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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#16761

According to the CME’s FedWatch tool, what is the market expectation for the US Federal Reserve's interest rate decision in the meeting following July 27, 2026?

(a) No rate change
(b) A rate cut
(c) A rate hike
(d) A gradual phase-out of rates
Explanation: Market participants priced in a 63.7% probability that the Federal Reserve would maintain flat interest rates. Stable rates are viewed as beneficial for growth-dependent commodities like copper. [Source: https://www.brecorder.com/news/40431973/copper-gains-on-mideast-de-escalation-oil-price-drop, 27 Jul 2026]
#16762

Who led the Iranian delegation that arrived in Islamabad on April 24, 2026?

(a) Esmaeil Baqaei
(b) Abbas Araghchi
(c) Hossein Amir-Abdollahian
(d) None of these
Explanation: Abbas Araghchi is the Foreign Minister of Iran who led the delegation to Islamabad. Esmaeil Baqaei is the spokesperson for the Iranian foreign ministry, not the head of the delegation. [Source: https://www.dawn.com/news/1994680/iranian-delegation-led-by-fm-araghchi-lands-in-islamabad-us-officials-to-also-arrive-in-pakistan, 24 Apr 2026]
#16763

Which of the following statements regarding the edible oil supply situation in March 2026 is INCORRECT?

(a) The PVMA claims that domestic stocks are sufficient for two months.
(b) The government has imposed a total ban on all edible oil imports.
(c) Local manufacturers currently possess ample supplies of raw materials.
(d) Ongoing import consignments are currently in transit to Pakistan.
Explanation: The statement regarding a total ban on imports is false, as the industry is actively receiving and expecting new consignments to maintain market stability. The other three statements accurately reflect the information provided by the PVMA. [Source: https://www.dawn.com/news/1980381/no-shortage-of-edible-oil-pvma, 10 Mar 2026]
#16764

Through which gate did the illegal settlers enter the Al-Aqsa Mosque compound on April 21, 2026?

(a) Jaffa Gate
(b) Mughrabi Gate
(c) Damascus Gate
(d) None of these
Explanation: The report confirms that the settlers forced their way into the site through the Mughrabi Gate under police protection. Other gates listed are historical entrances to the Old City of Jerusalem but were not the site of this specific breach. [Source: https://www.dawn.com/news/1993856/reprehensible-pakistan-condemns-storming-of-al-aqsa-mosque-compound-raising-of-israeli-flag-in-its-courtyard, 21 Apr 2026]
#16765

In May 2026, Pakistan LNG Limited rejected bids from which of the following companies?

(a) PetroChina and Vitol Bahrain
(b) BP Singapore and TotalEnergies
(c) OQ Trading and SOCAR Trading
(d) None of these
Explanation: PLL rejected the two lowest evaluated bids submitted by BP Singapore and TotalEnergies for the May 2026 delivery windows. Other companies like PetroChina and Vitol Bahrain also participated but were not the specific subjects of the rejection mentioned. [Source: https://www.dawn.com/news/1998447/pakistan-turns-down-two-lowest-evaluated-lng-bids, 07 May 2026]
#16766

In the context of the May 27, 2026 communications, what was the primary theme emphasized by the Prime Minister regarding the armed forces?

(a) Expansion of domestic defense manufacturing
(b) Modernization of naval fleet infrastructure
(c) Professional capabilities and sacrifices for national security
(d) Implementation of new administrative reforms
Explanation: The Prime Minister specifically paid tribute to the professional capabilities and the sacrifices made by the armed forces for the defense of the country. The other options, while relevant to general state policy, were not the focus of the Eid telephonic communications. [Source: https://www.dawn.com/news/2003477/pm-shehbaz-extends-eid-greetings-to-armed-forces-chiefs-pays-tribute-to-on-duty-personnel, 27 May 2026]
#16767

According to the Pakistan Meteorological Department, the fresh monsoon rainfall cycle is expected to persist until which date in 2026?

