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The MCQs below are drawn from the Current Affairs subject category.
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1591
Consider the following statements about the current status of the Indus Waters Treaty:
1. India has unilaterally placed its treaty obligations in abeyance.
2. Pakistan has ceased providing hydrological data to India since 2026.
3. The Pakistan Commissioner for Indus Waters considers the lack of data-sharing a strategic hazard.
Which of the statements given above is/are correct?
Statement 1 is correct as India has placed the treaty in abeyance. Statement 2 is incorrect because Pakistan has continued to provide the required data despite the current tensions. Statement 3 is correct as the Commissioner explicitly identified the lack of data as a strategic hazard. [Source: https://www.dawn.com/news/2011838/indus-commissioner-says-he-wrote-to-indian-counterpart-4-times-over-chenab-fluctuations-but-no-reply-so-far, 30 Jun 2026]
1592
Which of the following is NOT a category of the 40 Conditions Precedent satisfied for the PIACL privatization?
The conditions precedent included regulatory, commercial, and governance matters such as taxation, infrastructure, and policy reforms. The Prime Minister does not directly appoint himself to the board of the privatized entity. [Source: https://www.dawn.com/news/2011655/govt-formally-transfers-management-control-of-pia-to-arif-habib-led-consortium, 29 Jun 2026]
1593
According to the Ministry of Finance, the current account recorded a surplus of how much during the period of July 2025 to May 2026?
The external sector remained stable, with the current account recording a surplus of 255 million dollars during the Jul-May period of the 2026 fiscal year, supported by remittances and IT exports. [Source: https://www.dawn.com/news/2011978/govt-expects-easing-inflationary-pressure-in-new-fiscal-year-following-reopening-of-strait-of-hormuz, 30 Jun 2026]
1594
The primary surplus achieved by Pakistan during the period of July 2025 to April 2026 was:
Effective expenditure management and revenue mobilization efforts enabled the government to achieve a primary surplus of 3.5 percent of GDP during the Jul-Apr period of the 2026 fiscal year. [Source: https://www.dawn.com/news/2011978/govt-expects-easing-inflationary-pressure-in-new-fiscal-year-following-reopening-of-strait-of-hormuz, 30 Jun 2026]
1595
Who serves as the chairperson for the interview committees constituted for the Lahore High Court and the Islamabad High Court?
Justice Syed Hassan Azhar Rizvi of the Federal Constitutional Court was appointed to chair the committees for both the LHC and IHC. Justice Aamer Farooq chairs the committees for the SHC and BHC. [Source: https://www.dawn.com/news/2012237/no-supreme-court-judge-in-jcp-panels-for-vetting-high-court-judges, 01 Jul 2026]
1596
The principle of 'Non-Interference' is a foundational pillar of which regional geopolitical framework?
The ASEAN Way, codified in the ASEAN Charter, emphasizes non-interference in the internal affairs of member states as a primary mechanism for maintaining regional stability and consensus-based decision-making.
In the context of economic stabilization, which policy measure is typically associated with 'austerity' as prescribed by international financial institutions?
Austerity measures in economic stabilization programs involve cutting government spending and increasing tax revenue to reduce fiscal deficits and stabilize national debt levels.
The Dispute Settlement Body (DSB) is the core institutional mechanism of the WTO, tasked with adjudicating trade conflicts and ensuring compliance with multilateral trade agreements.
The SCO is fundamentally a Eurasian political, economic, and security alliance, with its primary institutional focus being regional security, counter-terrorism, and stability among member states.
Which of the following best describes the primary governance function of the United Nations Security Council regarding international peace and security?
The UN Security Council holds the primary responsibility for international peace and security and is the only UN body with the authority to issue resolutions that are legally binding on all member states under Chapter VII of the UN Charter.
