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.
#441
Which body is responsible for the final approval of the macroeconomic framework for FY2026-27?
(a) Annual Plan Coordination Committee
(b) National Economic Council
(c) Planning Commission
(d) None of these
Explanation: The National Economic Council (NEC) is the country's highest economic policy-making body and is responsible for the final approval of the framework. The APCC is the committee that prepares and clears the framework before it reaches the NEC. [Source: https://www.dawn.com/news/2004391/4pc-growth-target-set-for-fy2026-27-as-macroeconomic-framework-sent-to-economic-council-for-approval, 01 Jun 2026]
#442
Consider the following statements about the macroeconomic framework for FY2026-27: 1. The framework projects that private investment will rise to 10.3% of GDP. 2. The services sector is targeted to grow at a rate of 4.2%. 3. Public investment is expected to increase significantly to 5% of GDP. 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 per the framework. Statement 3 is incorrect because public investment is targeted to remain at 3% of GDP, not 5%. [Source: https://www.dawn.com/news/2004391/4pc-growth-target-set-for-fy2026-27-as-macroeconomic-framework-sent-to-economic-council-for-approval, 01 Jun 2026]
#443
Consider the following statements regarding the governance and political discourse in Pakistan as of August 2026: 1. The creation of new administrative provinces is advocated by federal officials as a means to enhance democratic service delivery. 2. Legal discourse suggests that the PML-N and PPP are likely to maintain an oppositional stance toward the restructuring of provincial boundaries. 3. Current provincial governance critiques argue that development discourse is overly focused on human development indicators rather than physical infrastructure projects.
(a) Only 1 & 2 are correct
(b) Only 2 & 3 are correct
(c) Only 1 & 3 are correct
(d) All statements are correct
Explanation: Statements 1 and 2 accurately reflect the political debate surrounding administrative reform, as articulated by Federal Minister Abdul Aleem Khan and Barrister Gohar, respectively. Statement 3 is incorrect because the provided discourse explicitly critiques governance for focusing on infrastructure-heavy projects at the expense of substantive human development indicators. [Source: https://www.brecorder.com/news/40432813/new-provinces-to-strengthen-democracy-aleem]
#444
Following the price adjustment effective from May 9, 2026, what is the new price of petrol per litre in Pakistan?
(a) Rs378.00
(b) Rs414.78
(c) Rs414.58
(d) None of these
Explanation: The government increased the price of petrol by Rs14.92, bringing the total to Rs414.78 per litre. Option C represents the price of high-speed diesel, while option A refers to a previous price point. [Source: https://www.dawn.com/news/1998722/govt-hikes-petrol-by-rs1492-per-litre-diesel-by-rs15, 08 May 2026]
#445
The global fuel supply crunch mentioned in the context of 2026 is linked to the closure of which strategic maritime chokepoint?
(a) Suez Canal
(b) Strait of Hormuz
(c) Strait of Malacca
(d) Bab-el-Mandeb Strait
Explanation: The Strait of Hormuz is identified as the critical passage through which one-fifth of the world's oil and gas supply passes. Its closure due to regional conflict has significantly impacted global fuel prices. [Source: https://www.dawn.com/news/1998722/govt-hikes-petrol-by-rs1492-per-litre-diesel-by-rs15, 08 May 2026]
#446
Which of the following statements regarding the petroleum price adjustments in 2026 is INCORRECT?
(a) The government has maintained a fixed, unchanging price for fuel since the beginning of the year.
(b) Petrol is primarily used in private transport and small vehicles.
(c) The government has been revising petroleum prices on a weekly basis on Friday nights.
(d) High-speed diesel is used for large generators.
Explanation: The government has frequently adjusted prices in response to market volatility, making the claim that prices remained fixed INCORRECT. The other statements accurately reflect the usage patterns and the frequency of price revisions. [Source: https://www.dawn.com/news/1998722/govt-hikes-petrol-by-rs1492-per-litre-diesel-by-rs15, 08 May 2026]
#447
Which of the following is NOT a stated area of focus for the IMF discussions with Pakistan in 2026?
