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.
#19661
According to the RBI Governor, what is the primary source of the $32 billion raised through dollar-inflow schemes as of July 2026?
(a) Foreign portfolio investments in equity
(b) Foreign currency non-resident deposit scheme
(c) Direct foreign institutional investment
(d) None of these
Explanation: The RBI Governor identified the Foreign Currency Non-Resident (FCNR) deposit scheme as the primary contributor to the $32 billion inflow. Foreign portfolio investments in debt securities accounted for a smaller portion of approximately $7 billion. [Source: https://www.brecorder.com/news/40431961/indian-banks-have-raised-32-bln-under-dollar-inflow-schemes-rbi-chief-tells-hindu-businessline, 27 Jul 2026]
#19662
Which of the following central banks is scheduled to hold a policy meeting on Thursday, July 30, 2026?
(a) Bank of England
(b) Bank of Japan
(c) Federal Reserve
(d) None of these
Explanation: The Bank of England is scheduled to hold its meeting on Thursday, while the Federal Reserve meets on Wednesday and the Bank of Japan on Friday. None of the other options match the Thursday schedule. [Source: https://www.brecorder.com/news/40431958/shares-bonds-make-guarded-gains-as-oil-slips, 27 Jul 2026]
#19663
Which of the following statements regarding the flood situation in Muridke as of July 27, 2026, is INCORRECT?
(a) Residents were forced to evacuate their homes using small motor boats.
(b) The flooding was caused by heavy monsoon rains.
(c) Displaced residents faced severe shortages of clean water and food.
(d) Official state rescue teams were the only entities conducting evacuation operations.
Explanation: The statement is incorrect because the report highlights that volunteer rescuers were actively conducting operations, with some residents complaining that no official rescue teams had reached them after four days. The other options accurately reflect the conditions described in the report. [Source: https://www.brecorder.com/news/40432025/flooding-forces-residents-to-flee-homes-by-boat-in-pakistan, 27 Jul 2026]
#19664
Which of the following was NOT identified by the NDMA as a primary cause of death during the 2026 monsoon season?
(a) Landslides
(b) Electrocution
(c) Drowning
(d) House collapses
Explanation: The NDMA specifically cited house collapses, electrocution, and drowning as the causes of death. Landslides, while common in monsoon seasons, were not listed as a primary cause in this specific report. [Source: https://www.brecorder.com/news/40431935/nationwide-deaths-this-monsoon-cross-100-mark-ndma, 27 Jul 2026]
#19665
Consider the following statements about the economic situation reported by the RBI in July 2026: 1. The $32 billion inflow is expected to improve India's balance of payments. 2. Increased government cash balances have contributed to the dollar inflows not fully reflecting on rupee liquidity. 3. The RBI has observed clear evidence that FCNR flows are primarily due to the rebooking of deposits. 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 and 2 are correct as per the RBI Governor's assessment. Statement 3 is incorrect because the Governor explicitly stated that there is no evidence that the bulk of FCNR flows are due to the rebooking of deposits. [Source: https://www.brecorder.com/news/40431961/indian-banks-have-raised-32-bln-under-dollar-inflow-schemes-rbi-chief-tells-hindu-businessline, 27 Jul 2026]
#19666
Which central bank official is scheduled to speak on July 28, 2026, regarding the economic outlook?
(a) Adrian Orr
(b) Philip Lowe
(c) Michele Bullock
(d) Glenn Stevens
Explanation: RBA Governor Michele Bullock is scheduled to speak on Tuesday, July 28, 2026. Markets are anticipating her comments for potential hawkish signals amidst regional geopolitical tensions. [Source: https://www.brecorder.com/news/40431969/australia-nz-dollars-climb-as-oil-slide-eases-rate-concerns, 27 Jul 2026]
#19667
Which of the following statements regarding the market conditions on July 27, 2026, is INCORRECT?
(a) The probability of an RBA rate hike in August increased to 60%.
