January 2026 Edition
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January 2026 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#17781
Which state-owned enterprise was mentioned as having been privatized in the review meeting held on 28 July 2026?
(a) National Bank of Pakistan
(b) First Women Bank Limited
(c) State Bank of Pakistan
(d) Zarai Taraqiati Bank Limited
Explanation: First Women Bank Limited was cited alongside Pakistan International Airlines as an entity that has already undergone privatization. The other banks listed remain under state control or are not part of this specific privatization update. [Source: https://www.dawn.com/news/2019009/pm-shehbaz-directs-elimination-of-unnecessary-positions-to-improve-govt-performance, 28 Jul 2026]
#17782
Following the price revision on July 28, 2026, what is the new retail price of high-speed diesel per litre?
(a) Rs335.81
(b) Rs520.35
(c) Rs458.41
(d) Rs388.38
Explanation: The retail price of high-speed diesel was set at Rs388.38 per litre following the July 2026 adjustment. Rs335.81 is the new price for petrol. [Source: https://www.dawn.com/news/2019031/govt-increases-petrol-price-by-rs163-hsd-price-by-rs155, 28 Jul 2026]
#17783
In which areas of Khyber Pakhtunkhwa were the intelligence-based operations conducted on May 21, 2026?
(a) Datta Khel, Spinwam, and Bannu
(b) Tank, Dera Ismail Khan, and Wana
(c) Mir Ali, Razmak, and Khyber
(d) None of these
Explanation: The ISPR confirmed that the operations conducted over the 48-hour period leading to May 21, 2026, were focused in the areas of Datta Khel, Spinwam, and Bannu. Other locations like Tank and Dera Ismail Khan have been sites of separate operations but were not the primary focus of this specific report. [Source: https://www.dawn.com/news/2002065/security-forces-kill-23-terrorists-in-multiple-khyber-pakhtunkhwa-ibos-ispr, 21 May 2026]
#17784
Which of the following organizations has been closed as part of the federal government's right-sizing initiative as of 2026?
(a) Pakistan Public Works Department
(b) National Highway Authority
(c) Civil Aviation Authority
(d) None of these
Explanation: The Pakistan Public Works Department was explicitly identified as one of the institutions closed under the current right-sizing initiative to improve government efficiency. The other options are active state entities not included in this specific closure list. [Source: https://www.dawn.com/news/2019009/pm-shehbaz-directs-elimination-of-unnecessary-positions-to-improve-govt-performance, 28 Jul 2026]
#17785
Which of the following statements regarding the petroleum pricing notification of June 12, 2026, is INCORRECT?
(a) The price of kerosene was reduced by Rs10 per litre.
(b) The price of high-speed diesel was reduced by Rs2 per litre.
(c) The new prices became effective from June 13, 2026.
(d) The price of petrol was reduced by Rs4 per litre.
Explanation: The notification specifically announced reductions for petrol and high-speed diesel; it did not announce a Rs10 reduction for kerosene. The other three statements accurately reflect the details provided in the official notification. [Source: https://www.dawn.com/news/2007376/govt-slashes-petrol-price-by-rs4-diesel-by-rs2, 12 Jun 2026]
#17786
Consider the following statements about the incident involving the Gwadar fisherman: 1. The incident took place on March 7, 2026. 2. The projectile was identified by officials as being of Israeli origin. 3. The victim's body was transported back to his native town via sea. 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 incorrect because the incident occurred on Saturday, March 7, 2026, but the report was published on March 9, 2026. Statements 2 and 3 are factually correct as per the official confirmation provided by the Gwadar Deputy Commissioner. [Source: https://www.brecorder.com/news/40410710/iran-waters-gwadar-fisherman-killed-by-debris-from-israeli-projectile, 09 Mar 2026]
#17787
Consider the following statements about the political situation in Gilgit-Baltistan on May 29, 2026: 1. PTI leaders were expelled for failing to produce a valid travel permit. 2. The PTI leadership alleged that PML-N candidates were receiving preferential treatment and government protocol. 3. The KP Chief Minister threatened to personally visit the region to address the treatment of parliamentarians. 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 reports: the administration cited the lack of a permit, the PTI alleged unequal treatment compared to the PML-N, and the KP Chief Minister issued a public warning regarding the treatment of the parliamentarians. [Source: https://www.dawn.com/news/2003687/pti-leaders-expelled-from-gb-during-electioneering-authorities-allege-code-of-conduct-violation, 29 May 2026]
#17788
On July 27, 2026, the State Bank of Pakistan maintained the policy rate at which of the following levels?
