July 2026 Edition

July 2026 Current Affairs MCQs & Solutions

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

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#20261

The total savings identified for the quarterly tariff adjustment (QTA) refund in 2026 amount to approximately:

(a) Rs42 billion
(b) Rs54 billion
(c) Rs74 billion
(d) Rs64 billion
Explanation: The total savings accrued for the first quarter of 2026, which are being passed on to consumers, amount to approximately Rs64 billion. This figure is derived from savings in capacity charges, market operator fees, and other operational adjustments. [Source: https://www.dawn.com/news/1998087/power-consumers-to-get-rs175-per-unit-relief-over-next-3-months, 06 May 2026]
#20262

Which of the following statements regarding the 2026 electricity tariff adjustment is INCORRECT?

(a) The relief applies to all 11 Discos and K-Electric.
(b) The negative QTA is permanent and will not be subject to future fuel cost adjustments.
(c) The relief is based on savings from the first quarter of 2026.
(d) The relief period covers June, July, and August 2026.
Explanation: The negative QTA is a temporary adjustment for three months and does not preclude future monthly fuel cost adjustments (FCAs). FCAs remain an automatic mechanism to pass on fuel price variations to consumers. [Source: https://www.dawn.com/news/1998087/power-consumers-to-get-rs175-per-unit-relief-over-next-3-months, 06 May 2026]
#20263

Which distribution company reported the highest savings leading to the QTA refund in 2026?

(a) Lahore Electric Supply Company
(b) Islamabad Electric Supply Company
(c) Faisalabad Electric Supply Company
(d) None of these
Explanation: Faisalabad Electric Supply Company (FESCO) leads the savings list with Rs10.45 billion, followed by Hyderabad Electric Supply Company. None of these is incorrect because FESCO is explicitly identified as the leader. [Source: https://www.dawn.com/news/1998087/power-consumers-to-get-rs175-per-unit-relief-over-next-3-months, 06 May 2026]
#20264

Which of the following statements regarding the security incident on May 4, 2026, is INCORRECT?

(a) The attack targeted a security forces' post near Azam Warsak Bazaar.
(b) The explosives-laden vehicle reached the intended target before detonating.
(c) One civilian was martyred as a result of the explosion.
(d) The explosion caused damage to a nearby religious seminary and residential houses.
Explanation: The statement that the vehicle reached its target is incorrect because security forces successfully destroyed the vehicle before it could reach the post. The other statements accurately describe the events of the day. [Source: https://www.dawn.com/news/1997513/suicide-attack-foiled-on-army-check-post-in-south-waziristan-civilian-martyred-15-injured, 04 May 2026]
#20265

Consider the following statements about the 2026 electricity tariff adjustments: 1. The negative QTA is intended to replace a previous positive QTA of 42 paisa per unit. 2. The savings are primarily driven by lower capacity charges paid to power producers. 3. The relief is applicable to all consumers, including those under the special incremental consumption package. 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 correct as the negative QTA replaces the 42 paisa positive QTA and is driven by capacity charge savings. Statement 3 is incorrect because the QTA does not apply to eligible consumers under the special tariff package for incremental consumption. [Source: https://www.dawn.com/news/1998087/power-consumers-to-get-rs175-per-unit-relief-over-next-3-months, 06 May 2026]
#20266

Who presided over the 275th Corps Commanders' Conference held on May 5, 2026?

(a) General Asim Munir
(b) General Qamar Javed Bajwa
(c) General Sahir Shamshad Mirza
(d) General Nadeem Anjum
Explanation: Chief of Army Staff Field Marshal Asim Munir presided over the 275th Corps Commanders' Conference at the General Headquarters. The other options represent former or different high-ranking military officials. [Source: https://www.dawn.com/news/1997771/regional-peace-stability-linked-to-collective-restraint-respect-for-sovereignty-armys-top-brass, 05 May 2026]
#20267

The Virtual Assets Act 2026 mandates that the licensing and supervision of virtual asset activities in Pakistan are the responsibility of which body?

