June 2026 Edition

June 2026 Current Affairs MCQs & Solutions

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

Start June Quiz
#13541

Who appointed Andy Burnham as the Prime Minister of the United Kingdom on July 20, 2026?

(a) King William V
(b) King Charles III
(c) King George VII
(d) None of these
Explanation: King Charles III formally appointed Andy Burnham as Prime Minister during an audience at Buckingham Palace. The other options are incorrect as they do not represent the current British monarch. [Source: https://www.dawn.com/news/2017007/andy-burnham-becomes-uk-pm-says-britain-needs-to-regain-stability, 20 Jul 2026]
#13542

Who presided over the high-level consultative meeting regarding the petroleum products situation on March 27, 2026?

(a) Mir Shoaib Nosherwani
(b) Ali Pervaiz Malik
(c) Shaza Fatima Khawaja
(d) Muhammad Aurangzeb
Explanation: Finance Minister Muhammad Aurangzeb chaired the meeting. While other ministers like Ali Pervaiz Malik and Shaza Fatima Khawaja were present, they did not preside over the session. [Source: https://www.dawn.com/news/1985900/centre-provinces-agree-on-rolling-out-app-based-fuel-quota-system-for-motorcycles-rickshaws, 27 Mar 2026]
#13543

What was the specific reduction in the price of high-speed diesel (HSD) announced on April 11, 2026?

(a) Rs12 per litre
(b) Rs17.33 per litre
(c) Rs25.31 per litre
(d) Rs135 per litre
Explanation: The government announced a reduction of Rs135 per litre for high-speed diesel, bringing the price down to Rs385.54. The other figures represent price cuts for petrol, kerosene, and light diesel oil respectively. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#13544

Consider the following statements about Pakistan's external debt management in April 2026: 1. The UAE loan being repaid was originally extended in 2019. 2. Pakistan has requested significant changes to its $7 billion IMF lending programme due to the Middle East conflict. 3. The central bank's foreign exchange reserves were reported at $20.52 billion as of April 10, 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: Statement 1 is correct as the UAE loan dates back to 2019. Statement 3 is correct regarding the reserve figures reported by the SBP. Statement 2 is incorrect because the Finance Minister stated that while the IMF programme is an option, the government has not yet requested changes to it. [Source: https://www.dawn.com/news/1993003/sbp-says-govt-has-paid-2bn-to-uae, 18 Apr 2026]
#13545

Brent crude futures fell to approximately what price per barrel on March 11, 2026, following the market's reaction to de-escalation hopes?

(a) 105.60 dollars
(b) 92.45 dollars
(c) 84.73 dollars
(d) 119.00 dollars
Explanation: Brent futures dropped to $84.73 per barrel on March 11, 2026, representing a sharp decline from the session highs observed earlier in the week. The other values represent either higher price points or incorrect benchmarks. [Source: https://www.dawn.com/news/1980727/oil-plunges-15pc-amid-hopes-of-de-escalation, 11 Mar 2026]
#13546

What is the interest rate offered on the Eurobond issued by Pakistan in April 2026?

(a) 5.975 percent
(b) 8.975 percent
(c) 7.975 percent
(d) 6.975 percent
Explanation: The sovereign yield for the 2026 Eurobond issuance was set at 6.975 percent. This rate reflects the market's assessment of the risk and the government's re-entry into global capital markets. [Source: https://www.dawn.com/news/1993495/pakistan-increases-eurobond-from-500m-to-750m, 20 Apr 2026]
#13547

Which of the following statements regarding the fuel price adjustment on April 11, 2026, is INCORRECT?

(a) The price of light diesel oil (LDO) was reduced by Rs25.31 per litre.
(b) The government decided to retain a portion of the global price fall to recoup previous subsidy expenditures.
(c) Tax rates on all fuel products were kept unchanged during this price revision.
(d) The price of kerosene was reduced by Rs17.33 per litre.
Explanation: The Prime Minister explicitly rejected the proposal to retain part of the price fall to recoup subsidy costs, making statement A incorrect. All other statements accurately reflect the details provided in the announcement. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#13548

All of the following factors contributed to the volatility of oil prices in March 2026 EXCEPT:

(a) Supply cuts by Saudi Arabia and other producers
(b) A permanent global transition to renewable energy sources
(c) Concerns regarding disruptions in the Strait of Hormuz
(d) Diplomatic proposals aimed at a settlement to the war
Explanation: The market volatility in March 2026 was driven by immediate geopolitical tensions and supply chain concerns, not by a long-term transition to renewable energy. The other three options are direct factors that influenced the price fluctuations described. [Source: https://www.dawn.com/news/1980727/oil-plunges-15pc-amid-hopes-of-de-escalation, 11 Mar 2026]
#13549

According to the Chief Minister of KP, what is the approximate trade deficit of the country as of 2026?

(a) $16 billion
(b) $26 billion
(c) $46 billion
(d) $36 billion
Explanation: The Chief Minister cited a trade deficit of approximately $36 billion while criticizing national economic performance. The other figures are incorrect estimates of the trade deficit. [Source: https://www.dawn.com/news/2010593/cm-afridi-vows-peace-in-fy27-as-kp-assembly-passes-rs217tr-budget, 24 Jun 2026]
#13550

Who is the current Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA) as of March 2026?

(a) Sheikh Umer Rehan
(b) Muhammad Zubair Motiwala
(c) Atif Ikram Sheikh
(d) None of these
Explanation: Sheikh Umer Rehan serves as the Chairman of the PVMA and issued the official statement regarding the stability of edible oil supplies. The other names listed are prominent business figures but do not hold this specific position. [Source: https://www.dawn.com/news/1980381/no-shortage-of-edible-oil-pvma, 10 Mar 2026]
#13551

What is the total budget amount approved by the Khyber Pakhtunkhwa Assembly for the fiscal year 2026-27?

