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.
#19321
Which of the following statements regarding ADNOC's July 2026 tender policy is INCORRECT?
(a) The tender includes crude loading from August to October.
(b) The tender is valid for only 24 hours after submission.
(c) The tender bid submission is due on July 27.
(d) Bids from buyers at a discounted differential are automatically rejected.
Explanation: The tender is valid until at least July 29, not 24 hours after submission. The other statements accurately reflect the terms set by ADNOC for the July 2026 tender. [Source: https://www.brecorder.com/news/40431617/adnoc-offers-crude-oil-in-7th-tender-issued-since-june-sources-say, 24 Jul 2026]
#19322
Which of the following is NOT a stated priority discussed by the Foreign Ministers of Pakistan and Iran during their July 2026 meeting?
(a) Promotion of regional peace and stability
(b) Strengthening of bilateral ties
(c) Expansion of military alliances against third parties
(d) Implementation of the Islamabad MoU
Explanation: The meeting focused on de-escalation, dialogue, and regional stability. There was no mention of forming military alliances against third parties, making this the incorrect statement. [Source: https://www.brecorder.com/news/40431646/pakistan-iran-fms-reaffirm-commitment-to-regional-peace-at-sco-meeting, 24 Jul 2026]
#19323
As of July 24, 2026, what is the primary reason cited for the surge in Brent crude oil prices exceeding $100 per barrel?
(a) Global supply chain disruptions in the semiconductor industry
(b) Escalating conflict in the Middle East
(c) Unexpected production cuts by OPEC+ members
(d) None of these
Explanation: The surge in crude oil prices is directly attributed to the escalating Middle East crisis, which has impacted shipping chokepoints. Other options, while relevant to global economics, are not the primary drivers mentioned for this specific price movement. [Source: https://www.brecorder.com/news/40431590/indian-shares-to-open-lower-as-crude-tops-100, 24 Jul 2026]
#19324
What specific humanitarian assistance did Pakistan provide to Iran, as acknowledged by the Iranian Foreign Minister in July 2026?
(a) Facilitating the return of Iranian fishermen
(b) Providing emergency medical supplies
(c) Offering technical support for energy infrastructure
(d) None of these
Explanation: Pakistan facilitated the safe transit and return of Iranian fishermen and crew members who had been interdicted. This gesture was explicitly appreciated by the Iranian Foreign Minister during the meeting. [Source: https://www.brecorder.com/news/40431646/pakistan-iran-fms-reaffirm-commitment-to-regional-peace-at-sco-meeting, 24 Jul 2026]
#19325
Which institution introduced the swap facility that lowered hedging costs for Indian banks in 2026?
(a) State Bank of India
(b) Reserve Bank of India
(c) Ministry of Finance
(d) None of these
Explanation: The Reserve Bank of India introduced a swap facility allowing eligible external commercial borrowings to be hedged at a fixed rate of 1.5% per annum. This measure made overseas dollar fundraising more attractive for Indian lenders. [Source: https://www.brecorder.com/news/40431638/icici-bank-prices-1-billion-debt-in-largest-dollar-issue-by-indian-private-lender, 24 Jul 2026]
#19326
Which Indian financial institution was the last to tap the market for Basel III-compliant additional Tier I perpetual bonds prior to the SBI issuance in 2026?
(a) Canara Bank
(b) ICICI Bank
(c) HDFC Bank
(d) Axis Bank
Explanation: Canara Bank was the last lender to issue such bonds, raising 35 billion rupees in November 2025. The other banks listed are major private sector players not mentioned in the context of this specific recent issuance. [Source: https://www.brecorder.com/news/40431637/indias-sbi-to-issue-first-rupee-denominated-perpetual-debt-of-2026-sources-say, 24 Jul 2026]
#19327
What is the total value of the perpetual debt issuance planned by the State Bank of India in 2026?
