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.
#13721
Consider the following statements about the fuel pricing situation in Pakistan as of July 2026: 1. Petrol prices are primarily influenced by the needs of private transport and small vehicles. 2. The government previously utilized a weekly revision cycle for fuel prices before moving to daily adjustments. 3. Monthly sales of kerosene are significantly higher than those of petrol and high-speed diesel. 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 they reflect the usage patterns and the shift in policy. Statement 3 is incorrect because kerosene demand is only 10,000 tonnes monthly, whereas petrol and diesel sales reach 700,000 to 800,000 tonnes. [Source: https://www.dawn.com/news/2017573/govt-increases-petrol-price-by-rs639-diesel-by-rs783-per-litre, 22 Jul 2026]
#13722
Which of the following statements regarding Pakistan's remittance inflows during the July-February period of FY26 is INCORRECT?
(a) Total remittances from Arab countries accounted for 53.3 percent of total inflows.
(b) Remittances from the United States were higher than those from the European Union.
(c) The UAE recorded a 12 percent increase in remittances to Pakistan.
(d) Remittances from the United Kingdom reached 4 billion dollars.
Explanation: The United States sent 2.3 billion dollars, whereas the European Union countries sent 3.5 billion dollars. Therefore, the statement that US inflows were higher is false. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]
#13723
Which financial institution in the United Arab Emirates reported a net profit of 5.72 billion dirhams for the second quarter of 2026?
(a) Emirates NBD
(b) First Abu Dhabi Bank
(c) Abu Dhabi Commercial Bank
(d) None of these
Explanation: First Abu Dhabi Bank (FAB) reported a net profit of 5.72 billion dirhams for the quarter ending June 30, 2026. Emirates NBD and Abu Dhabi Commercial Bank are also major lenders in the region but did not report this specific profit figure. [Source: https://www.brecorder.com/news/40431470/most-gulf-markets-gain-on-quarterly-earnings-but-geopolitical-risks-limit-upside, 23 Jul 2026]
#13724
Which of the following statements regarding India's e-commerce policy as of July 23, 2026, is INCORRECT?
(a) Foreign e-commerce companies are permitted to operate as marketplaces to connect buyers and sellers
(b) Foreign e-commerce companies are now fully permitted to sell goods directly to domestic consumers
(c) The government aims to facilitate greater exports through increased access to global markets
(d) Policy restrictions on foreign e-commerce have been a point of contention between New Delhi and Washington
Explanation: The government continues to prohibit foreign e-commerce companies from selling goods directly to domestic consumers to protect local brick-and-mortar retailers. Therefore, statement C is false. [Source: https://www.brecorder.com/news/40431461/india-relaxes-e-commerce-investment-rules-for-exports-in-win-for-amazon, 23 Jul 2026]
#13725
Which of the following is NOT a policy goal mentioned by the PPP Chairman for the people of AJK in 2026?
(a) Securing rights of governance
(b) Privatization of all public utilities
(c) Ensuring rights of ownership
(d) Securing rights of employment
Explanation: The PPP Chairman's manifesto focuses on governance, ownership, and employment rights. Privatization of public utilities was not mentioned as a policy goal in his address. [Source: https://www.brecorder.com/news/40431352/bilawal-says-ajk-election-crucial-for-kashmirs-future, 23 Jul 2026]
#13726
According to the CME Group’s FedWatch tool, investors expect the Federal Reserve to keep interest rates steady at their meeting on which date in 2026?
(a) April 12
(b) March 25
(c) April 05
(d) March 18
Explanation: Market participants anticipate the Federal Reserve will maintain current interest rates during their two-day meeting concluding on March 18, 2026. This expectation is based on data from the CME Group’s FedWatch tool. [Source: https://www.dawn.com/news/1980850/gold-edges-higher-on-safe-haven-demand-ahead-of-us-cpi-data, 11 Mar 2026]
#13727
Which political leader emphasized the inclusion of Kashmiri representatives in the National Finance Commission (NFC) during an election rally in 2026?