(b) The New Zealand dollar added 0.2% against the US dollar.
(c) Australian three-year bond yields fell by 9 basis points.
(d) The Australian dollar rose 0.2% to $0.7001.
Explanation: The probability of an RBA rate hike in August actually decreased to 30% from 40% due to lower oil prices. The other statements accurately reflect the market data reported on that date. [Source: https://www.brecorder.com/news/40431969/australia-nz-dollars-climb-as-oil-slide-eases-rate-concerns, 27 Jul 2026]
#19668
Consider the following statements about the market environment on July 27, 2026: 1. The decline in oil prices was attributed to a pause in Gulf fighting. 2. Markets perceive a high certainty that the Federal Reserve will implement a rate hike. 3. The Bank of Japan is expected to hold its policy steady during its upcoming meeting.
(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 de-escalation lowered oil prices. Statement 3 is correct as the Bank of Japan is expected to hold steady. Statement 2 is incorrect because market participants view the Fed's decision as unusually uncertain, not highly certain. [Source: https://www.brecorder.com/news/40431958/shares-bonds-make-guarded-gains-as-oil-slips, 27 Jul 2026]
#19669
Consider the following statements about the monsoon situation in 2026: 1. The monsoon season officially commenced on June 26, 2026. 2. Gilgit-Baltistan recorded more fatalities than Azad Jammu and Kashmir by 2026-07-27. 3. The NDMA reported that 50 people were injured during the 24-hour period ending on 2026-07-27. 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 monsoon onset was June 26. Statement 3 is correct regarding the 50 injuries reported. Statement 2 is incorrect because AJK recorded seven deaths while GB recorded only one. [Source: https://www.brecorder.com/news/40431935/nationwide-deaths-this-monsoon-cross-100-mark-ndma, 27 Jul 2026]
#19670
Which of the following companies reported beating first-quarter profit expectations as of July 27, 2026?
(a) Tata Consumer
(b) Bank of Baroda
(c) HDFC Bank
(d) Axis Bank
Explanation: Tata Consumer reported beating profit expectations due to steady consumer demand. In contrast, Bank of Baroda reported a profit drop, and private lenders like HDFC and Axis faced margin concerns. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]
#19671
Which of the following statements regarding the market situation on July 27, 2026, is INCORRECT?
(a) The US dollar index slipped to 101.23.
(b) Brent crude prices increased due to heightened military activity.
(c) The British pound rose against the US dollar.
(d) The euro appreciated against the US dollar.
Explanation: Brent crude prices actually decreased (dropped) due to the pause in military strikes, not increased. Options A, B, and D are factually accurate based on the provided market data. [Source: https://www.brecorder.com/news/40431957/dollar-pulls-back-as-us-iran-attacks-pause-oil-drops, 27 Jul 2026]
#19672
Which individual is identified as the Chair of the Federal Reserve in the context of the July 2026 policy discussions?
(a) Jerome Powell
(b) Kevin Warsh
(c) Sally Auld
(d) None of these
Explanation: The report identifies Kevin Warsh as the Chair of the Federal Reserve whose position on potential rate hikes remains a subject of market uncertainty. Jerome Powell is a common distractor as a former/actual chair, but the text specifies Warsh. [Source: https://www.brecorder.com/news/40431958/shares-bonds-make-guarded-gains-as-oil-slips, 27 Jul 2026]
#19673
Which of the following airline companies saw their share prices increase on July 27, 2026?
(a) Lufthansa
(b) Air France
(c) British Airways
(d) Emirates
Explanation: Lufthansa, along with IAG and Ryanair, saw their share prices rise as lower oil prices improved their operational outlook. The other options were not mentioned as specific gainers in the report. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#19674
On July 27, 2026, what primary factor contributed to the strengthening of the Australian and New Zealand dollars?
