November 2026 Edition
Start November Quiz
November 2026 Current Affairs MCQs & Solutions
Top national & international current affairs questions for CSS, PMS, FPSC, PPSC, and NTS screening tests.
#821
As of March 11, 2026, the International Energy Agency (IEA) is considering a record-breaking release of oil reserves to counter supply disruptions caused by conflict in which region?
(a) South China Sea
(b) Gulf of Mexico
(c) North Sea
(d) Gulf region
Explanation: The IEA is proposing a massive release of oil reserves to address supply disruptions stemming from the conflict involving Iran and the Strait of Hormuz in the Gulf region. Other options represent different global maritime chokepoints not central to this specific energy crisis. [Source: https://www.dawn.com/news/1980857/oil-falls-on-report-of-iea-proposing-biggest-oil-release-ever, 11 Mar 2026]
#822
Which of the following statements regarding the energy market situation as of March 11, 2026, is INCORRECT?
(a) The IEA's proposed drawdown would exceed the 182 million barrels released in 2022.
(b) Brent futures traded down by approximately 1 per cent on the day of the report.
(c) The US Navy has officially agreed to provide military escorts for all commercial tankers in the Strait of Hormuz.
(d) ADNOC shut its Ruwais refinery following a drone strike.
Explanation: The US Navy has actually refused requests from the shipping industry for military escorts due to the high risk of attacks, making the incorrect statement. The other options accurately reflect the market and security conditions described in the report. [Source: https://www.dawn.com/news/1980857/oil-falls-on-report-of-iea-proposing-biggest-oil-release-ever, 11 Mar 2026]
#823
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]
#824
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]
#825
Which of the following statements regarding the US-EU trade tensions in July 2026 is INCORRECT?
(a) The US Trade Representative Jamieson Greer supported the EU's enforcement action as a boost to transatlantic trade.
(b) The European Commission's fine against Google was the first penalty under the Digital Markets Act.
(c) The US administration announced new tariffs of 10 to 12.5 percent on 60 trading partners.
(d) President Trump threatened to initiate a Section 301 investigation into the EU's antitrust practices.
Explanation: US Trade Representative Jamieson Greer actually criticized the EU's decision, stating that it undermined constructive dialogue and posed a risk to trade stability, making the incorrect statement. [Source: https://www.dawn.com/news/2018219/trump-says-eu-to-pay-very-big-price-for-google-fine, 25 Jul 2026]
#826
What was the recorded inflation rate in Pakistan for the month of February 2026?
(a) 5.80 percent
(b) 6.98 percent
(c) 7.15 percent
(d) 8.20 percent
Explanation: Inflation rose to 6.98 percent year-on-year in February 2026, up from 5.8 percent in January. This represents the highest level recorded since October 2024. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#827
Which of the following statements regarding the market performance in March 2026 is INCORRECT?
(a) Foreign corporates were net sellers of equities during the week.
(b) The KSE-100 index experienced a single-session decline of over 16,000 points on Monday.
(c) Cement despatches showed a year-on-year increase in February 2026.
(d) The rupee depreciated significantly against the dollar during the week.
Explanation: The rupee remained largely stable, appreciating marginally by 0.02 percent week-on-week. The other statements accurately reflect the market data provided for the period. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#828
Which Indian financial institution experienced its steepest weekly decline in 2-1/2 years on July 24, 2026?
(a) Axis Bank
(b) ICICI Bank
(c) HDFC Bank
(d) State Bank of India
Explanation: HDFC Bank recorded a 9.4% decline, marking its sharpest weekly drop in 2-1/2 years due to investor concerns regarding margins. Axis Bank also declined, but HDFC Bank was identified as the primary weight on the benchmark indexes. [Source: https://www.brecorder.com/news/40431634/indian-shares-log-weekly-losses-as-crude-climbs-hdfc-bank-tumbles, 24 Jul 2026]
#829
Consider the following statements about the Indian market performance on July 24, 2026: 1. The BSE Sensex recorded its steepest drop in two months. 2. Private banks and financial sectors were among the worst-performing segments. 3. Brent crude prices briefly crossed $100 a barrel during the week. 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 report. The Sensex lost 2.7% (steepest in two months), financial sectors were heavily dragged down, and Brent crude crossed the $100 threshold. [Source: https://www.brecorder.com/news/40431634/indian-shares-log-weekly-losses-as-crude-climbs-hdfc-bank-tumbles, 24 Jul 2026]
#830
What was the closing value of the KSE-100 index at the end of the trading week ending on March 8, 2026?
(a) 145,210 points
(b) 157,496 points
(c) 162,305 points
(d) None of these
Explanation: The KSE-100 index closed at 157,496 points after a weekly decline of 6.3 percent. This decline was primarily attributed to investor panic regarding regional geopolitical instability. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#831
Consider the following statements about the economic indicators in February 2026: 1. Pakistan's trade deficit widened to approximately $3 billion. 2. Urea offtake recorded a significant increase compared to the previous year. 3. Liquid foreign exchange reserves held by the State Bank of Pakistan stood at $16.3 billion. 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 urea offtake actually fell by 28 percent year-on-year, reaching the lowest monthly level recorded. Statements 1 and 3 are factually accurate based on the reported economic data. [Source: https://www.dawn.com/news/1979645/stocks-nosedive-63pc-in-jittery-week-on-geopolitical-concerns, 08 Mar 2026]
#832
What is the total amount of the fine imposed by the European Commission on Google for breaching the Digital Markets Act in July 2026?
