January 2026 Edition
Start January Quiz
January 2026 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#17621
In which administrative division of Azad Jammu and Kashmir was the first phase of the Legislative Assembly elections held on July 27, 2026?
(a) Muzaffarabad Division
(b) Mirpur Division
(c) Poonch Division
(d) None of these
Explanation: The first phase of the AJK Legislative Assembly elections took place specifically in the Mirpur division. Muzaffarabad and Poonch are other administrative divisions of AJK but were not the focus of this specific electoral phase. [Source: https://www.brecorder.com/news/40431988/polling-underway-in-first-phrase-of-ajk-elections-across-mirpur-division, 27 Jul 2026]
#17622
Which of the following statements regarding the meeting on July 27, 2026, is INCORRECT?
(a) The meeting was held at the General Headquarters in Rawalpindi.
(b) The delegation included representatives from the US House of Representatives.
(c) Field Marshal Asim Munir highlighted the importance of structural reforms.
(d) The discussions excluded any mention of bilateral economic cooperation.
Explanation: The statement that discussions excluded economic cooperation is incorrect, as economic engagement and trade partnerships were primary agenda items during the meeting. The other three options accurately reflect the events of the day. [Source: https://www.brecorder.com/news/40432023/us-lawmakers-meet-field-marshal-munir-discuss-security-economic-cooperation, 27 Jul 2026]
#17623
Which river's rising water levels were identified as the primary cause of the flooding in Muridke on July 27, 2026?
(a) River Chenab
(b) River Ravi
(c) River Jhelum
(d) River Sutlej
Explanation: The flooding in Muridke was directly attributed to the rise in water levels of the River Ravi. The other rivers listed are major tributaries in Punjab but were not cited as the cause of this specific event. [Source: https://www.brecorder.com/news/40432025/flooding-forces-residents-to-flee-homes-by-boat-in-pakistan, 27 Jul 2026]
#17624
What was the value of the GIFT Nifty futures as of 7:59 a.m. IST on July 27, 2026?
(a) 23,767.45
(b) 24,500.75
(c) 24,150.25
(d) 23,974.50
Explanation: The GIFT Nifty futures were recorded at 23,974.50, which indicated a positive opening for the benchmark Nifty 50 index above the previous Friday's close of 23,767.45. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]
#17625
Consider the following statements regarding the Indian market outlook as of July 27, 2026: 1. The U.S. Federal Reserve is widely expected to increase interest rates by 25 basis points this week. 2. The probability of a 25-basis-point rate hike by the Fed has risen to 36.3%. 3. Lower oil prices are expected to ease inflation concerns in India. 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: The Fed is widely expected to leave rates unchanged, making statement 1 incorrect. Statements 2 and 3 are factually accurate based on the market analysis provided. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]
#17626
According to futures markets on July 27, 2026, what is the approximate probability that the Federal Reserve will keep interest rates unchanged?
(a) 62 percent
(b) 52 percent
(c) 45 percent
(d) 75 percent
Explanation: Futures markets indicated a 62 percent probability that the Federal Reserve would maintain current interest rates. This reflects market expectations regarding the policy stance of the new chairman. [Source: https://www.brecorder.com/news/40432022/dow-sampp-500-rise-as-oil-prices-tumble, 27 Jul 2026]
#17627
Consider the following statements about the market conditions on July 27, 2026: 1. Crude oil prices experienced a decline of more than six percent. 2. The Dow Jones Industrial Average recorded a gain of 0.7 percent. 3. The Federal Reserve decision is expected to be the first under the new chairman. 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 specifies that the upcoming decision is the second, not the first, under the new chairman. [Source: https://www.brecorder.com/news/40432022/dow-sampp-500-rise-as-oil-prices-tumble, 27 Jul 2026]
#17628
What proportion of the total flood-related deaths reported in Pakistan by July 27, 2026, occurred in the province of Punjab?
(a) Approximately one-fourth
(b) Approximately one-third
(c) Approximately one-half
(d) None of these
Explanation: Official disaster management data indicated that approximately one-third of the total 109 flood-related deaths occurred in Punjab. This highlights the disproportionate impact of the monsoon on the province. [Source: https://www.brecorder.com/news/40432025/flooding-forces-residents-to-flee-homes-by-boat-in-pakistan, 27 Jul 2026]
#17629
The decline in global crude oil prices on March 11, 2026, was primarily attributed to:
(a) Diplomatic signals regarding the potential end of the conflict with Iran
(b) Increased production from OPEC nations
(c) A sudden drop in global industrial demand
(d) New sanctions imposed on major oil exporters
Explanation: Crude prices plunged following remarks by US President Donald Trump suggesting that the conflict with Iran could end soon, which eased supply disruption concerns. Other options do not reflect the specific geopolitical catalyst mentioned in the market report. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#17630
Which of the following statements regarding the KSE-100 market session on March 11, 2026, is INCORRECT?
(a) The index experienced an intraday high of 158,624.51 points.
(b) The index began the session with a sharp rebound.
(c) The index closed lower compared to the previous session.
(d) The index maintained its early gains throughout the entire trading day.
Explanation: The index did not maintain its gains; the report states that the momentum faded and the index largely erased its early gains by 1pm. Options A, B, and D are factually accurate descriptions of the session. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#17631
Which two permanent members of the UN Security Council abstained from the vote on the resolution adopted on March 11, 2026?