(a) Nawaz Sharif
(b) Bilawal Bhutto-Zardari
(c) Imran Khan
(d) None of these
Explanation: Bilawal Bhutto-Zardari, as the Chairman of the PPP, advocated for the inclusion of Kashmiri representatives in national policy forums like the NFC and the Council of Common Interests. Nawaz Sharif and Imran Khan were not the speakers at this specific AJK election rally. [Source: https://www.brecorder.com/news/40431352/bilawal-says-ajk-election-crucial-for-kashmirs-future, 23 Jul 2026]
#13728
Consider the following statements about the impact of Middle East tensions on global energy markets as of July 23, 2026: 1. Brent crude futures approached $99 a barrel in Asian trade. 2. The conflict has raised concerns regarding the closure of the Strait of Hormuz. 3. Brent crude prices have rallied 12% over the week ending July 23, 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: All three statements are factually accurate based on the report. Brent crude reached nearly $99, the Strait of Hormuz is a focal point for supply disruption fears, and the 12% weekly rally is confirmed. [Source: https://www.brecorder.com/news/40431465/indian-bonds-fall-for-third-session-as-oil-prices-near-100-a-barrel, 23 Jul 2026]
#13729
What was the total amount of remittances received by Pakistan in February 2026?
(a) 2.5 billion dollars
(b) 3.3 billion dollars
(c) 4.0 billion dollars
(d) None of these
Explanation: The State Bank of Pakistan reported that remittances remained steady in February 2026, totaling 3.3 billion dollars. This figure highlights the resilience of inflows despite the onset of regional conflict. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]
#13730
Consider the following statements about the political discourse in AJK as of July 2026: 1. The PPP Chairman advocated for a constitutional amendment to protect the rights of AJK people if a two-thirds majority is achieved. 2. Restrictions on internet services in AJK were criticized as being harmful to the local population. 3. The PPP Chairman suggested that decisions regarding the future of Kashmir should be made by authorities in Sindh or Punjab. 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 they reflect the Chairman's stated goals and criticisms. Statement 3 is incorrect because the Chairman explicitly stated that decisions should be made by Kashmiris, not by people from Sindh or Punjab. [Source: https://www.brecorder.com/news/40431352/bilawal-says-ajk-election-crucial-for-kashmirs-future, 23 Jul 2026]
#13731
Under which specific European Union legislation was Google fined 890 million euros in July 2026?
(a) General Data Protection Regulation (GDPR)
(b) Digital Services Act (DSA)
(c) Artificial Intelligence Act
(d) Digital Markets Act (DMA)
Explanation: The European Commission issued the fines specifically citing the Digital Markets Act (DMA), which aims to curb the market power of large technology firms. While the GDPR and DSA are other major EU regulatory frameworks, they were not the primary legal basis for these specific antitrust penalties. [Source: https://www.dawn.com/news/2017814/google-hit-with-1bn-eu-fine-in-constructive-talks-to-avoid-more-penalties, 23 Jul 2026]
#13732
Which country was the largest source of remittances for Pakistan during the July-February period of FY26?
(a) United Arab Emirates
(b) United Kingdom
(c) United States
(d) Saudi Arabia
Explanation: Saudi Arabia remained the top source of remittances, contributing 6.163 billion dollars during the first eight months of FY26. The UAE followed as the second-largest source. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]
#13733
Consider the following statements about Pakistan's economic situation as of March 2026: 1. The total remittance inflow for the first eight months of FY26 was 26.5 billion dollars. 2. Saudi Aramco has reportedly reduced its oil production to about half capacity due to the Strait of Hormuz blockage. 3. The government expects to receive 50 billion dollars in total remittances during the full fiscal year 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: Statements 1 and 2 are factually accurate based on the report. Statement 3 is incorrect because the expected total for FY26 is 40 billion dollars, not 50 billion. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]
#13734
Arrange the following events in the order of their contextual development within the July 2026 week: I. Notification of the new tax regime for small shopkeepers. II. Launch of the 45km Green Railway Corridor project in Punjab. III. Onset of the new monsoon spell leading to a roof collapse in Lahore. IV. Announcement of mandatory screening legislation for HIV/Hepatitis.
