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.
#14221
Match List I (Economic Indicator/Metric) with List II (Status/Value as of May 2026 report): 1. Total disbursements under two arrangements — a. 16 billion dollars 2. Foreign exchange reserves (Dec 2025) — b. 1.32 billion dollars 3. Latest IMF financing approval — c. 4.8 billion dollars 4. Foreign exchange reserves (June 2025) — d. 14.5 billion dollars
(a) 1-c, 2-a, 3-b, 4-d
(b) 1-b, 2-a, 3-c, 4-d
(c) 1-c, 2-d, 3-b, 4-a
(d) 1-a, 2-c, 3-b, 4-d
Explanation: The total disbursements under the EFF and RSF reached $4.8 billion, while the latest approval was $1.32 billion. Reserves grew from $14.5 billion in June 2025 to $16 billion in December 2025. [Source: https://www.dawn.com/news/1998725/imfs-executive-board-approves-12-billion-financing-for-pakistans-reform-programme, 08 May 2026]
#14222
Who led the Iranian delegation during the diplomatic talks held in Islamabad on April 11, 2026?
(a) Ishaq Dar
(b) Mohammad Bagher Ghalibaf
(c) Ayaz Sadiq
(d) Mohsin Naqvi
Explanation: Mohammad Bagher Ghalibaf, the Speaker of the Iranian Parliament, headed the Iranian delegation. Ishaq Dar and Ayaz Sadiq are Pakistani officials who facilitated the talks. [Source: https://www.dawn.com/news/1990743/stepping-stone-toward-durable-peace-pm-shehbaz-meets-us-vp-vance-as-islamabad-talks-commence, 11 Apr 2026]
#14223
Which Pakistani official led a delegation to Tehran in April 2026 as part of the mediation efforts between the US and Iran?
(a) The Foreign Minister
(b) The Chief of Army Staff
(c) The President of Pakistan
(d) None of these
Explanation: Field Marshal Asim Munir, the Chief of Army Staff, led the delegation to Tehran to facilitate the ongoing diplomatic mediation. The other options are incorrect as they do not reflect the specific leadership role mentioned in the diplomatic mission. [Source: https://www.dawn.com/news/1992383/trump-says-if-iran-deal-is-reached-and-signed-in-islamabad-i-might-go-there, 16 Apr 2026]
#14224
On April 17, 2026, which Iranian official announced that the Strait of Hormuz was open for commercial vessels?
(a) Abbas Araqchi
(b) Masoud Pezeshkian
(c) Mohammad Bagheri
(d) None of these
Explanation: Abbas Araqchi, the Iranian Foreign Minister, made the official announcement regarding the reopening of the Strait of Hormuz on April 17, 2026. The other individuals listed are not the Foreign Minister who issued this specific statement. [Source: https://www.dawn.com/news/1992627/iran-says-strait-of-hormuz-open-for-commercial-vessels-after-lebanon-deal, 17 Apr 2026]
#14225
Which sector specifically faced selling pressure on July 21, 2026, due to speculation regarding policy delays?
(a) Refinery stocks
(b) Textile manufacturing
(c) Cement production
(d) None of these
Explanation: Refinery stocks experienced significant selling pressure because of market speculation that the long-awaited refinery policy might face further delays. Other sectors like cement and textiles were actually expected to post strong earnings results. [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]
#14226
Consider the following statements about the astronomical forecast for Eidul Fitr 2026: 1. The Pakistan Meteorological Department predicted that Ramazan would likely last 30 days. 2. The new moon of Shawwal 1447 AH was expected to be born on March 19, 2026. 3. Suparco confirmed that the sighting of the crescent was guaranteed on March 19, 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 correct based on the provided data. Statement 3 is incorrect because Suparco explicitly stated that the chances of sighting the crescent on March 19 were low, not guaranteed. [Source: https://www.dawn.com/news/1980975/eidul-fitr-likely-to-fall-on-march-21-suparco, 11 Mar 2026]
#14227
Which critical maritime chokepoint was identified as the focus of US naval escort operations to ensure the continued flow of oil to global markets in March 2026?
