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.
#18241
Which brokerage house provided analysis regarding the profit-taking observed during the July 21, 2026, trading session?
(a) AKD Securities
(b) Arif Habib Limited
(c) JS Global Capital
(d) Topline Securities Ltd
Explanation: Topline Securities Ltd provided the market commentary noting that the early rally was short-lived due to broad-based profit-taking. While AKD Securities also provided research, the specific observation regarding profit-taking at elevated levels was attributed to Topline. [Source: https://www.dawn.com/news/2017214/kse-100-makes-marginal-gains-as-global-energy-uncertainty-weighs-on-early-rally, 21 Jul 2026]
#18242
Who presented the Punjab provincial budget for the fiscal year 2026-27 in the provincial assembly?
(a) Maryam Nawaz Sharif
(b) Mian Mujtabaur Rehman
(c) Ishaq Dar
(d) Bilawal Bhutto Zardari
Explanation: Mian Mujtabaur Rehman is the Finance Minister of Punjab who presented the budget. Maryam Nawaz Sharif is the Chief Minister who presided over the cabinet meeting that approved the budget. [Source: https://www.dawn.com/news/2008300/punjab-finance-minister-presents-people-friendly-budget-in-assembly, 16 Jun 2026]
#18243
Who among the following accompanied Prime Minister Shehbaz Sharif during his meeting with the Turkish Foreign Minister in 2026?
(a) Ishaq Dar
(b) Bilawal Bhutto Zardari
(c) Khawaja Asif
(d) None of these
Explanation: Deputy Prime Minister and Foreign Minister Ishaq Dar was present during the meeting between Prime Minister Shehbaz Sharif and Turkish Foreign Minister Hakan Fidan. The other options are incorrect as they were not mentioned as part of this specific delegation. [Source: https://www.dawn.com/news/1992240/pm-shehbaz-arrives-in-turkiye-on-third-leg-of-tri-nation-tour-holds-meeting-with-fm-fidan, 16 Apr 2026]
#18244
Which sector faced specific selling pressure on July 21, 2026, due to speculation regarding policy delays?
(a) Textile sector
(b) Cement sector
(c) Refinery sector
(d) Banking sector
Explanation: Topline Securities reported that refinery stocks experienced selling pressure due to market speculation that the long-awaited refinery policy might face further delays. Other sectors like cement and textiles were noted for their potential to post strong earnings rather than facing policy-related selling pressure. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#18245
Which of the following statements regarding the fiscal situation in 2026 is INCORRECT?
(a) The government borrowed more in FY26 than it did in FY25.
(b) Debt servicing is projected to consume 50 percent of the total budget outlay in FY27.
(c) The government's borrowing from banks averaged Rs500 billion per month in FY26.
(d) The government allocated more funds to the PSDP than to debt servicing for FY27.
Explanation: The statement that the government allocated more to the PSDP than to debt servicing is incorrect, as debt servicing (Rs8 trillion) significantly exceeds the PSDP allocation (Rs1 trillion). [Source: https://www.dawn.com/news/2017153/govt-borrows-rs59tr-from-banks-in-fy26, 21 Jul 2026]
#18246
Consider the following statements about the diplomatic visit on 2026-07-21: 1. The Iranian Interior Minister expressed appreciation for Pakistan's role in regional mediation. 2. The discussions focused exclusively on trade and economic cooperation. 3. Pakistan reiterated its commitment to regional peace and stability in the Gulf region. 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 2 is incorrect because the discussions were primarily focused on regional security, border management, and diplomatic mediation, rather than exclusively on trade. Statements 1 and 3 are factually accurate based on the official reports of the visit. [Source: https://www.dawn.com/news/2017273/iranian-interior-minister-meets-pm-shehbaz-in-islamabad, 21 Jul 2026]
#18247
What was the closing value of the KSE-100 index on July 21, 2026?
