November 2026 Edition

November 2026 Current Affairs MCQs & Solutions

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

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#5981

The KSE-100 index closed above which of the following thresholds on July 27, 2026?

(a) 168,000 points
(b) 198,000 points
(c) 188,000 points
(d) 178,000 points
Explanation: The KSE-100 index gained over 7,000 points to close at 178,262.33, successfully crossing the 178,000-point threshold. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#5982

Which of the following statements regarding the petroleum pricing notification of June 12, 2026, is INCORRECT?

(a) The price of kerosene was reduced by Rs10 per litre.
(b) The price of high-speed diesel was reduced by Rs2 per litre.
(c) The new prices became effective from June 13, 2026.
(d) The price of petrol was reduced by Rs4 per litre.
Explanation: The notification specifically announced reductions for petrol and high-speed diesel; it did not announce a Rs10 reduction for kerosene. The other three statements accurately reflect the details provided in the official notification. [Source: https://www.dawn.com/news/2007376/govt-slashes-petrol-price-by-rs4-diesel-by-rs2, 12 Jun 2026]
#5983

Consider the following statements about the incident involving the Gwadar fisherman: 1. The incident took place on March 7, 2026. 2. The projectile was identified by officials as being of Israeli origin. 3. The victim's body was transported back to his native town via sea. 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 incident occurred on Saturday, March 7, 2026, but the report was published on March 9, 2026. Statements 2 and 3 are factually correct as per the official confirmation provided by the Gwadar Deputy Commissioner. [Source: https://www.brecorder.com/news/40410710/iran-waters-gwadar-fisherman-killed-by-debris-from-israeli-projectile, 09 Mar 2026]
#5984

On July 27, 2026, the State Bank of Pakistan maintained the policy rate at which of the following levels?

(a) 10.5 percent
(b) 12.5 percent
(c) 11.5 percent
(d) 13.5 percent
Explanation: The State Bank of Pakistan maintained the policy rate at 11.5 percent during the announcement on July 27, 2026. Analysts viewed this as a cautious stance given the prevailing regional geopolitical tensions. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#5985

Consider the following statements about the PSX performance on July 27, 2026: 1. The KSE-100 index gained more than 7,000 points during the session. 2. The market rally was partially attributed to the resumption of shipping through the Strait of Hormuz. 3. The index reached an intra-day peak of over 178,500 points. 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 market data from July 27, 2026. The index gained 7,241.13 points, investor sentiment improved due to hopes for shipping resumption, and the intra-day peak was 178,588.33 points. [Source: https://www.dawn.com/news/2018715/psx-opens-week-in-the-green-gains-more-than-7000-points-to-close-above-178000-mark, 27 Jul 2026]
#5986

Consider the following statements about the austerity measures announced in March 2026: 1. The federal cabinet members will forgo their salaries for two months. 2. Parliamentarians will face a 25 percent cut in their salaries for two months. 3. All higher educational institutions are required to host seminars on government premises instead of hotels. 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 salary-related austerity measures for the cabinet and parliamentarians. Statement 3 is incorrect because the requirement to host seminars on government premises applies to government departments, not specifically to higher educational institutions. [Source: https://www.dawn.com/news/1980219/higher-education-goes-online-schools-shut-for-2-weeks-4-day-work-week-announced-as-austerity-measures, 09 Mar 2026]
#5987

According to the SBP statement released on March 9, 2026, what was the inflation rate recorded in February 2026?

(a) 5.8 percent
(b) 7.0 percent
(c) 8.2 percent
(d) None of these
Explanation: The SBP reported that inflation rose to 5.8 percent in January and 7 percent in February 2026. Option D is incorrect because 7 percent is explicitly mentioned as the February figure. [Source: https://www.dawn.com/news/1980133/sbp-maintains-policy-rate-at-105pc, 09 Mar 2026]
#5988

By what percentage did Pakistan's trade deficit with the Middle East narrow in fiscal year 2026?

(a) 4.48 percent
(b) 7.37 percent
(c) 2.00 percent
(d) 4.00 percent
Explanation: The trade deficit with the Middle East narrowed by 4.48 percent to $13.32 billion in FY26. The 7.37 percent figure refers to the widening of the deficit observed in the previous fiscal year. [Source: https://www.dawn.com/news/2018925/pakistans-exports-to-middle-east-dip-in-fy26, 28 Jul 2026]
#5989

Consider the following statements about the fuel price situation in 2026: 1. The government reduced petrol prices for two consecutive weeks in May 2026. 2. The global fuel crunch was exacerbated by the conflict involving Iran. 3. The Petroleum Minister announced an increase in fuel prices on April 2, 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: All three statements are factually accurate based on the provided information regarding the 2026 fuel price trends and the geopolitical context of the energy crisis. [Source: https://www.dawn.com/news/2002321/govt-reduces-petrol-by-rs6-per-litre-high-speed-diesel-by-rs68, 22 May 2026]
#5990

What is the proposed allocation for the Benazir Income Support Programme (BISP) in the 2026-27 budget?

(a) Rs71 billion
(b) Rs8,045 billion
(c) Rs15,264 billion
(d) Rs838 billion
Explanation: The BISP budget was increased by 17 percent to reach Rs838 billion, aiming to expand coverage to 12 million families. Rs71 billion is the allocation for the Apna Ghar housing scheme. [Source: https://www.dawn.com/news/2007283/govt-unveils-rs188tr-budget-for-fy2026-27-gdp-growth-targeted-at-4pc, 12 Jun 2026]
#5991

Which of the following sectors was NOT explicitly mentioned by the Finance Minister as receiving relief in the 2026-27 budget?

