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.
#13981
Which of the following factors is NOT cited as a primary risk or drag on Thailand's manufacturing production in the June 2026 report?
(a) Volatile energy costs
(b) Increased freight expenses
(c) Prolonged Middle East conflict
(d) Domestic labor shortages
Explanation: The report identifies energy costs, freight expenses, and Middle East tensions as primary risks. Domestic labor shortages are not mentioned as a factor in the June 2026 industrial performance report. [Source: https://www.brecorder.com/news/40431970/thai-june-factory-output-falls-31-yy-weaker-than-forecast, 27 Jul 2026]
#13982
Consider the following statements about the HDFC Bank governance review: 1. The internal review found that the deposit pricing practices were in full compliance with all central bank regulations. 2. The bank's stock performance has underperformed compared to the Nifty 50 index so far in 2026. 3. The reappointment of CEO Sashidhar Jagdishan faced delays linked to the ongoing regulatory review. 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 false because the review found the practices were in violation of central bank rules, not in compliance. Statements 2 and 3 are factually accurate based on the reported market performance and the regulatory approval process for the CEO. [Source: https://www.brecorder.com/news/40432017/indias-hdfc-bank-finds-no-improper-motive-in-deposit-pricing-review-penalises-executives, 27 Jul 2026]
#13983
Consider the following statements about the current economic environment as of March 10, 2026: 1. Gold prices are inversely related to the strength of the US dollar. 2. A potential de-escalation in the Middle East has led to a decrease in oil prices. 3. The Federal Reserve is expected to raise interest rates significantly at the March 18 meeting. 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 gold prices rise when the dollar weakens, and oil prices fell due to de-escalation news. Statement 3 is incorrect because investors expect the Fed to keep rates steady, not raise them significantly. [Source: https://www.dawn.com/news/1980485/gold-gains-on-weaker-dollar-easing-inflation-concerns, 10 Mar 2026]
#13984
What was the primary reason for the recent decline in Brent crude oil prices as of July 27, 2026?
(a) A global surplus in oil production
(b) A tentative truce between the US and Iran
(c) A significant drop in global industrial demand
(d) None of these
Explanation: Brent crude fell by more than 4% due to a tentative truce between the US and Iran, which halted a series of retaliatory attacks. This de-escalation reduced the geopolitical risk premium that had previously pushed oil prices above $100 per barrel. [Source: https://www.brecorder.com/news/40431973/copper-gains-on-mideast-de-escalation-oil-price-drop, 27 Jul 2026]
#13985
Which policy was introduced for government offices on Fridays as part of the 2026 austerity measures?
(a) Complete closure of all offices
(b) Mandatory attendance at government buildings
(c) Half-day operations for all departments
(d) Work from home for government officials
Explanation: The government clarified that offices will not stop functioning on Fridays; instead, officials are required to work from home. This measure is intended to maintain administrative continuity while reducing operational costs. [Source: https://www.dawn.com/news/1980528/sindh-schools-to-close-from-march-16-31-friday-to-be-wfh-for-govt-offices-as-part-of-austerity-measures, 10 Mar 2026]
#13986
Which of the following is NOT a component of the austerity measures announced by the Sindh government in March 2026?
(a) Immediate privatization of all provincial government departments
(b) Ban on holding Iftar parties on government expenditure
(c) Reduction of fuel for official vehicles by 50 percent
(d) Restriction of official foreign travel to Economy Class
Explanation: The government did not announce the privatization of departments; rather, it focused on cutting operational costs such as travel, fuel, and event expenses. The other three options are verified components of the announced austerity package. [Source: https://www.dawn.com/news/1980528/sindh-schools-to-close-from-march-16-31-friday-to-be-wfh-for-govt-offices-as-part-of-austerity-measures, 10 Mar 2026]
#13987
Consider the following statements about Thailand's industrial performance in June 2026: 1. The manufacturing production index fell by 3.1% year-on-year. 2. Market analysts had forecasted a growth of 0.2% for the month. 3. Palm oil production experienced a decline of 7.55% year-on-year. 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. Statement 3 is incorrect because palm oil production fell by 33.2%, while the 7.55% figure refers to the decline in automobile production. [Source: https://www.brecorder.com/news/40431970/thai-june-factory-output-falls-31-yy-weaker-than-forecast, 27 Jul 2026]
#13988
What was the primary trigger for the temporary suspension of trading at the PSX on March 9, 2026?
