Daily Top-10 Current Affairs MCQs / News (Dec 17 2022) for CSS

Shahzad F. Malik

1 year ago

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December 17, 2022: National Current Affairs MCQs

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1. Ministry reluctant to put Raja`s name on ECL: NAB

• The National Accountability Bureau says it has informed the Supreme Court that the interior ministry is reluctant to put the name of Prime Minister Raja Pervez Ashraf on the exit control list (ECL) despite the court`s directives in the rental power projects (RPPs) case.
• `We have informed the Supreme Court about noncooperation of the interior ministry in the case,` NAB`s spokesman Zafar Iqbal told on December 16, 2022.
• Similarly, NAB recently sent a reminder to the interior ministry asking it to put the name of the prime minister and former finance minister Shaukat Tarin on the ECL in the Rs22 billion RPP scam case. Otherwise, it warned, the ministry would be responsible if they escaped abroad

2. Pak-Afghan meeting today amid unease at Chaman

• A day after armed clashes between Pakistan and Afghan forces claimed one life, the situation at the Chaman border remained calm with routine trade activities continuing unabated.
• Pakistan also summoned the Afghan chargé d’affaires to protest over the “unprovoked” shelling that left 15 people wounded.
• Amid the relative calm, the tension was palpable as forces on both sides of the border remained alert, with heavy weapons drawn.
• Quetta Corps Commander Lt-Gen Asif Ghafoor visited Chaman and reviewed the situation at the border in a meeting with the authorities

3. Bill limiting scope of foreign investment law to Reko Dig okayed

• The Senate on December 16, 2022 passed a bill to amend the Foreign Investment (Promotion and Protection) Act to limit its scope in Balochistan to the Reko Diq project.
• The development comes on the heels of an assurance that Law Minister Azam Nazeer Tarar gave earlier this week that the law would be Reko Dig-specific. He had also said then that the law would be suitably amended at a later stage after both houses of parliament had passed the bill.
• Section 1(2) of the original bill, bulldozed through the two houses of parliament on Dec 12 amid protest by members from the ruling coalition, said it `will extend to whole of Pakistan`

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4. Cabinet approves underground mass transit system for Lahore

• The Punjab cabinet on December 16, 2022 accorded approval to the underground mass transit system for Lahore and to incorporating underground blue and purple line mass transit projects in the Annual Development Programme.
• Presiding over the sixth cabinet meeting at his office, Chief Minister Chaudhry Parvez Elahi and his cabinet colleagues offered special prayers for the martyrs of the Army Public School Peshawar attack on their eighth anniversary and paid rich tributes to their sacrifice.
• Approval was also accorded to a 50 per cent decrease in the unit rates of ownership rights for landless farmers in Cholistan. These farmers and agriculture in general will greatly benefit from this step of the Punjab government. Approval was also granted to exempt ambassadors and consulates from value-added tax collection

5. CAD shrinks to $3.1bn in July-November

• The current account deficit (CAD) narrowed by 57 per cent during the first five months of the current fiscal year compared to the same period last fiscal year.
• The State Bank of Pakistan (SBP) reported on Friday that the CAD shrank to $0.28 billion in November from $0.57bn in October, a decline of 51.5pc. Cumulatively, CAD contracted by more than half to $3.lbn during July November against $7.2bn in the same period last year.
• The SBP said the decline was mainly due to a fall in imports by $4.8bn (16pc), while exports broadly remained unchanged.
• In fact, CAD declined to a 19-month low of $276m in November, while it fell by 86pc compared to $1.929bn during the same month last year

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6. Akif appointed SECP chief

• The federal government on December 16, 2022 appointed Akif Saeed as chairman of the Securities and Exchange Commission of Pakistan (SECP) replacing Amir Khan.
• Mr Khan was appointed commissioner and the chairman of SECP for another three-year term on Dec 6, 2021.
• Mr Saeed was appointed commissioner in SECP on Dec 13 along with Abdul Rehman Waraich and Mujtaba Lodhi.
• With the appointment of three new commissioners, the portfolios have also been re-designated among the five commissioners of the SECP

International Current Affairs MCQs News

7. Biden says US is `all in for Africa`, vows to promote democracy

• US President Joe Biden threw his support behind a larger African role in the world as he also vowed to champion democracy in a continent where China and Russia have enjoyed rising clout.
• `The United States is all in on Africa and all in with Africa, Biden told nearly 50 African leaders who spent three days in a wintry Washington summit that featured a gala White House dinner.
• `Africa belongs to the table in every room every room for global challenges that are being discussed,` Biden said

8. Jolie leaves UN refugee agency after 20 years

• Hollywood actress Angelina Jolie will quit her role as a special envoy for the UN refugee agency (UNHCR), but will remain a humanitarian activist, the United Nations said on December 16, 2022.
• Jolie, who has been on more than 60 field assignments during her 21 years with UNHCR, said she wanted to keep working with refugees outside of the global body.
• `I will continue to do everything in my power in the years to come to support refugees and other displaced people,` Jolie said in a statement announcing her departure

9. SpaceX rocket sends first water survey mission into orbit

• A SpaceX rocket blasted off early on December 16, 2022 carrying a US-French satellite designed to conduct an unprecedented global survey of Earth`s surface waters, a mission expected to shed new light on the mechanics and consequences of climate change.
• The Falcon 9 booster, owned and operated by Elon Musk`s commercial rocket company, lit up the pre-dawn sky along California`s coast as it roared off its launch pad at the Vandenberg Space Force Base, 260 1(m northwest of Los Angeles.
• The liftoff, directed by NASA, was shown live on a space agency webcast.

10. Azhar Ali to retire from international cricket after Karachi Test

• There was a change in schedule on what was meant to be a regular pre-match day here at the National Stadium on Friday, on the eve of the third Test between Pakistan and England.
• Of all people, it was Azhar Ali who appeared at the day`s first press conference. The Pakistan Cricket Board`s media manager said the veteran needed to `make a statement`.
• It wasn`t hard to guess what was about to come from Azhar then. The long-serving Pakistan batter still gave a disclaimer

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