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.
#5701
As of July 24, 2026, what is the primary reason cited for the surge in Brent crude oil prices exceeding $100 per barrel?
(a) Global supply chain disruptions in the semiconductor industry
(b) Escalating conflict in the Middle East
(c) Unexpected production cuts by OPEC+ members
(d) None of these
Explanation: The surge in crude oil prices is directly attributed to the escalating Middle East crisis, which has impacted shipping chokepoints. Other options, while relevant to global economics, are not the primary drivers mentioned for this specific price movement. [Source: https://www.brecorder.com/news/40431590/indian-shares-to-open-lower-as-crude-tops-100, 24 Jul 2026]
#5702
Which sector led the gains on the FTSE 100 index on July 24, 2026?
(a) Pharmaceuticals and healthcare
(b) Retail and consumer goods
(c) Electronics and technology
(d) Investment banks and brokerages
Explanation: Investment banks and brokerages recorded a 1.6% rise, leading sectoral gains on the benchmark index. This was bolstered by positive analyst revisions for companies like 3i Group. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#5703
Which of the following statements regarding the market conditions on July 24, 2026, is INCORRECT?
(a) Energy shares experienced a decline due to regional tensions
(b) The FTSE 250 index also recorded a climb of 0.3%
(c) Oil prices remained stable throughout the trading session
(d) Investors monitored rising oil prices amid Middle East tensions
Explanation: Oil prices did not remain stable; they were volatile and retreated after initial concerns regarding energy flow disruptions in the Red Sea. The other statements accurately reflect the market data provided. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#5704
Consider the following statements about the weather forecast issued on July 24, 2026: 1. The rainfall is expected to continue until July 27, 2026. 2. Karachi is expected to receive heavy downpours similar to the interior districts of Sindh. 3. A low-pressure area over southwest Rajasthan is contributing to the current weather conditions. 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 forecast covers the period until July 27. Statement 3 is correct as the low-pressure area over Rajasthan is a key driver. Statement 2 is incorrect because Karachi is only expected to receive light rain or drizzle, not heavy downpours. [Source: https://www.brecorder.com/news/40431626/pmd-forecasts-widespread-rain-across-sindh-warns-of-urban-flooding, 24 Jul 2026]
#5705
Which of the following factors was primarily responsible for the pressure on Indian bond sentiment during the week ending July 24, 2026?
(a) Surging oil prices
(b) Domestic political instability
(c) A sudden decline in tax revenue
(d) None of these
Explanation: Surging oil prices and higher U.S. Treasury yields were the primary drivers of negative sentiment in the Indian bond market. Domestic political instability and tax revenue are not cited as factors in this context. [Source: https://www.brecorder.com/news/40431650/india-bonds-end-three-day-losing-streak-but-post-second-straight-weekly-decline, 24 Jul 2026]
#5706
Which of the following indices recorded a 0.2% decline to reach a near seven-week low on July 24, 2026?
(a) Saudi Stock Exchange
(b) Abu Dhabi Securities Exchange
(c) Dubai Financial Market
(d) Kuwait Stock Exchange
Explanation: The Dubai main market index slipped 0.2% to hit a near seven-week low on the specified date. The Abu Dhabi benchmark index experienced a smaller decline of 0.1%. [Source: https://www.brecorder.com/news/40431652/uae-stocks-slip-amid-escalating-middle-east-conflict, 24 Jul 2026]
#5707
Which specific category of inflation in Japan slowed to 1.2% in June 2026 despite steady wage gains?
(a) Service inflation
(b) Energy inflation
(c) Food inflation
(d) None of these
Explanation: Service inflation slowed to 1.2% in June from 1.4% in May. This deceleration occurred even as nominal wages showed steady gains, complicating the inflation outlook. [Source: https://www.brecorder.com/news/40431592/japan-june-core-inflation-accelerates-stays-below-boj-target, 24 Jul 2026]
#5708
According to the Pakistan Meteorological Department (PMD) forecast issued on July 24, 2026, which of the following districts is expected to experience heavy rainfall and potential urban flooding?
(a) Shikarpur
(b) Kashmore
(c) Jacobabad
(d) Tharparkar
Explanation: The PMD specifically identified Tharparkar, along with districts like Hyderabad and Badin, as areas at high risk for heavy rainfall and urban flooding. While Kashmore, Jacobabad, and Shikarpur are expected to receive rain, they were categorized under light to moderate intensity in the forecast. [Source: https://www.brecorder.com/news/40431626/pmd-forecasts-widespread-rain-across-sindh-warns-of-urban-flooding, 24 Jul 2026]
#5709
What was the closing value of the FTSE 100 index on July 24, 2026?
(a) 10,474.68 points
(b) 10,674.68 points
(c) 10,574.68 points
(d) 10,774.68 points
Explanation: The blue-chip FTSE 100 index rose 0.3% to reach 10,674.68 points on the specified date. This reflects the market's reaction to the financial sector's performance despite geopolitical headwinds. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#5710
Consider the following statements regarding Pakistan's diplomatic stance at the SCO meeting on July 24, 2026: 1. Pakistan emphasized that a stable Afghanistan is in the interest of all SCO member states. 2. The DPM highlighted that Afghan nationals have been involved in terrorist attacks within Pakistan. 3. Pakistan advocated for military intervention by the SCO to resolve the Afghan security 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: Statements 1 and 2 are accurate reflections of the DPM's address. Statement 3 is incorrect because Pakistan explicitly stated that dialogue and diplomacy remain the only sustainable paths to resolving conflicts, rather than advocating for military intervention. [Source: https://www.brecorder.com/news/40431639/dpm-ishaq-dar-urges-sco-to-hold-afghan-taliban-accountable-over-terrorism, 24 Jul 2026]
#5711
Consider the following statements about the aviation industry's response to the 2026 Middle East conflict: 1. Air New Zealand suspended its financial outlook for 2026 due to market uncertainty. 2. Emirates, Qatar Airways, and Etihad account for approximately one-third of passenger traffic between Europe and Asia. 3. British Airways-owner IAG announced immediate plans to increase ticket prices across all routes.
