observed in the area were attributed to the explosion of stored missiles and equipment. [Source: https://www.dawn.com/news/1983447/our-intelligence-was-correct-dg-ispr-says-pakistan-hit-ammunition-storage-site-in-kabul-strike, 18 Mar 2026]
#17808

What is the percentage reduction in fuel allotted for official vehicles as announced by the Sindh government in March 2026?

(a) 20 percent
(b) 30 percent
(c) 50 percent
(d) 60 percent
Explanation: The provincial government mandated a 50 percent reduction in fuel allocations for official vehicles to save approximately Rs960 million. This is distinct from the 20 percent reduction applied to other non-essential expenditures like stationery. [Source: https://www.dawn.com/news/1980528/sindh-schools-to-close-from-march-16-31-friday-to-be-wfh-for-govt-offices-as-part-of-austerity-measures, 10 Mar 2026]
#17809

Which of the following statements regarding the market conditions on March 9, 2026, is INCORRECT?

(a) The KSE-100 index closed at 146,480.14 points.
(b) Gold prices fell by 2 percent amid geopolitical tensions.
(c) The market suspension was triggered by a 10 percent drop in the KSE-100 index.
(d) The government recently increased petrol and diesel prices by Rs55 per litre.
Explanation: The market suspension was triggered by a 5 percent drop in the KSE-30 index, not a 10 percent drop in the KSE-100 index. The other statements accurately reflect the market data and government policy actions reported on that date. [Source: https://www.dawn.com/news/1980057/bloodbath-at-psx-as-kse-100-slides-over-11000-points, 09 Mar 2026]
#17810

Which of the following statements regarding the situation in the Middle East as of March 10, 2026, is INCORRECT?

(a) The Ministry of Foreign Affairs confirmed that a mass evacuation is currently required.
(b) Saudi Arabia's air and land borders remain open for travel.
(c) Two Pakistani drivers died in incidents related to missile interceptions in the UAE.
(d) Commercial flights are being utilized to repatriate stranded Pakistanis.
Explanation: The MoFA explicitly stated that there is no situation requiring a mass evacuation of Pakistani nationals. Options B, C, and D are all factually accurate details provided during the committee briefing. [Source: https://www.dawn.com/news/1980522/na-body-informed-mass-evacuation-from-middle-east-not-required, 10 Mar 2026]
#17811

What is the primary objective behind the judiciary's decision to adopt a four-day work week in 2026?

(a) To facilitate the digitization of all historical court records
(b) To conserve resources amid potential fuel supply disruptions
(c) To increase the number of judges in the Supreme Court
(d) None of these
Explanation: The judiciary adopted these measures specifically to address the anticipated disruption in petroleum supply and rising global energy costs. Option A is incorrect as digitization is not the primary driver of this specific austerity policy. [Source: https://www.dawn.com/news/1980575/courts-join-others-in-adopting-austerity-measures-will-observe-4-day-work-week, 10 Mar 2026]
#17812

By how many points did the KSE-100 index decline on March 9, 2026?

(a) 9,780.15 points
(b) 157,496.10 points
(c) 13,157.62 points
(d) 11,015.96 points
Explanation: The KSE-100 index plummeted by 11,015.96 points during the trading session on March 9, 2026. While 9,780.15 points was the threshold that triggered the initial trading halt, the final decline recorded by the closing bell was 11,015.96 points. [Source: https://www.dawn.com/news/1980057/bloodbath-at-psx-as-kse-100-slides-over-11000-points, 09 Mar 2026]
#17813

According to the Sindh government's 2026 austerity measures, schools in the province will observe spring vacation during which period?

(a) March 1 to March 15
(b) March 16 to March 31
(c) April 1 to April 15
(d) None of these
Explanation: The Sindh government announced that schools will remain closed for spring vacation from March 16 to March 31, 2026. This is part of a broader set of austerity measures aimed at reducing provincial expenditures. [Source: https://www.dawn.com/news/1980528/sindh-schools-to-close-from-march-16-31-friday-to-be-wfh-for-govt-offices-as-part-of-austerity-measures, 10 Mar 2026]
#17814

In the context of the March 10, 2026, UNSC session, what specific term did India use to describe its concern regarding regional trade vulnerabilities?

