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The MCQs below are drawn from the Current Affairs subject category.
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1641
Consider the following statements about Pakistan's economic outlook for 2026:
1. The government expects inflationary pressures to ease due to the reopening of the Strait of Hormuz.
2. The size of the national economy reached 452.1 billion dollars by the end of the fiscal year.
3. The consumer price index (CPI) inflation for June 2026 was recorded at 15 percent.
Which of the statements given above is/are correct?
Statement 1 and 2 are factually correct based on the Ministry of Finance report. Statement 3 is incorrect because the ministry anticipated June inflation to remain within the range of 11-12 percent, not 15 percent. [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]
1642
Which two countries acted as the primary mediators for the Islamabad Memorandum of Understanding?
The Islamabad MoU was brokered through the joint mediation efforts of Qatar and Pakistan. Other countries listed did not serve as the primary brokers for this specific diplomatic framework. [Source: https://www.dawn.com/news/2012207/trump-says-us-getting-along-well-with-iran-as-both-countries-hold-indirect-talks-in-qatar, 01 Jul 2026]
1643
What specific maritime region was identified for the establishment of a communication line to avoid incidents between the US and Iran?
The agreement included the establishment of a communication line specifically to prevent military or naval incidents in the Strait of Hormuz. The other options represent critical global maritime chokepoints that were not the focus of this specific de-escalation measure. [Source: https://www.dawn.com/news/2009504/us-iran-genuinely-want-peace-in-the-region-pm-shehbaz, 21 Jun 2026]
1644
Who was elected as the Chief Minister of Gilgit-Baltistan on June 22, 2026?
Advocate Amjad Hussain was elected unopposed as the Chief Minister of Gilgit-Baltistan following the assembly session. Hafeezur Rehman was designated as the opposition leader, while Imran Nadeem Shigri was elected as the Speaker. [Source: https://www.dawn.com/news/2009973/ppps-amjad-hussain-elected-as-gb-chief-minister-after-members-take-oath, 22 Jun 2026]
1645
Who won the by-election in the Makerfield constituency on June 21, 2026?
Andy Burnham, the Mayor of Greater Manchester, won the by-election in Makerfield, which significantly increased pressure on Keir Starmer to resign. Peter Kyle is the Business Secretary who confirmed Starmer was reflecting on political realities. [Source: https://www.dawn.com/news/2009758/uk-pm-starmer-mulling-political-realities-senior-minister, 21 Jun 2026]
1646
Which of the following statements regarding the June 22, 2026, incident in Qatar is INCORRECT?
Qatari authorities explicitly stated that the explosion was an accident and NOT sabotage or hostile in nature. Options A, B, and D are factually accurate descriptions of the event. [Source: https://www.dawn.com/news/2009790/pakistani-indian-nationals-among-13-dead-after-technical-malfunction-at-qatar-lng-plant, 22 Jun 2026]
1647
Which article of the Constitution of Pakistan empowers the President to issue a Proclamation of Emergency if the security of Pakistan is threatened by war, external aggression, or internal disturbance?
Article 232 of the Constitution of Pakistan provides the constitutional mechanism for the declaration of emergency, distinguishing it from the provincial emergency powers outlined in Article 234 and financial emergency powers in Article 235.
The IDA is the part of the World Bank that helps the world's poorest countries by providing loans (called credits) and grants for programs that boost economic growth and reduce inequalities.
The FATF is an inter-governmental body that sets standards and promotes effective implementation of legal, regulatory, and operational measures for combating money laundering and terrorist financing.
According to the Constitution of Pakistan, the power of the purse and the authority to approve the federal budget reside with the National Assembly, ensuring legislative oversight of fiscal policy.
