The Petroleum Policy 2012 focuses on providing fiscal incentives and regulatory frameworks to boost upstream exploration and production activities in the oil and gas sector to ensure economic stabilization.
Consider the following statements about the Pak-Turkiye relationship as discussed on July 4, 2026:
1. Pakistan maintains a firm stance in support of the Turkish Republic of Northern Cyprus.
2. Turkiye provides consistent support for the people of Jammu and Kashmir.
3. The two leaders agreed that military intervention is the only path to preserving international peace.
Which of the statements given above is/are correct?
Statements 1 and 2 are correct as they reflect the mutual support on core national issues. Statement 3 is incorrect because the leaders explicitly reaffirmed that dialogue, diplomacy, and mutual respect are the only sustainable paths to resolving disputes. [Source: https://www.dawn.com/news/2012929/two-hearts-with-one-soul-pm-shehbaz-says-pak-turkiye-economic-partnership-entering-a-new-phase, 04 Jul 2026]
83
The Islamabad Memorandum of Understanding, which was highlighted during the July 4, 2026, visit, was signed to address which of the following?
The Prime Minister expressed appreciation for Turkiye's support regarding the Islamabad Memorandum of Understanding, which was signed on June 18, 2026, to end the US-Iran war. This reflects the diplomatic role both nations play in regional security. [Source: https://www.dawn.com/news/2012929/two-hearts-with-one-soul-pm-shehbaz-says-pak-turkiye-economic-partnership-entering-a-new-phase, 04 Jul 2026]
84
Consider the following statements about the events of July 3, 2026:
1. Prime Minister Shehbaz Sharif traveled to Istanbul immediately after attending the funeral ceremony in Tehran.
2. The funeral of Ayatollah Ali Khamenei was held at the Imam Khomeini Grand Mosalla.
3. The assassination of the Iranian Supreme Leader occurred in a joint strike involving the United States and Israel.
Which of the statements given above is/are correct?
All three statements are factually accurate based on the provided information. The Prime Minister departed for Istanbul after the ceremony, the venue was the Grand Mosalla, and the strike was attributed to US-Israeli involvement. [Source: https://www.dawn.com/news/2012668/pm-shehbaz-cdf-munir-pay-respects-to-irans-assassinated-supreme-leader-khamenei, 03 Jul 2026]
85
The recent MoUs signed between Pakistan and Turkiye in the energy sector involved which of the following Turkish entities?
The MoUs were signed between Pakistani entities and Turkish counterparts, including the Turkish Electricity Transmission Corporation (TEIAS) and the Turkish Electricity Distribution Corporation (TEDAS). TPAO and BOTAŞ are major energy entities but were not the signatories for these specific power sector agreements. [Source: https://www.dawn.com/news/2012743/pm-shehbaz-arrives-in-turkiye-on-official-visit, 03 Jul 2026]
86
All of the following are key areas of cooperation discussed between Pakistan and Turkiye during the July 4, 2026, visit EXCEPT:
The leaders specifically emphasized trade, investment, and industrial cooperation as the pillars of the new phase of their economic partnership. Space exploration was not mentioned as a focus area in the official discussions. [Source: https://www.dawn.com/news/2012929/two-hearts-with-one-soul-pm-shehbaz-says-pak-turkiye-economic-partnership-entering-a-new-phase, 04 Jul 2026]
87
Which business group did Prime Minister Shehbaz Sharif meet with during his official visit to Turkiye on July 4, 2026?
Prime Minister Shehbaz Sharif held a meeting with a business delegation led by the Chairman of the Albayrak Group, Ahmet Albayrak, to discuss investment opportunities. The other options are major Turkish conglomerates not mentioned in the context of this specific meeting. [Source: https://www.dawn.com/news/2012929/two-hearts-with-one-soul-pm-shehbaz-says-pak-turkiye-economic-partnership-entering-a-new-phase, 04 Jul 2026]
88
Who accompanied Prime Minister Shehbaz Sharif to Tehran to pay respects to the late Iranian Supreme Leader?
Prime Minister Shehbaz Sharif was accompanied by the Chief of Defence Forces and Chief of Army Staff, Field Marshal Asim Munir, during his visit to Tehran on July 3, 2026. Other officials were not reported as part of this specific delegation. [Source: https://www.dawn.com/news/2012668/pm-shehbaz-cdf-munir-pay-respects-to-irans-assassinated-supreme-leader-khamenei, 03 Jul 2026]
89
Which Pakistani minister accompanied Prime Minister Shehbaz Sharif during his official visit to Turkiye in July 2026?
Minister for Information and Broadcasting Attaullah Tarar, along with Deputy Prime Minister and Foreign Minister Senator Ishaq Dar, accompanied the Prime Minister on his visit. The other ministers listed were not mentioned as part of the official delegation for this specific trip. [Source: https://www.dawn.com/news/2012743/pm-shehbaz-arrives-in-turkiye-on-official-visit, 03 Jul 2026]
90
Which of the following statements regarding the fuel tax structure in July 2026 is INCORRECT?
The government actually doubled the climate support levy to Rs5 per litre, not reduced it to zero. Options A, B, and C accurately reflect the tax components mentioned in the fiscal data. [Source: https://www.dawn.com/news/2012738/govt-slashes-petrol-diesel-prices-by-rs197, 03 Jul 2026]
