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.
#16601
Who is the current Petroleum Minister of Pakistan as of April 2026?
(a) Muhammad Aurangzeb
(b) Ali Pervaiz Malik
(c) Bilal Yaseen
(d) None of these
Explanation: Ali Pervaiz Malik serves as the Petroleum Minister, while Muhammad Aurangzeb serves as the Finance Minister. The distinction is critical for identifying the officials responsible for economic and energy policy announcements. [Source: https://www.dawn.com/news/1992656/govt-slashes-diesel-price-by-rs32, 17 Apr 2026]
#16602
Which of the following statements regarding the PSX market performance on July 21, 2026, is INCORRECT?
(a) The KSE-100 index closed in positive territory.
(b) The index opened the session with a gain of over 1,000 points.
(c) The market experienced a wide intraday range of 2,493 points.
(d) Banking and refinery stocks helped erase sharp intraday losses.
Explanation: The market actually opened on a depressed note, with the benchmark index opening nearly 2,000 points lower, not higher. Therefore, statement C is factually false. [Source: https://www.dawn.com/news/2017152/stocks-eke-out-gains-amid-extreme-volatility, 21 Jul 2026]
#16603
Consider the following statements about the AJK election campaign activities: 1. The election process is scheduled to begin on July 27, 2026. 2. Nawaz Sharif promised to increase the AJK budget by 10 times compared to his previous tenure. 3. The PML-N leadership stated that the governance model being applied in Punjab should be replicated in AJK. 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 campaign launch event. The election start date, the budget increase pledge, and the replication of the Punjab governance model were all highlighted by the party leadership. [Source: https://www.dawn.com/news/2017265/pml-n-supremo-nawaz-kicks-off-partys-election-campaign-in-ajk, 21 Jul 2026]
#16604
Which of the following is NOT a topic discussed during the high-level security consultations in Islamabad on July 21, 2026?
(a) Effective border management
(b) Regional and bilateral security
(c) Nuclear energy cooperation
(d) De-escalation of regional tensions
Explanation: The official reports confirm discussions on border management, regional security, and de-escalation efforts. Nuclear energy cooperation was not mentioned as part of the security consultations between the two interior ministries. [Source: https://www.dawn.com/news/2017273/iranian-interior-minister-meets-pm-shehbaz-cdf-munir-in-islamabad, 21 Jul 2026]
#16605
Which of the following statements regarding the May 13, 2026, operation in Barkhan is INCORRECT?
(a) The operation was conducted in the Nosham area.
(b) A major-ranked officer was among those martyred.
(c) The operation was carried out solely by the local police force.
(d) Seven terrorists were killed during the exchange of fire.
Explanation: The operation was a joint effort by the Pakistan Army and the Frontier Corps, not the local police. The other statements accurately reflect the details provided by the ISPR. [Source: https://www.dawn.com/news/1999982/major-among-five-soldiers-martyred-during-operation-in-balochistans-barkhan-ispr, 13 May 2026]
#16606
Finance Minister Muhammad Aurangzeb arrived in Washington on July 19, 2026, for a visit lasting how many days?
(a) Three days
(b) Two days
(c) Four days
(d) Five days
Explanation: The Finance Minister arrived on July 19, 2026, for a scheduled three-day diplomatic visit to engage with US officials on trade and investment. This duration is explicitly stated in the official reporting of his itinerary. [Source: https://www.dawn.com/news/2016679/finance-minister-aurangzeb-arrives-in-us-on-3-day-visit-expected-to-hold-talks-on-trade-finance-investment, 19 Jul 2026]
#16607
According to the Prime Minister's address on March 27, 2026, what is the total financial burden the federal government has borne over a three-week period to subsidize fuel prices?
