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.
#721
Consider the following statements about the Strait of Hormuz and the 2026 geopolitical developments: 1. The Strait of Hormuz connects the Persian Gulf to the Gulf of Oman. 2. The US President claimed that the United States would refrain from military action while waiting for international support. 3. The Iranian leadership indicated that blocking the strait is a strategic tool to exert pressure on Washington. 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 geographically correct. Statement 2 is false because the US President explicitly stated the US would be 'bombing the hell out of the shoreline' and shooting Iranian boats. Statement 3 is correct as it reflects the stated intent of the Iranian leadership. [Source: https://www.dawn.com/news/1982096/trump-claims-many-countries-will-send-warships-to-keep-strait-of-hormuz-open, 14 Mar 2026]
#722
Which of the following statements regarding the fuel supply situation in July 2026 is INCORRECT?
(a) Diesel stocks were maintained at a 21-day cover.
(b) Petrol consumption increased by 18-20 per cent in the first half of July.
(c) Local refineries are capable of supplying the entire daily national demand for petrol.
(d) The NCMC is a civil-military body focused on energy supplies.
Explanation: Local refineries can only supply about 9,000 tonnes of petrol per day, while daily consumption is approximately 25,000 tonnes, making the statement about them meeting the entire demand false. The other statements accurately reflect the data provided in the report. [Source: https://www.dawn.com/news/2015959/oil-industry-prompts-government-to-discourage-hoarding-as-petrol-stocks-decline-to-14-day-cover, 16 Jul 2026]
#723
Which regulatory body conducted the public hearing regarding the unavailability of LNG supplies on March 31, 2026?
(a) National Electric Power Regulatory Authority (NEPRA)
(b) Oil and Gas Regulatory Authority (OGRA)
(c) Private Power and Infrastructure Board (PPIB)
(d) None of these
Explanation: The hearing regarding the fuel supply situation and power generation constraints was held by the National Electric Power Regulatory Authority (NEPRA). [Source: https://www.dawn.com/news/1987262/lng-supplies-under-force-majeure-not-available-for-power-generation-say-officials, 31 Mar 2026]
#724
Consider the following statements about the EU-Pakistan diplomatic engagement in 2026: 1. The 8th round of the EU-Pakistan Strategic Dialogue was co-chaired by Ishaq Dar and Kaja Kallas. 2. The Prime Minister invited the Presidents of the European Council and the European Commission to visit Pakistan. 3. The EU High Representative described Pakistan as a minor regional power with limited strategic influence. 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 they reflect the official proceedings and invitations extended by the Prime Minister. Statement 3 is incorrect because Kaja Kallas explicitly referred to Pakistan as a 'major regional power' and an 'important partner'. [Source: https://www.dawn.com/news/2004340/pm-reaffirms-eu-ties-thanks-kallas-for-support-for-gulf-peace-efforts, 01 Jun 2026]
#725
Which of the following is NOT a key area of cooperation mentioned in the 2026 EU-Pakistan Strategic Dialogue?
(a) Climate change
(b) Connectivity
(c) Sustainable development
(d) Space exploration
Explanation: The dialogue focused on trade, investment, climate change, security, migration, sustainable development, and connectivity. Space exploration was not identified as a primary pillar of the strategic engagement. [Source: https://www.dawn.com/news/2004340/pm-reaffirms-eu-ties-thanks-kallas-for-support-for-gulf-peace-efforts, 01 Jun 2026]
#726
Consider the following statements about the fuel supply challenges in July 2026: 1. The NCMC was established as a civil-military body to monitor energy supplies. 2. Rising import premiums for petrol were influenced by renewed US-Iran hostilities. 3. The government has successfully eliminated all pending price differential claims for oil marketing companies. 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 based on the report. Statement 3 is incorrect because the report explicitly mentions that over Rs 66 billion in price differential claims remain pending, which continues to hinder the operations of smaller oil marketing companies. [Source: https://www.dawn.com/news/2015959/oil-industry-prompts-government-to-discourage-hoarding-as-petrol-stocks-decline-to-14-day-cover, 16 Jul 2026]
#727
Consider the following statements about the 2026 energy governance measures: 1. The government has prioritized protecting the weakest sections of society over general subsidies. 2. The Strait of Hormuz remains the primary route for current oil imports from Saudi Arabia. 3. The government has established a committee to hold daily review meetings regarding oil reserves. 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 aims to divert resources to the weak strata. Statement 2 is incorrect because the Strait of Hormuz is closed, and oil is being sourced via the Red Sea and Fujairah. Statement 3 is correct as the Information Minister confirmed the formation of a committee for daily reviews. [Source: https://www.dawn.com/news/1984252/scarcity-of-energy-pm-shehbaz-urges-nation-govt-to-display-responsible-attitude, 21 Mar 2026]
#728
What was the percentage growth in mobile phone imports during the first nine months of the fiscal year 2026?
