CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
What net profit did UBS report for the second quarter of 2026?
A. $1.8 billion
B. $2.39 billion
C. $2.8 billion
D. $3.8 billion
Correct Answer: C
UBS reported second-quarter net profit attributable to shareholders of $2.8 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
The PBOC's planned overnight reverse-repo operations were scheduled for:
A. 29-31 July and 3 August 2026
B. 1-4 August 2026 only
C. Every day in September 2026
D. 29 July and 29 August only
Correct Answer: A
The operations were announced for 29-31 July and 3 August 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
How much liquidity did the People's Bank of China plan to inject through overnight reverse repos?
A. 600 billion yuan
B. 1.2 trillion yuan
C. 2.1 trillion yuan
D. 5 trillion yuan
Correct Answer: C
The PBOC announced a total overnight-repo liquidity injection of 2.1 trillion yuan.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
What global GDP growth rate was projected for 2026 in the Reuters poll?
A. 1.9%
B. 2.4%
C. 2.9%
D. 3.9%
Correct Answer: C
Global GDP growth for 2026 was projected at approximately 2.9 percent.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Inflation forecasts were raised and growth forecasts reduced across how many of the 50 major economies surveyed?
A. 19
B. 29
C. 39
D. 49
Correct Answer: C
The poll reported such forecast revisions across 39 of 50 major economies.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
A Reuters global-economy survey cited responses from approximately how many economists?
A. 100
B. 250
C. 500
D. 1,000
Correct Answer: C
The Reuters poll involved nearly 500 economists.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which group was accused by regional officials of trying to sabotage the Kashmir elections?
A. Tehreek-e-Labbaik Pakistan
B. Joint Awami Action Committee
C. Balochistan National Party
D. Pashtun Tahafuz Movement
Correct Answer: B
Officials accused the outlawed Joint Awami Action Committee, or JAAC, of attempting to derail the elections.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
The phased elections for the constitutional assembly in Pakistan-administered Kashmir were scheduled to continue until:
A. 1 August 2026
B. 5 August 2026
C. 10 August 2026
D. 14 August 2026
Correct Answer: C
The regional elections were reported as continuing in phases through 10 August 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Haramosh Bridge was reported to be located at which road distance marker?
A. RD 10
B. RD 25
C. RD 50
D. RD 100
Correct Answer: B
The NHA report placed Haramosh Bridge at RD 25 on the Jaglot-Skardu Road.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which authority restored Haramosh Bridge after heavy rainfall?
A. Pakistan Railways
B. National Highway Authority
C. Frontier Works Organisation only
D. National Disaster Management Authority
Correct Answer: B
The National Highway Authority completed the emergency restoration work.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Haramosh Bridge is located on which road?
A. Karakoram Highway near Khunjerab
B. Jaglot-Skardu Road
C. Islamabad-Murree Expressway
D. Quetta-Chaman Highway
Correct Answer: B
Haramosh Bridge is located on the Jaglot-Skardu Road.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which potential benefit of GM corn was discussed by the committee?
A. Reduced agricultural productivity
B. Increased import dependence
C. Stronger food security and agricultural productivity
D. Elimination of maize exports
Correct Answer: C
The committee discussed productivity, food security, lower import dependence and competitiveness as potential benefits.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
The proposed GM-corn working group was tasked primarily with developing recommendations on:
A. Defence procurement and border security
B. Regulation, transition, biosafety and supply chains
C. Tourism and hotel licensing
D. Telecommunications spectrum auctions
Correct Answer: B
The working group was assigned to prepare consensus recommendations on regulation, transition, biosafety and supply-chain requirements.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Who chaired the second meeting of Pakistan's Committee on Genetically Modified Corn?
A. Mustafa Kamal
B. Muhammad Aurangzeb
C. Rana Tanveer Hussain
D. Ishaq Dar
Correct Answer: B
Finance and Revenue Minister Senator Muhammad Aurangzeb chaired the meeting.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which institution was appointed financial adviser for outsourcing Islamabad International Airport?
A. World Bank
B. Asian Development Bank
C. Islamic Development Bank
D. International Finance Corporation
Correct Answer: B
The Asian Development Bank was appointed financial adviser for the Islamabad airport outsourcing process.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
What was the deadline for submission of Expressions of Interest for IESCO?
A. 7 August 2026
B. 21 August 2026
C. 7 September 2026
D. 30 October 2026
Correct Answer: C
The announced IESCO EOI deadline was 7 September 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
What was the deadline for submission of Expressions of Interest for GEPCO?
A. 7 August 2026
B. 21 August 2026
C. 7 September 2026
D. 21 September 2026
Correct Answer: B
The announced GEPCO EOI deadline was 21 August 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
What was the deadline for submission of Expressions of Interest for FESCO?
A. 7 August 2026
B. 21 August 2026
C. 7 September 2026
D. 30 September 2026
Correct Answer: A
The announced FESCO EOI deadline was 7 August 2026.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Under the proposed DISCO restructuring, what government-owned entity would be created to carve out selected assets and liabilities?
A. Sovereign Wealth Fund
B. Special Purpose Vehicle
C. Export Processing Zone
D. Public Accounts Committee
Correct Answer: B
A government-owned Special Purpose Vehicle was proposed to hold selected assets and liabilities.
CSS - PMS - CCE - PCS - Current Affairs (C.A)
Daily Current Affairs
Which set correctly lists the first batch of power distribution companies proposed for privatisation restructuring?
A. LESCO, MEPCO and PESCO
B. FESCO, GEPCO and IESCO
C. HESCO, SEPCO and QESCO
D. K-Electric, TESCO and MEPCO
Correct Answer: B
The first batch comprises Faisalabad, Gujranwala and Islamabad electric supply companies.