November 2026 Current Affairs MCQs & Solutions

Explanation: The State Bank of Pakistan reported that remittances remained steady in February 2026, totaling 3.3 billion dollars. This figure highlights the resilience of inflows despite the onset of regional conflict. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]

Explanation: Statement 1 and 2 are correct as they reflect the Chairman's stated goals and criticisms. Statement 3 is incorrect because the Chairman explicitly stated that decisions should be made by Kashmiris, not by people from Sindh or Punjab. [Source: https://www.brecorder.com/news/40431352/bilawal-says-ajk-election-crucial-for-kashmirs-future, 23 Jul 2026]

Explanation: The European Commission issued the fines specifically citing the Digital Markets Act (DMA), which aims to curb the market power of large technology firms. While the GDPR and DSA are other major EU regulatory frameworks, they were not the primary legal basis for these specific antitrust penalties. [Source: https://www.dawn.com/news/2017814/google-hit-with-1bn-eu-fine-in-constructive-talks-to-avoid-more-penalties, 23 Jul 2026]

Explanation: Statements 1 and 2 are factually accurate based on the report. Statement 3 is incorrect because the expected total for FY26 is 40 billion dollars, not 50 billion. [Source: https://www.dawn.com/news/1980726/remittances-steady-but-war-risks-loom, 11 Mar 2026]

Explanation: The PAA and IATA discussions were centered on institutional capacity building, consultancy services, and establishing a sustainable roadmap for the aviation sector. Other options represent unrelated or broader policy issues not specified in the meeting agenda. [Source: https://www.brecorder.com/news/40431349/paa-iata-discuss-future-aviation-roadmap, 23 Jul 2026]

Explanation: Statement 1 is correct as the CDF vowed to continue operations. Statement 3 is correct as the government is pursuing development. Statement 2 is incorrect because the strategy explicitly emphasizes the necessity of public support. [Source: https://www.brecorder.com/news/40431473/field-marshal-munir-vows-to-continue-operations-against-terrorists-in-balochistan, 23 Jul 2026]

Explanation: The order is established based on the implementation of economic policy (I), the inauguration of infrastructure projects (II), the introduction of legislative policy (IV), and the environmental impact of the weather shift (III) as reported on July 29. [Source: https://www.dawn.com/news/2019158/fbr-notifies-new-tax-regime-for-small-shopkeepers]

Explanation: The assets managed by the Indian portfolio management services industry reached 42.61 trillion rupees by May 31, 2026. The figure of 18.07 trillion rupees represents the industry's asset size in April 2019. [Source: https://www.brecorder.com/news/40431463/indias-sebi-proposes-allowing-portfolio-managers-to-invest-overseas-in-to-be-listed-securities, 23 Jul 2026]

Explanation: There is no evidence that the delegation announced a suspension of cargo flights; the meeting focused on cooperation and capacity building. The other three statements are factually accurate regarding the event. [Source: https://www.brecorder.com/news/40431349/paa-iata-discuss-future-aviation-roadmap, 23 Jul 2026]

Explanation: Senator Nasir Mehmood chaired the Senate Standing Committee on Housing and Works during the session held on 2026-07-23. The committee focused on the administrative delays affecting the financial entitlements of former Pak PWD staff. [Source: https://www.brecorder.com/news/40431367/salaries-payment-dues-of-ex-pak-pwd-employees-senate-body-concerned-over-delays, 23 Jul 2026]

Explanation: Statement 1 is correct as Azhar Azahari attended as Regional Manager for South Asia. Statement 2 is correct as the flight was traveling from Sharjah to Karachi. Statement 3 is incorrect because the crash site is reported to be 3,000 meters deep, not 1,000 meters. [Source: https://www.brecorder.com/news/40431349/paa-iata-discuss-future-aviation-roadmap, 23 Jul 2026]

Explanation: Warren Davidson of Ohio was one of the four Republicans who crossed party lines to support the resolution. Susan Collins is a Senator, and Mike Johnson is the Speaker of the House who did not vote in favor. [Source: https://www.dawn.com/news/2017858/us-house-votes-to-curb-trumps-iran-war-powers-but-senate-backs-president, 23 Jul 2026]

Explanation: Statement 1 is accurate as federal internal security challenges remain high following the Hangu attack; statement 2 reflects the Punjab Revenue Authority's focus on digital taxation through EIMS; and statement 3 correctly identifies the ongoing parliamentary critique surrounding the 27th Constitutional Amendment. All these events reflect contemporary governance challenges in Pakistan. [Source: https://www.dawn.com/news/2019442/9-cops-martyred-28-injured-as-police-checkpost-comes-under-attack-in-kps-hangu]

Explanation: Statement C is incorrect because the report explicitly states that many employees are still awaiting payment of salaries and arrears, despite their adjustment. The other statements accurately reflect the proceedings of the committee meeting. [Source: https://www.brecorder.com/news/40431367/salaries-payment-dues-of-ex-pak-pwd-employees-senate-body-concerned-over-delays, 23 Jul 2026]

Explanation: The market downturn was driven by the dual impact of surging energy costs and investor skepticism regarding tech sector earnings, specifically from Alphabet and Tesla. Interest rate hikes were not mentioned as a factor in this specific market event. [Source: https://www.brecorder.com/news/40431469/us-stocks-tumble-as-brent-oil-tops-100, 23 Jul 2026]

Explanation: The benchmark three-month copper price was recorded at $13,725.50 per metric ton on the LME on July 23, 2026. This figure reflects the market adjustment following the rise in global oil prices. [Source: https://www.brecorder.com/news/40431447/copper-dips-as-soaring-oil-prices-weigh-on-economic-outlook, 23 Jul 2026]

Explanation: Available LME copper stocks were reported at 107,850 tons, which represents the lowest inventory level since January 2026. This scarcity of supply has provided some support to copper prices despite broader economic headwinds. [Source: https://www.brecorder.com/news/40431447/copper-dips-as-soaring-oil-prices-weigh-on-economic-outlook, 23 Jul 2026]

Explanation: The Yangshan copper premium in China was actually at its highest daily assessment since November 2022, not the lowest. The other statements accurately reflect the market conditions described. [Source: https://www.brecorder.com/news/40431447/copper-dips-as-soaring-oil-prices-weigh-on-economic-outlook, 23 Jul 2026]

Explanation: Statement 1 is correct as the inter-bank closing rate was 277.90. Statement 2 is correct as Brent futures rose by 7%. Statement 3 is incorrect because the US dollar index actually eased by 0.06% rather than strengthening significantly. [Source: https://www.brecorder.com/news/40431436/pakistani-rupee-records-gain-against-us-dollar, 23 Jul 2026]

Explanation: Based on the provided events, the order follows: Judicial precedent (Supreme Court rule on evidence), Oversight (Senate panel summoning NAB), Internal Administration (Interior Minister's restructuring proposal), and finally Public Policy (reinstatement of food welfare). These represent the hierarchy of governance from legal foundation to ministerial execution. [Source: https://www.brecorder.com/news/40432487/case-must-be-decided-according-to-what-is-pleaded-and-proved-sc]