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1251
Consider the following statements about the fuel pricing policy in Pakistan as of July 2026:
1. The government has transitioned from weekly to daily fuel price revisions.
2. High-speed diesel is primarily utilized in the heavy transport sector and power plants.
3. The All Pakistan Dealers Association has fully supported the new daily pricing mechanism.
Which of the statements given above is/are correct?
Statements 1 and 2 are correct as they reflect the government's policy shift and the usage profile of diesel. Statement 3 is incorrect because the Dealers Association rejected the daily pricing decision and threatened protests. [Source: https://www.dawn.com/news/2016247/govt-increases-petrol-price-by-rs544-diesel-by-rs3105-per-litre-for-next-three-days, 17 Jul 2026]
1252
Consider the following statements about the conflict developments as of March 13, 2026:
1. The US Defence Secretary stated that over 15,000 targets have been struck since the war began.
2. Sirens were reported at Turkey's Incirlik airbase, a facility housing US troops.
3. Iran's Revolutionary Guards have promised to welcome all anti-government protests to foster national unity.
Which of the statements given above is/are correct?
Statement 3 is incorrect because the Revolutionary Guards warned that protests would be met with a stronger response, not welcomed. Statements 1 and 2 are factually accurate based on the report. [Source: https://www.dawn.com/news/1981719/deadly-blast-rocks-iran-as-leaders-rally-in-show-of-defiance, 13 Mar 2026]
1253
Consider the following statements regarding policy developments and national events occurring in August 2026:
1. The Sindh Governor has taken steps toward institutional modernization by inaugurating an AI laboratory at an engineering university.
2. The Government of Pakistan has unveiled a roadmap to restructure and unbundle existing gas utility companies into five distinct entities.
3. The national transport sector has announced a nationwide protest action slated to commence on August 8 due to operational grievances.
All statements are verified: the Governor of Sindh inaugurated an AI laboratory at SSUET; the government formally proposed restructuring gas utilities SNGPL and SSGCL into five entities; and transport associations have confirmed a nationwide strike beginning August 8. [Source: https://www.brecorder.com/news/40433354/nehal-inaugurates-ai-lab-at-ssuet]
1254
Which fiscal tool did the Prime Minister utilize to reduce the petrol price to Rs378 per litre following the April 2026 price hike?
The government slashed the petroleum levy by Rs80 per litre to provide immediate relief to consumers. This is a common fiscal instrument used to adjust the final ex-depot price of fuel. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]
1255
Which of the following statements regarding the recent fuel price adjustment is INCORRECT?
The All Pakistan Dealers Association rejected the daily pricing decision and planned to protest against it, making statement C incorrect. The other statements accurately reflect the price changes and the effective date. [Source: https://www.dawn.com/news/2017065/govt-decreases-petrol-price-by-rs035-increases-diesel-by-rs571-per-litre, 20 Jul 2026]
1256
What was the peak price per litre reached by high-speed diesel (HSD) on April 3, 2026?
On April 3, 2026, HSD prices reached a peak of Rs520.35 per litre. The other figures represent different historical price points for either petrol or diesel. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]
1257
What is the primary geopolitical cause cited for the recent global energy market volatility affecting Pakistan?
The energy crunch is attributed to the US-Iran war and the resulting blockade of the Strait of Hormuz. This event disrupted global oil supply chains, forcing frequent domestic price revisions. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]
1258
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]
1259
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]
1260
Which sector is primarily identified as the main consumer of high-speed diesel (HSD) in Pakistan?
High-speed diesel is primarily utilized by the heavy transport sector, power plants, and large generators. Conversely, petrol is the fuel of choice for private transport, small vehicles, and two-wheelers. [Source: https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders, 26 Jun 2026]