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.
#1421
Who is the current Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) as of 2026?
(a) Waqas Ghani
(b) Bilal bin Saqib
(c) Taqi Usmani
(d) None of these
Explanation: Bilal bin Saqib serves as the Chairman of the PVARA and is leading the dialogue with religious scholars regarding digital asset classification. Waqas Ghani is a research head at a brokerage firm, and Mufti Taqi Usmani is a prominent religious scholar. [Source: https://www.dawn.com/news/2015697/crypto-czar-asks-jamia-darul-uloom-to-distinguish-between-speculative-crypto-asset-backed-tokens, 15 Jul 2026]
#1422
The total prize money offered at the French Open in 2026 is:
(a) 61.7 million euros
(b) 53.5 million euros
(c) 80.06 million euros
(d) 90.0 million euros
Explanation: The French Open prize money for 2026 was increased by 9.5 percent to reach a total of 61.7 million euros. The other figures represent different currencies or amounts associated with other Grand Slam tournaments. [Source: https://www.dawn.com/news/1997810/players-would-boycott-french-open-over-prize-money-dispute-says-sabalenka, 05 May 2026]
#1423
Consider the following statements about the 2026 French Open prize money dispute: 1. Aryna Sabalenka indicated that a boycott is a potential strategy to secure better rights. 2. The current prize money allocation is approximately 22 percent of the total tournament revenue. 3. Coco Gauff highlighted that many players ranked between 50 and 200 struggle financially. 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 Sabalenka voiced the boycott threat. Statement 3 is correct as Gauff noted the financial struggles of lower-ranked players. Statement 2 is incorrect because the current allocation is less than 15 percent, not 22 percent (which is the target demand). [Source: https://www.dawn.com/news/1997810/players-would-boycott-french-open-over-prize-money-dispute-says-sabalenka, 05 May 2026]
#1424
For how many years had Viktor Orban ruled Hungary prior to his defeat in 2026?
(a) 10 years
(b) 12 years
(c) 20 years
(d) 16 years
Explanation: Viktor Orban had been in power for 16 years before conceding the 2026 election. He was seeking a fifth consecutive term. [Source: https://www.dawn.com/news/1991135/viktor-orban-concedes-painful-defeat-to-conservative-peter-magyar-in-hungary-polls, 12 Apr 2026]
#1425
What was the record voter turnout recorded during the 2026 Hungarian parliamentary elections?
(a) 77.8 percent
(b) 72.5 percent
(c) 67.0 percent
(d) 82.1 percent
Explanation: The election saw a record turnout of 77.8 percent at 6:30 pm local time. This high participation reflects the intense public interest in the contest between Orban and Magyar. [Source: https://www.dawn.com/news/1991135/viktor-orban-concedes-painful-defeat-to-conservative-peter-magyar-in-hungary-polls, 12 Apr 2026]
#1426
Who is the political newcomer that defeated Viktor Orban in the 2026 Hungarian elections?
(a) Gergley Gulyas
(b) Peter Magyar
(c) JD Vance
(d) None of these
Explanation: Peter Magyar, a former government insider, emerged as the primary challenger and victor in the 2026 parliamentary elections. Gergley Gulyas is Orban's chief of staff. [Source: https://www.dawn.com/news/1991135/viktor-orban-concedes-painful-defeat-to-conservative-peter-magyar-in-hungary-polls, 12 Apr 2026]
#1427
Consider the following statements about the 2026 Hungarian elections: 1. Peter Magyar's party secured more than two-thirds of the parliamentary seats. 2. Viktor Orban was seeking his fifth consecutive term in office. 3. The election results were finalized and confirmed by the European Union before Orban conceded. 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 Magyar won 137 seats (over two-thirds) and Orban was indeed seeking a fifth term. Statement 3 is incorrect because Orban conceded while results were still being counted and not yet final. [Source: https://www.dawn.com/news/1991135/viktor-orban-concedes-painful-defeat-to-conservative-peter-magyar-in-hungary-polls, 12 Apr 2026]
#1428
Which of the following sectors was explicitly cited by the US administration as a reason for the discriminatory treatment leading to the 2026 tariffs?
