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.
#5521
Which regulatory body issued the notification regarding the reduction in the price of kerosene on May 29, 2026?
(a) State Bank of Pakistan
(b) Federal Board of Revenue
(c) Oil and Gas Regulatory Authority
(d) None of these
Explanation: The Oil and Gas Regulatory Authority (OGRA) is the designated body responsible for issuing notifications regarding petroleum product price changes in Pakistan. The State Bank and FBR do not manage retail fuel price notifications. [Source: https://www.dawn.com/news/2003697/govt-cuts-petrol-diesel-prices-by-rs22, 29 May 2026]
#5522
Consider the following statements about the EU-Pakistan diplomatic engagement in 2026: 1. The 8th round of the EU-Pakistan Strategic Dialogue was co-chaired by Ishaq Dar and Kaja Kallas. 2. The Prime Minister invited the Presidents of the European Council and the European Commission to visit Pakistan. 3. The EU High Representative described Pakistan as a minor regional power with limited strategic influence. 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 official proceedings and invitations extended by the Prime Minister. Statement 3 is incorrect because Kaja Kallas explicitly referred to Pakistan as a 'major regional power' and an 'important partner'. [Source: https://www.dawn.com/news/2004340/pm-reaffirms-eu-ties-thanks-kallas-for-support-for-gulf-peace-efforts, 01 Jun 2026]
#5523
During the Pakistan-China Pharmaceutical and Healthcare B2B Investment Conference held on July 17, 2026, the signed agreements were valued at approximately:
(a) $440 million
(b) $340 million
(c) $240 million
(d) $540 million
Explanation: The conference in Islamabad resulted in agreements between Pakistani and Chinese firms in the healthcare and pharmaceutical sectors valued at nearly $440 million. This investment is viewed as a significant step toward advancing CPEC 2.0. [Source: https://www.dawn.com/news/2016208/security-of-chinese-in-pakistan-paramount-for-us-says-pm-shehbaz, 17 Jul 2026]
#5524
Which of the following is NOT a primary focus area mentioned in the March 2026 high-level meetings regarding national strategy?
(a) Institutional harmony
(b) Constitutional amendment drafting
(c) Energy supply pressures
(d) Regional security environment
Explanation: The meetings focused on national security, economic challenges, energy costs, and regional stability. Constitutional amendment drafting was not a stated agenda item for these specific consultative meetings. [Source: https://www.dawn.com/news/1986837/president-zardari-pm-shehbaz-review-regional-situation-implications-for-pakistan, 30 Mar 2026]
#5525
Which of the following statements regarding the May 2026 fuel price reduction is INCORRECT?
(a) The price of petrol was reduced by Rs22 per litre.
(b) The price of kerosene remained unchanged at its previous level.
(c) The price of high-speed diesel was reduced by Rs22 per litre.
(d) The Prime Minister's Office announced the relief measures.
Explanation: The statement that kerosene prices remained unchanged is incorrect, as the Oil and Gas Regulatory Authority explicitly reduced the price of kerosene from Rs313.44 to Rs272. [Source: https://www.dawn.com/news/2003697/govt-cuts-petrol-diesel-prices-by-rs22, 29 May 2026]
#5526
The government aims to generate how many new jobs in the fiscal year 2026-27?
(a) 1.1 million
(b) 2.0 million
(c) 1.5 million
(d) 2.5 million
Explanation: The macroeconomic framework targets the creation of two million new jobs in FY2026-27. This is expected to be achieved through increased public and private investment. [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]
#5527
Consider the following statements about the March 2026 high-level meetings: 1. The leadership emphasized the need for a coordinated national strategy and institutional harmony. 2. The Prime Minister repeatedly rejected proposals to increase oil prices to provide relief to the public. 3. The meeting was briefed on the upcoming diplomatic visit of the Foreign Minister to Washington. 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 government's stated policy of austerity and price management. Statement 3 is incorrect because the Foreign Minister's upcoming visit mentioned in the report was to Beijing, not Washington. [Source: https://www.dawn.com/news/1986837/president-zardari-pm-shehbaz-review-regional-situation-implications-for-pakistan, 30 Mar 2026]
#5528
Which of the following sectors was specifically highlighted for enhanced collaboration between Pakistan and China during the July 2026 meeting?
(a) Textile manufacturing
(b) Artificial intelligence
(c) Agricultural exports
(d) None of these
Explanation: The joint statement emphasized advancing high-quality development under CPEC 2.0, specifically mentioning collaboration in trade, investment, science and technology, the digital economy, and artificial intelligence. [Source: https://www.dawn.com/news/2016159/china-and-pakistan-call-on-us-iran-to-resume-talks-cease-hostilities, 17 Jul 2026]
#5529
Which of the following is NOT a sector-specific growth target mentioned for FY2026-27?
(a) Information and communication growth of 9.5%
(b) Large-scale manufacturing growth of 4.5%
(c) Services sector growth of 4.2%
(d) Agriculture sector growth of 3.8%
Explanation: The target for the information and communication sector is 7.7%, not 9.5%. The other options correctly reflect the targets for agriculture, manufacturing, and services. [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]
#5530
Who currently serves as the Director General (DG) of the Inter-Services Intelligence (ISI) as per the March 2026 reports?
