February 2026 Edition
Start February Quiz
February 2026 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#7921
On April 18, 2026, the State Bank of Pakistan confirmed the repayment of how much debt to the United Arab Emirates?
(a) $1.5 billion
(b) $3.5 billion
(c) $2 billion
(d) $5 billion
Explanation: The State Bank of Pakistan officially announced on April 18, 2026, that the government had successfully repaid $2 billion to the UAE. While the total loan amount sought by the UAE was $3.5 billion, the specific payment confirmed on this date was $2 billion. [Source: https://www.dawn.com/news/1993003/sbp-says-govt-has-paid-2bn-to-uae, 18 Apr 2026]
#7922
On July 16, 2026, Prime Minister Shehbaz Sharif chaired a meeting in Islamabad to review the economic impact of tensions between which two nations?
(a) Saudi Arabia and Yemen
(b) United States and Iran
(c) Israel and Lebanon
(d) None of these
Explanation: The meeting focused on the economic repercussions of renewed hostilities between the United States and Iran. Other regional conflicts, while significant, were not the primary subject of this specific policy review. [Source: https://www.dawn.com/news/2015941/pm-shehbaz-warns-renewed-us-iran-conflict-could-hit-economy-again, 16 Jul 2026]
#7923
Consider the following statements about the austerity measures implemented in 2026: 1. The working week for all government offices was reduced to four days. 2. The austerity measures applied equally to the agriculture and industrial sectors. 3. Parliamentarians were subject to a 25 percent salary reduction. 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 regarding the four-day work week. Statement 3 is correct regarding the 25 percent salary cut for parliamentarians. Statement 2 is incorrect because the measures specifically excluded the agriculture and industrial sectors. [Source: https://www.dawn.com/news/1999437/pm-extends-austerity-drive-till-june-13-to-deal-with-impact-of-middle-east-war, 11 May 2026]
#7924
What was the new price of high-speed diesel per litre following the reduction announced on April 17, 2026?
(a) Rs353.43
(b) Rs366.58
(c) Rs378.00
(d) None of these
Explanation: Following the reduction of Rs32.12, the price of high-speed diesel was adjusted from Rs385.54 to Rs353.43 per litre. The other figures represent different price points mentioned in the context of recent fuel adjustments. [Source: https://www.dawn.com/news/1992656/govt-slashes-diesel-price-by-rs32, 17 Apr 2026]
#7925
In the context of the July 16, 2026, meeting, which sector did the Prime Minister specifically mention as being protected by government subsidies?
(a) Large-scale manufacturing
(b) Fuel and energy consumers
(c) Information technology exports
(d) None of these
Explanation: The Prime Minister highlighted that government subsidies were utilized to mitigate the impact of fuel price increases on ordinary citizens, including transport operators and motorcycle riders. This falls under the broader category of fuel and energy consumers. [Source: https://www.dawn.com/news/2015941/pm-shehbaz-warns-renewed-us-iran-conflict-could-hit-economy-again, 16 Jul 2026]
#7926
Consider the following statements regarding the meeting held on July 16, 2026: 1. The Prime Minister stated that Pakistan's economy is currently stable. 2. The meeting was informed that sufficient petroleum reserves are available. 3. The government announced a complete cessation of fuel subsidies to ensure fiscal austerity. 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 meeting's outcomes. Statement 3 is incorrect because the government emphasized the use of subsidies to protect citizens, rather than announcing their cessation. [Source: https://www.dawn.com/news/2015941/pm-shehbaz-warns-renewed-us-iran-conflict-could-hit-economy-again, 16 Jul 2026]
#7927
Which of the following statements regarding the 2026 Israel-Lebanon ceasefire is INCORRECT?
(a) The ceasefire was initially set for a duration of 10 days.
(b) The agreement was announced by US President Donald Trump.
(c) The ceasefire prohibits the Lebanese government from engaging in any future diplomatic negotiations with Israel.
(d) The ceasefire took effect on April 16, 2026.
Explanation: The ceasefire is explicitly described as a 'natural entry point' for direct negotiations, not a prohibition against them. Options A, B, and D are factually accurate descriptions of the event. [Source: https://www.dawn.com/news/1992354/10-day-ceasefire-between-israel-lebanon-takes-effect, 16 Apr 2026]
#7928
Who is the current Petroleum Minister of Pakistan as of April 2026?