(a) Immediate privatization of all state-owned enterprises
(b) Maintaining a sufficiently tight monetary policy
(c) Advancing reforms to improve the viability of the energy sector
(d) Sustaining fiscal consolidation to strengthen public finances
Explanation: The IMF statement highlighted fiscal consolidation, monetary policy, and energy sector reforms as key areas of progress. Immediate privatization of all state-owned enterprises is not listed as a specific focus area in the mission's end-of-mission statement. [Source: https://www.dawn.com/news/1981220/imf-mission-fails-to-reach-staff-level-agreement-with-pakistan-talks-to-continue, 12 Mar 2026]
#448
In which cities were the IMF mission discussions primarily held before transitioning to a virtual format in 2026?
(a) Lahore and Karachi
(b) Islamabad and Lahore
(c) Karachi and Islamabad
(d) None of these
Explanation: The IMF mission held discussions with Pakistani authorities in Karachi and Islamabad before moving to virtual meetings on March 3, 2026. Lahore was not a primary site for these specific mission meetings. [Source: https://www.dawn.com/news/1981220/imf-mission-fails-to-reach-staff-level-agreement-with-pakistan-talks-to-continue, 12 Mar 2026]
#449
The IMF mission discussions with Pakistan in 2026 were focused on the third review of which facility?
(a) Rapid Financing Instrument (RFI)
(b) Stand-By Arrangement (SBA)
(c) Extended Fund Facility (EFF)
(d) Poverty Reduction and Growth Trust (PRGT)
Explanation: The mission was specifically tasked with the third review of the $7 billion Extended Fund Facility (EFF) and the second review of the Resilience and Sustainability Facility (RSF). The SBA is a separate, distinct type of IMF arrangement. [Source: https://www.dawn.com/news/1981220/imf-mission-fails-to-reach-staff-level-agreement-with-pakistan-talks-to-continue, 12 Mar 2026]
#450
What is the current price of high-speed diesel (HSD) per litre as of July 25, 2026?
(a) Rs335.18
(b) Rs383.46
(c) Rs520.35
(d) Rs281.00
Explanation: The government set the price of high-speed diesel at Rs383.46 per litre following the recent adjustment. Rs335.18 is the current price for petrol, while Rs520.35 represents a historical peak price for diesel. [Source: https://www.dawn.com/news/2018328/govt-keeps-petrol-diesel-prices-unchanged-for-two-days, 25 Jul 2026]
#451
Upon the successful completion of the 2026 IMF review, Pakistan is expected to receive approximately how much funding under the Resilience and Sustainability Facility (RSF)?
(a) 100 million USD
(b) 760 million USD
(c) 500 million USD
(d) 200 million USD
Explanation: The IMF indicated that Pakistan would be eligible for around $200 million under the RSF upon the successful conclusion of the review. The $760 million figure refers to the Special Drawing Rights (SDR) equivalent for the EFF portion. [Source: https://www.dawn.com/news/1981220/imf-mission-fails-to-reach-staff-level-agreement-with-pakistan-talks-to-continue, 12 Mar 2026]
#452
Who led the IMF mission that held discussions with Pakistani authorities in March 2026?
(a) Nathan Porter
(b) Iva Petrova
(c) Kristalina Georgieva
(d) None of these
Explanation: Iva Petrova headed the IMF mission that conducted the review discussions with Pakistan in early 2026. Nathan Porter is a former mission chief, and Kristalina Georgieva is the Managing Director of the IMF. [Source: https://www.dawn.com/news/1981220/imf-mission-fails-to-reach-staff-level-agreement-with-pakistan-talks-to-continue, 12 Mar 2026]
#453
According to the Prime Minister's address on July 22, 2026, which sector was specifically highlighted as a beneficiary of the robotics and autonomous systems revolution for inclusive growth?
(a) Large-scale manufacturing
(b) Agricultural sector
(c) Financial banking sector
(d) None of these
Explanation: The Prime Minister emphasized that robotics and autonomous systems should improve the lives of farmers and small businesses, explicitly highlighting the agricultural sector as a key beneficiary for inclusive growth. [Source: https://www.brecorder.com/news/40431277/pm-shehbaz-calls-for-national-innovation-ecosystem-to-advance-indigenous-robotics-technology, 22 Jul 2026]
#454
On July 22, 2026, Prime Minister Shehbaz Sharif inaugurated which of the following events in Pakistan?