(a) Transit corridor exploitation
(b) Economic border sabotage
(c) Trade and transit terrorism
(d) Logistical warfare
Explanation: India's representative specifically used the phrase 'trade and transit terrorism' to argue that the vulnerabilities of land-locked developing countries should not be weaponized. This was a central point of contention during the Indian address. [Source: https://www.dawn.com/news/1980464/pakistan-india-exchange-sharp-words-at-un-security-council-over-afghanistan, 10 Mar 2026]
#17815

Which of the following claims was NOT made by the Pakistani representative during the UNSC debate on March 10, 2026?

(a) Pakistan's counter-terrorism operations are in conformity with international humanitarian law.
(b) India has consistently played the role of a spoiler in Afghanistan.
(c) India is a serial violator of international law.
(d) Pakistan supports the Taliban regime's current policy on inclusive governance.
Explanation: Pakistan actually urged the Taliban regime to fulfill its commitments regarding inclusive governance and the rights of women and girls, rather than expressing support for their current policies. The other three statements accurately reflect the arguments presented by the Pakistani envoy. [Source: https://www.dawn.com/news/1980464/pakistan-india-exchange-sharp-words-at-un-security-council-over-afghanistan, 10 Mar 2026]
#17816

Which player was named as the 12th man in the ICC's Team of the Tournament for the 2026 T20 World Cup?

(a) Lungi Ngidi
(b) Blessing Muzarabani
(c) Shadley Van Schalkwyk
(d) Adil Rashid
Explanation: Shadley Van Schalkwyk from the USA was selected as the 12th player for the ICC's Team of the Tournament. The other players listed were part of the main 11-member squad. [Source: https://www.dawn.com/news/1980203/t20-world-cup-sahibzada-farhan-makes-it-to-iccs-team-of-the-tournament, 09 Mar 2026]
#17817

Consider the following statements about the current economic environment as of March 10, 2026: 1. Gold prices are inversely related to the strength of the US dollar. 2. A potential de-escalation in the Middle East has led to a decrease in oil prices. 3. The Federal Reserve is expected to raise interest rates significantly at the March 18 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: Statements 1 and 2 are correct as gold prices rise when the dollar weakens, and oil prices fell due to de-escalation news. Statement 3 is incorrect because investors expect the Fed to keep rates steady, not raise them significantly. [Source: https://www.dawn.com/news/1980485/gold-gains-on-weaker-dollar-easing-inflation-concerns, 10 Mar 2026]
#17818

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]
#17819

Which policy was introduced for government offices on Fridays as part of the 2026 austerity measures?

(a) Complete closure of all offices
(b) Mandatory attendance at government buildings
(c) Half-day operations for all departments
(d) Work from home for government officials
Explanation: The government clarified that offices will not stop functioning on Fridays; instead, officials are required to work from home. This measure is intended to maintain administrative continuity while reducing operational costs. [Source: https://www.dawn.com/news/1980528/sindh-schools-to-close-from-march-16-31-friday-to-be-wfh-for-govt-offices-as-part-of-austerity-measures, 10 Mar 2026]
#17820

Which of the following is NOT a component of the austerity measures announced by the Sindh government in March 2026?

(a) Immediate privatization of all provincial government departments
(b) Ban on holding Iftar parties on government expenditure
(c) Reduction of fuel for official vehicles by 50 percent
(d) Restriction of official foreign travel to Economy Class
Explanation: The government did not announce the privatization of departments; rather, it focused on cutting operational costs such as travel, fuel, and event expenses. The other three options are verified components of the announced austerity package. [Source: https://www.dawn.com/news/1980528/sindh-schools-to-close-from-march-16-31-friday-to-be-wfh-for-govt-offices-as-part-of-austerity-measures, 10 Mar 2026]