February 2026 Edition

February 2026 Current Affairs MCQs & Solutions

Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.

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#16641

Who currently serves as the Petroleum Minister of Pakistan as of July 17, 2026?

(a) Attaullah Tarar
(b) Shehbaz Sharif
(c) Ali Pervaiz Malik
(d) Asim Munir
Explanation: Ali Pervaiz Malik is the Petroleum Minister who addressed the press conference regarding the new fuel pricing policy. Attaullah Tarar is the Information Minister, and Shehbaz Sharif is the Prime Minister. [Source: https://www.dawn.com/news/2016227/govt-to-fix-fuel-prices-daily-due-to-renewed-hostilities-in-persian-gulf-petroleum-minister, 17 Jul 2026]
#16642

Consider the following statements about the petroleum sector reform announced in July 2026: 1. The reform replaces the weekly price announcement cycle with a daily adjustment mechanism. 2. The policy was approved by the federal cabinet on the directive of the Prime Minister. 3. The Inland Freight Equalisation Margin (IFEM) is being excluded from the new pricing formula. 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 core policy shift and the administrative approval process. Statement 3 is incorrect because the Petroleum Division is actively addressing technical matters, including the IFEM, within the new framework rather than excluding it. [Source: https://www.dawn.com/news/2016504/daily-fuel-price-adjustments-to-curb-market-abuse-ensure-fair-prices-petroleum-minister, 18 Jul 2026]
#16643

Who chaired the meeting of the Tehreek Tahaffuz Ayeen-i-Pakistan (TTAP) held at the Parliament House on March 11, 2026?

(a) Imran Khan
(b) Mehmood Khan Achakzai
(c) Omar Ayub Khan
(d) None of these
Explanation: Mehmood Khan Achakzai is the Chairman of the TTAP and presided over the parliamentary meeting. Imran Khan is currently incarcerated, and Omar Ayub is a prominent opposition leader but did not chair this specific session. [Source: https://www.dawn.com/news/1981002/ttap-calls-on-govt-to-take-opposition-parliament-into-confidence-on-defence-pacts-amid-changing-regional-situation, 11 Mar 2026]
#16644

In April 2026, the government raised $500 million in the international capital market through which financial instrument?

(a) Sovereign Sukuk
(b) Treasury Bill
(c) Commercial Loan
(d) Eurobond
Explanation: The government successfully raised $500 million through a Eurobond issuance in April 2026, marking the first such issuance in four years. This is part of a broader strategy to diversify financing sources beyond traditional bilateral loans. [Source: https://www.dawn.com/news/1993003/sbp-says-govt-has-paid-2bn-to-uae, 18 Apr 2026]
#16645

Which of the following statements regarding the 2026 petroleum pricing dispute is INCORRECT?

(a) The APPPOA claimed the daily pricing mechanism favours Oil Marketing Companies.
(b) The PPDA immediately joined the APPPOA strike without further consultation.
(c) The government's new pricing mechanism is based on a seven-day rolling average of international prices.
(d) The Petroleum Division claimed that talks with the PPDA were successful.
Explanation: The PPDA did not immediately join the strike; instead, they stated that their executive committee would meet to decide on the matter after consulting with OGRA. The other three statements accurately reflect the positions and claims made by the respective parties. [Source: https://www.dawn.com/news/2017314/petrol-pump-owners-announce-nationwide-strike-after-talks-over-daily-pricing-fail, 21 Jul 2026]
#16646

According to the bomb disposal squad, what type of vehicle was utilized to carry the explosives during the attack on May 10, 2026?

(a) Loader rickshaw
(b) Armored personnel carrier
(c) Pickup truck
(d) None of these
Explanation: The bomb disposal squad confirmed that a loader rickshaw was used to transport the 1,000 to 1,500 kilograms of explosive material. The other options are incorrect as they do not match the specific vehicle identified in the investigation. [Source: https://www.dawn.com/news/1999132/15-police-personnel-martyred-in-bannu-suicide-attack, 10 May 2026]
#16647

Who presided over the high-level consultative meeting regarding the petroleum products situation on March 27, 2026?

