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.
#1081
Which of the following companies reported beating first-quarter profit expectations as of July 27, 2026?
(a) Tata Consumer
(b) Bank of Baroda
(c) HDFC Bank
(d) Axis Bank
Explanation: Tata Consumer reported beating profit expectations due to steady consumer demand. In contrast, Bank of Baroda reported a profit drop, and private lenders like HDFC and Axis faced margin concerns. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]
#1082
Which of the following statements regarding the market situation on July 27, 2026, is INCORRECT?
(a) The US dollar index slipped to 101.23.
(b) Brent crude prices increased due to heightened military activity.
(c) The British pound rose against the US dollar.
(d) The euro appreciated against the US dollar.
Explanation: Brent crude prices actually decreased (dropped) due to the pause in military strikes, not increased. Options A, B, and D are factually accurate based on the provided market data. [Source: https://www.brecorder.com/news/40431957/dollar-pulls-back-as-us-iran-attacks-pause-oil-drops, 27 Jul 2026]
#1083
Which of the following airline companies saw their share prices increase on July 27, 2026?
(a) Lufthansa
(b) Air France
(c) British Airways
(d) Emirates
Explanation: Lufthansa, along with IAG and Ryanair, saw their share prices rise as lower oil prices improved their operational outlook. The other options were not mentioned as specific gainers in the report. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#1084
Which of the following statements regarding the market conditions on July 27, 2026, is INCORRECT?
(a) Energy stocks experienced a decline of 2%.
(b) Brent crude oil prices increased due to heightened geopolitical tensions.
(c) Utility stocks were among the few sectors that declined.
(d) The STOXX 600 index reached a level of 649.34.
Explanation: The statement that oil prices increased is false; in fact, Brent crude oil prices dropped by 6% due to the de-escalation of tensions. The other three statements accurately reflect the market data provided. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#1085
What was the value of the GIFT Nifty futures as of 7:59 a.m. IST on July 27, 2026?
(a) 23,767.45
(b) 24,500.75
(c) 24,150.25
(d) 23,974.50
Explanation: The GIFT Nifty futures were recorded at 23,974.50, which indicated a positive opening for the benchmark Nifty 50 index above the previous Friday's close of 23,767.45. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]
#1086
Consider the following statements about the market environment on July 27, 2026: 1. Investors are preparing for quarterly earnings reports from major U.S. technology companies. 2. The decline in oil prices negatively impacted the travel and leisure sector. 3. The STOXX 600 index rose as a result of reduced geopolitical tensions between the U.S. and Iran. 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 investors are scrutinizing Big Tech earnings. Statement 3 is correct as the market rally was driven by de-escalation. Statement 2 is incorrect because lower oil prices actually boosted the travel and leisure sector, rather than negatively impacting it. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#1087
Consider the following statements regarding the Indian market outlook as of July 27, 2026: 1. The U.S. Federal Reserve is widely expected to increase interest rates by 25 basis points this week. 2. The probability of a 25-basis-point rate hike by the Fed has risen to 36.3%. 3. Lower oil prices are expected to ease inflation concerns in India. 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: The Fed is widely expected to leave rates unchanged, making statement 1 incorrect. Statements 2 and 3 are factually accurate based on the market analysis provided. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]
#1088
Consider the following statements about the market conditions on July 27, 2026: 1. Crude oil prices experienced a decline of more than six percent. 2. The Dow Jones Industrial Average recorded a gain of 0.7 percent. 3. The Federal Reserve decision is expected to be the first under the new chairman. 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 report specifies that the upcoming decision is the second, not the first, under the new chairman. [Source: https://www.brecorder.com/news/40432022/dow-sampp-500-rise-as-oil-prices-tumble, 27 Jul 2026]
#1089
The decline in global crude oil prices on March 11, 2026, was primarily attributed to:
(a) Diplomatic signals regarding the potential end of the conflict with Iran
(b) Increased production from OPEC nations
(c) A sudden drop in global industrial demand
(d) New sanctions imposed on major oil exporters
Explanation: Crude prices plunged following remarks by US President Donald Trump suggesting that the conflict with Iran could end soon, which eased supply disruption concerns. Other options do not reflect the specific geopolitical catalyst mentioned in the market report. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#1090
Which of the following statements regarding the KSE-100 market session on March 11, 2026, is INCORRECT?
(a) The index experienced an intraday high of 158,624.51 points.
(b) The index began the session with a sharp rebound.
(c) The index closed lower compared to the previous session.
(d) The index maintained its early gains throughout the entire trading day.
Explanation: The index did not maintain its gains; the report states that the momentum faded and the index largely erased its early gains by 1pm. Options A, B, and D are factually accurate descriptions of the session. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#1091
Which of the following statements regarding the Indian market performance on July 27, 2026, is INCORRECT?
(a) Brent crude oil prices increased by 9.3%.
(b) All 16 major sectors in the Indian market advanced.
