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.
#12121
Which of the following statements regarding the fuel price adjustment announced on April 30, 2026, is INCORRECT?
(a) The price of petrol was increased by Rs6.51 per litre.
(b) The Petroleum Division confirmed that petrol stations would close from May 1 to May 5.
(c) The new prices were scheduled to become effective from May 1, 2026.
(d) The government aims to keep the primary balance target sacrosanct.
Explanation: The Petroleum Division and the All Pakistan Petrol Pump Owners Association explicitly refuted reports of petrol station closures or strikes. Options A, B, and D are factually accurate statements. [Source: https://www.dawn.com/news/1996451/govt-hikes-petrol-price-by-rs6-diesel-by-rs19, 30 Apr 2026]
#12122
Benjamin Netanyahu is expected to visit New York City in September 2026 for which major event?
(a) The 81st session of the UN General Assembly
(b) The G20 Summit
(c) The World Economic Forum
(d) The NATO Leaders' Summit
Explanation: The UN General Assembly is held annually in New York City, and the 81st session is scheduled for 2026. The other listed summits are held in different global locations and are not the reason for the Prime Minister's anticipated visit to New York. [Source: https://www.dawn.com/news/2016505/netanyahu-belongs-in-the-hague-nyc-mayor-mamdani-mulls-whether-he-can-order-israeli-pms-arrest, 18 Jul 2026]
#12123
Following the price reduction announced on June 19, 2026, what is the new ex-depot price of petrol per litre?
(a) Rs299.78
(b) Rs311.78
(c) Rs373.78
(d) Rs378.78
Explanation: The new price of petrol was set at Rs299.78 per litre following the Rs74 reduction. Rs311.78 is the new price for high-speed diesel. [Source: https://www.dawn.com/news/2009236/pm-shehbaz-announces-reduction-in-prices-of-petrol-by-rs74-diesel-by-rs67, 19 Jun 2026]
#12124
Which of the following statements regarding the fuel price adjustments in 2026 is INCORRECT?
(a) The government began revising petroleum prices every week on Friday night during the crisis.
(b) The price of petrol was reduced by Rs74 per litre in the June 19, 2026 announcement.
(c) High-speed diesel is primarily used in the heavy transport sector and power plants.
(d) The government maintained a policy of keeping fuel prices fixed for six months regardless of international market trends.
Explanation: The government did not maintain fixed prices; instead, it revised prices weekly on Friday nights to reflect global market volatility. The other statements are factually accurate according to the provided information. [Source: https://www.dawn.com/news/2009236/pm-shehbaz-announces-reduction-in-prices-of-petrol-by-rs74-diesel-by-rs67, 19 Jun 2026]
#12125
Consider the following statements about the fuel price situation in 2026: 1. The peak prices for both petrol and diesel were recorded on April 3, 2026. 2. The government reduced the petroleum levy by Rs80 per litre in April 2026 to provide immediate relief. 3. The June 19, 2026, price reduction was attributed to the restoration of energy shipping in the Strait of Hormuz. Which of the statements given above 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 correct. The peak occurred on April 3, the levy was slashed by Rs80 to provide relief, and the June reduction was linked to the easing of tensions and the restoration of shipping in the Strait of Hormuz. [Source: https://www.dawn.com/news/2009236/pm-shehbaz-announces-reduction-in-prices-of-petrol-by-rs74-diesel-by-rs67, 19 Jun 2026]
#12126
Which index serves as the benchmark for China's large-cap stocks mentioned in the context of the July 27, 2026 market performance?
(a) CSI300 Index
(b) Hang Seng Index
(c) Nikkei 225 Index
(d) KSE100 Index
Explanation: The CSI300 Index is the primary benchmark for large-cap stocks in China. The Hang Seng and Nikkei are indices for Hong Kong and Japan, respectively, while the KSE100 is the benchmark for the Pakistan Stock Exchange. [Source: https://www.brecorder.com/news/40431979/china-stocks-rise-as-cxmts-debut-surge-revives-interest-in-battered-shares, 27 Jul 2026]
#12127
Who served as the primary mediator for the Islamabad Memorandum of Understanding signed on June 18, 2026?
(a) United Nations
(b) Pakistan
(c) European Union
(d) None of these
Explanation: Prime Minister Shehbaz Sharif acted as the mediator for the agreement between the United States and Iran. The deal was signed in Islamabad, with Pakistan playing a critical role in facilitating the 14-point peace framework. [Source: https://www.dawn.com/news/2008902/landmark-islamabad-mou-to-go-a-long-way-in-rebuilding-iran-pm-shehbaz-tells-pezeshkian, 18 Jun 2026]
#12128
Which of the following is NOT a provision included in the Islamabad MoU signed on June 18, 2026?