(a) 35 billion rupees
(b) 50 billion rupees
(c) 600 billion rupees
(d) None of these
Explanation: The State Bank of India planned to raise 50 billion rupees through its perpetual bond issuance. While 600 billion rupees is the total board-approved limit for the financial year, 50 billion is the specific amount for this transaction. [Source: https://www.brecorder.com/news/40431637/indias-sbi-to-issue-first-rupee-denominated-perpetual-debt-of-2026-sources-say, 24 Jul 2026]
#19328
Which sector led the gains on the FTSE 100 index on July 24, 2026?
(a) Pharmaceuticals and healthcare
(b) Retail and consumer goods
(c) Electronics and technology
(d) Investment banks and brokerages
Explanation: Investment banks and brokerages recorded a 1.6% rise, leading sectoral gains on the benchmark index. This was bolstered by positive analyst revisions for companies like 3i Group. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#19329
Which of the following statements regarding the market conditions on July 24, 2026, is INCORRECT?
(a) Energy shares experienced a decline due to regional tensions
(b) The FTSE 250 index also recorded a climb of 0.3%
(c) Oil prices remained stable throughout the trading session
(d) Investors monitored rising oil prices amid Middle East tensions
Explanation: Oil prices did not remain stable; they were volatile and retreated after initial concerns regarding energy flow disruptions in the Red Sea. The other statements accurately reflect the market data provided. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]
#19330
Which of the following countries was NOT among the eight nations that issued the joint statement condemning the Israeli escalation at Al-Aqsa Mosque on July 24, 2026?
(a) Malaysia
(b) Saudi Arabia
(c) Indonesia
(d) United Arab Emirates
Explanation: The joint statement was issued by eight specific nations: Pakistan, Egypt, Türkiye, Indonesia, Jordan, Qatar, Saudi Arabia, and the United Arab Emirates. Malaysia was not a signatory to this specific diplomatic declaration. [Source: https://www.brecorder.com/news/40431627/pakistan-seven-other-islamic-states-condemn-israeli-escalation-at-al-aqsa-mosque, 24 Jul 2026]
#19331
Consider the following statements about the Civil Servants (Disclosure and Regulation of Foreign Nationality) Rules, 2026: 1. The rules apply only to the civil servant and not their dependents. 2. Civil servants must declare if they are married to foreign nationals. 3. The rules require disclosure of foreign status at the time of joining service. 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 incorrect because the rules explicitly require the disclosure of foreign nationality and travel documents for both the civil servant and their dependents. Statements 2 and 3 are accurate reflections of the new regulatory requirements. [Source: https://www.brecorder.com/news/40431565/civil-servants-foreign-nationality-declaration-made-mandatory, 24 Jul 2026]
#19332
The Islamabad Memorandum of Understanding (MoU) referenced during the July 2026 meeting between Pakistan and Iran was signed in which month?
(a) April 2026
(b) May 2026
(c) July 2026
(d) June 2026
Explanation: The Islamabad MoU, which serves as a framework for bilateral cooperation, was signed in June 2026. The meeting in July 2026 focused on building upon the understandings reached in that document. [Source: https://www.brecorder.com/news/40431646/pakistan-iran-fms-reaffirm-commitment-to-regional-peace-at-sco-meeting, 24 Jul 2026]
#19333
Consider the following statements about the weather forecast issued on July 24, 2026: 1. The rainfall is expected to continue until July 27, 2026. 2. Karachi is expected to receive heavy downpours similar to the interior districts of Sindh. 3. A low-pressure area over southwest Rajasthan is contributing to the current weather conditions. 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 the forecast covers the period until July 27. Statement 3 is correct as the low-pressure area over Rajasthan is a key driver. Statement 2 is incorrect because Karachi is only expected to receive light rain or drizzle, not heavy downpours. [Source: https://www.brecorder.com/news/40431626/pmd-forecasts-widespread-rain-across-sindh-warns-of-urban-flooding, 24 Jul 2026]
#19334
According to the PDMA, what was the primary cause of the 17 rain-related deaths reported in Punjab as of July 22, 2026?
