June 2026 Edition
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June 2026 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#13841
Which of the following statements regarding the market performance on July 24, 2026, is INCORRECT?
(a) Dubai Islamic Bank declined by 1.5%.
(b) Alpha Dhabi Holding dropped by 0.7%.
(c) Tecom Group declined by 2.1%.
(d) Aldar Properties increased by 2.1%.
Explanation: Aldar Properties actually slipped by 0.5%, making the claim that it increased by 2.1% incorrect. The other statements accurately reflect the performance of the mentioned companies on that date. [Source: https://www.brecorder.com/news/40431652/uae-stocks-slip-amid-escalating-middle-east-conflict, 24 Jul 2026]
#13842
From which facility was the Vikram-1 rocket launched on July 18, 2026?
(a) Vikram Sarabhai Space Centre
(b) Satish Dhawan Space Centre
(c) Thumba Equatorial Rocket Launching Station
(d) None of these
Explanation: The Vikram-1 rocket was launched from the Satish Dhawan Space Centre located in Sriharikota, Andhra Pradesh. The other options represent different Indian space facilities not involved in this specific mission. [Source: https://www.dawn.com/news/2016450/indias-skyroot-launches-vikram-1-in-first-private-orbital-rocket-mission, 18 Jul 2026]
#13843
What was the primary geopolitical catalyst cited for the decline in UAE stock markets on July 24, 2026?
(a) Escalating conflict in the Middle East
(b) Global interest rate hikes
(c) Collapse of major regional trade agreements
(d) Significant drop in global gold prices
Explanation: The decline was driven by investor caution regarding escalating regional tensions, specifically threats of military action following attacks on Saudi oil tankers in the Red Sea. Interest rate hikes and trade agreements were not the primary drivers of this specific market movement. [Source: https://www.brecorder.com/news/40431652/uae-stocks-slip-amid-escalating-middle-east-conflict, 24 Jul 2026]
#13844
Consider the following statements about the Indian space sector: 1. The Indian government opened the space sector to private investment in 2020. 2. Skyroot Aerospace achieved a $1 billion valuation in 2026. 3. The Vikram-S mission in 2022 was the first privately developed rocket to reach space from Indian soil. 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 sector was liberalized in 2020, Skyroot reached the unicorn valuation threshold in 2026, and the Vikram-S mission was indeed the first private suborbital flight from India. [Source: https://www.dawn.com/news/2016450/indias-skyroot-launches-vikram-1-in-first-private-orbital-rocket-mission, 18 Jul 2026]
#13845
Consider the following statements about the market conditions on July 24, 2026: 1. Oil prices were on course for a near 10% jump for the week. 2. The Dubai index recorded its third consecutive weekly loss. 3. Abu Dhabi's benchmark index ended the week with a 0.5% gain. 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 provided for the week ending July 24, 2026. Oil prices showed significant weekly growth, while the Dubai and Abu Dhabi indices followed the reported weekly trends. [Source: https://www.brecorder.com/news/40431652/uae-stocks-slip-amid-escalating-middle-east-conflict, 24 Jul 2026]
#13846
Consider the following statements regarding current administrative and governance developments in Pakistan as of August 4, 2026: 1. The government has transitioned public sector pension management to a defined-contribution model via new agreements with fund managers. 2. The Pakistan Cricket Board (PCB) is currently seeking legal recourse in the Islamabad High Court to maintain confidentiality regarding financial and contractual data. 3. The Senate Subcommittee has launched an inquiry to address deficiencies in the Expanded Programme on Immunization (EPI) following recent child mortality in Karachi. Which of the above statements are correct?
(a) Only 1 and 2
(b) Only 2 and 3
(c) Only 1 and 3
(d) 1, 2, and 3
Explanation: Statement 1 is correct as the government has executed agreements with pension fund managers to reform the system. Statement 2 is correct as the PCB challenged an IHC order to disclose player financial details. Statement 3 is incorrect because the Senate Subcommittee's recent action concerned the tobacco smuggling seizure, while the vaccine-preventable mortality crisis is a separate public health issue. [Source: https://www.dawn.com/news/2020481/govt-executes-agreements-with-pension-fund-managers]
#13847
On July 26, 2026, the Information Minister of Pakistan identified a nexus between India and which banned organization in Azad Kashmir?
(a) Joint Action Committee
(b) Kashmir Liberation Front
(c) All Parties Hurriyat Conference
(d) None of these
Explanation: The Information Minister confirmed that investigations linked the banned Joint Action Committee (JAC) to Indian-funded digital disinformation campaigns. The other organizations listed are not the subject of this specific investigation. [Source: https://www.brecorder.com/news/40431876/investigations-expose-banned-jacs-nexus-with-india-information-minister, 26 Jul 2026]
#13848
Which of the following is NOT a demand raised by the WAPDA union leaders during the 2026 protests?