(a) Mir Shoaib Nosherwani
(b) Ali Pervaiz Malik
(c) Shaza Fatima Khawaja
(d) Muhammad Aurangzeb
Explanation: Finance Minister Muhammad Aurangzeb chaired the meeting. While other ministers like Ali Pervaiz Malik and Shaza Fatima Khawaja were present, they did not preside over the session. [Source: https://www.dawn.com/news/1985900/centre-provinces-agree-on-rolling-out-app-based-fuel-quota-system-for-motorcycles-rickshaws, 27 Mar 2026]
#16648

To which High Court was Justice Mohsin Akhtar Kayani transferred in the notification issued on April 29, 2026?

(a) Lahore High Court
(b) Peshawar High Court
(c) Sindh High Court
(d) None of these
Explanation: The Ministry of Law and Justice notified the transfer of Justice Mohsin Akhtar Kayani to the Lahore High Court. The other options represent different High Courts to which other judges were transferred. [Source: https://www.dawn.com/news/1996098/law-ministry-notifies-transfer-of-3-ihc-judges-to-other-high-courts, 29 Apr 2026]
#16649

Select the correct chronological sequence of the following events as reported in the August 2026 digest (all dated 2026-08-01):

(a) Search and Rescue on Broad Peak; Martyrdom in North Waziristan; Google AI Tool Launch; PM Welcomes Gaza Peace Progress
(b) Martyrdom in North Waziristan; Search and Rescue on Broad Peak; PM Welcomes Gaza Peace Progress; Google AI Tool Launch
(c) Google AI Tool Launch; Search and Rescue on Broad Peak; PM Welcomes Gaza Peace Progress; Martyrdom in North Waziristan
(d) Search and Rescue on Broad Peak; Google AI Tool Launch; Martyrdom in North Waziristan; PM Welcomes Gaza Peace Progress
Explanation: While all events share the publication date of August 1, 2026, the thematic classification within the digest follows the chronological progression of field operations (Broad Peak rescue), national security incidents (North Waziristan IBO), technological updates (Google AI), and international diplomatic developments (Gaza Peace Plan). [Source: https://www.brecorder.com/news/40432862/drones-deployed-to-locate-missing-climbers-as-search-operation-enters-second-day]
#16650

What was the specific reduction in the price of high-speed diesel (HSD) announced on April 11, 2026?

(a) Rs12 per litre
(b) Rs17.33 per litre
(c) Rs25.31 per litre
(d) Rs135 per litre
Explanation: The government announced a reduction of Rs135 per litre for high-speed diesel, bringing the price down to Rs385.54. The other figures represent price cuts for petrol, kerosene, and light diesel oil respectively. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#16651

On which date in 2026 did the Islamabad Deputy Commissioner officially refute the fake notification regarding office closures?

(a) April 18, 2026
(b) April 20, 2026
(c) April 19, 2026
(d) April 21, 2026
Explanation: The official refutation by the Deputy Commissioner occurred on April 19, 2026, as reported in the news desk update. This date precedes the date mentioned in the fake notification. [Source: https://www.dawn.com/news/1993252/islamabad-dc-dismisses-notification-falsely-announcing-closure-of-all-offices-in-twin-cities-from-april-20, 19 Apr 2026]
#16652

Consider the following statements about the TTAP meeting held on March 11, 2026: 1. The meeting demanded that the government take the opposition into confidence regarding defence pacts. 2. The participants condemned the joint US-Israeli attacks on Iran. 3. The resolution explicitly supported the use of Pakistani territory for regional military operations against neighbouring states. 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 core demands and condemnations of the resolution. Statement 3 is incorrect because the resolution specifically urged Muslim countries NOT to allow the use of their territories or resources against any other country. [Source: https://www.dawn.com/news/1981002/ttap-calls-on-govt-to-take-opposition-parliament-into-confidence-on-defence-pacts-amid-changing-regional-situation, 11 Mar 2026]
#16653

Consider the following statements about Pakistan's external debt management in April 2026: 1. The UAE loan being repaid was originally extended in 2019. 2. Pakistan has requested significant changes to its $7 billion IMF lending programme due to the Middle East conflict. 3. The central bank's foreign exchange reserves were reported at $20.52 billion as of April 10, 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 UAE loan dates back to 2019. Statement 3 is correct regarding the reserve figures reported by the SBP. Statement 2 is incorrect because the Finance Minister stated that while the IMF programme is an option, the government has not yet requested changes to it. [Source: https://www.dawn.com/news/1993003/sbp-says-govt-has-paid-2bn-to-uae, 18 Apr 2026]
#16654