(a) Electrocution
(b) Lightning strikes
(c) Building or structure collapses
(d) None of these
Explanation: The PDMA reported that 12 out of the 17 deaths were caused by the collapse of buildings or other structures. Electrocution and lightning strikes accounted for the remaining five fatalities. [Source: https://www.dawn.com/news/2017532/intermittent-heavy-rain-hits-punjab-cities-lahore-receives-123mm, 22 Jul 2026]
#19335
Which of the following factors was primarily responsible for the pressure on Indian bond sentiment during the week ending July 24, 2026?
(a) Surging oil prices
(b) Domestic political instability
(c) A sudden decline in tax revenue
(d) None of these
Explanation: Surging oil prices and higher U.S. Treasury yields were the primary drivers of negative sentiment in the Indian bond market. Domestic political instability and tax revenue are not cited as factors in this context. [Source: https://www.brecorder.com/news/40431650/india-bonds-end-three-day-losing-streak-but-post-second-straight-weekly-decline, 24 Jul 2026]
#19336
Which of the following indices recorded a 0.2% decline to reach a near seven-week low on July 24, 2026?
(a) Saudi Stock Exchange
(b) Abu Dhabi Securities Exchange
(c) Dubai Financial Market
(d) Kuwait Stock Exchange
Explanation: The Dubai main market index slipped 0.2% to hit a near seven-week low on the specified date. The Abu Dhabi benchmark index experienced a smaller decline of 0.1%. [Source: https://www.brecorder.com/news/40431652/uae-stocks-slip-amid-escalating-middle-east-conflict, 24 Jul 2026]
#19337
The humanitarian aid convoy involved in the incident on May 23, 2026, was known as the:
(a) Mediterranean Aid Mission
(b) Freedom Gaza Convoy
(c) Global Sumud Flotilla
(d) Humanity First Fleet
Explanation: The activists were part of the Global Sumud Flotilla attempting to breach the blockade of Gaza. The other options are plausible-sounding but incorrect names for this specific 2026 event. [Source: https://www.dawn.com/news/2002539/france-bans-israeli-security-minister-ben-gvir-from-country, 23 May 2026]
#19338
Which specific category of inflation in Japan slowed to 1.2% in June 2026 despite steady wage gains?
(a) Service inflation
(b) Energy inflation
(c) Food inflation
(d) None of these
Explanation: Service inflation slowed to 1.2% in June from 1.4% in May. This deceleration occurred even as nominal wages showed steady gains, complicating the inflation outlook. [Source: https://www.brecorder.com/news/40431592/japan-june-core-inflation-accelerates-stays-below-boj-target, 24 Jul 2026]
#19339
According to the Pakistan Meteorological Department (PMD) forecast issued on July 24, 2026, which of the following districts is expected to experience heavy rainfall and potential urban flooding?
(a) Shikarpur
(b) Kashmore
(c) Jacobabad
(d) Tharparkar
Explanation: The PMD specifically identified Tharparkar, along with districts like Hyderabad and Badin, as areas at high risk for heavy rainfall and urban flooding. While Kashmore, Jacobabad, and Shikarpur are expected to receive rain, they were categorized under light to moderate intensity in the forecast. [Source: https://www.brecorder.com/news/40431626/pmd-forecasts-widespread-rain-across-sindh-warns-of-urban-flooding, 24 Jul 2026]
#19340
What was the closing value of the FTSE 100 index on July 24, 2026?
(a) 10,474.68 points
(b) 10,674.68 points
(c) 10,574.68 points
(d) 10,774.68 points
Explanation: The blue-chip FTSE 100 index rose 0.3% to reach 10,674.68 points on the specified date. This reflects the market's reaction to the financial sector's performance despite geopolitical headwinds. [Source: https://www.brecorder.com/news/40431643/londons-ftse-100-rises-as-hsbc-lifts-financial-stocks-middle-east-tensions-linger, 24 Jul 2026]