(a) Recruitment against vacant posts in PESCO and TESCO
(b) Immediate privatization of all DISCOs to improve efficiency
(c) Effective measures to curb electricity theft
(d) Recognition of employees who died in the line of duty as martyrs
Explanation: The union is explicitly opposing the privatization of DISCOs, making the incorrect statement. The other three options are documented demands of the union. [Source: https://www.brecorder.com/news/40431892/wapda-union-rejects-privatisation-of-discos, 27 Jul 2026]
#13849
Which organization is primarily responsible for leading the protests against the privatization of electricity distribution companies (DISCOs) as of 2026?
(a) All Pakistan WAPDA Hydro Electric Workers Union
(b) Pakistan Electric Power Company Employees Association
(c) National Transmission and Despatch Company Union
(d) None of these
Explanation: The All Pakistan WAPDA Hydro Electric Workers Union is the primary body organizing the protests against the privatization of DISCOs. The other options are not the specific entities identified in the report as leading the rally. [Source: https://www.brecorder.com/news/40431892/wapda-union-rejects-privatisation-of-discos, 27 Jul 2026]
#13850
What is the primary reason cited for keeping fuel prices unchanged for July 26 and 27, 2026?
(a) Non-publication of Platts prices on weekends
(b) Protest by the All Pakistan Dealers Association
(c) Stable international oil supply chains
(d) None of these
Explanation: The government maintained the prices because Platts price data is not published on weekends, preventing a daily update. While the Dealers Association has expressed opposition to the policy, it was not the reason for this specific two-day freeze. [Source: https://www.dawn.com/news/2018328/govt-keeps-petrol-diesel-prices-unchanged-for-two-days, 25 Jul 2026]
#13851
The reduction in the markup rate for development loans in 2026 is primarily attributed to the decline in which of the following?
(a) The federal budget deficit
(b) The central bank's policy rate
(c) The inflation rate of food commodities
(d) None of these
Explanation: The markup rate adjustment is directly linked to the decline in the State Bank of Pakistan's policy rate, which fell from a peak of 22 percent to 11.5 percent. This reduction lowers the government's cost of borrowing and subsequently the rates charged on development advances. [Source: https://www.dawn.com/news/2018194/centre-cuts-markup-on-uplift-loans-to-1189pc, 24 Jul 2026]
#13852
Consider the following statements regarding the geopolitical and domestic developments reported on August 6, 2026: 1. The United States is engaging in strategic economic diplomacy by exploring investment opportunities in Pakistan’s critical mineral supply chain. 2. The Turkish Parliament has introduced a legislative framework aimed at granting a conditional amnesty to PKK fighters to address internal security. 3. The Pakistan Stock Exchange has witnessed a significant market correction, with the KSE-100 index dropping below the 150,000-point threshold. Which of the above statements are correct?
(a) Only 1 and 2
(b) Only 2 and 3
(c) Only 1 and 3
(d) 1, 2, and 3
Explanation: Statements 1 and 2 are accurate based on the provided event summaries regarding US-Pakistan economic cooperation and Turkish legislative efforts. Statement 3 is incorrect because the KSE-100 index actually rose above 180,000 points, rather than dropping below 150,000. [Source: https://www.dawn.com/news/2020895/us-firms-look-to-pakistan-for-critical-mineral-supplies]
#13853
Consider the following statements regarding the geopolitical and security developments occurring on August 3, 2026:
(a) Only 1 and 2 are correct
(b) Only 2 and 3 are correct
(c) Only 1 and 3 are correct
(d) All of the above are correct
Explanation: Statement 1 is correct as Iran officially denied engagement despite US announcements. Statement 2 is incorrect because the Strait of Hormuz is the central concern for US-Iran diplomacy, not the Gaza conflict. Statement 3 is correct as the Wana explosion specifically involved the targeted killing of a religious scholar/cleric. [Source: https://www.dawn.com/news/2020319/iran-denies-negotiations-with-us-after-trump-announces-talks]
#13854
Consider the following statements regarding the geopolitical and economic developments reported on August 3, 2026: 1. The United States government has reached a confirmed diplomatic resolution with Iran to ensure the security of the Strait of Hormuz. 2. The Pakistani government has implemented a reduction in the prices of both petrol and high-speed diesel. 3. Iran has officially acknowledged and accepted President Trump’s invitation for direct negotiations. Which of the following is correct?
