February 2022

Daily Top-10 Current Affairs MCQs / News (February 04, 2022) for CSS, PMS

6. Britain to increase investment in Balochistan

• The Balochistan chief minister and the British High Commissioner agreed on February 3, 2022 to increase British investment in various sectors.
• This understanding was reached when British High Commissioner Dr Christian Turner met Chief Minister Abdul Qudoos Bizenjo here on Thursday and discussed ways to increase British investment in the province.
• The two agreed that Balochistan`s Board of Investment and Trade would consult the British Deputy High Commissioner for trade for follow-up measures.
• Mr Bizenjo apprised the British High Commissioner of the progress being made on Reko-Dig project and some other projects in the province


7. SBP launches free P2P fund transfers under Raast

• The State Bank of Pakistan (SBP) on February 3, 2022 directed banks to introduce free person-to-person (P2P) fund transfers under Raast, a digital payment system.
• The central bank said it has issued instructions to banks that will enable P2P payments in the country through Raast.
• The central bank has been working hard for reforms in the financial system through digitisation and improvement in the payment system.
• Several measures were taken to bring the payment system on a fast track with minimum time spent


8. Taliban close to international recognition, claims foreign minister

• The Taliban are inching closer towards international recognition but any concessions Afghanistan`s new rulers make will be on their terms, the regime`s foreign minister said in an interview.
• In his first interview since returning from talks with Western powers in Oslo, Foreign Minister Amir Khan Muttaqi also urged Washington to unlock Afghanistan`s assets to help ease a humanitarian crisis.
• No country has formally recognised the government installed after the Taliban seized power in August as US-led forces withdrew following a 20-year occupation.
• But Muttaqi said that Afghanistan`s new rulers were slowly gaining international acceptance


9. Erdogan offers to host summit on Ukraine

• Turkish President Recep Tayyip Erdogan offered on February 3, 2022 on a visit to Kiev to hold a Ukraine-Russia summit, as EU leaders stepped up outreach to the Kremlin to defuse fears Moscow could invade.
• The diplomatic offensive came as Russia accused the United States of ratcheting up `tensions` by sending 1,000 soldiers to Romania and 2,000 to Poland to bolster Nato`s eastern flank.
• As Moscow refuses to pull back over 100,000 troops from Ukraine`s borders, the leaders of European powerhouses Germany and France said they were eyeing possible visits to Russian President Vladimir Putin in Moscow.
• French President Emmanuel Macron was set to hold his third phone call in a week with Putin later on Thursday and also talk to Ukrainian President Volodymyr Zelensky


10. Israel, Bahrain sign new defence memo in signal towards Iran

• Israel and Bahrain signed a defence agreement on February 3, 2022 as part of a show of cooperation aimed at sending a message towards archenemy Iran.
• Defence Minister Benny Gantz signed the memorandum of understanding with his Bahraini counterpart in the capital of Manama, a key step after the two nations normalised ties in 2020.
• He called the agreement `a new high point in the countries` relationship that will help protect other countries in the region. Earlier, Gantz and his Bahraini counterpart visited the headquarters of the US Navy`s 5th Fleet, which is based in the strategically located Persian Gulf country


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