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.
#2641
What was the policy interest rate maintained by the State Bank of Pakistan as of March 10, 2026?
(a) 8.5 percent
(b) 9.5 percent
(c) 10.5 percent
(d) 11.5 percent
Explanation: The State Bank of Pakistan's monetary policy committee decided to keep the interest rate at 10.5 percent in March 2026. This rate was maintained despite calls from the business community for a reduction to support industrial growth. [Source: https://www.dawn.com/news/1980387/high-interest-rate-to-hit-economy-in-war-times-warn-businesses, 10 Mar 2026]
#2642
Which of the following statements regarding Pakistan's external debt management in April 2026 is INCORRECT?
(a) Pakistan repaid a $1.3 billion Eurobond on April 8, 2026.
(b) Pakistan returned $2 billion to the United Arab Emirates.
(c) Saudi Arabia reduced its support facility for Pakistan to $2 billion.
(d) The government is utilizing the Global Medium-Term Note (GMTN) programme.
Explanation: Saudi Arabia actually increased its support facility for Pakistan to $8 billion from $5 billion, rather than reducing it. The other statements accurately reflect the debt repayment and financing activities reported in April 2026. [Source: https://www.dawn.com/news/1993495/pakistan-increases-eurobond-from-500m-to-750m, 20 Apr 2026]
#2643
Consider the following statements about the Eurobond issuance in April 2026: 1. It marked Pakistan's first return to international capital markets in four years. 2. The issuance was exclusively funded by domestic commercial banks. 3. The government intends to use the momentum to support future issuances under the GMTN programme. 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 issuance ended a four-year hiatus. Statement 2 is incorrect because the bonds were placed with global institutional investors, not domestic banks. Statement 3 is correct as the government explicitly stated the issuance builds momentum for future GMTN activity. [Source: https://www.dawn.com/news/1993495/pakistan-increases-eurobond-from-500m-to-750m, 20 Apr 2026]
#2644
Which of the following is NOT identified as a potential economic impact of the Middle East conflict on Pakistan in the March 2026 report?
(a) Increased energy costs
(b) Immediate collapse of the banking sector
(c) Strain on remittance inflows
(d) Pressure on the exchange rate
Explanation: The report warns of inflation, import costs, and remittance strain, but it does not predict an immediate collapse of the banking sector. The other options are explicitly mentioned as risks to the external sector. [Source: https://www.dawn.com/news/1979649/external-sector-faces-instability-amid-middle-east-crisis, 08 Mar 2026]
#2645
Consider the following statements regarding the economic outlook for Pakistan in 2026: 1. The Strait of Hormuz is a critical chokepoint through which approximately 20 percent of global oil passes. 2. The Planning Commission report suggests that Pakistan's development trajectory for FY26 remains positive despite external risks. 3. The government has advised citizens to increase fuel consumption to stimulate domestic industrial growth.
(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 Planning Minister specifically urged citizens to adopt responsible consumption practices and avoid unnecessary travel, rather than increasing fuel consumption. [Source: https://www.dawn.com/news/1979649/external-sector-faces-instability-amid-middle-east-crisis, 08 Mar 2026]
#2646
According to the Planning Commission's March 2026 report, what percentage of Pakistan's total imports are accounted for by petroleum products?
(a) Nearly 10 percent
(b) Nearly 25 percent
(c) Nearly 40 percent
(d) None of these
Explanation: The report specifies that petroleum products constitute nearly one-quarter, or 25 percent, of Pakistan's total import bill. This high dependency makes the country particularly susceptible to global oil price volatility. [Source: https://www.dawn.com/news/1979649/external-sector-faces-instability-amid-middle-east-crisis, 08 Mar 2026]
#2647
Which of the following statements regarding the Senate session on May 12, 2026, is INCORRECT?
(a) The government rejected the impression that any specific province was being targeted by terrorists.
(b) The opposition and treasury reached a consensus on the immediate withdrawal of all security forces from KP.
(c) The Parliamentary Affairs Minister claimed that intelligence-based operations are currently underway.