(a) Securities and Exchange Commission of Pakistan
(b) Federal Board of Revenue
(c) State Bank of Pakistan
(d) Pakistan Virtual Assets Regulatory Authority
Explanation: The Virtual Assets Act 2026 explicitly designates the PVARA as the statutory authority for the regulation and oversight of virtual assets. While the State Bank of Pakistan is involved in policy changes, the specific regulatory mandate belongs to the PVARA. [Source: https://www.dawn.com/news/1996695/pm-shehbaz-says-regulatory-system-for-virtual-assets-should-be-operationalised-at-the-earliest, 01 May 2026]
#20268

Consider the following statements about the regulatory developments for virtual assets in Pakistan: 1. The Virtual Assets Act 2026 provides the legal basis for the PVARA to act as a statutory regulator. 2. The PVARA has introduced a regulatory sandbox to facilitate innovation in virtual asset services. 3. All pilot projects involving virtual assets are exempt from prior authorization requirements. 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 legal framework and the operational tools (regulatory sandbox) mentioned in the policy. Statement 3 is incorrect because the authority explicitly stated that any pilot involving virtual assets requires prior authorization. [Source: https://www.dawn.com/news/1996695/pm-shehbaz-says-regulatory-system-for-virtual-assets-should-be-operationalised-at-the-earliest, 01 May 2026]
#20269

Where were the injured civilians transported for medical treatment following the explosion on May 4, 2026?

(a) District Headquarters Hospital, Wana
(b) Combined Military Hospital, Bannu
(c) Lady Reading Hospital, Peshawar
(d) None of these
Explanation: The injured were transported to the District Headquarters Hospital in Wana, where a state of emergency was declared. The other options are major medical facilities in the region but were not the primary site for this specific incident's casualties. [Source: https://www.dawn.com/news/1997513/suicide-attack-foiled-on-army-check-post-in-south-waziristan-civilian-martyred-15-injured, 04 May 2026]
#20270

The current US-Iran conflict, which led to the closure of the Strait of Hormuz, officially commenced on which date in 2026?

(a) January 28, 2026
(b) March 28, 2026
(c) February 28, 2026
(d) April 28, 2026
Explanation: The war involving US and Israeli forces against Iran began on February 28, 2026. This date marks the start of the hostilities that necessitated the current maritime security measures. [Source: https://www.dawn.com/news/1997773/us-threatens-devastating-response-to-any-iran-attack-on-shipping, 05 May 2026]
#20271

Which of the following statements regarding the US military posture in the Strait of Hormuz as of May 5, 2026, is INCORRECT?

(a) The US is actively escorting every individual commercial ship through the Strait.
(b) The US has established a defensive umbrella referred to as a 'red, white and blue dome'.
(c) US destroyers are on station providing overwatch for commercial shipping.
(d) The US is utilizing electronic warfare capabilities to respond to potential threats.
Explanation: Admiral Brad Cooper clarified that the United States is not directly escorting ships, but rather has cleared a safe path and implemented multi-layered defenses. Therefore, the claim that they are escorting every ship is incorrect. [Source: https://www.dawn.com/news/1997773/us-threatens-devastating-response-to-any-iran-attack-on-shipping, 05 May 2026]
#20272

What is the name of the US-led operation initiated to facilitate commercial shipping transit through the Strait of Hormuz as of May 5, 2026?

(a) Operation Prosperity Guardian
(b) Project Freedom
(c) Operation Sentinel
(d) None of these
Explanation: Project Freedom is the specific initiative launched by the United States to secure the Strait of Hormuz. Other options like Operation Prosperity Guardian are historical or unrelated maritime security operations. [Source: https://www.dawn.com/news/1997773/us-threatens-devastating-response-to-any-iran-attack-on-shipping, 05 May 2026]
#20273

Consider the following statements about the situation in the Strait of Hormuz as of May 5, 2026: 1. The US-Iran ceasefire has been officially terminated by the Pentagon. 2. Iran closed the Strait of Hormuz in response to the US-Israeli war. 3. US forces have intercepted missiles and drones fired by Iran during the current conflict. 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 false because the Pentagon chief explicitly stated that the ceasefire still holds. Statements 2 and 3 are factually accurate based on the reported events. [Source: https://www.dawn.com/news/1997773/us-threatens-devastating-response-to-any-iran-attack-on-shipping, 05 May 2026]
#20274

Which of the following infrastructure elements was specifically mentioned by the PMD as being vulnerable to damage from dust storms during the May 2026 heatwave?