(c) The Nifty 50 rose by 0.96%.
(d) The BSE Sensex added 1.02%.
Explanation: Brent crude oil prices fell by 9.3%, not increased. The other three statements accurately reflect the market data reported for that date. [Source: https://www.brecorder.com/news/40431999/indian-shares-snap-losing-run-on-oil-slide-earnings-optimism, 27 Jul 2026]
#1092
Which sector led the gains in the European stock market on July 27, 2026?
(a) Energy sector
(b) Travel and leisure sector
(c) Utility sector
(d) None of these
Explanation: The travel and leisure sector led the market gains with a 2.4% increase, benefiting from the decline in oil prices. Energy and utility stocks were the only sectors to decline during the session. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#1093
Which company led the trading volume on the Pakistan Stock Exchange on March 11, 2026?
(a) K-Electric Limited
(b) Cnergyico PK Limited
(c) The Bank of Punjab
(d) None of these
Explanation: The Bank of Punjab led the trading activity with a volume of 37,706,784 shares. K-Electric and Cnergyico followed with lower trading volumes. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#1094
Consider the following statements about the Indian equity market recovery on July 27, 2026: 1. The recovery followed five consecutive sessions of market declines. 2. The broader small-cap and mid-cap indices both recorded gains exceeding 1%. 3. The market rally was driven by fears of an immediate supply disruption in the energy 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 market snapped a five-day losing streak. Statement 2 is correct as small-caps added 1.3% and mid-caps added 1.1%. Statement 3 is incorrect because the rally was driven by the easing of fears regarding supply disruptions, not the presence of them. [Source: https://www.brecorder.com/news/40431999/indian-shares-snap-losing-run-on-oil-slide-earnings-optimism, 27 Jul 2026]
#1095
Which of the following factors was cited as a reason for limiting the losses in palm oil prices on July 27, 2026?
(a) A surplus in global palm oil production
(b) The strengthening of the US dollar
(c) A decline in Chinese vegetable oil consumption
(d) Indonesia's B50 biodiesel mandate
Explanation: Optimism regarding higher consumption under Indonesia's B50 biodiesel mandate, alongside strong demand from China and El-Nino related supply risks, helped limit the decline in palm oil prices. Other options are either incorrect or would have exacerbated the price drop. [Source: https://www.brecorder.com/news/40432000/palm-slips-more-than-1-on-weaker-crude-chinese-vegetable-oils, 27 Jul 2026]
#1096
What was the primary geopolitical driver for the decline in oil prices on July 27, 2026?
(a) Increased production from OPEC nations
(b) De-escalation of military strikes between the US and Iran
(c) Global economic recession fears
(d) Strategic petroleum reserve releases
Explanation: The tumble in oil prices was directly attributed to the pause in military strikes between the United States and Iran. Other factors like OPEC production or recession fears were not cited as the immediate cause for the price drop on this date. [Source: https://www.brecorder.com/news/40432022/dow-sampp-500-rise-as-oil-prices-tumble, 27 Jul 2026]
#1097
On July 27, 2026, what was the primary factor cited for the expected rise in Indian equity markets?
(a) A sharp decline in global oil prices
(b) An unexpected interest rate cut by the Reserve Bank of India
(c) A surge in foreign direct investment inflows
(d) None of these
Explanation: The market recovery was driven by a 4.6% drop in Brent crude prices following a pause in strikes between the United States and Iran. Lower oil prices are beneficial for India as it is a major importer of the commodity. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]
#1098
By what percentage did the KSE-100 index decline during the trading session on March 11, 2026?
(a) 2.53 per cent
(b) 0.2 per cent
(c) 3.10 per cent
(d) 2.02 per cent
Explanation: The KSE-100 index shed 318.65 points, which corresponds to a 0.2 per cent decline. The other percentages refer to the individual stock performance of The Bank of Punjab, K-Electric, and Cnergyico. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]
#1099
Following the de-escalation of tensions between the United States and Iran, the Indian rupee reached a high of what duration on July 27, 2026?
(a) One-week high
(b) One-month high
(c) Three-week high
(d) Two-week high
Explanation: The Indian rupee hit a two-week high on July 27, 2026, supported by lower oil prices and restored foreign investor flows. Other durations are incorrect based on the market report. [Source: https://www.brecorder.com/news/40431999/indian-shares-snap-losing-run-on-oil-slide-earnings-optimism, 27 Jul 2026]
#1100
On March 11, 2026, the KSE-100 index closed at which of the following levels?
(a) 156,177.12 points
(b) 158,624.51 points
(c) 155,858.47 points
(d) 155,652.35 points
Explanation: The KSE-100 index closed at 155,858.47 points after shedding 318.65 points. represents the previous day's closing, while C and D represent the intraday high and low, respectively. [Source: https://www.dawn.com/news/1980849/kse-100-ends-lower-after-early-rally-loses-steam, 11 Mar 2026]