(a) 176,133.56 points
(b) 178,370.45 points
(c) 177,000.00 points
(d) None of these
Explanation: The KSE-100 index closed at 176,133.56 points on July 21, 2026. The value 178,370.45 represents the intraday high reached earlier in the same session. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#18248
Brent crude futures rose by 1.8 percent to reach which price per barrel on July 21, 2026?
(a) 90.84 dollars
(b) 83.96 dollars
(c) 84.60 dollars
(d) 92.84 dollars
Explanation: Brent crude futures rose by $1.62, or 1.8 percent, to reach $90.84 per barrel. The other figures represent different oil contract prices mentioned in the market data. [Source: https://www.dawn.com/news/2017214/psx-gains-1200-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#18249
The flash floods in Nuristan on July 21, 2026, were primarily caused by which environmental phenomenon?
(a) Tectonic plate shifting
(b) Heavy rainfall and subsequent mudslides
(c) Glacial lake outburst floods
(d) None of these
Explanation: The disaster was triggered by heavy rainfall leading to flash floods and mudslides that brought boulders into the town. While residents compared the sound to an earthquake, it was a hydrological event, not a tectonic one. [Source: https://www.dawn.com/news/2017247/afghans-search-for-dozens-missing-some-with-bare-hands-after-devastating-flood-in-nuristan-province, 21 Jul 2026]
#18250
What is the total value of the assistance package announced by Canada for Pakistan on July 21, 2026?
(a) Over $37 million
(b) Over $47 million
(c) Over $57 million
(d) None of these
Explanation: Canada announced a total assistance package exceeding $47 million during the visit of Foreign Minister Anita Anand to Islamabad. This amount is divided into development and security cooperation initiatives. [Source: https://www.dawn.com/news/2017175/canada-announces-over-47m-in-assistance, 21 Jul 2026]
#18251
Consider the following statements about the KSE-100 market session on July 21, 2026: 1. The market reached an intraday high of over 178,000 points. 2. Oil and gas exploration companies are expected to post stronger-than-usual results. 3. The market closed lower than its opening value. 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 high was 178,370.45. Statement 2 is correct as analysts cited optimism for oil and gas exploration earnings. Statement 3 is incorrect because the market closed with a gain of 205.83 points, meaning it closed higher than the previous session's close, and the prompt does not state it closed lower than the opening value. [Source: https://www.dawn.com/news/2017214/psx-gains-2000-points-during-intraday-trade-as-oil-eases-amid-us-iran-mediation-efforts, 21 Jul 2026]
#18252
Consider the following statements about the fiscal data released in 2026: 1. The government's borrowing from banks in FY26 was higher than in FY25. 2. Debt servicing costs are expected to consume half of the total budget outlay in FY27. 3. The corporate sector's investment in government papers is negligible compared to bank investments. 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 borrowing rose from Rs5.4 trillion to Rs5.9 trillion. Statement 2 is correct regarding the 50 percent budget consumption. Statement 3 is incorrect because the corporate sector accounts for a significant 25 percent of investment in government papers. [Source: https://www.dawn.com/news/2017153/govt-borrows-rs59tr-from-banks-in-fy26, 21 Jul 2026]
#18253
What is the total volume of the Sindh provincial budget presented for the fiscal year 2026-27?
(a) Rs2.56 trillion
(b) Rs4.56 trillion
(c) Rs3.56 trillion
(d) Rs5.56 trillion
Explanation: The Sindh Chief Minister presented a budget of Rs3.56 trillion for the upcoming fiscal year. Other options represent incorrect figures that deviate from the official budgetary announcement. [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]
#18254
Which organization is responsible for recommending that the US State Department designate India as a 'country of particular concern' in 2026?