(d) The government emphasized that there would be no compromise on the resolve to eliminate terrorism.
Explanation: There was no consensus on withdrawing security forces; rather, the government defended its ongoing intelligence-based operations. The other three statements accurately reflect the government's stance during the debate. [Source: https://www.dawn.com/news/1999725/treasury-opposition-clash-in-senate-as-jui-f-senator-questions-terrorism-in-kp, 12 May 2026]
#2648
How many wickets did Nahid Rana take in the ODI match against Pakistan on March 11, 2026?
(a) 5 wickets
(b) 4 wickets
(c) 3 wickets
(d) 6 wickets
Explanation: Nahid Rana returned figures of 5-24, marking his first five-wicket haul in one-day internationals. This performance was instrumental in restricting Pakistan to 114 runs. [Source: https://www.dawn.com/news/1980951/nahid-rana-takes-5-wickets-as-bangladesh-crush-pakistan-in-odi-opener, 11 Mar 2026]
#2649
At which specific location in Islamabad did the Iranian President hold official meetings with the Prime Minister of Pakistan on June 23, 2026?
(a) Aiwan-e-Sadr
(b) Foreign Office
(c) Prime Minister House
(d) Parliament House
Explanation: The official meetings between the Iranian President and the Prime Minister took place at the Prime Minister House. Aiwan-e-Sadr is the President's official residence, which is a common distractor. [Source: https://www.dawn.com/news/2010220/hands-of-friendship-iran-president-calls-for-new-regional-security-structure-among-muslim-nations, 23 Jun 2026]
#2650
Which of the following is NOT a stated objective or component of the government's response to the 2026 fuel crisis?
(a) Providing relief to the masses once the situation stabilizes
(b) Ensuring the elite class sets an example of austerity
(c) Maintaining adequate reserves of petrol and diesel
(d) Immediate cessation of all international oil imports
Explanation: The government confirmed that the country has adequate reserves and is managing the crisis through conservation and price adjustments, not by ceasing all imports. The other options are explicitly mentioned as government policy goals. [Source: https://www.dawn.com/news/1979860/pm-shehbaz-to-announce-austerity-plan-tomorrow-amid-global-fuel-crisis, 08 Mar 2026]
#2651
Consider the following statements about the diplomatic developments in Islamabad in April 2026: 1. The Iranian delegation arrived in Islamabad on April 24, 2026. 2. The US delegation was sent to Pakistan to engage in direct talks with Iranian representatives. 3. Pakistan's Foreign Minister Ishaq Dar welcomed the Iranian delegation to Islamabad. 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 3 are factually correct. Statement 2 is incorrect because the talks were described as indirect, with Pakistan serving as the mediator, rather than direct talks between the two parties. [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]
#2652
Which of the following statements regarding the ODI match on March 11, 2026, is INCORRECT?
(a) Nahid Rana dismissed the top five Pakistani batters.
(b) Tanzid Hasan scored an unbeaten 67 runs.
(c) The match was held in Mirpur.
(d) Pakistan won the match by eight wickets.
Explanation: It was Bangladesh, not Pakistan, that won the match by eight wickets. The other three statements are factually accurate regarding the match proceedings. [Source: https://www.dawn.com/news/1980951/nahid-rana-takes-5-wickets-as-bangladesh-crush-pakistan-in-odi-opener, 11 Mar 2026]
#2653
Which of the following statements regarding the border security situation in 2026 is INCORRECT?
(a) Pakistan has repeatedly urged the Kabul administration to dismantle terrorist sanctuaries.
(b) Security forces utilized artillery and heavy weapons in response to the July 19 provocation.
(c) Operation Ghazab lil-Haq was launched following an incident on February 26.
(d) The Afghan Taliban successfully maintained their border posts after the Pakistani retaliatory response.
Explanation: The statement that the Afghan Taliban maintained their posts is false; security sources confirmed that the Taliban were forced to abandon multiple posts and flee following the Pakistani response. The other statements are factually accurate. [Source: https://www.dawn.com/news/2016755/security-forces-counter-unprovoked-firing-by-afghan-taliban-targeting-kurram-border-posts, 19 Jul 2026]
#2654
What is the name of the military operation launched by Pakistan on February 26, 2026, to target terrorist hideouts following cross-border firing?
