February 2026 Edition
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February 2026 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#5861
Consider the following statements about the global vegetable oil market as of July 27, 2026: 1. Palm oil prices are influenced by the price movements of rival edible oils. 2. The strengthening of the currency of trade generally makes a commodity more expensive for foreign buyers. 3. Geopolitical de-escalation in the Strait of Hormuz contributed to a rise in crude oil prices. 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 palm oil competes in the global market with other oils. Statement 2 is correct as a stronger currency increases the cost for buyers using foreign currency. Statement 3 is incorrect because the de-escalation in the Strait of Hormuz led to a decline in crude oil prices, not a rise. [Source: https://www.brecorder.com/news/40432000/palm-slips-more-than-1-on-weaker-crude-chinese-vegetable-oils, 27 Jul 2026]
#5862
What is the new price of petrol per litre following the government's adjustment on July 27, 2026?
(a) Rs520.35
(b) Rs386.83
(c) Rs458.41
(d) Rs334.18
Explanation: Following the adjustment announced on July 27, 2026, the price of petrol was set at Rs334.18 per litre. The other figures represent either the price of HSD or historical peak prices mentioned in the report. [Source: https://www.dawn.com/news/2018803/govt-decreases-petrol-price-by-re1-increases-hsd-price-by-rs337, 27 Jul 2026]
#5863
Which of the following US Congressmen was part of the delegation that visited Pakistan in July 2026?
(a) Ryan Keith Zinke
(b) Michael McCaul
(c) Brad Sherman
(d) None of these
Explanation: Ryan Keith Zinke, representing Montana, was one of the two US congressmen who visited Pakistan. Michael James was the other member of the delegation, making 'None of these' incorrect as Zinke is explicitly listed. [Source: https://www.dawn.com/news/2018779/in-meeting-with-cdf-munir-us-congressmen-acknowledge-pakistans-critical-role-in-regional-stability-ispr, 27 Jul 2026]
#5864
Which specific constitutional amendments have been the primary focus of the nationwide lawyers' movement in 2026?
(a) 24th and 25th Amendments
(b) 26th and 27th Amendments
(c) 28th and 29th Amendments
(d) None of these
Explanation: The Lawyers Action Committee has organized protests against the 26th and 27th Constitutional Amendments, arguing that these measures compromise judicial independence. Other options are incorrect as they do not correspond to the specific legislation cited in the current political discourse. [Source: https://www.dawn.com/news/2018681/why-coercion-doesnt-work, 27 Jul 2026]
#5865
Consider the following statements about the fuel pricing policy in Pakistan: 1. The government transitioned to a daily fuel pricing mechanism due to global market volatility. 2. Monthly sales of kerosene are significantly higher than those of petrol and high-speed diesel. 3. The government has been implementing fuel conservation measures since early 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: Statement 1 is correct as the government adopted daily pricing to manage volatility. Statement 3 is correct regarding conservation measures. Statement 2 is incorrect because kerosene demand is only 10,000 tonnes monthly, far lower than the 700,000 to 800,000 tonnes for petrol and HSD. [Source: https://www.dawn.com/news/2018803/govt-decreases-petrol-price-by-re1-increases-hsd-price-by-rs337, 27 Jul 2026]
#5866
Consider the following statements about the visit of the US delegation in July 2026: 1. The delegation met with the Governor of Punjab in Lahore. 2. The US congressmen expressed that the bilateral relationship has never been better. 3. The delegation visited the mausoleum of Allama Iqbal during their stay in Islamabad. 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 the delegation met the Punjab Governor and Zinke remarked on the strength of the relationship. Statement 3 is incorrect because the mausoleum of Allama Iqbal is located in Lahore, not Islamabad. [Source: https://www.dawn.com/news/2018779/in-meeting-with-cdf-munir-us-congressmen-acknowledge-pakistans-critical-role-in-regional-stability-ispr, 27 Jul 2026]
#5867
What is the target inflation range set by the State Bank of Pakistan as mentioned in the July 2026 report?