(a) I, II, IV, III
(b) II, I, III, IV
(c) III, IV, II, I
(d) IV, III, I, II
Explanation: The order is established based on the implementation of economic policy (I), the inauguration of infrastructure projects (II), the introduction of legislative policy (IV), and the environmental impact of the weather shift (III) as reported on July 29. [Source: https://www.dawn.com/news/2019158/fbr-notifies-new-tax-regime-for-small-shopkeepers]
#13735
Who chaired the Senate Standing Committee meeting held on 2026-07-23 regarding the payment of dues to former Pak PWD employees?
(a) Senator Nasir Mehmood
(b) Senator Ishaq Dar
(c) Senator Mushahid Hussain
(d) None of these
Explanation: Senator Nasir Mehmood chaired the Senate Standing Committee on Housing and Works during the session held on 2026-07-23. The committee focused on the administrative delays affecting the financial entitlements of former Pak PWD staff. [Source: https://www.brecorder.com/news/40431367/salaries-payment-dues-of-ex-pak-pwd-employees-senate-body-concerned-over-delays, 23 Jul 2026]
#13736
Regarding the evolving landscape of governance and security in Pakistan as of July 30, 2026, consider the following statements:
(a) Only 1 and 2 are correct.
(b) Only 2 and 3 are correct.
(c) Only 1 and 3 are correct.
(d) All statements are correct.
Explanation: Statement 1 is accurate as federal internal security challenges remain high following the Hangu attack; statement 2 reflects the Punjab Revenue Authority's focus on digital taxation through EIMS; and statement 3 correctly identifies the ongoing parliamentary critique surrounding the 27th Constitutional Amendment. All these events reflect contemporary governance challenges in Pakistan. [Source: https://www.dawn.com/news/2019442/9-cops-martyred-28-injured-as-police-checkpost-comes-under-attack-in-kps-hangu]
#13737
Which of the following statements regarding the Senate Committee's findings on 2026-07-23 is INCORRECT?
(a) All 20,024 adjusted employees have received their full salary arrears as of the committee meeting.
(b) The Ministry of Finance issued letters for the clearance of outstanding salary arrears.
(c) The committee expressed concern over delays in salary payments to former Pak PWD employees.
(d) The committee chairman directed officials to avoid misleading the panel with repeated assurances.
Explanation: Statement C is incorrect because the report explicitly states that many employees are still awaiting payment of salaries and arrears, despite their adjustment. The other statements accurately reflect the proceedings of the committee meeting. [Source: https://www.brecorder.com/news/40431367/salaries-payment-dues-of-ex-pak-pwd-employees-senate-body-concerned-over-delays, 23 Jul 2026]
#13738
The decline in US stock markets on July 23, 2026, was primarily attributed to rising oil prices and which of the following factors?
(a) Disappointing corporate earnings in the tech sector
(b) Unexpected interest rate hikes by the Federal Reserve
(c) A sudden collapse in global semiconductor demand
(d) None of these
Explanation: The market downturn was driven by the dual impact of surging energy costs and investor skepticism regarding tech sector earnings, specifically from Alphabet and Tesla. Interest rate hikes were not mentioned as a factor in this specific market event. [Source: https://www.brecorder.com/news/40431469/us-stocks-tumble-as-brent-oil-tops-100, 23 Jul 2026]
#13739
What was the benchmark three-month copper price per metric ton on the London Metal Exchange on July 23, 2026?
(a) $12,550.25
(b) $14,890.75
(c) $13,725.50
(d) $15,210.00
Explanation: The benchmark three-month copper price was recorded at $13,725.50 per metric ton on the LME on July 23, 2026. This figure reflects the market adjustment following the rise in global oil prices. [Source: https://www.brecorder.com/news/40431447/copper-dips-as-soaring-oil-prices-weigh-on-economic-outlook, 23 Jul 2026]
#13740
As of July 23, 2026, the available LME copper stocks were at their lowest level since which month?
(a) January 2026
(b) March 2026
(c) May 2026
(d) June 2026
Explanation: Available LME copper stocks were reported at 107,850 tons, which represents the lowest inventory level since January 2026. This scarcity of supply has provided some support to copper prices despite broader economic headwinds. [Source: https://www.brecorder.com/news/40431447/copper-dips-as-soaring-oil-prices-weigh-on-economic-outlook, 23 Jul 2026]