Daily Top-10 Current Affairs MCQs / News (February 11, 2022) for CSS, PMS

Shahzad F. Malik

2 years ago

Daily Top-10 Current Affairs MCQs / News (February 11, 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

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February 11, 2022: National / International Current Affairs

1. `Unrealistic` circular debt management plan revised

• The power division conceded on February 10, 2022 its earlier path to circular debt reduction was unrealistic, as the previous projection for the ongoing fiscal year was underestimated by Rs450 billion and required higher tariff increases than anticipated.
• Based on revised estimates, the Cabinet Committee on Energy (CCoE) approved a revised circular debt management plan (CDMP) that would need about Rs2.17 per unit increase in base uniform national electricity tariff in July 2022.
• This will be in addition to about 65 paisa per unit increase in base tariff by the end of current month for which the National Electric Power Regulatory Authority has already completed a public hearing

2. Pakistan qualifies for more MSCI indices

• Pakistan is now eligible for MSCI`s Frontier Market (FM) 100 and FM 15 per cent country capped indices, the global investment index provider said on February 10, 2022.
• As a result, companies from Pakistan are now qualified to become part of the two indices in MSCI`s May 2022 Semi-Annual Index Review.
• `This can attract limited foreign inflows. However, the market will continue to be driven by local investors,` said Fahad Rauf of Ismail Iqbal Securities.
• Indices by MSCI help passive investors allocate their funds in a variety of equity markets around the world

3. Most Pakistanis have developed short-term immunity against Covid: expert

• While a large number of Pakistanis have developed short-term immunity against Covid-19, `Stealth Omicron (BA.2)`, a sub-variant of Omicron, is rapidly spreading in Scandinavian countries and will reach Pakistan, sooner or later.
• During the past 24 hours, another 3,914 people were infected and 47 succumbed to the coronavirus. The national positivity was recorded at 7.1 per cent with 1,716 patients in critical condition.
• Omicron, the most transmissible variant of Covid-19, was first reported in Pakistan in December last year, after which cases started increasing rapidly. The country reported that 8,183 people were infected on January 27, the highest number of cases in a single day since beginning of the pandemic

4. Bill seeking end to charlatanism approved by Senate body

• The Senate Standing Committee on National Health Services (NHS) on February 10, 2022 approved a bill which suggests putting an end to charlatanism in the medical field on the condition that five points in it be amended.
• The bill has been moved as allegations against a number of health practitioners have emerged with people saying that they falsely presented themselves as specialists besides prescribing unregistered medicines.
• Title of the bill has also been changed. It will now be called `Allied and Health Professional Council Bill`.
• The bill was moved on behalf of Zaheer ud din Babar Awan, adviser to the prime minister on parliamentary affairs, in the Senate on Jan 24,2022.

5. Rs273bn cleared for Karachi Circular Railway

• The Central Development Working Party (CDWP) on February 10, 2022 cleared a total of three development projects with a cumulative estimated cost of about Rs280 billion, including the Karachi Circular Railway (KCR).
• The meeting presided over by Deputy Chairman Planning Commission Dr Jahanzeb Khan finalised at Rs273.071bn the cost of KCR as a modern urban railway project and requested the Executive Committee of the National Economic Council (Ecnec) to approve its implementation in the Public-Private Partnership (PPP) mode on a build-operate-transfer basis.
• A meeting of the board of Public-Private Partnership Authority (P3A) presided over by Planning Minister Asad Umar on Jan 25 had asked the Railways Division and the Planning Commission to finalise the cost estimates and submit them to the CDWP for scrutiny and subsequent approval by the Ecnec.

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6. Denmark ready to allow US troops on its soil

• Nato member Denmark said on February 10, 2022 it was ready to allow US military troops on its soil as part of a new bilateral defence agreement with the US, amid rising tensions between the West and Russia over Ukraine.
• The Scandinavian country has become one of Washington`s closest European allies in the past two decades, having fought alongside the US in Iraq.
• `The United States has reached out to Denmark, proposing a bilateral defence cooperation,` Prime Minister Mette Frederiksen told reporters.

7. Russia begins drills in Belarus, draws ominous warning from Nato

• Russia rolled its tanks across Belarus on February 10, 2022 for live-fire drills that drew an ominous warning from Nato and added urgency to Western efforts to avert a feared invasion of Ukraine.
• Nato said Russia`s deployment of missiles, heavy armour and machine-gun toting soldiers marked a `dangerous moment` for Europe some three decades after the Soviet Union`s collapse.
• The war games set to run until February 20 followed a gradual Russian military buildup around Ukraine that some US estimates say has reached 130,000 soldiers grouped in dozens of combat brigades

8. No religious clothing until hijab row is settled, says Indian court

• A court in a southern Indian state told students on February 10, 2022 not to wear any religious clothing until it delivers a verdict on petitions seeking to overturn a ban on hijabs, headscarves used by Muslim women.
• The court in Karnataka state is considering petitions filed by students challenging a ban on hijabs that some schools have implemented in recent weeks.
• `We will pass an order. But till the matter is resolved, no student should insist on wearing religious dress,` the Press Trust of India news agency quoted Chief Justice Ritu Raj Awasthi as saying.
• The court also directed the state to reopen schools and colleges which the chief minister had shut for three days as protests over the ban escalated earlier this week

9. Pakistan Super League Sultans` juggernaut rolls on as Zalmi put to the sword

• Needing a victory to reignite their faltering campaign, Peshawar Zalmi were never in the chase.
• Multan Sultans` Zimbabwean pacer Blessing Muzarabani had them on the ropes by the end of the second over, sending back both openers in the space of five deliveries in their HBL Pakistan Super League match at the Gaddafi Stadium on Thursday.
• The target of 183 at that point looked a mountain to scale. The scale of their task got even bigger when star batter Liam Livingstone wassen trudging back by Abbas Afridi on the final ball of the powerplay, leaving Zalmi at a deflating 42-3.
• In the end, they were bundied out for 140.

10. Virologist who discovered HIV virus dies

• French virologist Luc Montagnier, who won a Nobel Prize for his part in discovering the human immunodeficiency virus (HIV) that causes AIDS, has died.
• Montagnier, who was 89, shared half of the 2008 Nobel Prize for Medicine with fellow French scientist Francoise Barre-Sinoussi for their role in discovering the virus. The other half was awarded to German cancer researcher Harald zur Hausen.
• Montagnier, who sparked controversy in 2020 by saying that he believed the coronavirus was created in a Chinese lab, was born in 1932 in France and gained a Ph.D. in virology at the University of Paris.
• Helater became Director of the World Foundation for AIDS Research and Prevention in Paris

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