(a) Muhammad Aurangzeb
(b) Ali Pervaiz Malik
(c) Bilal Yaseen
(d) None of these
Explanation: Ali Pervaiz Malik serves as the Petroleum Minister, while Muhammad Aurangzeb serves as the Finance Minister. The distinction is critical for identifying the officials responsible for economic and energy policy announcements. [Source: https://www.dawn.com/news/1992656/govt-slashes-diesel-price-by-rs32, 17 Apr 2026]
#7929
Which of the following is NOT a topic discussed during the high-level security consultations in Islamabad on July 21, 2026?
(a) Effective border management
(b) Regional and bilateral security
(c) Nuclear energy cooperation
(d) De-escalation of regional tensions
Explanation: The official reports confirm discussions on border management, regional security, and de-escalation efforts. Nuclear energy cooperation was not mentioned as part of the security consultations between the two interior ministries. [Source: https://www.dawn.com/news/2017273/iranian-interior-minister-meets-pm-shehbaz-cdf-munir-in-islamabad, 21 Jul 2026]
#7930
According to the Prime Minister's address on March 27, 2026, what is the total financial burden the federal government has borne over a three-week period to subsidize fuel prices?
(a) Rs 56 billion
(b) Rs 100 billion
(c) Rs 150 billion
(d) Rs 125 billion
Explanation: The government reported a cumulative fiscal burden of Rs 125 billion over three weeks to maintain current fuel prices. Rs 56 billion refers specifically to the burden borne during the week of the announcement. [Source: https://www.dawn.com/news/1985954/pm-shehbaz-again-rejects-increase-in-petrol-diesel-prices, 27 Mar 2026]
#7931
Match List I (Event/Entity) with List II (Context/Detail): 1. March 6, 2026 — a. Date of strike postponement announcement 2. March 13, 2026 — b. Date of initial strike announcement 3. March 25, 2026 — c. Date of price hike announcement 4. 800cc — d. Vehicle engine capacity threshold
(a) 1-c, 2-b, 3-a, 4-d
(b) 1-b, 2-c, 3-a, 4-d
(c) 1-c, 2-a, 3-b, 4-d
(d) 1-d, 2-b, 3-a, 4-c
Explanation: The price hike occurred on March 6, the strike was announced on March 13, the postponement was announced on March 25, and 800cc is the engine capacity threshold for the proposed quota system. [Source: https://www.dawn.com/news/1985299/petroleum-dealers-postpone-strike-in-light-of-middle-east-conflict, 25 Mar 2026]
#7932
Which of the following statements regarding the fuel price adjustments in April 2026 is INCORRECT?
(a) The government reduced the price of diesel by Rs32.12 per litre.
(b) The government announced a reduction in the price of petrol by Rs55 per litre on April 17, 2026.
(c) The Prime Minister's Office issued the statement regarding the diesel price reduction.
(d) High-speed diesel is used for large generators.
Explanation: The statement regarding a Rs55 reduction in petrol on April 17, 2026, is incorrect. The government only announced a reduction in diesel prices on that date, and the Rs55 figure refers to a previous price hike event. [Source: https://www.dawn.com/news/1992656/govt-slashes-diesel-price-by-rs32, 17 Apr 2026]
#7933
Which of the following statements regarding the diplomatic meeting on April 18, 2026, is INCORRECT?
(a) The Indian foreign secretary conveyed deep concern regarding the firing on merchant ships.
(b) The Iranian envoy agreed to convey India's views to the authorities in Iran.
(c) India recalled that Iran had previously facilitated the safe passage of ships bound for India.
(d) The meeting resulted in an immediate and permanent reopening of the Strait of Hormuz.
Explanation: The report does not state that the meeting resulted in a permanent reopening of the strait; rather, it notes that the Iranian envoy undertook to convey India's views to his government. Options A, B, and D are factually accurate descriptions of the diplomatic exchange. [Source: https://www.dawn.com/news/1992990/new-delhi-summons-iranian-envoy-after-indian-flagged-tankers-shot-at-near-strait-of-hormuz, 18 Apr 2026]
#7934
Which of the following individuals did NOT attend the meeting chaired by the Prime Minister on July 16, 2026?