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 and 2 are factually correct based on the report. Statement 3 is incorrect because IAG explicitly stated it was well-hedged and had no immediate plans to change ticket prices. [Source: https://www.dawn.com/news/1980748/airlines-raise-ticket-prices-as-middle-east-conflict-drives-up-fuel-costs, 11 Mar 2026]
#5712
Which of the following statements regarding the market conditions as of March 11, 2026, is INCORRECT?
(a) Spot platinum prices fell by 5 percent.
(b) Spot gold prices were recorded at $5,202.10 per ounce.
(c) Oil prices dropped below $90 per barrel.
(d) Gold has risen more than 20 percent so far this year.
Explanation: Spot platinum actually rose by 0.1 percent, making the claim that it fell by 5 percent incorrect. The other statements accurately reflect the market data provided for the specified date. [Source: https://www.dawn.com/news/1980850/gold-edges-higher-on-safe-haven-demand-ahead-of-us-cpi-data, 11 Mar 2026]
#5713
Consider the following statements about Japan's economic situation in June 2026: 1. The yen has depreciated to a four-decade low. 2. Producer price inflation has shown signs of sharp acceleration. 3. The Bank of Japan is expected to aggressively raise interest rates at its next meeting to combat hyperinflation. 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 report. Statement 3 is incorrect because the Bank of Japan is widely expected to keep interest rates steady at its upcoming meeting, not aggressively raise them. [Source: https://www.brecorder.com/news/40431592/japan-june-core-inflation-accelerates-stays-below-boj-target, 24 Jul 2026]
#5714
Consider the following statements about the investment plan announced on March 11, 2026: 1. The investment plan aims to stimulate industrial activities and generate employment in Balochistan. 2. The Chinese delegation was accompanied by the former finance minister of Balochistan, Amjad Rasheed. 3. The proposed investment in the mineral sector is larger than the investment in the manufacturing sector. 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 investment aims to boost industry and jobs. Statement 2 is correct as Amjad Rasheed accompanied the delegation. Statement 3 is incorrect because the $2.6 billion manufacturing investment is significantly larger than the $14 million mineral sector investment. [Source: https://www.dawn.com/news/1980763/chinese-firms-plan-to-invest-26bn-in-balochistan, 11 Mar 2026]
#5715
The S&P/ASX 200 index closed at which of the following levels on July 24, 2026?
(a) 8,783.9 points
(b) 13,768.9 points
(c) 19,849.0 points
(d) 72,192.0 points
Explanation: The S&P/ASX 200 index was reported at 8,783.9 points. The other figures represent different indices like the S&P/NZX 50 or local market indicators. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#5716
The monsoon currents influencing the weather conditions in Sindh as of July 24, 2026, are originating from which body of water?
(a) Bay of Bengal
(b) Arabian Sea
(c) Persian Gulf
(d) None of these
Explanation: The PMD report explicitly states that strong monsoon currents from the Arabian Sea, combined with a low-pressure area over Rajasthan, are driving the weather patterns. The Bay of Bengal and Persian Gulf are not the primary sources of these specific monsoon currents. [Source: https://www.brecorder.com/news/40431626/pmd-forecasts-widespread-rain-across-sindh-warns-of-urban-flooding, 24 Jul 2026]
#5717
Consider the following statements about the market performance on July 24, 2026: 1. The FTSE 100 index rose by 0.3%. 2. Energy shares like BP and Shell saw gains due to rising oil prices. 3. The United States imposed new tariffs on goods from 60 trading partners. 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 FTSE 100 rose 0.3%. Statement 2 is incorrect because energy shares actually fell (BP down 1.6%, Shell down 0.9%). Statement 3 is correct as the US imposed new tariffs of 10% and 12.5% on goods from 60 trading partners. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#5718
Which of the following statements regarding the Australian market performance on July 24, 2026, is INCORRECT?
(a) The S&P/ASX 200 index was on track for a third consecutive weekly loss.
(b) Gold miners lost as much as 3.1% as bullion prices retreated.
(c) The mining sub-index was poised for its worst weekly gain in history.
(d) Technology stocks hit their lowest level since mid-April.
Explanation: The mining sub-index was actually poised for its strongest weekly gain since about eight weeks ago, not its worst. The other statements accurately reflect the market conditions described. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#5719
What was the primary reason for the decline in Australian technology stocks on July 24, 2026?
(a) Concerns over heavy AI spending by US tech heavyweights
(b) New domestic regulations on software exports
(c) A sudden rise in interest rates by the Reserve Bank of Australia
(d) None of these
Explanation: Technology stocks fell due to concerns raised by the quarterly results of US tech heavyweights regarding high cash burn for artificial intelligence. This sentiment negatively impacted Australian tech players like Xero and WiseTech Global. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#5720
Consider the following statements about the market timing policies in May 2026: 1. The federal government announced a nationwide 8pm market closure policy on April 6, 2026. 2. The Sindh government's decision to lift curbs was intended to facilitate businesses and citizens. 3. The Khyber Pakhtunkhwa government requested citizens to continue observing electricity conservation measures despite lifting timing restrictions. 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 provided information. The federal government did announce the 8pm policy in April, Sindh cited facilitation as the reason for the change, and KP explicitly requested continued electricity conservation. [Source: https://www.dawn.com/news/2000676/sindh-lifts-curbs-on-market-timings-minister-says-step-taken-to-facilitate-businesses-citizens, 16 May 2026]