(a) Ishaq Dar
(b) Asim Munir
(c) Mohsin Naqvi
(d) Asim Malik
Explanation: Asim Malik is identified as the Director General of the ISI in the official reports of the meeting. Asim Munir is the Chief of Army Staff, while Mohsin Naqvi and Ishaq Dar hold ministerial portfolios. [Source: https://www.dawn.com/news/1986837/president-zardari-pm-shehbaz-review-regional-situation-implications-for-pakistan, 30 Mar 2026]
#5531
Which official holds the dual portfolio of Deputy Prime Minister and Foreign Minister in the current administration as of March 2026?
(a) Bilawal Bhutto-Zardari
(b) Mohsin Naqvi
(c) Ishaq Dar
(d) Asim Malik
Explanation: Ishaq Dar is identified as the Deputy Prime Minister and Foreign Minister. Bilawal Bhutto-Zardari is the PPP Chairperson, and Mohsin Naqvi is the Interior Minister. [Source: https://www.dawn.com/news/1986837/president-zardari-pm-shehbaz-review-regional-situation-implications-for-pakistan, 30 Mar 2026]
#5532
In March 2026, the federal government held an expanded consultative meeting at Aiwan-i-Sadr that included representatives from which of the following?
(a) The Supreme Court of Pakistan
(b) The Election Commission of Pakistan
(c) Azad Jammu and Kashmir
(d) None of these
Explanation: The expanded consultative meeting at Aiwan-i-Sadr included the leadership of all provinces, Gilgit-Baltistan, and Azad Jammu and Kashmir. The judiciary and the Election Commission were not listed as participants in this executive-led consultative forum. [Source: https://www.dawn.com/news/1986837/president-zardari-pm-shehbaz-review-regional-situation-implications-for-pakistan, 30 Mar 2026]
#5533
Which of the following is NOT a key area of cooperation mentioned in the 2026 EU-Pakistan Strategic Dialogue?
(a) Climate change
(b) Connectivity
(c) Sustainable development
(d) Space exploration
Explanation: The dialogue focused on trade, investment, climate change, security, migration, sustainable development, and connectivity. Space exploration was not identified as a primary pillar of the strategic engagement. [Source: https://www.dawn.com/news/2004340/pm-reaffirms-eu-ties-thanks-kallas-for-support-for-gulf-peace-efforts, 01 Jun 2026]
#5534
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]
#5535
Consider the following statements about the recent developments in the US-Iran conflict: 1. Renewed fighting in the Gulf region began on July 8, 2026. 2. The Islamabad MoU was intended to end the war after a 60-day negotiation period. 3. China and Pakistan have expressed satisfaction with the current stability in the Strait of Hormuz. 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 3 is incorrect because the countries expressed 'concern over the deterioration of the current situation' rather than satisfaction with stability. Statements 1 and 2 are factually accurate based on the provided text. [Source: https://www.dawn.com/news/2016159/china-and-pakistan-call-on-us-iran-to-resume-talks-cease-hostilities, 17 Jul 2026]
#5536
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]
#5537
Who is the current Power Minister of Pakistan as of May 2026?
(a) Awais Leghari
(b) Musadik Malik
(c) Khurram Dastgir
(d) None of these
Explanation: Awais Leghari is the serving Power Minister who addressed the press conference regarding the status of negotiations with Chinese power producers. The other names listed are former ministers who have held the portfolio in previous administrations. [Source: https://www.dawn.com/news/2004161/no-sufficient-outcome-yet-of-talks-to-secure-discounts-from-chinese-power-producers-leghari, 31 May 2026]
#5538
Consider the following statements about the diplomatic efforts of Pakistan in March 2026: 1. Pakistan is actively attempting to bring the United States and Iran to the negotiating table. 2. The quadrilateral meeting in Islamabad focused exclusively on bilateral trade agreements. 3. The Prime Minister emphasized the need for unity among Islamic countries to address the regional crisis. 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 Pakistan is mediating between the US and Iran. Statement 2 is incorrect because the meeting focused on the Middle East crisis and regional stability, not bilateral trade. Statement 3 is correct as the Prime Minister stressed the importance of unity within the Muslim Ummah. [Source: https://www.dawn.com/news/1986574/pm-shehbaz-commends-kingdoms-remarkable-restraint-in-meeting-with-saudi-fm-assures-him-of-pakistans-full-support, 29 Mar 2026]
#5539
The temporary US waiver issued in March 2026 was intended to facilitate the sale of which specific commodity to India?
(a) Natural gas
(b) Refined petroleum products
(c) Russian oil stranded at sea
(d) None of these
Explanation: The US waiver was specifically designed to allow Russian oil that was stranded at sea to be sold to India. This was a temporary measure in response to the broader energy market disruptions. [Source: https://www.dawn.com/news/1979646/new-delhi-continues-importing-russian-oil, 08 Mar 2026]
#5540
Who is the current US Special Envoy to the Middle East involved in the 2026 diplomatic mediation efforts?
(a) Steve Witkoff
(b) Amos Hochstein
(c) Brett McGurk
(d) None of these
Explanation: Steve Witkoff is the US Special Envoy to the Middle East mentioned in the context of the 2026 back-channel communications. The other names are common distractors associated with previous US diplomatic roles in the region. [Source: https://www.dawn.com/news/1984640/pakistan-egypt-turkiye-engaged-in-back-channel-diplomacy-for-us-iran-de-escalation-sources, 23 Mar 2026]