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Daily Top-10 Current Affairs MCQs / News (April 28, 2022) for CSS, PMS

Shahzad F. Malik
Daily Top-10 Current Affairs MCQs / News (April 28, 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 28, 2022: National / International Current Affairs

1. LHC wants governor to ensure CM takes oath today

• The Lahore High Court (LHC) on April 27, 2022 advised the Punjab governor to ensure completion of the process of the administration of oath to chief minister-elect Hamza Shehbaz either himself or through his nominee not later than Thursday (today).
• In a related development, the PML-N, PPP and the PTI`s dissident lawmakers in the province have decided to support Punjab Assembly Deputy Speaker Dost Muhammad Mazari as the provincial legislature is set to take up a no trust resolution against him on Thursday.
• Meanwhile, sources close to Punjab Governor Umar Sarfraz Cheema said there were no plans to administer the oath to Hamza

2. Bilawal becomes youngest foreign minister

• Following in the footsteps of his grandfather Zulfikar Ali Bhutto, Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari on April 27, 2022 took oath as the foreign minister, formally joining the federal cabinet of Prime Minister Shehbaz Sharif.
• President Dr Arif Alvi administered the oath to the PPP chairman at the presidency. On the occasion, the venue echoed with slogans of `Jiye Bhutto` as soon as Mr Bilawal was sworn in as Pakistan`s youngest foreign minister.
• PM Sharif, PPP Co-chairman Asif Ali Zardari and Sanam Bhutto, the sister of slain former prime minister Benazir Bhutto, were also present at the swearing-in ceremony.

3. IMF, Pakistan technical-level talks begin

• Minister of State for Finance Aisha Ghaus Pasha said on April 27, 2022 that Pakistan and the International Monetary Fund (IMF) have started their technical level talks for an enhanced financial package from the fund.
• In Dubai, a senior IMF officials told journalists that the fund has urged Pakistan to bring its current account deficit under control as the country`s new government seeks an increase in the size and duration of the current programme.
• In 2019, the IMF approved a $6 billion loan for Pakistan but concerns about the pace of IMF-mandated reforms have delayed its disbursements, although half of this amount has been disbursed.
• The IMF completed the 6th review of the programme in February, which led to the disbursement of $1bn. Pakistan has asked the IMF to enhance its bailout package from the remaining $3bn to $5bn

4. Sehat Card programme to get legal protection as KP cabinet okays bill

• The Khyber Pakhtunkhwa cabinet on April 27, 2022 approved proposed legislation to give legal cover to the ruling Pakistan Tehreek-i-Insaf`s flagship free healthcare initiative, Sehat Card programme.
• According to spokesman for the government Barrister Mohammad Ali Saif, the KP Universal Health Coverage Bill, 2022, will ensure the continuation of the Sehat Card programme on a permanent basis to provide free health services to the people of the province.
• The cabinet met with Chief Minister Mahmood Khan in the chair. Ministers and administrative secretaries also attended the meeting.

5. Govt raises T-bill yields by up to 129bps

• After an unexpected increase of up to 129 basis points by the government in April 27, 2022 auction, the cut-off yields on treasury bills hit a 22-year high creating a large room for further hike in the State Bank of Pakistan (SBP) policy rate.
• In the first week of this month, the central bank had increased the benchmark interest rate by 250 basis points to 12.25 per cent to counter the growing inflationary pressure and rising cut-off yields on T-bills.
• The SBP on Wednesday reported that the government increased the benchmark six-month T-bills rates by 114 basis points to 14.99 per cent. Money market experts were not expecting such a high rate as it has reduced profits on their previous investments in T-bills

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6. New FBR chief appointed one month before budget

• The 13-party coalition government on April 27, 2022 appointed a senior officer of the Inland Revenue Service (IRS) Asim Ahmed as the chairman of the Federal Board of Revenue (FBR) in the wake of a change in the federal government.
• Mr Asim replaced the incumbent chairman Ashfaq Ahmed who was appointed on Aug 24, 2021. Mr Ashfaq is the second top bureaucrat after Azam Khan, the personal secretary to former Prime Minister Imran Khan, who was removed from his position.
• Earlier, the PTI government appointed Asim Ahmed as chairman of FBR on April 4, 2021. He served nearly four months in the position before he was replaced on August 24, 2021, after a cyberattack on taxpayers` data, which apparently was an excuse to replace him

7. EU defies gas `blackmail`, Putin fires off dire threats

• The European Union warned Russia on April 27, 2022 it would not bend to `blackmail` over its support for Kyiv, after the Kremlin cut off gas supplies to Bulgaria and Poland.
• Russia`s President Vladimir Putin, meanwhile, warned that if Western forces intervene in Ukraine, they will face a `lightning fast` military response.
• `We have all the tools for this, that no one else can boast of having,` he told lawmakers, implicitly referring to Moscow`s ballistic missiles and nuclear arsenal

8. Israeli air strikes kill 10 combatants, soldiers in Syria

• Israeli air strikes near Damascus on April 27, 2022 killed 10 combatants, among them six Syrian soldiers, in the deadliest such raid since the start of 2022, a war monitor said.
• The Syrian Observatory for Human Rights said an ammunition depot and several positions linked to Iran`s military presence in Syria were among the targets.
• Government media in Syria confirmed four casualties in the strikes, on which Israel did not comment.

9. SpaceX launches another mission to ISS for Nasa

• Days after a SpaceX Dragon capsule crewed by wealthy adventurers splashed down off Florida`s coast, another launched on Wednesday, this time for a Nasa mission to the International Space Station.
• The Crew-4 mission blasted off from the Kennedy Space Center at 3:52am, carrying Americans Kjell Lindgren, Bob Hines and Jessica Watkins, as well as Italian Samantha Cristoforetti of the European Space Agency.
• The event was livestreamed on Nasa`s website and social media

10. Former Chitral MNA Shahzada Mohiuddin passes away

• Shahzada Mohiuddin, a scion of royal family of Chitral and a former MNA, passed away in the wee hours on April 27, 2022.
• Mr Mohiuddin was born on August 5, 1938, to Shahzada Amiruddin a son of Sir Shujaul Mulk the Mehtar of Chitral, who ruled the princely state from 1895 to 1936. Born in an era when his family ruled the princely state, Shahzada Mohiuddin saw first-hand the erosion of that power. Even as a young boy he would often contemplate the reasons for the fading influence of his family and how to salvage it.
• By 1969, after years of regression at the local level, and wider political developments, the state of Chitral was dissolved and merged into Pakistan

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