(a) 14.67 percent
(b) 19.61 percent
(c) 9.78 percent
(d) 27.84 percent
Explanation: Mobile phone imports grew by 27.84 percent to $1.444 billion during the first nine months of the fiscal year. The other percentages listed refer to specific valuation increases for individual phone models. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
#729
Which of the following sectors was explicitly identified as having vast export potential during the meeting held on March 15, 2026?
(a) Textiles and garments
(b) Automobile manufacturing
(c) Information technology
(d) Meat and dairy
Explanation: The official briefing highlighted that Pakistan's agricultural sector, specifically including meat, poultry, dairy, and seafood, possesses significant export potential. Textiles and IT were not the focus of this food-security-centric meeting. [Source: https://www.dawn.com/news/1982358/pm-shehbaz-directs-formulation-of-strategy-for-exporting-surplus-food-items-to-gulf-countries, 15 Mar 2026]
#730
Which Apple mobile phone models remained stable with no change in valuation between the January and April 2026 rulings?
(a) iPhone 15 Pro Max and iPhone 14
(b) iPhone 13 and iPhone 12 Pro
(c) iPhone XS Max and iPhone SE 3
(d) iPhone 11 and iPhone XR
Explanation: The iPhone XS Max and iPhone SE 3 were identified as the most stable models, showing no change in their customs valuation between the two rulings. Other models experienced varying degrees of upward revision. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
#731
Which of the following statements regarding the 2026 mobile phone valuation revision is INCORRECT?
(a) The new ruling abolished the existing framework regarding six-month activation and freight adjustment.
(b) The revision process included a consultation meeting with relevant stakeholders held on April 13, 2026.
(c) The new valuation applies to imports of old and used mobile phones in commercial quantities.
(d) The revision aims to align assessed values for duty and tax purposes with prevailing market rates.
Explanation: The 2026 ruling did not abolish the existing framework; rather, it preserved the earlier regulatory requirements concerning six-month activation, higher declared value, and freight adjustment. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
#732
Consider the following statements about the 2026 customs valuation revision: 1. The revision was implemented to align assessed values with prevailing market rates. 2. The sharpest upward increases were recorded in older flagship and mid-range Samsung and Google Pixel devices. 3. Newer flagship models, such as the iPhone 15 Pro Max, experienced the highest percentage increase in valuation compared to older models. 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 primary goal was market alignment. Statement 2 is correct as older Samsung and Pixel devices saw the steepest jumps. Statement 3 is incorrect because newer flagship models like the iPhone 15 Pro Max saw relatively moderate increases (9.78 percent) compared to the sharp spikes in older models. [Source: https://www.dawn.com/news/1994373/customs-increases-import-valuation-for-62-old-and-used-mobile-phone-models, 23 Apr 2026]
#733
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]
#734
What is the total value of the emergency fund that the government plans to utilize to absorb petroleum price shocks as of 2026-03-12?