(a) Operation Zarb-e-Azb
(b) Operation Radd-ul-Fasaad
(c) Operation Ghazab lil-Haq
(d) None of these
Explanation: Operation Ghazab lil-Haq was initiated in February 2026 in response to persistent border provocations. The other options refer to historical military operations conducted in previous years. [Source: https://www.dawn.com/news/2016755/security-forces-counter-unprovoked-firing-by-afghan-taliban-targeting-kurram-border-posts, 19 Jul 2026]
#2655
On May 10, 2026, which Pakistani official was specifically commended by the Prime Minister for his dedication to the mediation efforts between the US and Iran?
(a) Ishaq Dar
(b) Tahir Andrabi
(c) Asim Munir
(d) None of these
Explanation: Prime Minister Shehbaz Sharif explicitly congratulated Field Marshal Asim Munir for his dedication to the mediation cause. While Ishaq Dar was also commended, the Prime Minister's specific mention of the Field Marshal's dedication highlights his central role in the military-diplomatic coordination. [Source: https://www.dawn.com/news/1999181/tehran-sends-response-to-us-peace-proposal-via-pakistan, 10 May 2026]
#2656
Which provincial government department issued the directive for fuel conservation measures on March 7, 2026?
(a) Planning and Development Department
(b) Finance Department
(c) Local Government Department
(d) None of these
Explanation: The Khyber Pakhtunkhwa Finance Department issued the notification on March 7, 2026, to ensure the judicious use of petroleum products. Other departments like Planning or Local Government were not the primary issuers of this specific austerity directive. [Source: https://www.dawn.com/news/1979478/kp-finance-dept-orders-adoption-of-fuel-conservation-measures-due-to-anticipated-disruptions, 07 Mar 2026]
#2657
Which Pakistani official received the Iranian Foreign Minister, Abbas Araghchi, in Islamabad on June 23, 2026?
(a) Bilawal Bhutto Zardari
(b) Ishaq Dar
(c) Khawaja Asif
(d) Ahsan Iqbal
Explanation: Ishaq Dar, serving as the Deputy Prime Minister and Foreign Minister, received his Iranian counterpart. The other individuals listed do not currently hold the Foreign Minister portfolio. [Source: https://www.dawn.com/news/2010220/hands-of-friendship-iran-president-calls-for-new-regional-security-structure-among-muslim-nations, 23 Jun 2026]
#2658
Who is the current Minister for Petroleum and Natural Gas in India as of May 2026?
(a) Nitin Gadkari
(b) Hardeep Singh Puri
(c) Piyush Goyal
(d) None of these
Explanation: Hardeep Singh Puri is identified as the Minister for Petroleum and Natural Gas who commented on the financial losses faced by oil marketing companies. The other names are prominent ministers but do not hold this specific portfolio. [Source: https://www.dawn.com/news/1999209/modi-urges-indians-to-reduce-petrol-diesel-consumption-amid-middle-east-war-disruption, 10 May 2026]
#2659
As of June 26, 2026, what is the fixed price per litre for petrol in Pakistan?
(a) Rs299.50
(b) Rs311.47
(c) Rs321.17
(d) Rs378.00
Explanation: The government maintained the petrol price at Rs299.50 per litre on June 26, 2026. The figure Rs311.47 represents the price of high-speed diesel, while the other options reflect historical price points. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]
#2660
Consider the following statements regarding fuel price management in Pakistan: 1. The government currently revises petroleum prices on a weekly basis every Friday night. 2. High-speed diesel is used exclusively for private passenger vehicles. 3. The government announced a reduction in fuel prices in the week preceding June 26, 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: Statement 1 is correct as the government adopted a weekly revision schedule. Statement 3 is correct because the Prime Minister announced a significant reduction in prices the week prior to the June 26 announcement. Statement 2 is incorrect because diesel is primarily used for heavy transport and power generation, not private passenger vehicles. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]