(a) 460 million euros
(b) 430 million euros
(c) 1.2 billion euros
(d) 890 million euros
Explanation: The European Commission issued two separate fines of 460 million euros and 430 million euros, totaling 890 million euros. This represents the first penalty imposed on Google under the Digital Markets Act. [Source: https://www.dawn.com/news/2018219/trump-says-eu-to-pay-very-big-price-for-google-fine, 25 Jul 2026]
#833
Which organization hosted the seminar titled 'Enhancing Pak-Libya Trade and Economic Cooperation' in 2026?
(a) Federation of Pakistan Chambers of Commerce and Industry
(b) Lahore Chamber of Commerce and Industry
(c) Karachi Chamber of Commerce and Industry
(d) Islamabad Chamber of Commerce and Industry
Explanation: The seminar was hosted by the Lahore Chamber of Commerce and Industry (LCCI) to discuss bilateral economic ties. The other chambers are distinct entities not mentioned as the hosts of this specific event. [Source: https://www.brecorder.com/news/40431795/pak-workforce-in-libya-declines-by-78pc-envoy, 25 Jul 2026]
#834
Who is the Ambassador-designate of Pakistan to Libya as of July 2026?
(a) Maj-Gen (r) Mumtaz Hussain
(b) Lt-Gen (r) Asim Munir
(c) Maj-Gen (r) Faisal Shahkar
(d) None of these
Explanation: Maj-Gen (r) Mumtaz Hussain was identified as the Ambassador-designate to Libya during a seminar at the LCCI. The other names are not associated with this diplomatic appointment. [Source: https://www.brecorder.com/news/40431795/pak-workforce-in-libya-declines-by-78pc-envoy, 25 Jul 2026]
#835
The Pakistani workforce in Libya has experienced a decline of what percentage according to the 2026 report?
(a) 78 percent
(b) 65 percent
(c) 82 percent
(d) 90 percent
Explanation: The Ambassador-designate explicitly stated that the Pakistani workforce in Libya has declined by 78 percent. This figure serves as the primary metric for the need to revitalize labor and trade relations. [Source: https://www.brecorder.com/news/40431795/pak-workforce-in-libya-declines-by-78pc-envoy, 25 Jul 2026]
#836
Consider the following statements about Pak-Libya relations as of 2026: 1. Pakistan maintains a strong presence in Libya through defense cooperation. 2. The Ambassador-designate advocates for chamber-to-chamber engagement to boost trade. 3. The Pakistani government has officially announced a total ban on labor migration to Libya. 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 Ambassador's remarks regarding defense ties and trade facilitation. Statement 3 is incorrect as the report focuses on reversing the decline in the workforce, not imposing a ban. [Source: https://www.brecorder.com/news/40431795/pak-workforce-in-libya-declines-by-78pc-envoy, 25 Jul 2026]
#837
Which of the following statements regarding the wheat situation in Sindh as of July 2026 is INCORRECT?
(a) The Sindh Food Minister chaired a meeting with the Flour Mills Association to review supply chain issues.
(b) The Food Department holds a significant portion of its stock from anti-hoarding operations.
(c) Provincial authorities are conducting intelligence-based operations against wheat hoarders.
(d) The provincial government has imposed strict restrictions on the inter-district movement of wheat.
Explanation: The provincial government explicitly stated that there is no restriction on the inter-district movement of wheat within Sindh to ensure smooth supply. Therefore, the statement claiming that restrictions exist is false. [Source: https://www.dawn.com/news/2018192/private-sector-rejects-govt-wheat-import-plan, 25 Jul 2026]
#838
Consider the following statements about the Indian economic context on July 27, 2026: 1. The recent decline in oil prices is linked to a temporary de-escalation in US-Iran tensions. 2. The RBI's dollar-mobilization schemes have attracted more capital than initial market expectations. 3. India's heavy reliance on crude imports makes its currency highly sensitive to global oil price volatility. 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 correct: the oil price drop is tied to the US-Iran pause, the $32 billion inflow exceeded expectations, and India's import dependency is a well-documented structural vulnerability for the rupee. [Source: https://www.brecorder.com/news/40431960/indian-rupee-set-to-rally-after-crude-drops-on-mideast-respite-rbi-led-inflows-build, 27 Jul 2026]
#839
By the end of June 2026, what was the total volume of gold reserves held by China's central bank?
(a) 75.44 million fine troy ounces
(b) 74.96 million fine troy ounces
(c) 78.14 million fine troy ounces
(d) None of these
Explanation: China's central bank reported gold reserves of 75.44 million fine troy ounces by the end of June 2026. The figure 74.96 million represents the reserves held in the preceding month. [Source: https://www.brecorder.com/news/40432008/chinas-june-net-gold-imports-via-hong-kong-up-from-year-ago-down-from-may, 27 Jul 2026]
#840
What was the total volume of gold imported by China via Hong Kong in June 2026?
(a) 50.679 tons
(b) 78.147 tons
(c) 75.440 tons
(d) 65.562 tons
Explanation: Total gold imports via Hong Kong reached 78.147 tons in June 2026. The figure 50.679 tons represents the net imports, while 65.562 tons was the total for the previous month. [Source: https://www.brecorder.com/news/40432008/chinas-june-net-gold-imports-via-hong-kong-up-from-year-ago-down-from-may, 27 Jul 2026]