July 2026 Edition

July 2026 Current Affairs MCQs & Solutions

Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.

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#1521

Which of the following statements regarding the 2026 AMD-Anthropic deal is INCORRECT?

(a) The deal involves the purchase of AI servers by Anthropic.
(b) The deal grants AMD a majority ownership stake in Anthropic.
(c) Anthropic will begin receiving the new chips in the first half of 2027.
(d) AMD's investment is contingent upon achieving deployment milestones.
Explanation: The deal is a strategic investment and hardware supply agreement; it does not grant AMD a majority ownership stake in Anthropic. The other three statements accurately reflect the terms reported in the agreement. [Source: https://www.dawn.com/news/2017572/amd-to-sell-anthropic-tens-of-billions-in-ai-servers-invest-up-to-5bn-in-startup, 22 Jul 2026]
#1522

What is the maximum investment amount AMD has pledged to Anthropic in the 2026 deal?

(a) 1 billion dollars
(b) 30 billion dollars
(c) 10 billion dollars
(d) 5 billion dollars
Explanation: AMD announced an investment of up to $5 billion in Anthropic, tied to the achievement of specific deployment milestones. The $30 billion figure refers to separate reported talks involving Nvidia and OpenAI. [Source: https://www.dawn.com/news/2017572/amd-to-sell-anthropic-tens-of-billions-in-ai-servers-invest-up-to-5bn-in-startup, 22 Jul 2026]
#1523

Consider the following statements about the Prime Minister’s Office System (PMOS): 1. It was launched on July 22, 2026. 2. It is designed to manage the lifecycle of directives from issuance to post-implementation review. 3. It is mandatory for all federal ministries and divisions to adopt the system. 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 launch details provided. The system was launched on the specified date, covers the full lifecycle of directives, and is a mandatory requirement for federal entities. [Source: https://www.brecorder.com/news/40431190/ai-powered-monitoring-system-pm-launches-pmos-to-manage-complete-lifecycle-of-directives, 22 Jul 2026]
#1524

Which specific chip model is Anthropic planning to purchase from AMD as part of the 2026 agreement?

(a) Instinct MI300
(b) Instinct MI450
(c) Instinct MI500
(d) None of these
Explanation: Anthropic has committed to purchasing two gigawatts of AMD's latest-generation Instinct MI450 chips. The MI300 is an older architecture, and the MI500 is not the model specified in the agreement. [Source: https://www.dawn.com/news/2017572/amd-to-sell-anthropic-tens-of-billions-in-ai-servers-invest-up-to-5bn-in-startup, 22 Jul 2026]
#1525

Which of the following statements regarding the 2026 International Mathematical Olympiad is INCORRECT?

(a) Only one AI lab successfully achieved a perfect score at the 2026 competition.
(b) AI models were provided with the competition problems only after human contestants had completed the exam.
(c) The AI solutions were graded by the same official process used for human participants.
(d) Human intervention was strictly prohibited during the AI testing process.
Explanation: The statement that only one AI lab achieved a perfect score is incorrect because both Huawei and Xiaohongshu announced that their respective models achieved 100 percent. The other three statements accurately describe the testing and grading protocols followed during the event. [Source: https://www.dawn.com/news/2017757/ai-catches-up-with-humans-to-score-100pc-at-top-maths-contest, 23 Jul 2026]
#1526

The S&P/ASX 200 index closed at which of the following levels on July 24, 2026?

(a) 8,783.9 points
(b) 13,768.9 points
(c) 19,849.0 points
(d) 72,192.0 points
Explanation: The S&P/ASX 200 index was reported at 8,783.9 points. The other figures represent different indices like the S&P/NZX 50 or local market indicators. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#1527

Which of the following statements regarding the Australian market performance on July 24, 2026, is INCORRECT?

(a) The S&P/ASX 200 index was on track for a third consecutive weekly loss.
(b) Gold miners lost as much as 3.1% as bullion prices retreated.
(c) The mining sub-index was poised for its worst weekly gain in history.
(d) Technology stocks hit their lowest level since mid-April.
Explanation: The mining sub-index was actually poised for its strongest weekly gain since about eight weeks ago, not its worst. The other statements accurately reflect the market conditions described. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#1528

What was the primary reason for the decline in Australian technology stocks on July 24, 2026?

(a) Concerns over heavy AI spending by US tech heavyweights
(b) New domestic regulations on software exports
(c) A sudden rise in interest rates by the Reserve Bank of Australia
(d) None of these
Explanation: Technology stocks fell due to concerns raised by the quarterly results of US tech heavyweights regarding high cash burn for artificial intelligence. This sentiment negatively impacted Australian tech players like Xero and WiseTech Global. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#1529

Consider the following statements about the Australian market conditions on July 24, 2026: 1. The S&P/ASX 200 index recorded a decline of 0.6%. 2. Energy stocks were bolstered by oil prices exceeding $100 per barrel. 3. The Trump administration announced new tariffs on 60 trading partners including Australia. 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: the index fell by 0.6%, energy stocks rose due to oil prices topping $100, and the US administration announced new tariffs on 60 trading partners including Australia. [Source: https://www.brecorder.com/news/40431620/australian-shares-on-track-for-third-weekly-loss-as-miners-tech-weigh, 24 Jul 2026]
#1530

According to the CME FedWatch tool, what is the approximate market-priced probability of a Federal Reserve rate hike as of July 24, 2026?

(a) 33 percent
(b) 25 percent
(c) 12 percent
(d) 50 percent
Explanation: Markets are pricing in a roughly one-in-three chance (approximately 33%) of a rate hike, which represents an increase from the 12% probability observed a week earlier. [Source: https://www.brecorder.com/news/40431657/sampp-500-nasdaq-fall-as-investors-juggle-earnings-mideast-risks-and-tariffs, 24 Jul 2026]
#1531

Which of the following statements regarding the market conditions on July 24, 2026, is INCORRECT?