(a) Rising global interest rates
(b) Declining oil prices
(c) Increased gold production
(d) None of these
Explanation: The strengthening of the Australian and New Zealand dollars was attributed to a decline in oil prices, which eased inflationary concerns. This shift in commodity prices helped improve market sentiment and supported bond markets. [Source: https://www.brecorder.com/news/40431969/australia-nz-dollars-climb-as-oil-slide-eases-rate-concerns, 27 Jul 2026]
#19675
Which of the following statements regarding the meeting on July 27, 2026, is INCORRECT?
(a) The meeting was held at the General Headquarters in Rawalpindi.
(b) The delegation included representatives from the US House of Representatives.
(c) Field Marshal Asim Munir highlighted the importance of structural reforms.
(d) The discussions excluded any mention of bilateral economic cooperation.
Explanation: The statement that discussions excluded economic cooperation is incorrect, as economic engagement and trade partnerships were primary agenda items during the meeting. The other three options accurately reflect the events of the day. [Source: https://www.brecorder.com/news/40432023/us-lawmakers-meet-field-marshal-munir-discuss-security-economic-cooperation, 27 Jul 2026]
#19676
Which river's rising water levels were identified as the primary cause of the flooding in Muridke on July 27, 2026?
(a) River Chenab
(b) River Ravi
(c) River Jhelum
(d) River Sutlej
Explanation: The flooding in Muridke was directly attributed to the rise in water levels of the River Ravi. The other rivers listed are major tributaries in Punjab but were not cited as the cause of this specific event. [Source: https://www.brecorder.com/news/40432025/flooding-forces-residents-to-flee-homes-by-boat-in-pakistan, 27 Jul 2026]
#19677
What was the value of the GIFT Nifty futures as of 7:59 a.m. IST on July 27, 2026?
(a) 23,767.45
(b) 24,500.75
(c) 24,150.25
(d) 23,974.50
Explanation: The GIFT Nifty futures were recorded at 23,974.50, which indicated a positive opening for the benchmark Nifty 50 index above the previous Friday's close of 23,767.45. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]
#19678
Which of the following statements regarding the RBI's policy stance in July 2026 is INCORRECT?
(a) The RBI has officially declared the Indian rupee to be significantly undervalued.
(b) The current policy repo rate is considered appropriate for growth-inflation dynamics.
(c) The RBI intervenes in the currency market to curb excessive volatility.
(d) Generalized inflation pressures are currently viewed as modest.
Explanation: The RBI Governor stated that it would be reasonable to think the rupee is not undervalued, making the claim that the RBI declared it undervalued incorrect. [Source: https://www.brecorder.com/news/40431961/indian-banks-have-raised-32-bln-under-dollar-inflow-schemes-rbi-chief-tells-hindu-businessline, 27 Jul 2026]
#19679
Consider the following statements about the market environment on July 27, 2026: 1. Investors are preparing for quarterly earnings reports from major U.S. technology companies. 2. The decline in oil prices negatively impacted the travel and leisure sector. 3. The STOXX 600 index rose as a result of reduced geopolitical tensions between the U.S. and Iran. 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 investors are scrutinizing Big Tech earnings. Statement 3 is correct as the market rally was driven by de-escalation. Statement 2 is incorrect because lower oil prices actually boosted the travel and leisure sector, rather than negatively impacting it. [Source: https://www.brecorder.com/news/40431990/european-shares-climb-as-us-iran-peace-optimism-lifts-risk-sentiment, 27 Jul 2026]
#19680
Consider the following statements regarding the Indian market outlook as of July 27, 2026: 1. The U.S. Federal Reserve is widely expected to increase interest rates by 25 basis points this week. 2. The probability of a 25-basis-point rate hike by the Fed has risen to 36.3%. 3. Lower oil prices are expected to ease inflation concerns in India. 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: The Fed is widely expected to leave rates unchanged, making statement 1 incorrect. Statements 2 and 3 are factually accurate based on the market analysis provided. [Source: https://www.brecorder.com/news/40431956/indian-shares-set-to-open-higher-breaking-losing-run-as-oil-slides, 27 Jul 2026]