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Daily Top-10 Current Affairs MCQs / News (April 21, 2022) for CSS, PMS

Shahzad F. Malik
Daily Top-10 Current Affairs MCQs / News (April 21, 2022) for CSS, PMS
WELCOME TO CSS TIMES DAY BY  DAY CURRENT AFFAIRS, YOUR BEST SOURCE FOR UP-TO-DATE AND DAILY TOP CURRENT AFFAIRS 2022 FOR PREPARATION OF CSS, PMS, BANKING, NTS, RAILWAYS AND ALL COMPETITIVE EXAMS.  “DAY TO DAY CURRENT AFFAIRS” BASICALLY IS TOP 10 NEWS SUMMARY ON CURRENT HAPPENINGS OF NATIONAL AND INTERNATIONAL IMPORTANCE FOR ALL EXAMINATIONS

April 21, 2022: National / International Current Affairs

1. IMF wants PTI`s relief package `reversed`

• Newly-appointed Finance Minister Miftah Ismail on April 20, 2022 said the International Monetary Fund (IMF) wanted Pakistan to take a number of steps to do away with subsidies extended by the previous government, including raising fuel price and power tariff, to revive its Extended Fund Facility (EFF).
• The fund had set a series of prior conditions involving steep fiscal adjustment close to Rs1.3 trillion, Mr Ismail told media persons before leaving for Washington.
• The IMF wants fuel prices increased to breakeven and taxes restored, amnesty scheme discontinued for industries, circular debt reduced, power rates raised and fiscal savings ensured in order to completely reverse the Feb 28relief package, the minister said

2. HEC chairman`s powers restored through unanimous vote

• Higher Education Commission (HEC) Chairman Dr Tariq Banuri on April 20, 2022 was given his power back through a unanimous vote on Wednesday.
• According to a statement issued by the commission, the powers of the HEC chairman, that had been delegated to the commission`s executive director in February through a resolution, were given back to him.
• Mr Banuri had remained in trouble during the PTI regime as he was removed from the post in March 2021 through a presidential ordinance that reduced his four-year term to two years. He was restored by Islamabad High Court (IHC) as the commission`s chairman in January this year.
• However, he faced another setback in February when members of the commission adopted a resolution moved by Education Secretary Naheed S. Durrani, with 14 members in its favour and seven against it, delegating the power of HEC chairman to its executive director.

3. Acting IB chief appointed

• The federal government on April 20, 2022 appointed Intelligence Bureau Academy commandant Fuad Asadullah Khan as acting director general of Intelligence Bureau (IB).
• According to the notification issued by the Establishment Division, Khan, a BS-21 officer of IB, “is assigned current charge of the post of Director General Intelligence Bureau during the leave of Director General Dr Mohammad Suleman or till the posting of regular DG.
• Dr Suleman proceeded to three months leave a day before the no confidence motion was adopted.
• Initially, a summary was moved for the appointment of Abdul Khalique Sheikh as acting DG IB

4. FBR launches reforms plan

• The Federal Board of Revenue (FBR) has launched Inland Revenue Strategic Reform Plan (2021-25) to improve tax administration in the four strategic areas.
• The plan provides reform actions to improve tax administration in the four strategic reform areas which include improving tax compliance, strengthening tax administration, building institutional capacity, and reinforcing legislative framework. The plan clearly sets the reform agenda for the four-year period from 2021-22 through to 2024-25. FBR Chairman Ashfaq Ahmed chaired the launching ceremony.
• The event was also attended by key officials of international donors including World Bank, IMF, Asian Development Bank, and senior leadership of FBR

5. Navy ship visits Bahrain as part of maritime security patrol

• Pakistan Navy ship Shamsheer on April 20, 2022 visited Port Mina Salman, Bahrain, during deployment on regional maritime security patrol.
• In a press release, the PN said the ship was patrolling the assigned areas and contributing to international efforts to ensure maritime security in the region.
• Upon arrival at the port, the ship was warmly received by naval and air attaché of Pakistan and senior national representatives of Pakistan at the HQ Navcent, Bahrain.
• During the stay at the port, the Commanding Officer PNS Shamsheer called on Commander Royal Bahrain Naval Forces, Commander Coast Guard Bahrain and Commander Combined Maritime Forces.

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6. Air pollution brings down life expectancy in Peshawar: study

• A study on air pollution in the provincial capital has revealed a reduction in life expectancy and said the residents were losing 2.3 years of their life to the higher particulate matter.
• The report of the study on `Status of Air Pollution in Peshawar` was formally launched here on Wednesday.
• The report was produced by the Peshawar Clean Air Alliance (PCAA), a civil society-led network of stakeholders sharing a common vision of improving Peshawar`s air quality in collaboration with NGO Sustainable Energy and Economic Development.
• `The Air Quality Life Index estimates that citizens of Peshawar can add up to 2.3 years to years to their life expectancy if PM2.5 levels meet the WHO guidelines,` it said

7. Russia tests intercontinental nuclear-capable missile

• Russia said on April 20, 2022 it had conducted a first test launch of its Sarmat intercontinental ballistic missile, a new addition to its nuclear arsenal which President Vladimir Putin said would give Moscow`s enemies something to think about.
• Putin was shown on television being told by the military that the missile had been launched from Plesetsk in the country`s northwest and hit targets in the Kamchatka peninsula in the far east.
• The Sarmat has been under development for years and so its test-launch is not a surprise for the West, but it comes at a moment of extreme geopolitical tension due to Russia`s eight-week-old war in Ukraine

8. Moscow has sent 500,000 Ukrainians forcibly to Russia, EU told

• Moscow has deported 500,000 people from Ukraine to Russia, a leading member of the parliament in Kyiv told European lawmakers on Wednesday, calling on the Red Cross to establish contact with those missing.
• `Half a million of Ukrainian citizens were deported from Ukraine to the Russian Federation without agreement from their side,` said Mykyta Poturayev, the head of the Ukrainian parliament`s humanitarian committee.
• This news agency could not independently verify the figure given by Poturayev, who did not give details or supporting evidence. `Unfortunately there is no opportunity for now even (to mal(e) contact with these people,` Poturayev told members of the European Parliament by video link

9. US leads G20 boycott of Russian finance officials

• US Treasury Secretary Janet Yellen led a multination walkout of a meeting on April 20, 2022 of finance officials from the world`s richest countries when Russian officials spoke, in protest against Moscow`s invasion of Ukraine.
• Moscow`s attack on its neighbour loomed over the meeting of G20 finance ministers and central bank governors, the first since President Vladimir Putin ordered the invasion in late February.
• British, French and Canadian officials joined the boycott, officials confirmed, underscoring the boiling tensions at the gathering

10. UK sets target of 40pc women on company boards

• Women should make up at least 40pc of boards at British listed companies and one director should be a person of colour, the country`s financial watchdog said on April 20, 2022 as it set a range of diversity targets for firms` top leaders.
• At least one senior position such as company chair, chief executive or chief financial officer should be held by a woman, the Financial Conduct Authority said, largely confirming early proposals. The FCA said companies will have to make annual statements showing how they are complying with the new rules, or explain any divergences.
• `As investors pay increasing attention to diversity at the top of the companies they invest in, enhancing transparency at Board and executive management level will help hold companies to account and drive further progress,` said Sarah Pritchard, the FCA`s executive director of markets

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