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Daily Top-10 Current Affairs MCQs / News (June 26, 2022) for CSS, PMS

Shahzad F. Malik
Daily Top-10 Current Affairs MCQs / News (June 26, 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

June 26, 2022: National / International Current Affairs

1. Pakistan losing LNG bidding war to Europe

• With a spiraling energy crisis brought on by the Russian invasion of Ukraine putting pressure on global fuel reserves, a key member of the federal cabinet admitted on June 25, 2022 that the country simply could not compete with the buying power of European countries who were also potential customers for the same reserves that Pakistan desperately needed.
• According to State Minister for Petroleum Musadik Malik, Pakistan`s failure to find a bidder for liquefied natural gas (LNG) slots had forced authorities to shift to alternative sources of energy for power generation, which would take a month or so to yield results.
• `The situation is that we have carried out two rounds of tenders of three to four tenders each, but no one responded to them,` he said in reply to a question put to him by a journalist during a media interaction on the sidelines of a two-day conference organised by the Centre for Excellence in Journalism (CEJ) at the Institute of Business Administration (IBA)

2. FO asks G-20 to keep away from events in Indian-held Kashmir

• Pakistan on June 25, 2022 cautioned G-20 countries against accepting Delhi`s proposal for holding some of the meetings of the bloc`s next year`s summit in India-held Jammu and Kashmir, saying it was India`s attempt to legitimise its illegal control of the disputed region.
• `Pakistan completely rejects any such attempt by India,` Foreign Office spokesman Asim Iftikhar said in response to reports that Delhi was planning to hold some of the G-20`s 2023 summit-related events in India-held Kashmir.
• India will assume the presidency of G-20 countries, a bloc of advanced and emerging economies, for next year. As the president of the grouping, India would host the Leaders` Summit, and ministerial and officials` meetings. Civil society events would also be planned on this occasion

3. AJK unveils Rs164bn budget amid opposition boycott

• The Azad Jammu and Kashmir (AJK) government has unveiled a Rs163.7 billion budget for the next fiscal year in the legislative assembly on Saturday amid a boycott by the combined opposition.
• The budget outlay comprises Rs28.5bn for development and Rs135.2bn for recurring expenses.
• The session, presided over by Deputy Speaker Chaudhry Riaz Gujjar, started more than three hours behind schedule, as a ministerial team kept on trying to pacify the opposition.
• In the previous session, the opposition announced a boycott of proceedings over `unlawful amendments` to the assembly`s rules of procedure as well as the `denial of an equal share of development funds` to them by the government despite an apex court judgement

4. Pakistan ranks 29th among countries having gas reserves

• Pakistan ranks 29th among the countries holding natural gas reserves.
• This was revealed in the findings of a gas monitor report presented by Dr Amanullah Mahar, Director Center for Environmental Sciences, University of Sindh, Jamshoro.
• He said total extractable potential is reported around 24 TCFT, however, 4 billion cubic feet (BCFT) is the daily gas production.
• He said Sindh had 124gas Helds and accounts for 63pc. The biggest Held of natural gas is in the Sul region of Balochistan accounting for 6pc.
• Country has proven reserves equivalent to 12 times its annual consumption

5. Free meal initiative launched in GB schools

• Gilgit-Baltistan Chief Minister Khalid Khurshid Khan and chief secretary Mohyuddin Ahmed Wani on June 25, 2022 launched a free-meal initiative for students in government schools.
• The `school Khana (food) programme` was inaugurated at a function held in a government primary school in Khomar area of Gilgit.
• Speaking on the occasion, Mr Khurshid said GB became the first region in Pakistan where free meal would be provided to students in government schools. He said providing food to schoolchildren would help ensure their mental and physical development and enhance literacy rate

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6. Multiple electricity buyers` market launched

• The National Electric Power Regulatory Authority (Nepra) has formally launched the Competitive Trading Bilateral Contract Market (CTBCM)-a new model under which any of the bull( power consumers (one megawatt and above) may come out of the system of the power distribution companies (Discos) and procure electricity from the officially approved or designated power suppliers in the open market.
• The new arrangement also allows the Discos to buy electricity from the open market and supply it to their customers through their distribution system (11kV to 132kV), Dawn has learnt.
• `Since the CTBCM model/system is ready to deliver (with effect from May 31), it has now been launched formally

7. Biden signs new gun control bill into law

• US President Joe Biden on June 25, 2022 signed into law his country`s first gun-control bill in decades that seeks to prevent people with criminal records and mental problems from acquiring firearms.
• The bill now known as the Bipartisan Safer Communities Act 2022 passed the House of Representatives on Friday evening by 234 to 193 votes.
• The US Senate passed the bill late Thursday by a 65-33-vote and sent it to the House. As promised by Speaker Nancy Pelosi, the House acted swiftly and sent it to the president on Friday evening for signing it into law. President Biden also acted promptly and put his signature on the bill early Saturday morning before leaving on a week-long trip to Europe

8. Taliban seek more aid for quake victims, pledge no interference

• As vital medical supplies reached hospitals on June 25, 2022 in quake-hit areas of Afghanistan, the country`s Taliban government appealed for more international aid and pledged on Saturday they would not interfere with international efforts to distribute aid to victims.
• The United Nations and several other countries have rushed aid to the affected areas, with more due to arrive over the coming days.
• The UN`s migration agency said it had begun distributing thousands of emergency shelters and hygiene kits in affected areas, whereas China`s foreign ministry spokesperson Wang Wenbin confirmed on Saturday that the Beijing would provide 50 million yuan ($7.5 million) in emergency humanitarian aid including tents, sheets, convertible beds to quake-hit Afghanistan. The first shipment of Chinese aid would reach Afghanistan on Monday by a charter flight

9. Russia`s army `fully occupies` Severodonetsk

• As Moscow seeks to gain full control over the east of Ukraine after capturing Severodonetsk, President Vladimir Putin in a TV broadcast before a meeting with Belarusian leader Alexander Lukashenko announced that Russia would deliver missiles capable of carrying nuclear warheads to Belarus in the coming months.
• `In the coming months, we will transfer to Belarus Iskander-M tactical missile systems, which can use ballistic or cruise missiles, in their conventional and nuclear versions, Putin said in a broadcast at the start of their meeting in Saint Petersburg.
• He also offered to upgrade Belarus` warplanes to make them capable of carrying nuclear weapons, amid soaring tensions with the West over Ukraine

10. Pakistan`s Shajar sets new 100m national record in Almaty

• Pakistan`s young athlete Shajar Abbas has set a new national record in 100-metres race at the 31st Qosanov Memorial International Athletics Championships in Almaty, Kazakhstan on June 25, 2022.
• According to information received here, the 22-year-old Shajar performed impressively to complete the 100-metre heat in 10.38 seconds, breaking the Pakistan record of 10.42 seconds set by Afzal Baig at the 2005 Islamic Games staged in Makkah.
• The Sahiwal-based Shajar in the process qualified for the100-metre final round which was scheduled to be held later on Saturday

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