(a) Immediate cessation of all Iranian military activities in the region
(b) Lifting of the US blockade on Iranian ports
(c) Reopening of the Strait of Hormuz
(d) Waiver of oil sanctions crippling the Iranian economy
Explanation: The agreement focuses on ending the war, reopening the Strait of Hormuz, and lifting economic sanctions. There is no provision in the text regarding a total cessation of all Iranian military activities, making the incorrect statement. [Source: https://www.dawn.com/news/2008902/landmark-islamabad-mou-to-go-a-long-way-in-rebuilding-iran-pm-shehbaz-tells-pezeshkian, 18 Jun 2026]
#12129
Which political leader met with Prime Minister Shehbaz Sharif on June 13, 2026, following parliamentary debates?
(a) Asad Qaiser
(b) Amir Dogar
(c) Ahsan Iqbal
(d) Mehmood Khan Achakzai
Explanation: Mehmood Khan Achakzai, the Opposition Leader, held a meeting with Prime Minister Shehbaz Sharif on the Saturday preceding the June 14, 2026, report. The other individuals mentioned are active participants in the National Assembly debates but were not the primary interlocutors in this specific meeting. [Source: https://www.dawn.com/news/2007773/info-minister-invites-opposition-to-sign-charter-of-economy-defends-proposed-fy27-budget, 14 Jun 2026]
#12130
Following its debut on July 27, 2026, CXMT Corp became the largest China-listed company by market capitalization, surpassing which of the following institutions?
(a) Industrial and Commercial Bank of China
(b) Bank of China
(c) China Construction Bank
(d) None of these
Explanation: CXMT Corp's market valuation exceeded 3 trillion yuan, allowing it to surpass the Industrial and Commercial Bank of China in market capitalization. The other options are major Chinese banks but were not the specific entity cited as being dwarfed by the new listing. [Source: https://www.brecorder.com/news/40431979/china-stocks-rise-as-cxmts-debut-surge-revives-interest-in-battered-shares, 27 Jul 2026]
#12131
According to security sources on March 30, 2026, what is the primary objective behind India's alleged plan to use Pakistani prisoners in a false flag operation?
(a) To facilitate a prisoner exchange program
(b) To divert attention from diplomatic humiliation
(c) To conduct a joint border security exercise
(d) None of these
Explanation: Security sources indicate that the operation is intended to cover up India's diplomatic failures and divert public attention away from Pakistan. Option A is incorrect as there is no mention of a prisoner exchange, and option C is factually inconsistent with the nature of a false flag operation. [Source: https://www.dawn.com/news/1986909/india-planning-false-flag-operation-using-pakistani-prisoners-security-sources, 30 Mar 2026]
#12132
On July 18, 2026, which New York City official stated he was consulting the Law Department regarding the potential arrest of Benjamin Netanyahu?
(a) Eric Adams
(b) Zohran Mamdani
(c) Bill de Blasio
(d) None of these
Explanation: Zohran Mamdani is the current Mayor of New York City who publicly discussed the legal feasibility of arresting the Israeli Prime Minister. Eric Adams and Bill de Blasio are former mayors and are not involved in this specific 2026 legal review. [Source: https://www.dawn.com/news/2016505/netanyahu-belongs-in-the-hague-nyc-mayor-mamdani-mulls-whether-he-can-order-israeli-pms-arrest, 18 Jul 2026]
#12133
The recent exchange of attacks between Israel and Iran in June 2026 followed an Israeli airstrike on which specific location?
(a) Tehran city center
(b) Strait of Hormuz
(c) Beaufort Castle
(d) Southern suburbs of Beirut
Explanation: The hostilities were triggered by an Israeli airstrike on the southern suburbs of Beirut. Beaufort Castle is a historic site mentioned in the context of Israeli operations in Lebanon, but it was not the target of the specific airstrike that prompted the Iranian retaliation. [Source: https://www.dawn.com/news/2006144/give-peace-a-little-more-chance-pm-shehbaz-calls-for-restraint-after-israel-iran-exchange-attacks, 08 Jun 2026]
#12134
Which global geopolitical event was primarily responsible for the energy crunch and subsequent fuel price hikes in Pakistan during early 2026?