(a) Underground fiber optic cables
(b) Solar panels
(c) Water filtration plants
(d) Railway tracks
Explanation: The PMD warned that wind or dust storms could damage loose structures, specifically citing electric poles, trees, vehicles, and solar panels. Solar panels are particularly vulnerable to high-velocity winds and debris associated with such weather events. [Source: https://www.dawn.com/news/1996972/cm-murad-urges-public-to-take-precautionary-measures-amid-heatwave-alert-for-sindhs-central-upper-regions, 02 May 2026]
#20275

What specific directive did the Chief Minister of Sindh issue to district administrations in response to the May 2026 heatwave alert?

(a) To impose a curfew in urban centers
(b) To suspend all public transport services
(c) To establish heatwave relief camps
(d) None of these
Explanation: Chief Minister Murad Ali Shah explicitly instructed district administrations in the affected areas to establish heatwave relief camps to provide support to the public. This measure is a standard institutional response to mitigate the impact of extreme weather events. [Source: https://www.dawn.com/news/1996972/cm-murad-urges-public-to-take-precautionary-measures-amid-heatwave-alert-for-sindhs-central-upper-regions, 02 May 2026]
#20276

Which of the following statements regarding the border security situation as of April 30, 2026, is INCORRECT?

(a) Pakistan has accused the Afghan Taliban regime of failing to ensure effective border management.
(b) The ISPR reported that the terrorists involved were foreign-sponsored.
(c) Security forces are conducting sanitization operations to eliminate remaining threats in the area.
(d) The infiltration attempts occurred exclusively within the Balochistan province.
Explanation: The infiltration attempts occurred in Khyber Pakhtunkhwa, not Balochistan. The other statements accurately reflect the official position and actions reported by the ISPR. [Source: https://www.dawn.com/news/1996454/13-terrorists-killed-as-bids-to-infiltrate-pak-afghan-border-in-kp-foiled-ispr, 30 Apr 2026]
#20277

According to the Pentagon, approximately how many commercial vessels were reported as trapped in the Arabian Gulf as of May 5, 2026?

(a) Over 550
(b) Over 1,550
(c) Over 1,050
(d) Over 2,050
Explanation: General Dan Caine stated that there were more than 1,550 commercial vessels trapped in the region. This figure highlights the significant economic impact of the Strait's closure. [Source: https://www.dawn.com/news/1997773/us-threatens-devastating-response-to-any-iran-attack-on-shipping, 05 May 2026]
#20278

Who among the following was present alongside the DG ISPR during the press conference on May 7, 2026?

(a) Chairman Joint Chiefs of Staff Committee
(b) Chief of Army Staff
(c) Minister of Defence
(d) Deputy Chief of Naval Staff (Operations), Rear Admiral Shifaat Ali
Explanation: Rear Admiral Shifaat Ali, the Deputy Chief of Naval Staff (Operations), and Air Vice Marshal Tariq Ghazi were the officials present at the press conference. The other options are high-ranking officials who were not mentioned as attendees at this specific event. [Source: https://www.dawn.com/news/1998318/we-are-prepared-dg-ispr-highlights-indigenous-military-capabilities-on-marka-i-haq-anniversary, 07 May 2026]
#20279

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]
#20280

Which of the following statements regarding the rescue operation on May 4, 2026, is INCORRECT?

(a) The rescue operation was conducted in the Bay of Bengal.
(b) The crew included an Indonesian national.
(c) The Pakistan Navy deployed the PMSS Kashmir for the operation.
(d) The vessel was en route from Oman to India.
Explanation: The rescue operation took place in the Arabian Sea, not the Bay of Bengal. The other three statements are factually accurate regarding the event. [Source: https://www.dawn.com/news/1997526/six-indian-nationals-among-sailors-rescued-by-navy-maritime-security-agency-in-arabian-sea-security-sources, 04 May 2026]