(a) A 5 percent decline in the KSE-30 index
(b) A 6.99 percent decline in the KSE-100 index
(c) A 10 percent decline in the KSE-All Share index
(d) None of these
Explanation: According to PSX regulations, a market halt is triggered when the KSE-30 index falls by 5 percent from the previous day's close. This specific regulatory threshold was reached at 9:20am, leading to the suspension of equity-based markets. [Source: https://www.dawn.com/news/1980057/bloodbath-at-psx-as-kse-100-slides-over-11000-points, 09 Mar 2026]
#13989
Consider the following statements about the global commodity market as of July 27, 2026: 1. High energy prices are generally associated with increased inflation expectations and higher interest rates. 2. Copper is considered a growth-dependent commodity that can be negatively impacted by high interest rates. 3. The US dollar index has a negligible impact on the pricing of commodities traded in the greenback. 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 standard economic relationships between energy costs, interest rates, and industrial demand. Statement 3 is incorrect because the US dollar index has a significant inverse relationship with commodity prices; a weaker dollar typically makes commodities cheaper for foreign buyers, thereby supporting prices. [Source: https://www.brecorder.com/news/40431973/copper-gains-on-mideast-de-escalation-oil-price-drop, 27 Jul 2026]
#13990
The 2600 MHz frequency band, which saw heavy competition during the 2026 auction, was subject to a price increase of what percentage over its base price?
(a) Ten per cent
(b) Five per cent
(c) Fifteen per cent
(d) Twenty per cent
Explanation: The Pakistan Telecommunication Authority (PTA) decided to increase the bid price of the 2600 MHz band by five per cent of its base price to manage the high demand. [Source: https://www.dawn.com/news/1980473/faster-cheaper-better-480mhz-sold-for-507m-as-5g-spectrum-auction-concludes, 10 Mar 2026]
#13991
Consider the following statements about the austerity measures announced by the Sindh government in March 2026: 1. Colleges and universities are directed to switch to online classes during the vacation period. 2. The government has imposed a complete ban on the purchase of all new vehicles, including ambulances. 3. Security protocols are being withdrawn from individuals who were utilizing them unnecessarily, such as former caretaker ministers. 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 higher education institutions are moving to online classes. Statement 3 is correct regarding the withdrawal of unnecessary security. Statement 2 is incorrect because the ban on new vehicles includes an exception for necessary items such as ambulances and law and order vehicles. [Source: https://www.dawn.com/news/1980528/sindh-schools-to-close-from-march-16-31-friday-to-be-wfh-for-govt-offices-as-part-of-austerity-measures, 10 Mar 2026]
#13992
Consider the following statements about the 5G spectrum auction held in 2026: 1. The auction was conducted in three rounds of bidding. 2. All participating telecom companies were required to acquire at least 100 MHz of spectrum. 3. The 700 MHz band was acquired by Zong to expand services in rural areas. 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. Statement 3 is incorrect because it was Jazz, not Zong, that acquired the 700 MHz spectrum to expand services in rural and sparsely populated areas. [Source: https://www.dawn.com/news/1980473/faster-cheaper-better-480mhz-sold-for-507m-as-5g-spectrum-auction-concludes, 10 Mar 2026]
#13993
Global oil prices surged by approximately what percentage on March 9, 2026?
(a) 15 percent
(b) 25 percent
(c) 20 percent
(d) 30 percent
Explanation: Global oil prices surged by approximately 25 percent on March 9, 2026, reaching their highest levels since mid-2022. This surge was a primary factor contributing to the negative investor sentiment and the subsequent market sell-off. [Source: https://www.dawn.com/news/1980057/bloodbath-at-psx-as-kse-100-slides-over-11000-points, 09 Mar 2026]
#13994
What was the total amount generated by the government through the 5G spectrum auction concluded on March 10, 2026?
