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.
#13421
The official visit of the Pakistani CDF to Turkiye in 2026 was primarily aimed at strengthening which of the following?
(a) Economic trade agreements
(b) Strategic and defence cooperation
(c) Cultural exchange programs
(d) None of these
Explanation: The visit was explicitly stated by the military media wing to be aimed at strengthening strategic and defence cooperation. While economic ties are important, they were not the primary focus of this specific military-led visit. [Source: https://www.dawn.com/news/2015389/cdf-munir-meets-turkish-president-erdogan-armed-forces-chief-in-ankara-ispr, 14 Jul 2026]
#13422
Which prestigious award was conferred upon the Pakistani CDF by the Turkish General Staff in 2026?
(a) Medal of Military Merit
(b) Order of the Republic of Turkiye
(c) State Medal of Honour
(d) Turkish Armed Forces Distinguished Service Medal
Explanation: The Turkish Armed Forces Distinguished Service Medal was awarded to the CDF in recognition of his commitment to bolstering bilateral military cooperation. The other options are generic titles that do not represent the specific award mentioned in the official report. [Source: https://www.dawn.com/news/2015389/cdf-munir-meets-turkish-president-erdogan-armed-forces-chief-in-ankara-ispr, 14 Jul 2026]
#13423
Who is the current Chief of the Turkish General Staff that held a detailed meeting with the Pakistani CDF in 2026?
(a) General Metin Tokel
(b) General Selcuk Bayraktaroglu
(c) Yasar Guler
(d) None of these
Explanation: General Selcuk Bayraktaroglu is the Chief of the Turkish General Staff who hosted the Pakistani CDF. General Metin Tokel serves as the Commander of the Turkish Land Forces, while Yasar Guler is the Minister of National Defence. [Source: https://www.dawn.com/news/2015389/cdf-munir-meets-turkish-president-erdogan-armed-forces-chief-in-ankara-ispr, 14 Jul 2026]
#13424
Consider the following statements about the 2026 visit of the Pakistani CDF to Turkiye: 1. The visit included a meeting with the Commander of the Turkish Land Forces. 2. The discussions focused on regional security dynamics and professional matters. 3. The Turkish President received the CDF at the Istanbul airport. 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 the CDF met General Metin Tokel and discussed regional security. Statement 3 is incorrect because the President received the CDF at the Ankara airport, not Istanbul. [Source: https://www.dawn.com/news/2015389/cdf-munir-meets-turkish-president-erdogan-armed-forces-chief-in-ankara-ispr, 14 Jul 2026]
#13425
What is the primary revenue target for the petroleum levy that Pakistan aims to achieve as discussed with the IMF in 2026?
(a) Rs1.2 trillion
(b) Rs1.8 trillion
(c) Rs1.468 trillion
(d) Rs2.1 trillion
Explanation: The government informed the IMF that it is well-positioned to meet the petroleum levy target of Rs1.468 trillion. Other figures are incorrect estimates of the stated fiscal goal. [Source: https://www.dawn.com/news/1996451/govt-hikes-petrol-price-by-rs6-diesel-by-rs19, 30 Apr 2026]
#13426
Which political party boycotted the Sindh Assembly session during the presentation of the 2026-27 budget?
(a) Pakistan Tehreek-e-Insaf
(b) Muttahida Qaumi Movement-Pakistan
(c) Jamaat-e-Islami
(d) Grand Democratic Alliance
Explanation: Lawmakers from the Muttahida Qaumi Movement-Pakistan (MQM-P) boycotted the session, citing a lack of prior consultation. Other parties listed were not identified as the primary boycotting group in the assembly session. [Source: https://www.dawn.com/news/2008557/sindh-cm-murad-ali-shah-presents-rs356tr-budget-with-no-new-taxes-7pc-pay-raise, 17 Jun 2026]
#13427
All of the following are objectives or focus areas of the Finance Minister's visit to Washington in July 2026 EXCEPT:
(a) Discussing market access for Pakistani exports
(b) Exploring funding for infrastructure and energy projects
(c) Negotiating a broader economic partnership framework
(d) Finalizing a complete debt write-off for Pakistan
Explanation: The visit focused on trade, investment, and economic cooperation, including discussions on tariffs and project financing. There is no mention of a debt write-off, making it the incorrect statement among the options provided. [Source: https://www.dawn.com/news/2017217/us-technology-firm-proposes-refinery-modernisation-plan-for-pakistan-in-meeting-with-finance-minister, 21 Jul 2026]
#13428
What was the intraday high reached by the KSE-100 index on July 21, 2026?