(a) Global Robotics and AI Innovation Forum 2026
(b) National Digital Transformation Summit 2026
(c) Indus RAS – Robotics and Autonomous Systems Expo 2026
(d) Pakistan Indigenous Technology and Security Expo 2026
Explanation: The Prime Minister inaugurated the Indus RAS – Robotics and Autonomous Systems Expo 2026 on July 22, 2026. This event served as the platform for his call to establish a unified national innovation ecosystem. [Source: https://www.brecorder.com/news/40431277/pm-shehbaz-calls-for-national-innovation-ecosystem-to-advance-indigenous-robotics-technology, 22 Jul 2026]
#455
What is the primary objective of the national innovation ecosystem proposed by the Prime Minister on July 22, 2026?
(a) To increase foreign direct investment in the telecommunications sector
(b) To develop indigenous knowledge and technological capabilities
(c) To privatize all public sector research and development centers
(d) To exclusively focus on importing advanced robotics from the Global North
Explanation: The core objective is to foster indigenous knowledge and technological capabilities, ensuring that the technology is owned and continuously advanced within Pakistan rather than relying solely on imports. [Source: https://www.brecorder.com/news/40431277/pm-shehbaz-calls-for-national-innovation-ecosystem-to-advance-indigenous-robotics-technology, 22 Jul 2026]
#456
Consider the following statements about the national innovation ecosystem proposed on July 22, 2026: 1. It aims to ensure that the knowledge behind robotics technology is indigenous and owned by Pakistan. 2. The initiative is intended to be confined to major cities to ensure high-tech efficiency. 3. It emphasizes the need for regulatory frameworks to govern the ethics of autonomous systems. 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 correct as they reflect the Prime Minister's focus on indigenous ownership and ethical regulation. Statement 2 is incorrect because the Prime Minister explicitly stated that the revolution should not remain confined to major cities but should reach underserved communities. [Source: https://www.brecorder.com/news/40431277/pm-shehbaz-calls-for-national-innovation-ecosystem-to-advance-indigenous-robotics-technology, 22 Jul 2026]
#457
Following the price adjustment on July 22, 2026, what is the new price of high-speed diesel (HSD) per litre?
(a) Rs327.12
(b) Rs375.04
(c) Rs458.41
(d) Rs520.35
Explanation: The government notification issued on July 22, 2026, set the new price of high-speed diesel at Rs375.04 per litre. Rs327.12 is the corresponding price for petrol, while the other figures represent historical peak prices. [Source: https://www.dawn.com/news/2017573/govt-increases-petrol-price-by-rs639-diesel-by-rs783-per-litre, 22 Jul 2026]
#458
Consider the following statements about the IMF mission to Pakistan in 2026: 1. The mission successfully reached a staff-level agreement on March 11, 2026. 2. Discussions were influenced by the impact of regional conflict on Pakistan's balance of payments. 3. The mission reviewed both the Extended Fund Facility and the Resilience and Sustainability Facility. 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 mission failed to reach a staff-level agreement by the conclusion date. Statements 2 and 3 are correct as they accurately reflect the scope of the review and the external factors influencing the economic outlook. [Source: https://www.dawn.com/news/1981220/imf-mission-fails-to-reach-staff-level-agreement-with-pakistan-talks-to-continue, 12 Mar 2026]
#459
The Cockroach Janta Party (CJP) movement, which led the 2026 protests in New Delhi, initially emerged as a response to remarks made by which official?
(a) Chief Justice Surya Kant
(b) The Minister of Education
(c) The Prime Minister of India
(d) The Home Secretary
Explanation: The CJP movement began in May 2026 as a satirical reaction to reports that Chief Justice Surya Kant had compared young people to 'cockroaches' and 'parasites' during a court hearing. The movement subsequently broadened its scope to include issues of unemployment and governance. [Source: https://www.dawn.com/news/2017750/modi-vows-punishment-for-exam-fraud-in-first-comments-on-indian-student-protests, 23 Jul 2026]
#460
Approximately how many candidates were forced to retake a medical entrance test due to a question paper leak in 2026?
(a) One million
(b) Three million
(c) Two million
(d) Four million
Explanation: The leak of a medical entrance question paper necessitated a re-examination for more than two million candidates. This incident was a primary driver of the public anger that fueled the student-led protests. [Source: https://www.dawn.com/news/2017750/modi-vows-punishment-for-exam-fraud-in-first-comments-on-indian-student-protests, 23 Jul 2026]