(a) Rs 56 billion
(b) Rs 100 billion
(c) Rs 150 billion
(d) Rs 125 billion
Explanation: The government reported a cumulative fiscal burden of Rs 125 billion over three weeks to maintain current fuel prices. Rs 56 billion refers specifically to the burden borne during the week of the announcement. [Source: https://www.dawn.com/news/1985954/pm-shehbaz-again-rejects-increase-in-petrol-diesel-prices, 27 Mar 2026]
#16608
Match List I (Event/Entity) with List II (Context/Detail): 1. March 6, 2026 — a. Date of strike postponement announcement 2. March 13, 2026 — b. Date of initial strike announcement 3. March 25, 2026 — c. Date of price hike announcement 4. 800cc — d. Vehicle engine capacity threshold
(a) 1-c, 2-b, 3-a, 4-d
(b) 1-b, 2-c, 3-a, 4-d
(c) 1-c, 2-a, 3-b, 4-d
(d) 1-d, 2-b, 3-a, 4-c
Explanation: The price hike occurred on March 6, the strike was announced on March 13, the postponement was announced on March 25, and 800cc is the engine capacity threshold for the proposed quota system. [Source: https://www.dawn.com/news/1985299/petroleum-dealers-postpone-strike-in-light-of-middle-east-conflict, 25 Mar 2026]
#16609
Which of the following statements regarding the fuel price adjustments in April 2026 is INCORRECT?
(a) The government reduced the price of diesel by Rs32.12 per litre.
(b) The government announced a reduction in the price of petrol by Rs55 per litre on April 17, 2026.
(c) The Prime Minister's Office issued the statement regarding the diesel price reduction.
(d) High-speed diesel is used for large generators.
Explanation: The statement regarding a Rs55 reduction in petrol on April 17, 2026, is incorrect. The government only announced a reduction in diesel prices on that date, and the Rs55 figure refers to a previous price hike event. [Source: https://www.dawn.com/news/1992656/govt-slashes-diesel-price-by-rs32, 17 Apr 2026]
#16610
Which of the following individuals did NOT attend the meeting chaired by the Prime Minister on July 16, 2026?
(a) Ahsan Iqbal
(b) Muhammad Aurangzeb
(c) Bilal Azhar Kayani
(d) None of these
Explanation: All three individuals listed (Ahsan Iqbal, Muhammad Aurangzeb, and Bilal Azhar Kayani) were explicitly mentioned as attendees of the meeting. Therefore, 'None of these' is the correct answer as there is no false option provided. [Source: https://www.dawn.com/news/2015941/pm-shehbaz-warns-renewed-us-iran-conflict-could-hit-economy-again, 16 Jul 2026]
#16611
What is the maturity period of the inaugural Panda bond issued by Pakistan on May 14, 2026?
(a) One year
(b) Three years
(c) Five years
(d) Ten years
Explanation: The inaugural Panda bond is a fixed-rate instrument with a three-year maturity. This duration is a standard feature for initial sovereign entries into the Chinese onshore market. [Source: https://www.dawn.com/news/2000249/pakistan-raises-250m-equivalent-in-inaugural-panda-bond-issuance, 14 May 2026]
#16612
Consider the following statements regarding the government's fiscal policy announced on March 27, 2026: 1. The government reduced the development budget by Rs 100 billion to accommodate fuel subsidies. 2. The current market price of petrol in Pakistan is higher than the international market rate. 3. The Prime Minister urged citizens to adopt austerity measures in their daily travel habits.
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All three
Explanation: Statement 1 is correct regarding the budget cut. Statement 2 is incorrect because the government is subsidizing the price, meaning the domestic price is significantly lower than the international market rate. Statement 3 is correct as the Prime Minister explicitly requested citizens to reconsider travel necessity. [Source: https://www.dawn.com/news/1985954/pm-shehbaz-again-rejects-increase-in-petrol-diesel-prices, 27 Mar 2026]
#16613
What is the total allocation for the health sector in the Sindh budget for 2026-27?