(a) Strait of Malacca
(b) Strait of Hormuz
(c) Bab-el-Mandeb Strait
(d) None of these
Explanation: The Strait of Hormuz is the vital maritime passage mentioned in the context of US naval escort operations aimed at maintaining global energy stability. Other options like the Strait of Malacca are major chokepoints but were not the focus of the reported military activity. [Source: https://www.dawn.com/news/1980727/oil-plunges-15pc-amid-hopes-of-de-escalation, 11 Mar 2026]
#14228
Consider the following statements about the geopolitical situation in April 2026: 1. The US-Israeli conflict with Iran commenced in February 2026. 2. The United States prohibited Israel from further bombing in Lebanon. 3. The International Monetary Fund warned that a prolonged conflict could lead to a global recession. 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. The conflict began on February 28, 2026, the US issued a prohibition on further Israeli bombing in Lebanon, and the IMF issued warnings regarding the impact of the conflict on global economic growth. [Source: https://www.dawn.com/news/1992627/iran-says-strait-of-hormuz-open-for-commercial-vessels-after-lebanon-deal, 17 Apr 2026]
#14229
Consider the following statements about the market performance on July 21, 2026: 1. The KSE-100 index opened in the green before experiencing a sharp dip after 12pm. 2. Global oil prices initially fell due to reports of mediation efforts between the US and Iran. 3. The market closed in the red after failing to recover from the midday selling pressure.
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 and 2 are factually correct. Statement 3 is incorrect because the index actually closed in the green with a gain of 205.83 points, despite the midday volatility. [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]
#14230
Consider the following statements about the market conditions on July 21, 2026: 1. Brent crude futures rose by 1.8 per cent to $90.84 a barrel. 2. The US West Texas Intermediate (WTI) crude contract for September delivery rose by 1.8 per cent. 3. Investor sentiment was bolstered by optimism regarding the ongoing earnings season for oil and gas exploration companies. 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 accurate based on the market data reported for the session. Brent crude rose to $90.84, the September WTI contract rose by 1.8 per cent, and analysts specifically cited earnings optimism in the oil and gas sector as a supporting factor for investor sentiment. [Source: https://www.dawn.com/news/2017214/kse-100-makes-marginal-gains-as-global-energy-uncertainty-weighs-on-early-rally, 21 Jul 2026]
#14231
What was the approximate price level of Brent crude per barrel in Asian trade on July 27, 2026, following the reported decline?
(a) Below $85
(b) Above $102
(c) Exactly $98
(d) Below $93
Explanation: Brent crude prices fell to below $93 per barrel after the US and Iran paused strikes. The $102 figure refers to the peak price reached during the previous week of heightened tensions. [Source: https://www.brecorder.com/news/40431972/indian-bonds-rebound-as-easing-middle-east-tensions-drag-oil-lower, 27 Jul 2026]
#14232
The government-mandated austerity drive, as extended by the Prime Minister, is scheduled to remain in effect until which date in 2026?
(a) May 31, 2026
(b) June 30, 2026
(c) June 13, 2026
(d) July 13, 2026
Explanation: The Cabinet Division notification explicitly states that the additional austerity measures are extended until June 13, 2026. Other options represent adjacent months or dates that do not align with the official notification period. [Source: https://www.dawn.com/news/1999437/pm-extends-austerity-drive-till-june-13-to-deal-with-impact-of-middle-east-war, 11 May 2026]
#14233
What was the estimated age of the new moon at the time of sunset on March 19, 2026, according to Suparco?
(a) 12 hours and 41 minutes
(b) 10 hours and 20 minutes
(c) 14 hours and 15 minutes
(d) 16 hours and 30 minutes
Explanation: Suparco's technical assessment determined the age of the moon to be approximately 12 hours and 41 minutes at sunset on March 19, 2026. This age was considered insufficient for reliable sighting under standard conditions. [Source: https://www.dawn.com/news/1980975/eidul-fitr-likely-to-fall-on-march-21-suparco, 11 Mar 2026]
#14234
Which sector faced significant selling pressure on the PSX on July 21, 2026, due to policy uncertainty?
