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.
#19921
Consider the following statements about the oil market developments on March 10, 2026: 1. US President Donald Trump suggested that the war in the Middle East could conclude in the near future. 2. The Islamic Revolutionary Guards Corps threatened to block oil exports from the region if attacks continued. 3. The Kremlin reported that Vladimir Putin shared proposals aimed at a quick settlement to the war. 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 report: Trump predicted a short-lived war, the IRGC issued threats regarding oil exports, and the Kremlin confirmed Putin's diplomatic proposals. [Source: https://www.dawn.com/news/1980481/oil-sinks-7pc-as-trump-predicts-middle-east-de-escalation, 10 Mar 2026]
#19922
Which of the following statements regarding the events of March 10, 2026, is INCORRECT?
(a) Brent crude oil prices experienced significant volatility during the day.
(b) Russian President Vladimir Putin discussed the Iranian conflict with US President Donald Trump.
(c) Iranian security officials expressed skepticism regarding the restoration of security in the Strait of Hormuz.
(d) The United States officially declared the war in the Middle East to be permanently concluded.
Explanation: President Trump predicted the war could be over soon, but he did not declare it permanently concluded. The other statements accurately reflect the reported events of that date. [Source: https://www.dawn.com/news/1980416/oil-prices-go-haywire-as-iran-welcomes-new-supreme-leader, 10 Mar 2026]
#19923
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]
#19924
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]
#19925
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]
#19926
Consider the following statements about the Australian market on July 27, 2026: 1. The S&P/NZX 50 index in New Zealand fell by 0.4%. 2. Financials rose to their highest level since April 22, 2026. 3. Markets have priced in a 50% chance of a rate hike at the next central bank 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: Statement 1 and 2 are correct. Statement 3 is incorrect because the market priced in nearly a 30% chance of a rate hike, not 50%. [Source: https://www.brecorder.com/news/40431982/australian-shares-rise-nearly-1-as-middle-east-de-escalation-boosts-sentiment, 27 Jul 2026]
#19927
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]
#19928
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]
#19929
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]
#19930
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]
#19931
Which of the following factors is NOT cited as a primary risk or drag on Thailand's manufacturing production in the June 2026 report?
(a) Volatile energy costs
(b) Increased freight expenses
(c) Prolonged Middle East conflict
(d) Domestic labor shortages
Explanation: The report identifies energy costs, freight expenses, and Middle East tensions as primary risks. Domestic labor shortages are not mentioned as a factor in the June 2026 industrial performance report. [Source: https://www.brecorder.com/news/40431970/thai-june-factory-output-falls-31-yy-weaker-than-forecast, 27 Jul 2026]
#19932
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]
#19933
Consider the following statements about the HDFC Bank governance review: 1. The internal review found that the deposit pricing practices were in full compliance with all central bank regulations. 2. The bank's stock performance has underperformed compared to the Nifty 50 index so far in 2026. 3. The reappointment of CEO Sashidhar Jagdishan faced delays linked to the ongoing regulatory review. 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 false because the review found the practices were in violation of central bank rules, not in compliance. Statements 2 and 3 are factually accurate based on the reported market performance and the regulatory approval process for the CEO. [Source: https://www.brecorder.com/news/40432017/indias-hdfc-bank-finds-no-improper-motive-in-deposit-pricing-review-penalises-executives, 27 Jul 2026]
#19934
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]
#19935
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]
#19936
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]
#19937
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]
#19938
Which specific department within the Qatari interior ministry was responsible for the arrests made on March 9, 2026?
(a) Department for Combating Economic and Cyber Crimes
(b) Directorate of National Intelligence and Security
(c) Bureau of Public Order and Strategic Communication
(d) None of these
Explanation: The arrests were conducted by the Department for Combating Economic and Cyber Crimes, which operates under the General Directorate of Criminal Investigations. The other options are incorrect organizational titles. [Source: https://www.dawn.com/news/1980165/qatar-arrests-313-people-for-sharing-footage-misleading-information-amid-attacks-by-iran, 09 Mar 2026]
#19939
Consider the following statements about Thailand's industrial performance in June 2026: 1. The manufacturing production index fell by 3.1% year-on-year. 2. Market analysts had forecasted a growth of 0.2% for the month. 3. Palm oil production experienced a decline of 7.55% year-on-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 and 2 are correct. Statement 3 is incorrect because palm oil production fell by 33.2%, while the 7.55% figure refers to the decline in automobile production. [Source: https://www.brecorder.com/news/40431970/thai-june-factory-output-falls-31-yy-weaker-than-forecast, 27 Jul 2026]
#19940
What was the primary trigger for the temporary suspension of trading at the PSX on March 9, 2026?
(a) A 5 percent decline in the KSE-30 index
(b) A 6.99 percent decline in the KSE-100 index
(c) A 10 percent decline in the KSE-All Share index
(d) None of these
Explanation: According to PSX regulations, a market halt is triggered when the KSE-30 index falls by 5 percent from the previous day's close. This specific regulatory threshold was reached at 9:20am, leading to the suspension of equity-based markets. [Source: https://www.dawn.com/news/1980057/bloodbath-at-psx-as-kse-100-slides-over-11000-points, 09 Mar 2026]