(a) August 2
(b) August 5
(c) August 8
(d) None of these
Explanation: The PMD advisory explicitly states that the fresh spell of monsoon rains is expected to affect the country from July 29 to August 5, 2026. Option A is incorrect as it represents the end date for specific Sindh-related warnings, not the national cycle. [Source: https://www.dawn.com/news/2018977/pmd-forecasts-fresh-spell-of-monsoon-rains-across-country-from-july-29-to-august-5, 28 Jul 2026]
#16768

What was the total value of Pakistan's exports to the Middle East in fiscal year 2026?

(a) $2.093 billion
(b) $3.093 billion
(c) $4.093 billion
(d) None of these
Explanation: According to State Bank of Pakistan data, exports to the Middle East reached $3.093 billion in FY26. This represents a decline of over 2 percent compared to the previous year. [Source: https://www.dawn.com/news/2018925/pakistans-exports-to-middle-east-dip-in-fy26, 28 Jul 2026]
#16769

Which US officials were reported to be traveling to Pakistan for talks in April 2026?

(a) Steve Witkoff and Jared Kushner
(b) Antony Blinken and William Burns
(c) Jake Sullivan and Brett McGurk
(d) None of these
Explanation: The White House confirmed that Special Envoy Steve Witkoff and adviser Jared Kushner were dispatched to Pakistan. The other names are prominent US officials but were not the envoys mentioned in this specific diplomatic mission. [Source: https://www.dawn.com/news/1994680/iranian-delegation-led-by-fm-araghchi-lands-in-islamabad-us-officials-to-also-arrive-in-pakistan, 24 Apr 2026]
#16770

In which international forum did the Pakistani representative address the issue of terrorism emanating from Afghan soil on March 10, 2026?

(a) UN General Assembly
(b) International Court of Justice
(c) Human Rights Council
(d) UN Security Council
Explanation: The statement was delivered during a meeting of the UN Security Council specifically focused on the situation in Afghanistan. The other bodies listed were not the venue for this specific diplomatic address. [Source: https://www.brecorder.com/news/40410948/pakistans-ct-operations-focused-on-neutralising-cross-border-threats-from-afghan-soil, 10 Mar 2026]
#16771

What was the peak price per litre reached by high-speed diesel (HSD) on April 3, 2026?

(a) Rs335.86
(b) Rs458.40
(c) Rs311.47
(d) Rs520.35
Explanation: On April 3, 2026, HSD prices reached a peak of Rs520.35 per litre. The other figures represent different historical price points for either petrol or diesel. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]
#16772

In the 2026 ruling regarding dower rights, which High Court clarified that a wife's right to dower is protected if the marriage is dissolved due to the husband's misconduct?

(a) Islamabad High Court
(b) Lahore High Court
(c) Sindh High Court
(d) Peshawar High Court
Explanation: The Lahore High Court (LHC) issued this ruling on July 20, 2026, through Justice Mohsin Akhtar Kayani. The ruling specifically addresses the protection of dower as a proprietary right in cases of marital dissolution. [Source: https://www.dawn.com/news/2017050/wifes-right-to-dower-remains-protected-if-marriage-dissolved-due-to-husbands-misconduct-lhc, 20 Jul 2026]
#16773

Following the government announcement on July 20, 2026, what is the new price of petrol per litre in Pakistan?

(a) Rs315.80
(b) Rs360.06
(c) Rs458.41
(d) Rs266.00
Explanation: The government set the price of petrol at Rs315.80 per litre following the adjustment announced on July 20, 2026. The figure Rs360.06 represents the price of high-speed diesel, while the other options are historical peak or starting prices. [Source: https://www.dawn.com/news/2017065/govt-decreases-petrol-price-by-rs035-increases-diesel-by-rs571-per-litre, 20 Jul 2026]
#16774

Consider the following statements about the fuel management strategy discussed in March 2026: 1. The government is developing a joint dashboard to monitor fuel reserves across provinces. 2. The Punjab Enforcement and Regulatory Authority has been tasked with monitoring the fuel supply situation. 3. The government has successfully secured a permanent exemption from the petroleum levy from the IMF. 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 administrative measures taken to monitor reserves and enforce regulations. Statement 3 is incorrect because the government is only planning to request relief, not that it has already secured a permanent exemption. [Source: https://www.dawn.com/news/1979807/three-petrol-shipments-expected-on-monday-petroleum-minister, 08 Mar 2026]
#16775

The government decided in principle to implement which of the following for petroleum prices effective from March 8, 2026?