(a) Ahsan Iqbal
(b) Muhammad Aurangzeb
(c) Bilal Azhar Kayani
(d) None of these
Explanation: All three individuals listed (Ahsan Iqbal, Muhammad Aurangzeb, and Bilal Azhar Kayani) were explicitly mentioned as attendees of the meeting. Therefore, 'None of these' is the correct answer as there is no false option provided. [Source: https://www.dawn.com/news/2015941/pm-shehbaz-warns-renewed-us-iran-conflict-could-hit-economy-again, 16 Jul 2026]
#7935
According to the 2026 ceasefire terms, which entity is recognized as having exclusive responsibility for Lebanon's sovereignty and national defense?
(a) Hezbollah
(b) United Nations Interim Force in Lebanon
(c) Lebanese security forces
(d) None of these
Explanation: The US State Department statement explicitly identifies the Lebanese security forces as the sole body responsible for national defense and sovereignty. This clause is intended to prevent non-state actors like Hezbollah from conducting independent military operations. [Source: https://www.dawn.com/news/1992354/10-day-ceasefire-between-israel-lebanon-takes-effect, 16 Apr 2026]
#7936
Consider the following statements regarding the government's fiscal policy announced on March 27, 2026: 1. The government reduced the development budget by Rs 100 billion to accommodate fuel subsidies. 2. The current market price of petrol in Pakistan is higher than the international market rate. 3. The Prime Minister urged citizens to adopt austerity measures in their daily travel habits.
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is correct regarding the budget cut. Statement 2 is incorrect because the government is subsidizing the price, meaning the domestic price is significantly lower than the international market rate. Statement 3 is correct as the Prime Minister explicitly requested citizens to reconsider travel necessity. [Source: https://www.dawn.com/news/1985954/pm-shehbaz-again-rejects-increase-in-petrol-diesel-prices, 27 Mar 2026]
#7937
Consider the following statements about the 2026 Israel-Lebanon ceasefire: 1. The conflict between the two nations escalated significantly on March 2, 2026. 2. The ceasefire agreement includes provisions to prevent non-state armed groups from conducting hostile activities. 3. This ceasefire marks the first time in 34 years that representatives from Israel and Lebanon have met in Washington, D.C. for such talks. 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 correct based on the provided information. The conflict escalation date, the security provisions regarding non-state actors, and the historical context of the Washington meetings are all verified details of the 2026 diplomatic event. [Source: https://www.dawn.com/news/1992354/10-day-ceasefire-between-israel-lebanon-takes-effect, 16 Apr 2026]
#7938
Consider the following statements about the consultative meeting held on March 27, 2026: 1. The meeting aimed to transition from untargeted subsidies to a digital, app-based quota system. 2. Provincial governments were requested to share the additional costs of higher international petroleum prices. 3. The Petroleum Division reported that the current fuel supply situation in the country is unstable. 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 policy shift toward targeted subsidies and the federal request for provincial cost-sharing. Statement 3 is incorrect because the Petroleum Division reported that the supply situation remained stable and adequate. [Source: https://www.dawn.com/news/1985900/centre-provinces-agree-on-rolling-out-app-based-fuel-quota-system-for-motorcycles-rickshaws, 27 Mar 2026]
#7939
Pakistan played a mediation role in facilitating a ceasefire between which two nations in 2026?
(a) Saudi Arabia and Yemen
(b) Russia and Ukraine
(c) United States and Iran
(d) None of these
Explanation: Pakistan has been actively engaged in mediation efforts between the United States and Iran, resulting in a ceasefire that commenced on April 8, 2026. This initiative has been acknowledged by international partners for its contribution to regional stability. [Source: https://www.dawn.com/news/1999715/pm-shehbaz-azerbaijans-president-aliyev-discuss-peace-efforts-in-mideast-pmo, 12 May 2026]
#7940
Which of the following roads in Rawalpindi experienced the closure of petrol filling stations due to security measures in 2026?
(a) Adiala Road
(b) Jhelum Road
(c) Chaklala Road
(d) Murree Road
Explanation: Murree Road, along with Airport Road and Peshawar Road, was specifically identified as a route where commercial outlets and fuel stations were closed. The other options are major roads in the city but were not the primary focus of the specific security clampdown mentioned. [Source: https://www.dawn.com/news/1990590/public-holiday-extended-in-pindi-markets-fuel-stations-along-key-roads-closed, 11 Apr 2026]