July 2026 Edition
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July 2026 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#2581
Which JUI-F Senator raised the issue of the security situation in Khyber Pakhtunkhwa during the Senate session on May 12, 2026?
(a) Attaur Rehman
(b) Rana Sanaullah
(c) Tariq Fazal Chaudhry
(d) None of these
Explanation: Senator Attaur Rehman specifically questioned the government regarding the security crisis in KP, citing attacks in Lakki Marwat and Bannu. Rana Sanaullah and Tariq Fazal Chaudhry were government ministers responding to his concerns. [Source: https://www.dawn.com/news/1999725/treasury-opposition-clash-in-senate-as-jui-f-senator-questions-terrorism-in-kp, 12 May 2026]
#2582
Consider the following statements about the energy policy changes announced on July 17, 2026: 1. The government intends to maintain strategic petroleum reserves to enhance energy security. 2. The new pricing mechanism requires ministerial approval for every daily adjustment. 3. The government is consulting with international experts to assess the feasibility of energy storage initiatives. 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 2 is incorrect because the minister explicitly stated that prices would be adjusted without requiring approval from him or other ministers, as part of the deregulation effort. Statements 1 and 3 are correct as they reflect the government's stated intent to study and build strategic reserves with international consultants. [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]
#2583
In the context of the July 2026 wildfire dispute, the United States accused Canada of which of the following?
(a) Environmental sabotage
(b) Trade protectionism
(c) Wilful negligence
(d) Diplomatic isolation
Explanation: President Trump specifically characterized the Canadian handling of the wildfires as 'wilful negligence' during his public statements on July 21, 2026. This term was used to justify the demand for financial damages. [Source: https://www.dawn.com/news/2017162/trump-seeks-damages-from-canada-over-wildfires, 21 Jul 2026]
#2584
Who is the current Interior Minister of Iran who visited Islamabad on July 21, 2026?
(a) Eskandar Momeni
(b) Masoud Pezeshkian
(c) Sayyid Mojtaba Hosseini Khamenei
(d) None of these
Explanation: Eskandar Momeni is the Iranian Interior Minister who led the delegation to Pakistan. Masoud Pezeshkian is the President of Iran, and Sayyid Mojtaba Hosseini Khamenei is the Supreme Leader, making them incorrect choices. [Source: https://www.dawn.com/news/2017273/iranian-interior-minister-meets-pm-shehbaz-cdf-munir-in-islamabad, 21 Jul 2026]
#2585
Who officially commended the security forces for the successful operation in Wana on July 18, 2026?
(a) The Prime Minister
(b) The Chief of Army Staff
(c) The Governor of Khyber Pakhtunkhwa
(d) The Interior Minister
Explanation: Interior Minister Mohsin Naqvi issued a statement paying tribute to the security forces for their professional skill in foiling the terrorist plot. While other officials may oversee security, the report specifically identifies the Interior Minister as the one who provided this public commendation. [Source: https://www.dawn.com/news/2016455/terrorist-killed-as-security-forces-destroy-explosive-laden-vehicle-intended-for-suicide-attack-in-wana-state-media, 18 Jul 2026]
#2586
Who is the current Petroleum Minister of Pakistan as of July 2026?
(a) Musadik Malik
(b) Ali Pervaiz Malik
(c) Ishaq Dar
(d) None of these
Explanation: Ali Pervaiz Malik is the Petroleum Minister who announced the shift to daily fuel price adjustments. Musadik Malik is a common distractor as he has previously held energy-related portfolios. [Source: https://www.dawn.com/news/2016504/daily-fuel-price-adjustments-to-curb-market-abuse-ensure-fair-prices-petroleum-minister, 18 Jul 2026]
#2587
Which regulatory body has been tasked with determining fuel prices on a daily basis as of July 17, 2026?