(a) Monthly revisions
(b) Quarterly revisions
(c) Weekly revisions
(d) Annual revisions
Explanation: To better manage the volatility of international oil prices, the government decided to shift to weekly revisions of petroleum prices. This allows for more frequent adjustments in line with global market fluctuations. [Source: https://www.dawn.com/news/1979860/pm-shehbaz-to-announce-austerity-plan-tomorrow-amid-global-fuel-crisis, 08 Mar 2026]
#16776

Which specific operation was launched by Islamabad on February 27, 2026, following cross-border firing?

(a) Operation Zarb-e-Azb
(b) Operation Ghazab lil-Haq
(c) Operation Radd-ul-Fasaad
(d) Operation Khyber-IV
Explanation: Operation Ghazab lil-Haq was initiated by Pakistan on February 27, 2026, in response to unprovoked cross-border firing. The other operations listed are historical military campaigns. [Source: https://www.brecorder.com/news/40410948/pakistans-ct-operations-focused-on-neutralising-cross-border-threats-from-afghan-soil, 10 Mar 2026]
#16777

All of the following statements regarding the events of March 8, 2026, are TRUE EXCEPT:

(a) The marchers intended to head towards D-Chowk as their primary destination.
(b) The district administration had denied a no-objection certificate for the march.
(c) The police cited potential clashes with Lal Masjid management as a reason for the arrests.
(d) The Women's Police Station released a list of 19 women activists who were detained.
Explanation: The activists stated they had no intention of heading towards D-Chowk, making the false statement. The other options accurately reflect the details provided regarding the administrative denial and the police rationale. [Source: https://www.dawn.com/news/1979796/dozens-of-aurat-march-activists-participants-detained-by-police-in-islamabad-ahead-of-international-womens-day-rally, 08 Mar 2026]
#16778

Which input factor was specifically cited by experts as a cause for concern regarding rising production costs in the 2026 cotton season?

(a) Irrigation water tariffs
(b) DAP fertilizer prices
(c) Pesticide import duties
(d) Labor wage inflation
Explanation: The report highlights that soaring DAP fertilizer prices are a primary concern for farmers. While other factors like labor or water are general agricultural issues, DAP prices were specifically noted as a threat to yield prospects. [Source: https://www.dawn.com/news/2016601/early-cotton-arrivals-hit-record-527900-bales, 19 Jul 2026]
#16779

Which of the following is NOT a potential risk or impact identified by the PMD for the weather period of March 24-30, 2026?

(a) Widespread drought conditions
(b) Landslides in vulnerable areas
(c) Damage to solar panels
(d) Damage to electric poles
Explanation: The PMD warns of rain, thunderstorms, flash floods, and damage to infrastructure like solar panels and electric poles; drought is the opposite of the forecasted heavy rainfall. Therefore, drought is the INCORRECT impact. [Source: https://www.dawn.com/news/1984621/met-office-predicts-rain-thunderstorms-across-country-from-march-24-30, 23 Mar 2026]
#16780

Which fiscal tool did the Prime Minister utilize to reduce the petrol price to Rs378 per litre following the April 2026 price hike?

(a) General sales tax
(b) Petroleum levy
(c) Customs duty
(d) Excise duty
Explanation: The government slashed the petroleum levy by Rs80 per litre to provide immediate relief to consumers. This is a common fiscal instrument used to adjust the final ex-depot price of fuel. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]