(a) 176,133.56
(b) 177,370.45
(c) 178,370.45
(d) 179,370.45
Explanation: The KSE-100 index reached an intraday high of 178,370.45 points at 10:09am before experiencing profit-taking later in the session. The closing value was 176,133.56 points. [Source: https://www.dawn.com/news/2017214/psx-gains-1200-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#13429
Consider the following statements regarding the energy sector meeting held on May 2, 2026: 1. The Prime Minister directed authorities to prioritize relief for both industrial and domestic consumers. 2. The government is exploring the use of advanced technology to enhance digital facilities for bill payments. 3. The meeting concluded with a decision to immediately abolish all fixed charges on electricity bills. 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 Prime Minister's directives on consumer relief and digital modernization. Statement 3 is incorrect because the government did not announce the abolition of fixed charges, despite public suggestions. [Source: https://www.dawn.com/news/1996962/pm-shehbaz-orders-formulation-of-strategy-to-stabilise-electricity-tariffs, 02 May 2026]
#13430
Consider the following statements about the 2026 Pakistan-China Pharmaceutical and Healthcare B2B Investment Conference: 1. The conference was a two-day event held in Islamabad. 2. Over 200 Chinese companies participated in the event. 3. The conference included discussions on establishing local vaccine manufacturing facilities. 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 it was a two-day event in Islamabad. Statement 2 is incorrect because 146 Chinese companies participated, not over 200 (over 200 Pakistani companies participated). Statement 3 is correct as local vaccine production was a priority discussed at the conference. [Source: https://www.dawn.com/news/2016621/pakistan-china-pharma-conference-ends-with-850m-agreements, 19 Jul 2026]
#13431
What was the policy rate maintained by the State Bank of Pakistan as of June 15, 2026?
(a) 11.5 percent
(b) 10.5 percent
(c) 12.5 percent
(d) 13.5 percent
Explanation: The Monetary Policy Committee decided to keep the policy rate unchanged at 11.5 percent during its final review for FY26. This rate is maintained to guide inflation toward the medium-term target range. [Source: https://www.dawn.com/news/2008043/central-bank-keeps-policy-rate-unchanged-at-115pc, 15 Jun 2026]
#13432
Brent crude futures rose by what percentage on July 21, 2026, as hostilities in the Gulf intensified?
(a) 1.2 percent
(b) 1.8 percent
(c) 1.5 percent
(d) 2.0 percent
Explanation: Brent crude futures rose by $1.62, which corresponds to a 1.8 percent increase, reaching $90.84 a barrel. This rise occurred as early market optimism eroded due to continued regional hostilities. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#13433
What was the total turnover recorded at the Pakistan Stock Exchange on July 21, 2026?
(a) Rs 30.2 billion
(b) Rs 45.5 billion
(c) Rs 15.8 billion
(d) Rs 675.9 million
Explanation: The total turnover for the session was Rs 30.2 billion. The figure 675.9 million refers to the total volume of shares traded, not the monetary turnover. [Source: https://www.dawn.com/news/2017152/stocks-eke-out-gains-amid-extreme-volatility, 21 Jul 2026]
#13434
What is the primary objective of the refinery modernization plan discussed by the Finance Minister in July 2026?