(a) Only 1 and 2 are correct
(b) Only 2 is correct
(c) Only 2 and 3 are correct
(d) All statements are correct
Explanation: While the US cancelled an attack to pursue diplomacy, Iran has explicitly denied that negotiations are underway, rendering statements 1 and 3 incorrect. The government's reduction of petroleum product prices is accurate as per recent reports. [Source: https://www.dawn.com/news/2020327/oil-tumbles-as-trump-cancels-attack-on-iran-to-reach-deal-aimed-at-reopening-hormuz]
#13855
On March 9, 2026, the KSE-100 index experienced a historic single-day decline of approximately how many points?
(a) 9,015 points
(b) 11,015 points
(c) 10,015 points
(d) 12,015 points
Explanation: The market recorded a decline of 11,015 points on March 9, 2026, which represented the second-largest single-day drop in the history of the index. This massive sell-off preceded the recovery observed on the following day. [Source: https://www.dawn.com/news/1980474/bulls-return-as-kse-100-surges-past-9000-points-market-closes-in-the-green, 10 Mar 2026]
#13856
Consider the following statements regarding the geopolitical and economic developments reported on August 6, 2026: 1. The Pakistan Stock Exchange (KSE-100) reached a significant milestone by surpassing 180,000 points amid a strong recovery rally. 2. The United States International Development Finance Corporation (DFC) is actively exploring collaborative investments in Pakistan’s critical mineral supply chains. 3. The Pakistan Banking Awards are set to be held on August 21, emphasizing the national movement toward financial governance and digital transformation. Which of the statements provided above are correct?
(a) Only 1 and 2
(b) Only 1 and 3
(c) Only 2 and 3
(d) All 1, 2, and 3
Explanation: All three statements accurately reflect the provided reports: the KSE-100 rally, the involvement of US DFIs in Pakistan's mineral sector, and the upcoming banking awards scheduled for August 21. Each event illustrates distinct facets of Pakistan’s current economic and institutional trajectory. [Source: https://www.dawn.com/news/2020895/us-firms-look-to-pakistan-for-critical-mineral-supplies]
#13857
Arrange the following major international and regional developments in the correct chronological order of their reported occurrences or scheduling (earliest to latest): 1. The 11th Pakistan Banking Awards. 2. The 2024 uprising in Bangladesh leading to the current political climate for Sheikh Hasina. 3. The reported monsoon-related fatalities in India reaching over 100 on August 6, 2026. 4. The legislative advancement of a conditional amnesty bill for PKK fighters in Turkey.
(a) 2, 3, 4, 1
(b) 3, 2, 4, 1
(c) 2, 1, 3, 4
(d) 4, 2, 3, 1
Explanation: The sequence is determined by the 2024 Bangladesh uprising, followed by the specific disaster reports from India (August 6, 2026), the legislative action in Turkey (August 6, 2026), and finally the scheduled Pakistan Banking Awards (August 21, 2026). [Source: https://www.dawn.com/news/2020870/floods-landslides-leave-over-100-dead-as-monsoon-batters-india]
#13858
Consider the following statements about the front-running case involving Axis Mutual Fund: 1. The scheme involved leaking confidential information about the fund house's impending trades. 2. Prijesh Kurani, a Dubai-based trader, was identified as a collaborator in the scheme. 3. The SEBI order was finalized and passed on July 24, 2026. 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 SEBI order. The scheme involved the misuse of confidential trade information, collaboration with a Dubai-based trader, and the final order was issued on the specified date of July 24, 2026. [Source: https://www.brecorder.com/news/40431649/india-regulator-bars-former-axis-mf-dealer-for-seven-years-in-front-running-case, 24 Jul 2026]
#13859
The Nifty 50 index closed at which of the following levels on July 24, 2026?
(a) 78,210.30
(b) 76,059.77
(c) 22,540.12
(d) 23,767.45
Explanation: The Nifty 50 fell 0.43% to close at 23,767.45 on the specified date. The BSE Sensex closed at 76,059.77. [Source: https://www.brecorder.com/news/40431634/indian-shares-log-weekly-losses-as-crude-climbs-hdfc-bank-tumbles, 24 Jul 2026]
#13860
Which of the following factors is NOT cited as a primary risk to the Indian economy in the context of the July 24, 2026 market report?
(a) Persistent high crude oil prices
(b) Excessive foreign direct investment inflows
(c) Supply-chain disruptions
(d) Erratic monsoon and rainfall deficit
Explanation: The report identifies high oil prices, rainfall deficits, and supply-chain disruptions as key risks. Excessive foreign direct investment is not mentioned as a risk factor in this context. [Source: https://www.brecorder.com/news/40431634/indian-shares-log-weekly-losses-as-crude-climbs-hdfc-bank-tumbles, 24 Jul 2026]