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Daily Top-10 Current Affairs MCQs / News (February 08, 2022) for CSS, PMS

Daily Top-10 Current Affairs MCQs / News (February 08, 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 2021 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

February 08, 2022: National / International Current Affairs


1. Chinese investors exempted from project approvals

• In a major shift from the investment regime, Pakistan has decided to exempt Chinese investors from about 37 approvals for investment projects, besides completing prior actions like payments of dues to power producers and creating a revolving fund for future interest payments to the existing investors to perk up investments in phase-II of the multi-billion-dollar China-Pakistan Economic Corridor (CPE C).
• This was the crux of `the highest-level communication` Prime Minister Imran Khan had with the Chinese political and business leadership during his four-day visit to Beijing on the eve of Winter Olympics 2022, according to Special Assistant to the Prime Minister (SAPM) on CPEC Khalid Mansoor.


2. 19 killed in avalanche on Afghan-Pakistan border

• At least 19 people were killed by an avalanche on February 7, 2022 while crossing a remote mountain pass from Afghanistan to Pakistan, a Taliban official said.
• Scores of Afghans cross illegally to Pakistan every day through the porous mountain border in search of jobs or to buy essential goods for trade.
• Najibullah Hassan Abdal, head of information for Kunar province, said rescue workers were still searching at the scene of the avalanche.
• `Nineteen bodies have been recovered already,` he said


3. Afghan humanitarian crisis to affect Pakistan, warn senators

• Senators from both sides of the aisle have warned that a humanitarian crisis is brewing in Afghanistan that could have serious ramifications for Pakistan`s national security.
• Speaking on a motion seeking to discuss the rapidly developing humanitarian crisis in Afghanistan and Pakistan`s role in averting it, moved by Senator Mushtaq Ahmad of the Jamaat-i-Islami on February 7, 2022, the senators called for urgent steps to alleviate the sufferings of the Afghan people.
• Former Senate chairman and Pakistan Peoples Party (PPP) stalwart Mian Raza Rabbani in his speech noted that Pakistan would be affected the most by a humanitarian crisis in Afghanistan and it would have an impact on the country`s national security


4. Peshawar High Court issues notices over withdrawal of EPZ tax exemptions

• The Peshawar High Court on Monday stopped the Federal Board of Revenue (FBR) from levying sales tax under the recently passed Finance (Supplementary) Act, 2022, on the imports of an industrial unit situated in an export processing zone (EPZ).
• A bench consisting of Justice Ijaz Anwar and Justice Syed Arshad Ali fixed March 22 for the next hearing into a petition of the Ameen and Brothers Enterprise against the withdrawal of exemptions from the levy of sales tax on imports and exports of items by units situated in the EPZs.
• The petitioner requested the court to declare illegal the Finance (Supplementary) Act 2022`s Section 3`s sub-section 8 (a) (i) through which Entry No. 102 of the Sixth Schedule of the Sales Tax Act, 1990, had been removed.


5. US counts Pakistan among lowest Covid-risk countries

• The main US health agency continues to place Pakistan among the countries where the chances of catching Covid-19 are low.
• In its latest update on the pandemic, the US Centers for Disease Control and Prevention (CDC) placed Pakistan in level-1, which is its lowest category for getting infected by a disease. The agency places India in level-3, which includes countries where the chances of catching Covid-19 are high. Another South Asian country, Bangladesh, is in level-2 with a moderate risk of infection.
• Countries like China, Brazil, Anguilla, Kosovo, Mexico and a dozen others are in level-4 where the chances of infections are very high

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6. Students take to streets over hijab ban in India

• A ban on Islamic headscarves at schools has prompted an outcry among Muslims in southern India, with large crowds taking to the streets on February 7, 2022 to protest against the restrictions.
• The standoff in Karnataka state has galvanised fears among the minority community about what they say is increasing persecution under the Hindu nationalist government of Prime Minister Narendra Modi.
• Students at a government run high school were told not to wear hijabs last month, an edict that soon spread to at least two other educational institutions in the state


7. US adds 33 Chinese firms to red flag list

• The Biden administration is raising red flags about 33 Chinese companies whose legitimacy it cannot verify, imposing new restrictions on their ability to receive shipments from US exporters and requiring extra diligence from American companies that want to do business with them.
• The Commerce Department said on Monday that it was adding the companies to what is known as the Unverified List, a roster of businesses worldwide that are subjected to stricter export control because US officials have been unable to do customary checks.
• The ability to verify the legitimacy and reliability of foreign parties receiving US exports through the timely completion of end-use checks is a core principle of our export control system, Matthew Axelrod, the department`s assistant secretary for export enforcement, said in a statement


8. UAE delegation visits Israeli parliament, Jewish memorial

• Three members of the United Arab Emirates` Federal National Council visited Israel`s parliament on February 7, 2022, becoming the first Emirati delegation there since the US-brokered normalisation of ties in 2020.
• `When we talk about Abraham Accords agreements, we want you to look at the big picture,` Ali Rashid al-Nuaimi, chairman of the council`s defence, interior and foreign affairs committee, said at the Israeli foreign and defence committee.
• `It`s not a political agreement only, it`s not an issue related to security and defence issue. No, it is an agent of change for the whole region,` Nuaimi said, advocating `full engagement in all sectors`


9. Writer, politician Bushra Rehman passes away

• Fiction writer and former lawmaker Bushra Rehman passed away on February 7, 2022.
• Bushra Rehman was born in Bahawalpur in 1944. She did her MA Journalism from the Punjab University.
• She was elected to the Punjab Assembly on a reserved seat for women in 1985 and then the 1990 elections. She served as an MNA on a seat reserved for women in 2002 and 2008.


10. Pakistan Super League Roy runs riot as Gladiators return to winning ways

• After a woeful start to their HBL Pakistan Super League campaign, it was the Englishman`s brutal hitting that inspired the Gladiators to their second win in five matches, snapping a run of two losses, as they pulverized the Lahore Qalandars by seven wickets here at the National Stadium.
• Roy hit eight towering sixes and 11 boundaries in 116 off 57 deliveries, leaving the Qalandars scratching their heads. After all, they had posted 204 on the board after having been put in to bat. But Roy enabled the Gladiators to make short work of the total they had to chase.
• His intentions were clear when he danced down the ground to clear long-off for a six off Shaheen Shah Afridi`s on only the second ball of the innings.


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