(a) The Suez Canal blockage
(b) The Panama Canal drought
(c) The Strait of Hormuz blockade
(d) The Black Sea grain initiative collapse
Explanation: The energy crunch was driven by the US-Iran war and the resulting blockade of the Strait of Hormuz, which disrupted global oil shipping. The other options refer to different global logistical or geopolitical issues not cited as the cause of the 2026 fuel crisis. [Source: https://www.dawn.com/news/2009236/pm-shehbaz-announces-reduction-in-prices-of-petrol-by-rs74-diesel-by-rs67, 19 Jun 2026]
#12135
Consider the following statements about the political situation involving Benjamin Netanyahu and NYC: 1. Benjamin Netanyahu faces an election scheduled for October 2026. 2. Danny Danon serves as Israel’s ambassador to the United Nations. 3. Mayor Mamdani has previously condemned Hamas as a terrorist organization. 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. Netanyahu faces an election in October 2026, Danny Danon is the Israeli UN ambassador, and Mayor Mamdani has publicly labeled Hamas a terrorist organization despite his criticism of Israeli policy. [Source: https://www.dawn.com/news/2016505/netanyahu-belongs-in-the-hague-nyc-mayor-mamdani-mulls-whether-he-can-order-israeli-pms-arrest, 18 Jul 2026]
#12136
Consider the following statements about the 2026 fuel price developments: 1. The global fuel crisis is partially attributed to the closure of the Strait of Hormuz. 2. The government has decided to cut public sector development programs to protect the primary balance target. 3. The All Pakistan Petrol Pump Owners Association supported the strike calls for May 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 Strait of Hormuz closure is a factor in the global fuel crisis. Statement 2 is correct as the government indicated that further cuts to development programs might be required to meet the primary balance. Statement 3 is incorrect because the association explicitly refuted the strike rumors. [Source: https://www.dawn.com/news/1996451/govt-hikes-petrol-price-by-rs6-diesel-by-rs19, 30 Apr 2026]
#12137
Which of the following statements regarding the Torkham border situation in March 2026 is INCORRECT?
(a) The repatriation process was suspended for several weeks due to a security official being injured in a firing incident.
(b) The border was closed for all trading activities since October of the previous year.
(c) Security officials from both sides held flag meetings to devise a mechanism for smooth repatriation.
(d) Transporters in Landi Kotal demanded the safe return of vehicles and drivers stranded in Afghanistan.
Explanation: The statement is incorrect because the suspension following the firing incident lasted only 12 hours, not several weeks. The other statements accurately reflect the security and logistical situation described in the report. [Source: https://www.dawn.com/news/1987201/repatriation-of-afghans-resumes-at-torkham-as-border-reopens, 31 Mar 2026]
#12138
The Illegal Foreigners Repatriation Plan (IFRP) process at Torkham was officially resumed on which date in 2026?
(a) March 28
(b) March 30
(c) March 31
(d) None of these
Explanation: The repatriation process under the IFRP was officially resumed on March 31, 2026, following successful flag meetings between security officials. The other dates provided do not correspond to the official resumption date mentioned in the event records. [Source: https://www.dawn.com/news/1987201/repatriation-of-afghans-resumes-at-torkham-as-border-reopens, 31 Mar 2026]
#12139
Nawaz Sharif returned to Pakistan on June 16, 2026, after spending three weeks in which two countries?
(a) Switzerland and Saudi Arabia
(b) United Kingdom and United Arab Emirates
(c) Turkey and Qatar
(d) China and Malaysia
Explanation: Nawaz Sharif returned to Lahore after a three-week visit to Switzerland and Saudi Arabia. The other options represent common travel destinations for Pakistani officials but are not the locations mentioned in this context. [Source: https://www.dawn.com/news/2008589/nawaz-urges-ajk-to-end-protests-sit-ins-and-engage-in-meaningful-dialogue-with-govt, 17 Jun 2026]
#12140
What was the peak price of high-speed diesel (HSD) per litre reached in Pakistan on April 3, 2026?
(a) Rs378.78
(b) Rs458.41
(c) Rs520.35
(d) None of these
Explanation: High-speed diesel reached its peak price of Rs520.35 per litre on April 3, 2026, during the height of the energy crisis. Rs458.41 was the peak price for petrol on the same date. [Source: https://www.dawn.com/news/2009236/pm-shehbaz-announces-reduction-in-prices-of-petrol-by-rs74-diesel-by-rs67, 19 Jun 2026]