(a) Cement production
(b) Textile manufacturing
(c) Refinery stocks
(d) Oil and gas exploration
Explanation: Refinery stocks were specifically noted for bearing the brunt of selling pressure due to market speculation regarding potential delays in the implementation of the refinery policy. Other sectors like cement and textiles were actually highlighted as areas where investors expected strong earnings results. [Source: https://www.dawn.com/news/2017214/kse-100-makes-marginal-gains-as-global-energy-uncertainty-weighs-on-early-rally, 21 Jul 2026]
#14235
According to the revised schedule, which division is slated for the first phase of polling on July 27, 2026?
(a) Poonch division
(b) Muzaffarabad division
(c) Kotli division
(d) Mirpur division
Explanation: The AJK Election Commission designated the Mirpur division for the first phase of polling on July 27. Muzaffarabad and Poonch are scheduled for subsequent phases. [Source: https://www.dawn.com/news/2017254/ajk-election-commissioner-says-polls-to-be-held-in-three-phases-beginning-july-27, 21 Jul 2026]
#14236
Which of the following statements regarding the May 10, 2026, attack in Bannu is INCORRECT?
(a) The attack involved a vehicle laden with explosives.
(b) The rescue operation was concluded by Rescue 1122 on Sunday morning.
(c) The police post remained largely intact despite the intensity of the blast.
(d) Terrorists opened heavy fire following the initial explosion.
Explanation: The statement that the police post remained intact is false; reports confirm the post was completely destroyed by the powerful blast. The other statements accurately reflect the events of the attack. [Source: https://www.dawn.com/news/1999132/15-police-personnel-martyred-in-bannu-suicide-attack, 10 May 2026]
#14237
On May 8, 2026, the IMF Executive Board approved a financing package for Pakistan totaling:
(a) 1.10 billion dollars
(b) 1.32 billion dollars
(c) 4.80 billion dollars
(d) 16.0 billion dollars
Explanation: The IMF approved $1.32 billion in financing during the May 2026 review. While $4.8 billion represents the total cumulative disbursements under the current arrangements, $1.32 billion is the specific amount approved in this tranche. [Source: https://www.dawn.com/news/1998725/imfs-executive-board-approves-12-billion-financing-for-pakistans-reform-programme, 08 May 2026]
#14238
Which of the following statements regarding the 2026 Shawwal moon sighting is INCORRECT?
(a) The new moon was expected to be born on March 19, 2026.
(b) Suparco predicted the chances of sighting the crescent on March 19 were low.
(c) The Central Ruet-e-Hilal Committee is not required to consider witness testimonies.
(d) The estimated interval between sunset and moonset was 28 minutes.
Explanation: The statement that the Central Ruet-e-Hilal Committee is not required to consider witness testimonies is false. The committee is explicitly mandated to make decisions based on credible witness testimonies and verified observations. [Source: https://www.dawn.com/news/1980975/eidul-fitr-likely-to-fall-on-march-21-suparco, 11 Mar 2026]
#14239
What was the primary geopolitical factor contributing to the rise in global oil prices on July 21, 2026?
(a) Sanctions on Russian energy exports
(b) Threats of a naval blockade by Yemen's Houthis
(c) OPEC production quota adjustments
(d) Disruption in the Suez Canal transit
Explanation: The rise in oil prices was attributed to continued hostilities in the Gulf and specific threats of a naval blockade of Saudi Arabia by Yemen's Houthi forces. This geopolitical instability directly impacted global energy market sentiment. [Source: https://www.dawn.com/news/2017214/kse-100-makes-marginal-gains-as-global-energy-uncertainty-weighs-on-early-rally, 21 Jul 2026]
#14240
Which official attended the July 16, 2026, meeting as the Governor of the State Bank of Pakistan?
(a) Tariq Bajwa
(b) Muhammad Aurangzeb
(c) Ahsan Iqbal
(d) Jameel Ahmad
Explanation: Jameel Ahmad is the Governor of the State Bank of Pakistan who attended the meeting. Muhammad Aurangzeb and Ahsan Iqbal were present as Federal Ministers, while Tariq Bajwa attended as a Special Assistant to the Prime Minister. [Source: https://www.dawn.com/news/2015941/pm-shehbaz-warns-renewed-us-iran-conflict-could-hit-economy-again, 16 Jul 2026]