(a) Aerospace components
(b) Pharmaceutical products
(c) Dairy goods
(d) Textile manufacturing
Explanation: The US administration identified dairy goods, along with alcohol and American-made cars, as sectors subject to discriminatory treatment by Canada, prompting the tariff response. [Source: https://www.dawn.com/news/2017209/us-imposes-new-50pc-tariffs-on-20bn-worth-of-canadian-products, 21 Jul 2026]
#1429
Consider the following statements about the US-Canada trade situation as of July 2026: 1. The US President invoked Section 338 to retaliate against what the administration termed discriminatory trade practices. 2. The tariffs apply to a diverse range of goods including wine, cement, and ice hockey gear. 3. The US Trade Representative is currently holding bilateral talks regarding the USMCA with Canadian officials in Mexico City. 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. Statement 3 is incorrect because the US Trade Representative is holding bilateral talks with Mexico, having pointedly left Canada out of those specific negotiations. [Source: https://www.dawn.com/news/2017209/us-imposes-new-50pc-tariffs-on-20bn-worth-of-canadian-products, 21 Jul 2026]
#1430
What is the approximate total value of Canadian imports affected by the new US tariff measures announced in July 2026?
(a) 10 billion dollars
(b) 40 billion dollars
(c) 30 billion dollars
(d) 20 billion dollars
Explanation: The US Trade Representative's office confirmed that the new 50 percent tariffs apply to approximately 20 billion dollars worth of imports from Canada. [Source: https://www.dawn.com/news/2017209/us-imposes-new-50pc-tariffs-on-20bn-worth-of-canadian-products, 21 Jul 2026]
#1431
Who confirmed the death of the fisherman to the media on March 8, 2026?
(a) Naqibullah Kakar
(b) Attaur Rehman
(c) Bilal Yaseen
(d) None of these
Explanation: Gwadar Deputy Commissioner Naqibullah Kakar officially confirmed the incident to the press. While District Police Officer Attaur Rehman also provided details, the primary confirmation of the event came from the Deputy Commissioner. [Source: https://www.dawn.com/news/1979820/gwadar-fisherman-killed-by-debris-from-israeli-projectile-in-iran-waters, 08 Mar 2026]
#1432
Which of the following statements regarding the incident on March 8, 2026, is INCORRECT?
(a) The victim was a resident of a town in the Gwadar district.
(b) The debris that struck the boat originated from a US-made missile.
(c) The projectile was intercepted by Iranian air defense systems.
(d) The incident occurred in Iranian territorial waters.
Explanation: The debris was identified as originating from an Israeli projectile, not a US-made missile. The other statements accurately reflect the facts reported regarding the victim's origin, the interception mechanism, and the location of the incident. [Source: https://www.dawn.com/news/1979820/gwadar-fisherman-killed-by-debris-from-israeli-projectile-in-iran-waters, 08 Mar 2026]
#1433
Which of the following institutions is NOT among those the Finance Minister is scheduled to meet during his July 2026 visit?
(a) US Export-Import Bank
(b) International Development Finance Corporation
(c) International Monetary Fund
(d) World Trade Organization
Explanation: The Finance Minister's schedule includes meetings with the USTR, Exim Bank, DFC, and the IMF. The World Trade Organization is not listed as a meeting partner for this specific bilateral visit to Washington. [Source: https://www.dawn.com/news/2016679/finance-minister-aurangzeb-arrives-in-us-on-3-day-visit-expected-to-hold-talks-on-trade-finance-investment, 19 Jul 2026]
#1434
Regarding the security and administrative developments reported on July 18, 2026, consider the following statements: 1. Security forces conducted an intelligence-based operation in Wana to intercept an explosive-laden vehicle. 2. The Counter Terrorism Department (CTD) neutralized a wanted terrorist specifically in the Dera Ismail Khan region. 3. The Lawyers Action Committee (LAC) has expressed support for the current government's judicial appointment process. Which of the following describes the accuracy of these statements?
(a) Only 1 and 2 are correct.
(b) Only 2 and 3 are correct.
(c) Only 1 and 3 are correct.
(d) All statements are correct.