(a) The S&P 500 and Nasdaq were on track for a second straight weekly loss.
(b) The Dow Jones Industrial Average was set for a third consecutive week of declines.
(c) Oil prices surged above $100 a barrel on the preceding Thursday.
(d) Intel shares rose significantly following the announcement of upbeat quarterly results.
Explanation: Intel shares actually fell by 3.8% despite reporting quarterly profit and revenue that exceeded Wall Street estimates, making the statement about them rising incorrect. [Source: https://www.brecorder.com/news/40431657/sampp-500-nasdaq-fall-as-investors-juggle-earnings-mideast-risks-and-tariffs, 24 Jul 2026]
#1532

Consider the following statements about the market environment on July 24, 2026: 1. The Philadelphia SE Semiconductor index experienced a decline of 3.1%. 2. The Federal Reserve is expected to meet the following week to discuss monetary policy. 3. The U.S. military action against targets in Iran was a response to Houthi activities in Yemen. 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 provided report: the semiconductor index fell by 3.1%, the Fed is meeting the following week, and the U.S. strikes were linked to warnings regarding Iran and its Houthi allies. [Source: https://www.brecorder.com/news/40431657/sampp-500-nasdaq-fall-as-investors-juggle-earnings-mideast-risks-and-tariffs, 24 Jul 2026]
#1533

In which city was the lawsuit filed by Anthropic against the United States government on March 10, 2026?

(a) San Francisco
(b) Washington
(c) New York
(d) Los Angeles
Explanation: The complaint was filed in federal court located in San Francisco. While Washington is the seat of the federal government and the Pentagon, the legal action itself was initiated in the Northern District of California. [Source: https://www.dawn.com/news/1980425/anthropic-takes-us-govt-to-court-over-security-risk-designation, 10 Mar 2026]
#1534

According to the June 2026 Reuters/Ipsos poll, what percentage of Americans support the construction of a data center in their local community to support AI projects?

(a) 66 percent
(b) 33 percent
(c) 50 percent
(d) 14 percent
Explanation: The poll indicated that only 14 percent of respondents support the construction of data centers in their communities. While 33 percent of Americans approve of the overall pace of construction, the specific support for local projects is significantly lower. [Source: https://www.dawn.com/news/2016593/data-centre-protests-held-across-us-as-backlash-grows, 19 Jul 2026]
#1535

On July 19, 2026, protests against data center expansion were coordinated by which grassroots organization?

(a) HumansFirst
(b) Data Centre Coalition
(c) Tech Accountability Watch
(d) None of these
Explanation: The protests were organized by HumansFirst, a grassroots group co-founded by Amy Kremer. The Data Centre Coalition is an industry lobbying group, not the protest organizer. [Source: https://www.dawn.com/news/2016593/data-centre-protests-held-across-us-as-backlash-grows, 19 Jul 2026]
#1536

Consider the following statements about the Sky47 project: 1. It serves as a landmark achievement for Pakistan's technological capabilities. 2. The project was inaugurated by the Prime Minister on July 24, 2026. 3. The government intends to limit AI infrastructure development exclusively to Islamabad. 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. Statement 3 is incorrect because the government explicitly announced plans to expand similar infrastructure to other major cities like Karachi and Lahore. [Source: https://www.brecorder.com/news/40431665/pm-shehbaz-inaugurates-pakistans-largest-data-centre-ai-cloud-sky47-in-islamabad, 24 Jul 2026]
#1537

According to the policy directive issued in 2026, what is the primary objective of integrating AI into government administration?

(a) To replace all human decision-makers with automated algorithms
(b) To reduce reliance on paper-based processes and handwritten notes
(c) To privatize all public sector record-keeping departments
(d) None of these
Explanation: The initiative specifically targets the replacement of slow-moving, paper-based workflows with digital systems. Option A is incorrect because the policy emphasizes that AI should support, not replace, human judgment. [Source: https://www.dawn.com/news/2018439/ai-in-government, 26 Jul 2026]
#1538

On July 26, 2026, which office announced the introduction of an AI-powered digital system to replace paper-based processes?

(a) The Prime Minister's Office
(b) The Ministry of Information Technology
(c) The Cabinet Division
(d) The Establishment Division
Explanation: The Prime Minister's Office issued the directive to transition government ministries toward digital workflows to improve administrative efficiency. The other options represent departments that might implement such policies but were not the primary source of this specific announcement. [Source: https://www.dawn.com/news/2018439/ai-in-government, 26 Jul 2026]
#1539

Consider the following statements about the 2026 AI integration initiative in Pakistan: 1. The initiative aims to replace paper-based workflows with digital systems. 2. AI is intended to replace the need for human oversight in all administrative decisions. 3. The success of the initiative is measured by the quality of service delivery rather than just the adoption of new tools. 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 reflects the core directive. Statement 2 is incorrect because the policy mandates that AI must remain subject to human oversight. Statement 3 is correct as the policy emphasizes measurable improvements in service delivery over mere technological adoption. [Source: https://www.dawn.com/news/2018439/ai-in-government, 26 Jul 2026]
#1540

What is the target valuation for The Boring Company in the funding negotiations reported on 2026-07-26?

(a) $5.7 billion
(b) $10 billion
(c) $25 billion
(d) $20 billion
Explanation: The Boring Company is in talks to raise funding that would bring its valuation to approximately $20 billion. The $5.7 billion figure represents the company's previous valuation from 2022. [Source: https://www.dawn.com/news/2018386/elon-musks-firm-eyes-20-billion-valuation, 26 Jul 2026]