(a) National Electric Power Regulatory Authority
(b) Oil and Gas Regulatory Authority
(c) Securities and Exchange Commission of Pakistan
(d) None of these
Explanation: The Petroleum Minister announced that the Oil and Gas Regulatory Authority (OGRA) is now responsible for daily fuel price adjustments based on international market trends. Other regulatory bodies like NEPRA deal with electricity, not petroleum pricing. [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]
#2588
Consider the following statements regarding the recent petroleum sector developments: 1. The PPDA strike was originally scheduled to commence on March 26, 2026. 2. The government increased petrol and diesel prices by Rs55 per litre in March 2026. 3. The prime minister has fully implemented the ECC's recommendation to increase dealer margins. 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 timeline of the strike and the price hike. Statement 3 is incorrect because the prime minister suspended the implementation of the margin increase. [Source: https://www.dawn.com/news/1985299/petroleum-dealers-postpone-strike-in-light-of-middle-east-conflict, 25 Mar 2026]
#2589
Which of the following is NOT a stated objective of the government's new energy policy announced on July 17, 2026?
(a) Increasing transparency in fuel pricing
(b) Immediate elimination of all petroleum levies
(c) Deregulation of the energy sector
(d) Establishing strategic petroleum reserves
Explanation: The government has not announced the elimination of petroleum levies; rather, it noted that these levies remain low. The other options are explicitly mentioned as goals or ongoing initiatives of the current administration. [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]
#2590
According to the Pakistan Institute for Conflict and Security Studies (PICSS), what trend was observed in the tribal districts of Khyber Pakhtunkhwa during June 2026?
(a) A 23 percent decrease in terrorism
(b) A 23 percent increase in terrorism
(c) A 16 percent increase in terrorism
(d) A 16 percent decrease in terrorism
Explanation: PICSS data indicated a 23 percent decrease in terrorist attacks in the tribal districts (formerly FATA) during June. The 16 percent figure refers to the increase in attacks in the rest of the province, not the tribal districts. [Source: https://www.dawn.com/news/2016455/terrorist-killed-as-security-forces-destroy-explosive-laden-vehicle-intended-for-suicide-attack-in-wana-state-media, 18 Jul 2026]
#2591
Consider the following statements about the fuel price adjustments in April 2026: 1. The government reduced the petroleum levy by Rs80 per litre in early April 2026. 2. The price of petrol was set at Rs366.58 per litre in the week preceding April 17, 2026. 3. The government announced an unprecedented 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 government's policy announcements in April 2026. The government implemented a levy reduction, maintained a specific petrol price, and executed a significant price hike earlier in the month. [Source: https://www.dawn.com/news/1992656/govt-slashes-diesel-price-by-rs32, 17 Apr 2026]
#2592
Which of the following institutions is NOT among those the Finance Minister is scheduled to meet during his July 2026 visit?
(a) US Export-Import Bank
(b) International Development Finance Corporation
(c) International Monetary Fund
(d) World Trade Organization
Explanation: The Finance Minister's schedule includes meetings with the USTR, Exim Bank, DFC, and the IMF. The World Trade Organization is not listed as a meeting partner for this specific bilateral visit to Washington. [Source: https://www.dawn.com/news/2016679/finance-minister-aurangzeb-arrives-in-us-on-3-day-visit-expected-to-hold-talks-on-trade-finance-investment, 19 Jul 2026]
#2593
What was the total monetary value of the fine imposed by the EU on AliExpress on July 21, 2026?
(a) $630 million
(b) $200 million
(c) $120 million
(d) $550 million
Explanation: The EU imposed a fine of 550 million euros, which is equivalent to $630 million. The other figures represent fines previously issued to other companies like Temu and X. [Source: https://www.dawn.com/news/2017112/eu-imposes-630m-fine-on-aliexpress-over-illegal-products, 21 Jul 2026]
#2594
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]
#2595
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]
#2596
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]
#2597
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]
#2598
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]
#2599
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]
#2600
What specific type of threat did security forces neutralize in Wana on July 18, 2026?
(a) A coordinated drone strike
(b) An explosive-laden vehicle and motorcycle
(c) A hostage situation at a government office
(d) A cyber-attack on local infrastructure
Explanation: Security forces destroyed a vehicle and a motorcycle loaded with explosives that were intended for a suicide attack. The other options describe different types of security threats not present in this specific incident. [Source: https://www.dawn.com/news/2016455/terrorist-killed-as-security-forces-destroy-explosive-laden-vehicle-intended-for-suicide-attack-in-wana-state-media, 18 Jul 2026]