(a) 10.5 percent
(b) 12.5 percent
(c) 11.5 percent
(d) 13.5 percent
Explanation: The State Bank of Pakistan maintained the policy rate at 11.5 percent during the announcement on July 27, 2026. Analysts viewed this as a cautious stance given the prevailing regional geopolitical tensions. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#17789
Consider the following statements about the events in Islamabad in March 2026: 1. The district administration had issued a formal No-Objection Certificate (NoC) for the Aurat March rally. 2. Relatives of the detained activists were also taken into custody when they arrived at the police station. 3. The activists claimed that the right to protest is a fundamental right that supersedes the imposition of Section 144. 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 incorrect because the district administration did not issue an NoC, which was one of the reasons cited for the arrests. Statements 2 and 3 are accurate reflections of the claims made by the activists and the HRCP. [Source: https://www.dawn.com/news/1980248/islamabad-police-release-aurat-march-activists-a-day-after-detention-probe-demanded-into-manhandling-of-detainees, 09 Mar 2026]
#17790
Consider the following statements about the PSX performance on July 27, 2026: 1. The KSE-100 index gained more than 7,000 points during the session. 2. The market rally was partially attributed to the resumption of shipping through the Strait of Hormuz. 3. The index reached an intra-day peak of over 178,500 points. 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 market data from July 27, 2026. The index gained 7,241.13 points, investor sentiment improved due to hopes for shipping resumption, and the intra-day peak was 178,588.33 points. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#17791
Consider the following statements about the austerity measures announced in March 2026: 1. The federal cabinet members will forgo their salaries for two months. 2. Parliamentarians will face a 25 percent cut in their salaries for two months. 3. All higher educational institutions are required to host seminars on government premises instead of hotels. 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 salary-related austerity measures for the cabinet and parliamentarians. Statement 3 is incorrect because the requirement to host seminars on government premises applies to government departments, not specifically to higher educational institutions. [Source: https://www.dawn.com/news/1980219/higher-education-goes-online-schools-shut-for-2-weeks-4-day-work-week-announced-as-austerity-measures, 09 Mar 2026]
#17792
According to the SBP statement released on March 9, 2026, what was the inflation rate recorded in February 2026?
(a) 5.8 percent
(b) 7.0 percent
(c) 8.2 percent
(d) None of these
Explanation: The SBP reported that inflation rose to 5.8 percent in January and 7 percent in February 2026. Option D is incorrect because 7 percent is explicitly mentioned as the February figure. [Source: https://www.dawn.com/news/1980133/sbp-maintains-policy-rate-at-105pc, 09 Mar 2026]
#17793
Consider the following statements about the PMD monsoon forecast for 2026: 1. A westerly wave is expected to strengthen from August 1, affecting upper and central parts of the country. 2. Rainfall in Sindh is expected to occur primarily between July 31 and August 2. 3. The PMD advisory warns of landslides in the coastal districts of Sindh. 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 and 2 are factually correct based on the PMD advisory. Statement 3 is incorrect because the PMD warns of landslides in mountainous regions like KP, GB, and AJK, not in the coastal districts of Sindh. [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]
#17794
By what percentage did Pakistan's trade deficit with the Middle East narrow in fiscal year 2026?