(a) China and Russia
(b) United States and France
(c) France and United Kingdom
(d) United Kingdom and United States
Explanation: The resolution was adopted with 13 votes in favor, while China and Russia chose to abstain. The other permanent members (US, UK, and France) voted in favor. [Source: https://www.dawn.com/news/1981123/unsc-adopts-resolution-against-irans-attacks-on-gulf-nations-tehran-decries-blatant-misuse-of-security-council, 11 Mar 2026]
#17632
Who chaired the Capital Market Development Council (CMDC) meeting held on March 11, 2026?
(a) Muhammad Aurangzeb
(b) Shamshad Akhtar
(c) Miftah Ismail
(d) None of these
Explanation: Muhammad Aurangzeb, as the Finance Minister, chaired the CMDC meeting to discuss reforms for the capital market. The other individuals listed are former finance ministers and are not the current officeholder for the 2026 event. [Source: https://www.dawn.com/news/1980943/finance-minister-stresses-more-balanced-system-where-capital-markets-complement-banking-sector, 11 Mar 2026]
#17633
According to the official statement regarding the July 27, 2026 meeting, what did Field Marshal Asim Munir identify as being closely linked to sustainable regional stability?
(a) Military expansion
(b) Economic growth and trade expansion
(c) Border fencing projects
(d) None of these
Explanation: Field Marshal Munir highlighted that sustainable regional stability is closely linked to economic growth, trade expansion, and regional connectivity. This reflects the current focus on economic diplomacy. [Source: https://www.brecorder.com/news/40432023/us-lawmakers-meet-field-marshal-munir-discuss-security-economic-cooperation, 27 Jul 2026]
#17634
Consider the following statements about the UNSC resolution adopted on March 11, 2026: 1. The resolution was adopted with 13 votes in favor. 2. Pakistan voted against the resolution due to its diplomatic ties with Tehran. 3. The resolution highlights the impact of attacks on maritime security in the Strait of Hormuz. 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 13 members voted in favor. Statement 2 is incorrect because Pakistan was a co-sponsor and voted in favor of the resolution. Statement 3 is correct as the resolution specifically highlights the adverse impact on maritime security in the Strait of Hormuz. [Source: https://www.dawn.com/news/1981123/unsc-adopts-resolution-against-irans-attacks-on-gulf-nations-tehran-decries-blatant-misuse-of-security-council, 11 Mar 2026]
#17635
Which company led the trading volume on the Pakistan Stock Exchange on March 11, 2026?
(a) K-Electric Limited
(b) Cnergyico PK Limited
(c) The Bank of Punjab
(d) None of these
Explanation: The Bank of Punjab led the trading activity with a volume of 37,706,784 shares. K-Electric and Cnergyico followed with lower trading volumes. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#17636
What is the total projected external debt servicing for Pakistan in the fiscal year 2026-27?
(a) $21.5 billion
(b) $18.0 billion
(c) $26.5 billion
(d) $44.0 billion
Explanation: The SBP Governor announced that the total external debt servicing for FY27 is projected at $21.5 billion. This is a decrease from the $26.5 billion paid in the previous fiscal year. [Source: https://www.brecorder.com/news/40432030/pakistans-fy27-external-debt-servicing-projected-at-215bn-sbp-governor, 27 Jul 2026]
#17637
Where did the meeting between General Aamer Raza and Field Marshal Asim Munir take place on July 27, 2026?
(a) Prime Minister House, Islamabad
(b) Joint Staff Headquarters, Chaklala
(c) Aiwan-i-Sadr, Islamabad
(d) General Headquarters (GHQ), Rawalpindi
Explanation: The meeting occurred at the General Headquarters (GHQ) in Rawalpindi, where the CNSC was presented with a guard of honour. [Source: https://www.dawn.com/news/2018788/newly-appointed-cnsc-aamer-raza-meets-cdf-asim-munir-in-rawalpindi-ispr, 27 Jul 2026]
#17638
Consider the following statements about the flood-related crisis in Pakistan as of July 27, 2026: 1. The flooding in Muridke was exacerbated by the overflow of the River Ravi. 2. Flood-related deaths have been attributed solely to house collapses. 3. Volunteer rescuers were involved in evacuating residents from approximately a dozen villages. 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 River Ravi overflowed. Statement 2 is incorrect because deaths were caused by both drowning and house collapses. Statement 3 is correct as volunteers were working in about a dozen villages. [Source: https://www.brecorder.com/news/40432025/flooding-forces-residents-to-flee-homes-by-boat-in-pakistan, 27 Jul 2026]
#17639
How many CNICs of deceased individuals were cancelled by Nadra in the reconciliation exercise reported on March 11, 2026?
(a) 2.1 million
(b) 3.0 million
(c) 4.2 million
(d) 5.5 million
Explanation: Nadra reported the cancellation of 4.2 million CNICs following a reconciliation with provincial civil registration records. While 3 million cards were cancelled voluntarily by families, the total figure for the reconciliation exercise is 4.2 million. [Source: https://www.dawn.com/news/1980970/nadra-cancels-42-million-cnics-of-deceased-individuals, 11 Mar 2026]
#17640
What was the primary geopolitical driver for the decline in oil prices on July 27, 2026?
(a) Increased production from OPEC nations
(b) De-escalation of military strikes between the US and Iran
(c) Global economic recession fears
(d) Strategic petroleum reserve releases
Explanation: The tumble in oil prices was directly attributed to the pause in military strikes between the United States and Iran. Other factors like OPEC production or recession fears were not cited as the immediate cause for the price drop on this date. [Source: https://www.brecorder.com/news/40432022/dow-sampp-500-rise-as-oil-prices-tumble, 27 Jul 2026]