(a) To reduce reliance on imported petroleum products
(b) To increase the export of crude oil to the United States
(c) To privatize all state-owned oil marketing companies
(d) To establish a new pipeline network to Central Asia
Explanation: The modernization plan aims to enhance domestic refining capacity, which directly contributes to reducing the country's heavy reliance on imported petroleum products. This is a strategic move to improve energy security and stabilize the national economy. [Source: https://www.dawn.com/news/2017217/us-technology-firm-proposes-refinery-modernisation-plan-for-pakistan-in-meeting-with-finance-minister, 21 Jul 2026]
#13435
Who currently serves as the Minister for Power in the federal cabinet as of May 2, 2026?
(a) Ahad Khan Cheema
(b) Sardar Awais Ahmed Khan Leghari
(c) Ali Pervaiz Malik
(d) Attaullah Tarar
Explanation: Sardar Awais Ahmed Khan Leghari is the Minister for Power. The other individuals listed hold different portfolios, such as Economic Affairs, Petroleum, and Information and Broadcasting. [Source: https://www.dawn.com/news/1996962/pm-shehbaz-orders-formulation-of-strategy-to-stabilise-electricity-tariffs, 02 May 2026]
#13436
Which of the following statements regarding the KSE-100 performance on July 21, 2026, is INCORRECT?
(a) The index opened the session in the green.
(b) The market experienced broad-based profit-taking in the latter half of the session.
(c) Investor sentiment remained cautious due to global energy market uncertainty.
(d) The index closed with a significant gain of over 2,000 points.
Explanation: The index closed with a marginal gain of only 205.83 points, not 2,000 points. The 2,442.72 point figure mentioned in reports refers to the initial surge, not the final closing gain. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#13437
What was the level of SBP foreign exchange reserves as of June 5, 2026?
(a) 17.2 billion dollars
(b) 16.2 billion dollars
(c) 15.2 billion dollars
(d) 18.2 billion dollars
Explanation: The SBP foreign exchange reserves reached $17.2 billion by June 5, 2026, following the successful completion of IMF reviews for the Extended Fund Facility and Resilience and Sustainability Facility. [Source: https://www.dawn.com/news/2008043/central-bank-keeps-policy-rate-unchanged-at-115pc, 15 Jun 2026]
#13438
Which US-based technology firm held a meeting with Finance Minister Muhammad Aurangzeb in July 2026 to discuss refinery modernization?
(a) General Electric
(b) Honeywell Technologies
(c) Caterpillar Inc.
(d) None of these
Explanation: The finance minister met with a delegation from Honeywell Technologies in Washington on July 20, 2026, to discuss upgrading Pakistan's refinery infrastructure. General Electric and Caterpillar are major industrial firms but were not the primary participants in this specific refinery modernization proposal. [Source: https://www.dawn.com/news/2017217/us-technology-firm-proposes-refinery-modernisation-plan-for-pakistan-in-meeting-with-finance-minister, 21 Jul 2026]
#13439
What percentage increase in salaries and pensions was announced for government employees in the 2026-27 budget?
(a) 5 percent
(b) 11 percent
(c) 9 percent
(d) 7 percent
Explanation: The government announced a 7 percent increase in salaries and pensions for its employees. The other percentages are incorrect distractors that do not reflect the approved fiscal policy. [Source: https://www.dawn.com/news/2008557/sindh-cm-murad-ali-shah-presents-rs356tr-budget-with-no-new-taxes-7pc-pay-raise, 17 Jun 2026]
#13440
What was the primary geopolitical factor influencing global oil price volatility on July 21, 2026?
(a) US-Iran diplomatic mediation efforts
(b) OPEC production quota adjustments
(c) Global supply chain disruptions in Asia
(d) Changes in US Federal Reserve interest rates
Explanation: Market volatility was driven by reports of mediation efforts between the US and Iran, contrasted against ongoing hostilities and threats of naval blockades in the Gulf. While other factors can influence oil, the specific context of this session was the US-Iran diplomatic situation. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]