Explanation: Statements 1 and 2 accurately reflect success in intelligence-based operations in Wana and DI Khan respectively. Statement 3 is incorrect because the Lawyers Action Committee has denounced the current judicial appointment process as 'horse trading' and has initiated a protest movement against it. [Source: https://www.dawn.com/news/2016455/terrorist-killed-as-security-forces-destroy-explosive-laden-vehicle-intended-for-suicide-attack-in-wana-state-media]
#1435
Consider the following statements about the regional security context on March 8, 2026: 1. Iran has been conducting retaliatory strikes in Gulf countries targeting US assets. 2. The incident involved a projectile intercepted over the Sistan-Baluchistan province. 3. The victim was killed by a direct strike from an Iranian air defense missile. 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 Iran has been targeting US assets in the region. Statement 2 is correct regarding the location of the interception. Statement 3 is incorrect because the victim was killed by falling debris from an intercepted projectile, not by a direct strike from an Iranian missile. [Source: https://www.dawn.com/news/1979820/gwadar-fisherman-killed-by-debris-from-israeli-projectile-in-iran-waters, 08 Mar 2026]
#1436
Who is the current Interior Minister of Pakistan who held talks with his Iranian counterpart in July 2026?
(a) Rana Sanaullah
(b) Mohsin Naqvi
(c) Sheikh Rashid Ahmed
(d) None of these
Explanation: Mohsin Naqvi is the serving Interior Minister of Pakistan who hosted the Iranian delegation. Rana Sanaullah and Sheikh Rashid are former interior ministers, making them incorrect. [Source: https://www.dawn.com/news/2017481/pakistan-ready-to-extend-cooperation-with-iran-in-all-fields-naqvi-tells-iranian-counterpart, 22 Jul 2026]
#1437
Which of the following areas was NOT explicitly mentioned as a focus for enhanced cooperation between Pakistan and Iran during the July 2026 meetings?
(a) Nuclear energy technology transfer
(b) Prevention of illegal immigration
(c) Counter-terrorism
(d) Counter-narcotics
Explanation: The discussions focused on security, trade, and infrastructure, specifically counter-terrorism, immigration, and narcotics. Nuclear energy technology transfer was not part of the official agenda. [Source: https://www.dawn.com/news/2017481/pakistan-ready-to-extend-cooperation-with-iran-in-all-fields-naqvi-tells-iranian-counterpart, 22 Jul 2026]
#1438
At which international forum did US Secretary of Defense Pete Hegseth praise Pakistan's role in US-Iran negotiations on May 30, 2026?
(a) Raisina Dialogue
(b) Munich Security Conference
(c) Shangri-La Dialogue
(d) World Economic Forum
Explanation: The US Secretary of Defense made these remarks during the 23rd Shangri-La Dialogue summit held in Singapore. The Raisina Dialogue is a separate geopolitical conference hosted in India. [Source: https://www.dawn.com/news/2003936/us-pakistan-developing-true-friendship-hegseth-hails-islamabads-role-in-us-iran-negotiations, 30 May 2026]
#1439
Which of the following statements regarding the US-Pakistan diplomatic relationship as of May 30, 2026, is INCORRECT?
(a) The US Secretary of Defense described the developing relationship as a true friendship.
(b) The US Secretary of State indicated that strengthening ties with Pakistan comes at the expense of the relationship with New Delhi.
(c) The US administration claims to have brokered a ceasefire between Pakistan and India in May 2025.
(d) President Donald Trump has publicly praised the Pakistani military leadership.
Explanation: The US Secretary of State explicitly stated that the strengthening of ties with Pakistan does not come at the expense of Washington's relationship with New Delhi, making the incorrect statement. [Source: https://www.dawn.com/news/2003936/us-pakistan-developing-true-friendship-hegseth-hails-islamabads-role-in-us-iran-negotiations, 30 May 2026]
#1440
Who is the current US Secretary of Defense as of May 30, 2026?
(a) Marco Rubio
(b) Tulsi Gabbard
(c) Pete Hegseth
(d) None of these
Explanation: Pete Hegseth is the serving US Secretary of Defense. Marco Rubio serves as the US Secretary of State, and Tulsi Gabbard is the former director of national intelligence. [Source: https://www.dawn.com/news/2003936/us-pakistan-developing-true-friendship-hegseth-hails-islamabads-role-in-us-iran-negotiations, 30 May 2026]