(a) Rs2.17 trillion
(b) Rs1.17 trillion
(c) Rs3.17 trillion
(d) Rs4.17 trillion
Explanation: The Khyber Pakhtunkhwa Assembly passed a budget of Rs2.17 trillion for the fiscal year 2026-27. Other figures provided are incorrect distractors representing different potential fiscal scales. [Source: https://www.dawn.com/news/2010593/cm-afridi-vows-peace-in-fy27-as-kp-assembly-passes-rs217tr-budget, 24 Jun 2026]
#13552

Consider the following statements about the 2026-07-21 flooding event: 1. The floods occurred in a region that shares a border with Pakistan. 2. The disaster agency warned residents to stay away from riverbanks due to the risk of further storms. 3. Search and rescue operations were fully equipped with advanced heavy machinery provided by international donors. 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: Nuristan does border Pakistan, and ANDMA did issue warnings regarding further rain. However, reports explicitly stated that residents were searching the area without equipment, contradicting the claim that they were fully equipped with advanced machinery. [Source: https://www.dawn.com/news/2017161/20-afghans-killed100-missing-after-floods, 21 Jul 2026]
#13553

In March 2026, which US official stated that the American military had facilitated a shipment of oil to maintain global energy stability?

(a) Secretary of Energy
(b) Secretary of Defense
(c) Secretary of State
(d) Secretary of Treasury
Explanation: US Energy Secretary Chris Wright publicly confirmed that the American military facilitated oil shipments through the Strait of Hormuz. This action was intended to reassure markets regarding the continuity of energy supplies. [Source: https://www.dawn.com/news/1980727/oil-plunges-15pc-amid-hopes-of-de-escalation, 11 Mar 2026]
#13554

On March 11, 2026, by what approximate percentage did global oil prices plunge following reports of potential de-escalation in the conflict with Iran?

(a) 5 percent
(b) 10 percent
(c) 20 percent
(d) 15 percent
Explanation: Oil prices experienced a significant correction of approximately 15 percent on March 11, 2026, as markets reacted to diplomatic signals suggesting a potential end to the conflict. This followed a period of extreme volatility where prices had previously surged to levels not seen since 2022. [Source: https://www.dawn.com/news/1980727/oil-plunges-15pc-amid-hopes-of-de-escalation, 11 Mar 2026]
#13555

Which geopolitical conflict was cited as a potential cause for supply chain disruptions affecting edible oil imports in March 2026?

(a) Russia-Ukraine conflict
(b) Israel-Palestine conflict
(c) US-Iran conflict
(d) China-Taiwan tensions
Explanation: The PVMA identified the US-Iran conflict as the primary source of regional geopolitical tension impacting maritime supply routes. While other conflicts exist, this specific event was the focus of the industry's supply chain assessment. [Source: https://www.dawn.com/news/1980381/no-shortage-of-edible-oil-pvma, 10 Mar 2026]
#13556

What is the total amount the government spent on fuel subsidies over the month preceding the April 11, 2026, announcement?

(a) Rs129 billion
(b) Rs107 billion
(c) Rs81 billion
(d) Rs385 billion
Explanation: The Prime Minister noted that the government had spent Rs129 billion on fuel subsidies over the past month. The other figures refer to tax components or the final price of fuel. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#13557

The ex-depot price of petrol was fixed at which of the following rates on April 11, 2026?

(a) Rs450.15 per litre
(b) Rs385.54 per litre
(c) Rs366.58 per litre
(d) Rs369.72 per litre
Explanation: Following the Rs12 reduction, the new price for petrol was fixed at Rs366.58 per litre. The other values correspond to the new prices for HSD, kerosene, and light diesel oil. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#13558

Consider the following statements about the 2026 petroleum pricing negotiations: 1. The government proposed a daily pricing mechanism based on a seven-day rolling average. 2. The APPPOA and the PPDA are the same organization representing petrol pump owners. 3. OGRA sought seven days to convey dealer concerns to the government. 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 government proposed a seven-day rolling average for daily pricing. Statement 2 is incorrect because the APPPOA and PPDA are distinct associations. Statement 3 is correct as OGRA requested time to relay the dealers' input to the government. [Source: https://www.dawn.com/news/2017314/petrol-pump-owners-announce-nationwide-strike-after-talks-over-daily-pricing-fail, 21 Jul 2026]
#13559

Consider the following statements about the fuel price revision on April 11, 2026: 1. The reduction in diesel prices was partially attributed to a correction in the pricing formula that previously benefited local refineries. 2. High-speed diesel is considered an inflationary item due to its extensive use in freight transportation. 3. The government reduced the petroleum levy on petrol to provide immediate relief to consumers. 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 pricing formula correction and the inflationary nature of diesel. Statement 3 is incorrect because the government explicitly stated that tax rates, including the petroleum levy, were kept unchanged. [Source: https://www.dawn.com/news/1990666/diesel-price-cut-by-rs135-petrol-sees-drop-of-rs12, 11 Apr 2026]
#13560

Consider the following statements about the KP budget session held on June 25, 2026: 1. The opposition leader criticized the government for bulldozing cut motions. 2. The provincial government announced it would provide additional funds to the federal government. 3. The Chief Minister stated that the province would invest in merged districts from its own resources. 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 opposition leader complained about the process. Statement 2 is incorrect because the CM explicitly stated the government would not provide additional funds to the Centre. Statement 3 is correct as the CM confirmed self-reliance for the merged districts. [Source: https://www.dawn.com/news/2010593/cm-afridi-vows-peace-in-fy27-as-kp-assembly-passes-rs217tr-budget, 24 Jun 2026]