(a) 3-5 percent
(b) 9-11 percent
(c) 7-9 percent
(d) 5-7 percent
Explanation: The SBP maintains a target inflation range of 5-7 percent. Current inflation levels of 11.1 percent are well above this threshold, necessitating a restrictive monetary policy. [Source: https://www.dawn.com/news/2018929/policy-rate-pause-splits-stakeholders, 28 Jul 2026]
#5868
According to the June 2026 data, what was the recorded inflation rate in Pakistan?
(a) 11.1 percent
(b) 12.5 percent
(c) 9.8 percent
(d) None of these
Explanation: The inflation rate for June 2026 was reported at 11.1 percent, which remains significantly higher than the SBP's target range of 5-7 percent. This elevated inflation is a primary reason for the cautious monetary policy stance. [Source: https://www.dawn.com/news/2018929/policy-rate-pause-splits-stakeholders, 28 Jul 2026]
#5869
What was the policy rate maintained by the State Bank of Pakistan as of July 28, 2026?
(a) 9.5 percent
(b) 10.5 percent
(c) 11.5 percent
(d) 12.5 percent
Explanation: The State Bank of Pakistan decided to keep the benchmark interest rate at 11.5 percent in its July 2026 review. This decision was made to balance macroeconomic stability against the demands for industrial growth. [Source: https://www.dawn.com/news/2018929/policy-rate-pause-splits-stakeholders, 28 Jul 2026]
#5870
Consider the following statements regarding the economic situation in Pakistan as of July 2026: 1. The SBP's decision to maintain the policy rate is supported by domestic trade bodies to curb inflation. 2. Private sector credit showed signs of recovery in June 2026. 3. Industrial stakeholders argue that a single-digit interest rate is necessary to improve export competitiveness. 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 domestic trade bodies (FPCCI, Korangi Association) criticized the policy rate as contractionary, not supportive. Statements 2 and 3 are factually accurate reflections of the economic sentiment and data reported in July 2026. [Source: https://www.dawn.com/news/2018929/policy-rate-pause-splits-stakeholders, 28 Jul 2026]
#5871
Consider the following statements about the Sindh government's transport policy announced on April 5, 2026: 1. The government decided to make all public transport free across the province. 2. The subsidy package includes financial support for transporters based on route permits. 3. The total contribution of the Sindh government towards the overall subsidy framework is approximately Rs14 billion. 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 government explicitly chose a fare freeze over making buses free. Statements 2 and 3 are factually correct as per the government's announcement regarding route permit subsidies and the Rs14 billion total contribution. [Source: https://www.dawn.com/news/1988836/sindh-cm-secures-fare-freeze-after-talks-with-transporters-amid-fuel-price-hike, 05 Apr 2026]
#5872
Consider the following statements regarding policy and governance developments in Pakistan as of August 5, 2026:
(a) Only 1 and 2 are correct
(b) Only 2 and 3 are correct
(c) Only 1 and 3 are correct
(d) 1, 2, and 3 are correct
Explanation: Statement 1 is incorrect because the planned restructuring involves unbundling the two existing gas utilities into five entities, not five companies into two. Statement 2 is correct regarding the labor action scheduled for August 8. Statement 3 is correct regarding the recent technological infrastructure advancement at SSUET. [Source: https://www.brecorder.com/news/40433353/goods-transporters-say-will-observe-strike-from-8th]
#5873
Select the correct chronological sequence of the following policy-related occurrences reported on August 5, 2026:
(a) A > B > C > D
(b) C > B > D > A
(c) B > A > D > C
(d) D > C > B > A
Explanation: The events involve: A) The appointment of a cricket coach; B) The launch of a book on hybrid warfare; C) Bilawal Bhutto's statement on Youm-e-Istehsal-e-Kashmir; D) The Ministerial meeting in Jordan regarding Jerusalem. All events were reported on the same calendar day, and their sequence follows their presentation in the daily news cycle order. [Source: https://www.brecorder.com/news/40433345/smith-appointed-batting-coach-of-mens-team]
#5874
In the context of the 2026 pharmaceutical conference, what percentage of pharmaceutical raw material does Pakistan currently import?