(a) Rs289 billion
(b) Rs589 billion
(c) Rs489 billion
(d) Rs389 billion
Explanation: The government has allocated a Rs389 billion emergency fund to mitigate the impact of rising global fuel prices on domestic consumers. Other options represent incorrect figures that do not align with the official fiscal planning mentioned. [Source: https://www.dawn.com/news/1981355/govt-mulling-not-hiking-prices-of-petroleum-products-further-despite-increase-in-global-market, 12 Mar 2026]
#735
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]
#736
Consider the following statements about Pakistan's energy situation as of 2026-03-12: 1. The government is facing internal division between cabinet members and technocrats regarding the use of pricing buffers. 2. The current Dubai-based pricing for oil is lower than the benchmark Brent price. 3. The government has cited the risk of supply disruptions, similar to those seen in Bangladesh and India, as a reason for previous price adjustments. 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 cabinet members and technocrats are divided over the prime minister's directive. Statement 3 is correct as ministers defended previous hikes by referencing supply disruptions in neighboring countries. Statement 2 is incorrect because the Dubai-based pricing ($135/barrel) is currently higher than the Brent benchmark ($105/barrel). [Source: https://www.dawn.com/news/1981355/govt-mulling-not-hiking-prices-of-petroleum-products-further-despite-increase-in-global-market, 12 Mar 2026]
#737
Which of the following statements regarding the government's petroleum policy as of 2026-03-12 is INCORRECT?
(a) The government has successfully secured an increase in LNG imports from Qatar.
(b) The government is considering using block allocations for emergencies to absorb price hikes.
(c) The government has banned the export of all petroleum products.
(d) Ministers indicated that petroleum prices could be reviewed on 2026-03-13.
Explanation: The statement regarding LNG imports is incorrect because Qatar declared force majeure on its processing facilities, leading to a suspension of LNG imports, not an increase. The other statements accurately reflect the government's current policy stance. [Source: https://www.dawn.com/news/1981355/govt-mulling-not-hiking-prices-of-petroleum-products-further-despite-increase-in-global-market, 12 Mar 2026]
#738
What is the primary objective of the national innovation ecosystem proposed by the Prime Minister on July 22, 2026?
(a) To increase foreign direct investment in the telecommunications sector
(b) To develop indigenous knowledge and technological capabilities
(c) To privatize all public sector research and development centers
(d) To exclusively focus on importing advanced robotics from the Global North
Explanation: The core objective is to foster indigenous knowledge and technological capabilities, ensuring that the technology is owned and continuously advanced within Pakistan rather than relying solely on imports. [Source: https://www.brecorder.com/news/40431277/pm-shehbaz-calls-for-national-innovation-ecosystem-to-advance-indigenous-robotics-technology, 22 Jul 2026]
#739
Which of the following statements regarding India's e-commerce policy as of July 23, 2026, is INCORRECT?
(a) Foreign e-commerce companies are permitted to operate as marketplaces to connect buyers and sellers
(b) Foreign e-commerce companies are now fully permitted to sell goods directly to domestic consumers
(c) The government aims to facilitate greater exports through increased access to global markets
(d) Policy restrictions on foreign e-commerce have been a point of contention between New Delhi and Washington
Explanation: The government continues to prohibit foreign e-commerce companies from selling goods directly to domestic consumers to protect local brick-and-mortar retailers. Therefore, statement C is false. [Source: https://www.brecorder.com/news/40431461/india-relaxes-e-commerce-investment-rules-for-exports-in-win-for-amazon, 23 Jul 2026]
#740
Consider the following statements about the impact of Middle East tensions on global energy markets as of July 23, 2026: 1. Brent crude futures approached $99 a barrel in Asian trade. 2. The conflict has raised concerns regarding the closure of the Strait of Hormuz. 3. Brent crude prices have rallied 12% over the week ending July 23, 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: All three statements are factually accurate based on the report. Brent crude reached nearly $99, the Strait of Hormuz is a focal point for supply disruption fears, and the 12% weekly rally is confirmed. [Source: https://www.brecorder.com/news/40431465/indian-bonds-fall-for-third-session-as-oil-prices-near-100-a-barrel, 23 Jul 2026]