(a) IT sector
(b) Construction sector
(c) Agricultural sector
(d) Salaried class
Explanation: The Finance Minister specifically listed exporters, manufacturers, the IT sector, construction, and the salaried class as beneficiaries of relief measures. The agricultural sector was not included in this specific list of relief recipients. [Source: https://www.dawn.com/news/2007374/finmin-aurangzeb-says-govt-committed-to-reducing-tax-burden-by-widening-tax-net, 12 Jun 2026]
#5992

The US proposal sent to Iran in March 2026 consists of how many points?

(a) 15 points
(b) 10 points
(c) 5 points
(d) 20 points
Explanation: The US proposal, which covers demands regarding nuclear and missile programs and trade route control, is a 15-point document. The other options are incorrect numerical distractors. [Source: https://www.dawn.com/news/1985991/rubio-says-war-on-iran-to-last-weeks-not-months-no-us-ground-troops-needed, 27 Mar 2026]
#5993

Consider the following statements about the US-Iran conflict as of March 2026: 1. The US has officially ruled out the use of any ground troops in the region. 2. Iran has publicly rejected the 15-point proposal presented by the US. 3. The US has extended a deadline for Iran to reopen the blockaded Strait of Hormuz. 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 while Rubio stated the US can achieve aims without ground troops, the US is still deploying Marines and airborne soldiers to the region. Statements 2 and 3 are factually accurate based on the reported events. [Source: https://www.dawn.com/news/1985991/rubio-says-war-on-iran-to-last-weeks-not-months-no-us-ground-troops-needed, 27 Mar 2026]
#5994

Following the price revision on March 7, 2026, the Petroleum Development Levy (PDL) on high-speed diesel was adjusted to which of the following rates?

(a) Rs57 per litre
(b) Rs77 per litre
(c) Rs105 per litre
(d) None of these
Explanation: The government reduced the levy on high-speed diesel to Rs57 per litre from Rs77 per litre to mitigate the impact of the price hike. Rs105 per litre represents the new levy rate for petrol, not diesel. [Source: https://www.dawn.com/news/1979341/petrol-bomb-falls-on-pakistan-amid-war, 07 Mar 2026]
#5995

Which official announced the record-breaking fuel price hike during the press conference held on March 7, 2026?

(a) Ali Pervaiz Malik
(b) Ishaq Dar
(c) Muhammad Aurangzeb
(d) Shehbaz Sharif
Explanation: Petroleum Minister Ali Pervaiz Malik announced the price hike during the press conference. While Ishaq Dar and Muhammad Aurangzeb were present, the announcement was delivered by the Petroleum Minister. [Source: https://www.dawn.com/news/1979341/petrol-bomb-falls-on-pakistan-amid-war, 07 Mar 2026]
#5996

Consider the following statements regarding the government's response to the March 2026 economic situation: 1. The Prime Minister directed that actionable proposals for austerity be presented within 48 hours. 2. The government announced a Rs55 per litre increase in petrol and high-speed diesel prices. 3. The Information Minister confirmed that the government would rely on private sector estimates for fuel pricing updates. 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 factually correct based on the government's directives and the price hike announcement. Statement 3 is incorrect because the government emphasized that it would release accurate and verified information from official ministries, not private sector estimates. [Source: https://www.dawn.com/news/1979462/pm-tells-ministers-to-prepare-strategy-for-conserving-petroleum-products-ensuring-uninterrupted-supply, 07 Mar 2026]
#5997

On March 7, 2026, the Prime Minister directed which two federal ministers to visit provinces to coordinate petroleum conservation strategies?

(a) Finance and Petroleum
(b) Energy and Commerce
(c) Planning and Interior
(d) None of these
Explanation: The Prime Minister specifically tasked the finance and petroleum ministers to engage with provincial governments to ensure supply stability and austerity. Other combinations of ministries are incorrect as they do not hold primary jurisdiction over fuel pricing and supply chain management. [Source: https://www.dawn.com/news/1979462/pm-tells-ministers-to-prepare-strategy-for-conserving-petroleum-products-ensuring-uninterrupted-supply, 07 Mar 2026]
#5998

According to the statement by US Secretary of State Marco Rubio on March 27, 2026, what is the projected duration of the military operation in the Gulf?

(a) Several years
(b) Weeks, not months
(c) Exactly six months
(d) None of these
Explanation: Rubio explicitly stated that the operation is expected to conclude in a matter of weeks rather than months. This reflects the US administration's current assessment of the conflict's timeline. [Source: https://www.dawn.com/news/1985991/rubio-says-war-on-iran-to-last-weeks-not-months-no-us-ground-troops-needed, 27 Mar 2026]
#5999

Which of the following measures was NOT implemented by the government in response to the fuel crisis announced on March 7, 2026?

(a) Weekly review of petroleum prices
(b) Implementation of a work-from-home policy
(c) Crackdown on hoarding of petroleum products
(d) Adjustment of the Petroleum Development Levy
Explanation: The government explicitly decided to shelve the proposed fuel conservation plan, which included work-from-home and distance learning measures. The other three options were active policy decisions taken by the government. [Source: https://www.dawn.com/news/1979341/petrol-bomb-falls-on-pakistan-amid-war, 07 Mar 2026]
#6000

Consider the following statements regarding the fuel price situation in March 2026: 1. The government decided to maintain normal activities for at least one week instead of implementing conservation measures. 2. International Brent crude prices were reported to be approaching the $100 per barrel psychological barrier. 3. The government increased the Petroleum Development Levy on high-speed diesel to offset the price hike. 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 deferred conservation plans. Statement 2 is correct as Brent crude was nearing the $100 mark. Statement 3 is incorrect because the levy on high-speed diesel was actually reduced, not increased. [Source: https://www.dawn.com/news/1979341/petrol-bomb-falls-on-pakistan-amid-war, 07 Mar 2026]