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The MCQs below are drawn from the Current Affairs subject category.
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64061
Consider the following statements regarding the fuel conservation measures issued in March 2026:
1. The directive applies to all offices working under the KP Finance Department.
2. The Prime Minister has directed the finance and petroleum ministers to coordinate with provinces for a conservation strategy.
3. The fuel conservation measures were implemented because the government has no petroleum reserves left.
Which of the statements given above is/are correct?
Statements 1 and 2 are correct as they reflect the scope of the provincial directive and the federal government's coordination efforts. Statement 3 is incorrect because the government explicitly assured the nation that petroleum reserves were sufficient. [Source: https://www.dawn.com/news/1979478/kp-finance-dept-orders-adoption-of-fuel-conservation-measures-due-to-anticipated-disruptions, 07 Mar 2026]
64062
Which priority assignment did the KP Finance Department emphasize must not be hampered by the new fuel conservation measures?
The notification explicitly states that the ongoing budget cycle and preparation for the upcoming financial year remain a priority and must not be hampered by the austerity measures. Other administrative tasks are secondary to this fiscal requirement. [Source: https://www.dawn.com/news/1979478/kp-finance-dept-orders-adoption-of-fuel-conservation-measures-due-to-anticipated-disruptions, 07 Mar 2026]
64063
Consider the following statements about the economic outlook for FY26 as reported by the SBP:
1. The current account deficit is expected to be close to the lower bound of the 0-1 percent of GDP range.
2. NCPI inflation is expected to remain above the upper bound of the 5-7 percent medium-term target range for most of FY27.
3. The war in the Middle East has had no impact on the volume-driven increase in imports observed in H1-FY26.
Which of the statements given above is/are correct?
Statements 1 and 2 are accurate reflections of the SBP's projections regarding the current account deficit and inflation trajectory. Statement 3 is incorrect because the report notes that the war began to weigh on output and economic activity in the latter part of the fiscal year, contradicting the idea that it had no impact. [Source: https://www.dawn.com/news/1999677/despite-improved-macroeconomic-stability-in-first-half-of-fy26-war-in-middle-east-poses-significant-risks-to-outlook-sbp, 12 May 2026]
64064
Consider the following statements regarding fuel price management in Pakistan:
1. The government currently revises petroleum prices on a weekly basis every Friday night.
2. High-speed diesel is used exclusively for private passenger vehicles.
3. The government announced a reduction in fuel prices in the week preceding June 26, 2026.
Which of the statements given above is/are correct?
Statement 1 is correct as the government adopted a weekly revision schedule. Statement 3 is correct because the Prime Minister announced a significant reduction in prices the week prior to the June 26 announcement. Statement 2 is incorrect because diesel is primarily used for heavy transport and power generation, not private passenger vehicles. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]
64065
As of June 26, 2026, what is the fixed price per litre for petrol in Pakistan?
The government maintained the petrol price at Rs299.50 per litre on June 26, 2026. The figure Rs311.47 represents the price of high-speed diesel, while the other options reflect historical price points. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]
64066
Which provincial government department issued the directive for fuel conservation measures on March 7, 2026?
The Khyber Pakhtunkhwa Finance Department issued the notification on March 7, 2026, to ensure the judicious use of petroleum products. Other departments like Planning or Local Government were not the primary issuers of this specific austerity directive. [Source: https://www.dawn.com/news/1979478/kp-finance-dept-orders-adoption-of-fuel-conservation-measures-due-to-anticipated-disruptions, 07 Mar 2026]
64067
Which of the following is NOT a measure directed by the KP Finance Department to conserve fuel?
While virtual meetings, travel restrictions, and monitoring are part of the directive, a mandatory work-from-home policy for all employees was not included in the provincial notification, although it was part of a separate proposed national action plan that was deferred. [Source: https://www.dawn.com/news/1979478/kp-finance-dept-orders-adoption-of-fuel-conservation-measures-due-to-anticipated-disruptions, 07 Mar 2026]
64068
What was the average National Consumer Price Index (NCPI) inflation rate recorded in H1-FY26?
The SBP report confirms that NCPI inflation averaged 5.2 percent during the first half of FY26, which was approximately two percentage points lower than the same period in the previous year. [Source: https://www.dawn.com/news/1999677/despite-improved-macroeconomic-stability-in-first-half-of-fy26-war-in-middle-east-poses-significant-risks-to-outlook-sbp, 12 May 2026]
64069
What is the primary reason cited for the anticipated disruptions in the supply chain of petroleum products in March 2026?
The notification explicitly links the anticipated disruptions to the Middle East crisis and the resulting logistical challenges in the Strait of Hormuz. Other options like refinery maintenance or port congestion are not the stated causes for this specific policy shift. [Source: https://www.dawn.com/news/1979478/kp-finance-dept-orders-adoption-of-fuel-conservation-measures-due-to-anticipated-disruptions, 07 Mar 2026]
64070
The 'Cockroach Janta Party' movement gained significant traction on which social media platform?
The movement amassed millions of followers on Instagram within days of its creation in mid-May 2026. It utilized this platform to channel youth frustration regarding unemployment and exam irregularities. [Source: https://www.dawn.com/news/2017491/exam-paper-leak-protests-and-gandhi-siblings-arrest-indias-cockroach-youth-movement-explained, 22 Jul 2026]