(a) Human Rights Watch Executive Board
(b) United Nations Human Rights Council
(c) Amnesty International Global Secretariat
(d) United States Commission on International Religious Freedom
Explanation: The United States Commission on International Religious Freedom (USCIRF) is the federal government entity tasked with monitoring religious freedom abroad and providing policy recommendations. Other organizations listed are international NGOs or UN bodies, not US federal commissions. [Source: https://www.dawn.com/news/1998729/us-religious-freedom-commission-calls-for-india-to-be-listed-as-country-of-particular-concern, 08 May 2026]
#18255
Consider the following statements about the Sindh budget for 2026-27: 1. The budget includes the imposition of new taxes to cover the deficit. 2. The allocation for the law and order sector is Rs222 billion. 3. The budget for people with disabilities is fully protected from expenditure rationalization. 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 budget was presented without imposing any new taxes. Statements 2 and 3 are factually accurate as per the budget speech regarding sector allocations and protected expenditures. [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]
#18256
Which of the following statements regarding the status of the Strait of Hormuz as of April 17, 2026, is INCORRECT?
(a) The Strait is open for all commercial vessels for the duration of the ceasefire.
(b) The reopening followed a ceasefire agreement reached in Lebanon.
(c) Iran has agreed to never again use the closure of the Strait as a weapon against the world.
(d) The United States has completely lifted its naval blockade on all ships entering the region.
Explanation: The statement that the US has completely lifted its naval blockade is incorrect; the US explicitly stated that the naval blockade remains in full force and effect specifically for ships sailing to Iranian ports. The other statements accurately reflect the conditions reported on April 17, 2026. [Source: https://www.dawn.com/news/1992627/iran-says-strait-of-hormuz-open-for-commercial-vessels-after-lebanon-deal, 17 Apr 2026]
#18257
What was the specific amount of the proposed increase in the price of high-speed diesel (HSD) that the Prime Minister rejected on March 27, 2026?
(a) Rs 177 per litre
(b) Rs 203 per litre
(c) Rs 95 per litre
(d) Rs 76 per litre
Explanation: The Prime Minister announced the rejection of a Rs 203 per litre increase for HSD on March 27, 2026. The figure of Rs 177 was a previous recommendation rejected a week prior. [Source: https://www.dawn.com/news/1985954/pm-shehbaz-again-rejects-increase-in-petrol-diesel-prices, 27 Mar 2026]
#18258
According to State Bank of Pakistan data, what was the total amount borrowed by the government from banks in the fiscal year 2026?
(a) Rs5.4 trillion
(b) Rs5.9 trillion
(c) Rs8.0 trillion
(d) None of these
Explanation: The government borrowed Rs5.9 trillion from banks in FY26. The figure Rs5.4 trillion represents the borrowing amount from the previous fiscal year, FY25. [Source: https://www.dawn.com/news/2017153/govt-borrows-rs59tr-from-banks-in-fy26, 21 Jul 2026]
#18259
On July 21, 2026, which organization deployed volunteers to provide emergency food, water, and tents to flood-affected residents in Nuristan?
(a) Afghan Red Crescent Society
(b) World Food Programme
(c) International Rescue Committee
(d) Doctors Without Borders
Explanation: The Afghan Red Crescent Society confirmed the deployment of dozens of volunteers to assist with immediate humanitarian needs. Other organizations like the WFP or IRC were not cited as the primary responders on the ground in this specific report. [Source: https://www.dawn.com/news/2017247/afghans-search-for-dozens-missing-some-with-bare-hands-after-devastating-flood-in-nuristan-province, 21 Jul 2026]
#18260
Consider the following statements about the diplomatic situation in April 2026: 1. Prime Minister Shehbaz Sharif visited Riyadh, Doha, and Istanbul as part of Pakistan's diplomatic outreach. 2. President Trump claimed that Iran had agreed to abandon its nuclear weapons program. 3. The US-Iran ceasefire was set to expire in early May 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 Prime Minister conducted a tour of these cities. Statement 2 is correct as Trump claimed Iran agreed to give up its nuclear program. Statement 3 is incorrect because the ceasefire was set to expire 'next week' from April 16, 2026, not in May. [Source: https://www.dawn.com/news/1992383/trump-says-if-iran-deal-is-reached-and-signed-in-islamabad-i-might-go-there, 16 Apr 2026]