(a) $480 million
(b) $507 million
(c) $700 million
(d) None of these
Explanation: The government successfully auctioned 480 megahertz of spectrum, which generated a total revenue of $507 million. Option A is incorrect as it confuses the megahertz quantity with the dollar value. [Source: https://www.dawn.com/news/1980473/faster-cheaper-better-480mhz-sold-for-507m-as-5g-spectrum-auction-concludes, 10 Mar 2026]
#13995
Consider the following statements about the fuel conservation measures announced on March 9, 2026: 1. The KP government implemented a 50 percent work-from-home policy for government departments. 2. The Punjab government has completely banned the use of all security protocol vehicles for ministers. 3. The KP government has decided to ensure the supply of diesel to farmers for wheat harvesting.
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is correct as KP introduced a 50 percent work-from-home policy. Statement 2 is incorrect because Punjab restricted the use of protocol vehicles to one extra vehicle for security, rather than a total ban. Statement 3 is correct as the government explicitly vowed to ensure diesel supply for wheat harvesting. [Source: https://www.dawn.com/news/1980154/kp-cuts-fuel-allowance-for-govt-vehicles-punjab-and-balochistan-close-schools-amid-global-oil-crisis, 09 Mar 2026]
#13996
Who is the current Petroleum Minister of Pakistan as of July 27, 2026?
(a) Musadik Malik
(b) Khaleeq Kiani
(c) Abidullah Afridi
(d) Ali Pervaiz Malik
Explanation: Ali Pervaiz Malik is the Petroleum Minister who held discussions with the Oil Tankers Contractors Association. Abidullah Afridi is the president of the OTCA, not the minister. [Source: https://www.dawn.com/news/2018766/petroleum-minister-hints-at-fuel-price-relief-after-pakistans-oil-cargoes-clear-bab-al-mandeb, 27 Jul 2026]
#13997
Consider the following statements about the market events of March 9, 2026: 1. The KSE-100 index experienced a decline of 6.99 percent. 2. Trading was halted at 9:20am due to regulatory triggers. 3. The market recovered fully to its previous close before the end of the session. 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 index fell by 6.99 percent and the halt occurred at 9:20am. Statement 3 is incorrect because the market remained deep in the red at the closing bell despite a brief recovery attempt. [Source: https://www.dawn.com/news/1980057/bloodbath-at-psx-as-kse-100-slides-over-11000-points, 09 Mar 2026]
#13998
Which of the following statements regarding the 2026 5G spectrum auction is INCORRECT?
(a) Three telecom companies participated in the bidding process.
(b) The auction included the 3500 MHz frequency band.
(c) Jazz announced plans for 5G test trials at 180 towers.
(d) The government offered a total of 1000 MHz for auction.
Explanation: The government did not offer 1000 MHz; the total spectrum sold was 480 MHz, and the initial offering was significantly lower than 1000 MHz. The other statements are factually accurate based on the auction results. [Source: https://www.dawn.com/news/1980473/faster-cheaper-better-480mhz-sold-for-507m-as-5g-spectrum-auction-concludes, 10 Mar 2026]
#13999
Which of the following factors is NOT cited as a reason for the market rally on July 27, 2026?
(a) An immediate reduction in the SBP policy rate
(b) A sharp decline in global oil prices
(c) Easing geopolitical tensions in the Middle East
(d) Improved investor sentiment following a pause in combat
Explanation: The SBP maintained the policy rate at 11.5 percent rather than reducing it. Therefore, an immediate reduction in the policy rate is an incorrect statement regarding the events of that day. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#14000
Who is the current Chief Minister of Khyber Pakhtunkhwa as of March 9, 2026?
(a) Ali Amin Gandapur
(b) Sohail Afridi
(c) Pervez Khattak
(d) None of these
Explanation: Sohail Afridi is identified as the Chief Minister of Khyber Pakhtunkhwa in the official government announcements regarding the fuel conservation measures. Ali Amin Gandapur is a former Chief Minister, making him a plausible but incorrect distractor. [Source: https://www.dawn.com/news/1980154/kp-cuts-fuel-allowance-for-govt-vehicles-punjab-and-balochistan-close-schools-amid-global-oil-crisis, 09 Mar 2026]