(a) 4.48 percent
(b) 7.37 percent
(c) 2.00 percent
(d) 4.00 percent
Explanation: The trade deficit with the Middle East narrowed by 4.48 percent to $13.32 billion in FY26. The 7.37 percent figure refers to the widening of the deficit observed in the previous fiscal year. [Source: https://www.dawn.com/news/2018925/pakistans-exports-to-middle-east-dip-in-fy26, 28 Jul 2026]
#17795
Consider the following statements about the fuel price situation in 2026: 1. The government reduced petrol prices for two consecutive weeks in May 2026. 2. The global fuel crunch was exacerbated by the conflict involving Iran. 3. The Petroleum Minister announced an increase in fuel prices on April 2, 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: All three statements are factually accurate based on the provided information regarding the 2026 fuel price trends and the geopolitical context of the energy crisis. [Source: https://www.dawn.com/news/2002321/govt-reduces-petrol-by-rs6-per-litre-high-speed-diesel-by-rs68, 22 May 2026]
#17796
On March 25, 2026, Prime Minister Shehbaz Sharif held a telephonic conversation with which Saudi leader to discuss regional de-escalation?
(a) King Salman bin Abdulaziz
(b) Crown Prince Mohammed bin Salman
(c) Prince Faisal bin Farhan
(d) None of these
Explanation: The Prime Minister's Office confirmed that the conversation took place with Crown Prince Mohammed bin Salman to discuss the ongoing regional crisis. While King Salman is the Custodian of the Two Holy Mosques, the direct diplomatic coordination regarding the current hostilities was conducted with the Crown Prince. [Source: https://www.dawn.com/news/1985161/pm-shehbaz-hails-saudi-arabias-restraint-stresses-urgent-need-for-de-escalation-of-ongoing-iran-war, 25 Mar 2026]
#17797
On March 13, 2026, which technology was primarily utilized by Pakistani security forces to neutralize the two drones near Rawalpindi?
(a) Surface-to-air missiles
(b) Electronic countermeasures
(c) Anti-aircraft artillery
(d) None of these
Explanation: The Ministry of Information confirmed that the drones were brought down using electronic countermeasures. This technology is specifically designed to disrupt the control signals of unmanned aerial vehicles without requiring kinetic interception. [Source: https://www.dawn.com/news/1981736/2-rudimentary-drones-intercepted-brought-down-at-different-locations-adjacent-to-pindi-security-sources, 13 Mar 2026]
#17798
Which of the following Iranian officials did Field Marshal Asim Munir NOT meet during his visit to Tehran in May 2026?
(a) Masoud Pezeshkian
(b) Ali Khamenei
(c) Mohammad Bagher Ghalibaf
(d) Abbas Araghchi
Explanation: Field Marshal Asim Munir met with President Masoud Pezeshkian, Speaker Mohammad Bagher Ghalibaf, and Foreign Minister Abbas Araghchi. There is no mention of a meeting with the Supreme Leader, Ali Khamenei, in the official reports. [Source: https://www.dawn.com/news/2002541/encouraging-progress-made-during-cdf-munirs-tehran-visit-ispr, 23 May 2026]
#17799
Which organization was declared a proscribed entity by the AJK government in June 2026?
(a) Joint Awami Action Committee
(b) Kashmir Liberation Front
(c) All Parties Hurriyat Conference
(d) None of these
Explanation: The AJK government proscribed the Joint Awami Action Committee (JAAC) due to its involvement in activities deemed prejudicial to the peace and security of the state. The other options are not the organization mentioned in the context of the 2026 crackdown. [Source: https://www.dawn.com/news/2006132/pakistan-rejects-unwarranted-remarks-on-ajk-by-individuals-in-uk, 08 Jun 2026]
#17800
What is the proposed allocation for the Benazir Income Support Programme (BISP) in the 2026-27 budget?
(a) Rs71 billion
(b) Rs8,045 billion
(c) Rs15,264 billion
(d) Rs838 billion
Explanation: The BISP budget was increased by 17 percent to reach Rs838 billion, aiming to expand coverage to 12 million families. Rs71 billion is the allocation for the Apna Ghar housing scheme. [Source: https://www.dawn.com/news/2007283/govt-unveils-rs188tr-budget-for-fy2026-27-gdp-growth-targeted-at-4pc, 12 Jun 2026]