Consider the following statements about the recent judicial transfers in April 2026: 1. The Islamabad Bar Council expressed concerns regarding the lack of transparency and uniform criteria in the transfer process. 2. The transferred judges were among those who previously reported alleged intelligence interference in judicial affairs. 3. Refusal to accept a transfer under the current constitutional framework may lead to proceedings under Article 209. 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 events of April 2026. The IBC criticized the process, the judges had a history of reporting interference, and the law now stipulates potential Article 209 proceedings for non-compliance. [Source: https://www.dawn.com/news/1996098/law-ministry-notifies-transfer-of-3-ihc-judges-to-other-high-courts, 29 Apr 2026]
#16655

Who was identified by the US leadership as the head of the American delegation expected to travel to Pakistan on April 20, 2026?

(a) Mohammad Bagher Ghalibaf
(b) Esmaeil Baqaei
(c) JD Vance
(d) Donald Trump
Explanation: US leadership confirmed that Vice President JD Vance was expected to lead the delegation to Pakistan. The other individuals listed are Iranian officials. [Source: https://www.dawn.com/news/1993458/us-delegation-expected-in-islamabad-but-uncertainty-prevails-over-talks-amid-mixed-signals-from-iran, 20 Apr 2026]
#16656

What is the interest rate offered on the Eurobond issued by Pakistan in April 2026?

(a) 5.975 percent
(b) 8.975 percent
(c) 7.975 percent
(d) 6.975 percent
Explanation: The sovereign yield for the 2026 Eurobond issuance was set at 6.975 percent. This rate reflects the market's assessment of the risk and the government's re-entry into global capital markets. [Source: https://www.dawn.com/news/1993495/pakistan-increases-eurobond-from-500m-to-750m, 20 Apr 2026]
#16657

How long did the telephone conversation between Prime Minister Shehbaz Sharif and President Masoud Pezeshkian last on April 19, 2026?

(a) 15 minutes
(b) 45 minutes
(c) 30 minutes
(d) 60 minutes
Explanation: The official statement from the Prime Minister's Office confirmed that the conversation between the two leaders lasted for approximately 45 minutes. This duration allowed for a detailed exchange regarding the current regional security situation. [Source: https://www.dawn.com/news/1993250/in-45-minute-phone-call-with-pezeshkian-pm-shehbaz-reaffirms-pakistans-commitment-to-advancing-regional-peace, 19 Apr 2026]
#16658

Which of the following statements regarding the fuel price adjustment on April 11, 2026, is INCORRECT?

(a) The price of light diesel oil (LDO) was reduced by Rs25.31 per litre.
(b) The government decided to retain a portion of the global price fall to recoup previous subsidy expenditures.
(c) Tax rates on all fuel products were kept unchanged during this price revision.
(d) The price of kerosene was reduced by Rs17.33 per litre.
Explanation: The Prime Minister explicitly rejected the proposal to retain part of the price fall to recoup subsidy costs, making statement A incorrect. All other statements accurately reflect the details provided in the announcement. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#16659

Which maritime trade route was reported as closed by Iran on April 18, 2026, amid escalating tensions with the United States?

(a) Strait of Hormuz
(b) Suez Canal
(c) Bab-el-Mandeb Strait
(d) Panama Canal
Explanation: Iran closed the Strait of Hormuz, stating it would remain shut until the US ended its blockade of Iranian ports. The other straits are not involved in this specific diplomatic dispute. [Source: https://www.dawn.com/news/1993458/us-delegation-expected-in-islamabad-but-uncertainty-prevails-over-talks-amid-mixed-signals-from-iran, 20 Apr 2026]
#16660

Consider the following statements regarding the diplomatic situation on April 20, 2026: 1. The US leadership confirmed that a delegation was en route to Islamabad. 2. Iranian officials expressed full confidence in the US commitment to the diplomatic process. 3. Security measures in Islamabad included the sealing of the Red Zone. 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 US leadership confirmed the delegation's travel. Statement 3 is correct as security was tightened in Islamabad. Statement 2 is incorrect because Iranian officials explicitly expressed a lack of trust in Washington's seriousness. [Source: https://www.dawn.com/news/1993458/us-delegation-expected-in-islamabad-but-uncertainty-prevails-over-talks-amid-mixed-signals-from-iran, 20 Apr 2026]