(a) Rs402 billion
(b) Rs302 billion
(c) Rs502 billion
(d) Rs602 billion
Explanation: The health sector received an allocation of Rs402 billion to improve medical services. The other options are incorrect numerical values that do not match the official budgetary data. [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]
#16614
How much has been allocated for law and order in the Punjab budget for the fiscal year 2026-27?
(a) Rs152 billion
(b) Rs202 billion
(c) Rs252 billion
(d) Rs302 billion
Explanation: The government allocated Rs252 billion for law and order, which includes funding for police stations in riverine areas and crime scene units. Other options represent incorrect budgetary allocations. [Source: https://www.dawn.com/news/2008300/punjab-finance-minister-presents-people-friendly-budget-in-assembly, 16 Jun 2026]
#16615
What is the total volume of the Punjab provincial budget for the fiscal year 2026-27?
(a) Rs5.9 trillion
(b) Rs4.9 trillion
(c) Rs6.9 trillion
(d) Rs7.9 trillion
Explanation: The provincial government officially proposed a budget of Rs5.9 trillion for the upcoming fiscal year. Other figures are incorrect distractors representing different potential fiscal scales. [Source: https://www.dawn.com/news/2008300/punjab-finance-minister-presents-people-friendly-budget-in-assembly, 16 Jun 2026]
#16616
Consider the following statements about the consultative meeting held on March 27, 2026: 1. The meeting aimed to transition from untargeted subsidies to a digital, app-based quota system. 2. Provincial governments were requested to share the additional costs of higher international petroleum prices. 3. The Petroleum Division reported that the current fuel supply situation in the country is unstable. 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 policy shift toward targeted subsidies and the federal request for provincial cost-sharing. Statement 3 is incorrect because the Petroleum Division reported that the supply situation remained stable and adequate. [Source: https://www.dawn.com/news/1985900/centre-provinces-agree-on-rolling-out-app-based-fuel-quota-system-for-motorcycles-rickshaws, 27 Mar 2026]
#16617
What is the newly announced minimum wage for workers in Sindh as per the 2026-27 budget?
(a) Rs35,000
(b) Rs43,000
(c) Rs38,000
(d) Rs48,000
Explanation: The provincial government increased the minimum wage to Rs43,000 to provide relief to the workforce. The other figures are incorrect as they do not align with the specific policy decision announced in the budget speech. [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]
#16618
Pakistan played a mediation role in facilitating a ceasefire between which two nations in 2026?
(a) Saudi Arabia and Yemen
(b) Russia and Ukraine
(c) United States and Iran
(d) None of these
Explanation: Pakistan has been actively engaged in mediation efforts between the United States and Iran, resulting in a ceasefire that commenced on April 8, 2026. This initiative has been acknowledged by international partners for its contribution to regional stability. [Source: https://www.dawn.com/news/1999715/pm-shehbaz-azerbaijans-president-aliyev-discuss-peace-efforts-in-mideast-pmo, 12 May 2026]
#16619
What is the proposed percentage increase in the salaries of government employees in the 2026-27 Punjab budget?
(a) 7 percent
(b) 5 percent
(c) 3.5 percent
(d) 10 percent
Explanation: The budget proposes a 7 percent increase in salaries for government employees. The 3.5 percent figure refers to the increase in pensions for retired employees. [Source: https://www.dawn.com/news/2008300/punjab-finance-minister-presents-people-friendly-budget-in-assembly, 16 Jun 2026]
#16620
Who confirmed the death of the fisherman to the media on March 8, 2026?
(a) Naqibullah Kakar
(b) Attaur Rehman
(c) Bilal Yaseen
(d) None of these
Explanation: Gwadar Deputy Commissioner Naqibullah Kakar officially confirmed the incident to the press. While District Police Officer Attaur Rehman also provided details, the primary confirmation of the event came from the Deputy Commissioner. [Source: https://www.dawn.com/news/1979820/gwadar-fisherman-killed-by-debris-from-israeli-projectile-in-iran-waters, 08 Mar 2026]