(a) 70 percent
(b) 90 percent
(c) 80 percent
(d) 95 percent
Explanation: The Federal Health Minister stated that Pakistan imports 90 percent of its pharmaceutical raw material, highlighting the need for domestic production. 80 percent refers to the digitalization status of DRAP services. [Source: https://www.dawn.com/news/2016621/pakistan-china-pharma-conference-ends-with-850m-agreements, 19 Jul 2026]
#5875
Who is the current Canadian Minister of Foreign Affairs visiting Pakistan in July 2026?
(a) Melanie Joly
(b) Anita Anand
(c) Chrystia Freeland
(d) None of these
Explanation: Anita Anand is the Canadian Minister of Foreign Affairs who scheduled a visit to Pakistan in July 2026. The other names listed are former or alternative Canadian cabinet members, making them incorrect. [Source: https://www.dawn.com/news/2016734/canadian-foreign-minister-anita-anand-to-visit-pakistan-on-monday, 19 Jul 2026]
#5876
Which of the following is NOT a stated objective or outcome of the 2026 Pakistan-China Pharmaceutical and Healthcare B2B Investment Conference?
(a) Promotion of clinical trials and vocational training
(b) Local manufacturing of medical devices
(c) Domestic production of pharmaceutical raw materials
(d) Immediate privatization of all public sector hospitals
Explanation: The conference focused on investment, technology transfer, and local manufacturing to reduce imports; it did not involve the privatization of public hospitals. The other three options were explicitly mentioned as key discussion points. [Source: https://www.dawn.com/news/2016621/pakistan-china-pharma-conference-ends-with-850m-agreements, 19 Jul 2026]
#5877
Consider the following statements about the Pakistan-Canada diplomatic engagement in 2026: 1. The sixth round of Bilateral Political Consultations was held in Islamabad in February 2026. 2. Canada hosted the second round of negotiations for a Foreign Investment Promotion and Protection Agreement in June 2026. 3. The Canadian Foreign Minister is expected to meet with the President of Pakistan during her visit. 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 factually correct regarding the 2026 diplomatic timeline. Statement 3 is incorrect because the report specifies that the Canadian Foreign Minister is expected to meet with Prime Minister Shehbaz Sharif, not the President. [Source: https://www.dawn.com/news/2016734/canadian-foreign-minister-anita-anand-to-visit-pakistan-on-monday, 19 Jul 2026]
#5878
The visit of the Canadian Foreign Minister to Pakistan in July 2026 marks the first such visit in how many years?
(a) 20 years
(b) 15 years
(c) 10 years
(d) 25 years
Explanation: Global Affairs Canada confirmed that the visit by Anita Anand in July 2026 is the first visit by a Canadian foreign minister to Pakistan in 20 years. This highlights the significance of the current diplomatic engagement. [Source: https://www.dawn.com/news/2016734/canadian-foreign-minister-anita-anand-to-visit-pakistan-on-monday, 19 Jul 2026]
#5879
What was the total value of agreements finalized during the Pakistan-China Pharmaceutical and Healthcare B2B Investment Conference in 2026?
(a) $600 million
(b) $1.2 billion
(c) $850 million
(d) $250 million
Explanation: The conference concluded with total agreements worth $850 million, consisting of $600 million in contracts and $250 million in MoUs. $1.2 billion is the projected cost of imported vaccines by 2030, not the conference total. [Source: https://www.dawn.com/news/2016621/pakistan-china-pharma-conference-ends-with-850m-agreements, 19 Jul 2026]
#5880
Which of the following is NOT a component of the export-boosting schemes approved by the ECC on July 28, 2026?
(a) Enhanced Export Finance Scheme (E-EFS)
(b) Direct cash grants for industrial electricity bills
(c) Performance-based rebate on incremental exports
(d) Long-Term Export Growth Financing Facility (LTEGFF)
Explanation: The approved package includes E-EFS, LTEGFF, and a performance-based rebate scheme. Direct cash grants for electricity bills are not part of the three specific schemes mentioned in the ECC approval. [Source: https://www.dawn.com/news/2018926/ecc-okays-rs255bn-for-export-boosting-schemes, 28 Jul 2026]