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]
102
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]
103
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]
104
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]
105
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]
106
Within the structure of international climate governance, what is the primary function of the Conference of the Parties (COP)?
The COP is the supreme decision-making body of the UNFCCC, where all states that are parties to the Convention meet annually to review the implementation of the Convention and any other legal instruments.
CBDR acknowledges that while all states are responsible for addressing climate change, developed countries have a greater historical responsibility and capacity to lead, a core tenet of the UNFCCC.
The UN Security Council is the primary organ tasked with the maintenance of international peace and security, possessing the authority to issue binding resolutions and authorize enforcement actions.
Consider the following statements about the 2026 Apple leadership transition:
1. John Ternus has historically focused on hardware engineering and product design.
2. Tim Cook has served as CEO of Apple for fifteen years.
3. The leadership change is intended to help Apple compete more effectively in the age of artificial intelligence.
Which of the statements given above is/are correct?
Statement 1 is correct as Ternus led hardware engineering. Statement 2 is incorrect because Cook served as CEO from 2011 to 2026, which is 15 years, but the math is often a trap; however, 2011 to 2026 is exactly 15 years, making the statement factually true. Wait, 2026 minus 2011 is 15. Therefore, all three are correct. [Source: https://www.dawn.com/news/1993605/apple-says-chief-executive-tim-cook-stepping-down-in-september, 20 Apr 2026]
110
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]