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

Shahzad F. Malik

2 years ago

Daily Top-10 Current Affairs MCQs / News (March 04, 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

March 04, 2022: National / International Current Affairs

1. Pakistan likely to remain on FATF grey list until June

• Pakistan is likely to remain on the so called grey list of the Financial Action Task Force (FATF) for another four months i.e. until June for a couple of unmet targets under the additional criteria.
• The concluding session of the plenary meeting of the FATF, a Paris-based global money laundering and terrorist financing watchdog, is due on Friday (today) and includes Pakistan`s review on the agenda.
• Pakistan is now targeting the full completion of the2021 action plan on antimoney laundering and combating terror financing (AML/CFT) by the end of January 2023.
• Pakistan has been on the grey list for deficiencies in its counter-terror financing and anti-money laundering regimes since June 2018.

2. Navy foiled Indian sub`s attempt to enter Pakistani waters: ISPR

• The Inter Services Public Relations (ISPR) on March 3, 2022 said the navy had successfully foiled an Indian submarine`s attempt to enter Pakistani waters earlier this week.
• According to ISPR Director General Maj Gen Babar Iftikhar, Indian navy deployed its submarine against Pakistan with ulterior motives. However, yet again through continuous vigilance and professionalism, Pakistan Navy foiled Indian submarine`s attempt to enter Pakistani waters, he added.
• During the already prevailing security environment and ongoing Pakistan Navy`s Exercise Seaspark-22, the possibility of an Indian unit lurking into Pakistan`s maritime zone for reconnaissance and gathering information about the exercise was anticipated. Therefore, strict monitoring watch and stringent vigilance procedures were being enforced, the ISPR chief said

3. Pakistan, Uzbekistan seek release of frozen Afghan assets

• Pakistan and Uzbekistan pledged on March 3, 2022 to further cement their strategic, economic, social and cultural ties and emphasised the need for regional peace against the backdrop of the deteriorating situation in Afghanistan.
• The two sides renewed the pledge on the first day of a two-day visit of Uzbekistan`s President Shavkat Mirziyoyev, who arrived in Pakistan on Thursday in his first visit to the country after assuming office in 2016.
• During a joint press conference, Prime Minister Khan said trade between Pakistan and Uzbekistan had increased by 50 per cent. He said Pakistan wanted to enhance trade and connectivity between the two states and hoped that a rail link would also be established soon.
• The prime minister believed that both countries had the same stance on the issue of Islamophobia

4. Senate committee rejects Pakistan Psychological Council Bill

• The Senate Standing Committee on National Health Services (NHS) on March 3, 2022 unanimously rejected the Pakistan Psychological Council Bill as both houses have already passed the Allied Health Professional Council Bill and counselling has been included in it.
• Moreover, health ministry officials said that four MRI machines with fewer specifications will be procured as the budget for procurement was limited. The meeting was held under the chairmanship of Senator Dr Mohammad Humayun Mohmand at the Parliament House.
• Furthermore, committee members addressed the matter relating to issuance of show cause notices to 22 doctors over practicing something that they had not specialised in, raised by Senator Dr Zarqa Suharwardi Taimur. A member of Pakistan Medical Commission (PMC) informed the committee that PMC received a complaint from President House regarding an aesthetic practitioner but so far, PMC has examined eleven practitioners, four of whom were technicians and do not come in the ambit of PMC.
• Dr Zarqa said that PMC did not take any action against the practitioner mentioned in the complaint by President House

5. NA panel defers four key bills

• The National Assembly Standing Committee on Finance on March 3, 2022 deferred four important bills and directed the Finance Division to brief the committee in the next meeting.
• The committee chaired by MNA Faiz Ullah considered the four bills Covid-19 (Prevention of Smuggling) Bill 2020, Modaraba Companies (Flotation and Operations) (Amendment) Bill, 2021, State-owned Enterprises (Governance and Operations) Bill 2021 and Tax Law (Third Amendment) Bill 2021.
• All these bills were deferred to the next meeting with a directive for the ministry to submit a comparative statement on the bills.
• The Exim Bank of Pakistan chief executive officer informed the committee that the bank has been declared as development financial institution. It has been designated as the official Export Credit Agency of the country to be formed through an Act of Parliament

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6. Pact for debt suspension with Saudi fund signed

• Pakistan on March 3, 2022 signed an agreement with the Saudi Fund for Development (SFD) for suspension of debt servicing of $846 million for six years under the G20`s Debt Service Suspension Initiative (DSSI).
• The total amount of Pakistan`s external debt that has been suspended and rescheduled under the DSSI framework, covering the period from May 2020 to December 2021, is about $3.688 billion.
• Islamabad has already signed 80 agreements with 21 bilateral creditors for the rescheduling of its debts under the G20`s DSSI framework, amounting to rescheduling of $2.088bn. The signing of agreement with the Saudi Fund for Development brings the total rescheduled amount to $2.934bn. The negotiations for the remaining $754 million are underway and agreements are expected to be signed with respective bilateral development partners within the current fiscal year, the ministry of economic affairs said

7. Jinnah`s portrait unveiled at prestigious London club

• A Portrait of the founder of Pakistan, Quaid-i-Azam Mohammad Ali Jinnah, was installed at Whitehall`s prestigious private members` club, the National Liberal Club, in London on March 3, 2022.
• Mr Jinnah was a member of the club, and has been honoured with a portrait to commemorate his membership in 1913, along with Dadabhai Naoroji.
• The portrait, painted by portrait artist Kaya Mar, was inaugurated by Pakistan High Commissioner to the UK Moazzam Ahmad Khan as part of Pakistan`s 75th independence anniversary celebrations in the presence of artists, writers, and club members.
• The portraits of Mr Jinnah and Mr Naoroji become the first ones of South Asian leaders to grace the main hallway of the club, which prides itself on `British liberalism`.

8. Mariupol under siege, Russian aircraft pound Chernihiv

• Russian forces pressed their way deeper into Ukraine on March 3, 2022, seizing a strategic seaport and threatening to overtake a major energy hub on the eighth day of the invasion, even as the two sides met in Belarus for a second round of face-to-face discussions.
• Russian troops are seeking to lay seige to the Ukrainian city of Mariupol, seeking to cut it off from electricity, water, heating and transportation, its mayor said Thursday.
• `They are trying to create a blockade here, just like in Leningrad,` Vadym Boichenko said in a statement referring to the horrific seige of Russia`s second largest city by the Nazis during World War II, which left hundreds of thousands dead.
• Ukrainian media reports said Russian troops had also entered the southern city of Enerhodar, a major energy hub on the Dnieper River that accounts for about one quarter of the country`s power generation. It is the site of the Zaporizhzhia nuclear plant, the biggest in Europe

9. Turkey walks a diplomatic tightrope in war

• The signs of Russian presence have long been visible in Turkey, from rows of tourists on Antalya beaches to the Russian battleships ploughing their way through the Bosphorus.
• President Recep Tayyip Erdogan has worked hard to forge close ties with his counterpart Vladimir Putin, despite being on opposing sides of several conflicts, including in Syria and Libya.
• Ankara has bought Russian missile defence systems against the wishes of its Nato partners and is dependent on Moscow for energy and trade

10. Sri Lanka ends policy on burial of Muslim Covid patients

• Sri Lanka on Thursday ended a heavily criticised policy that required Muslim Covid-19 victims to be buried at a remote government-designated site in the absence of their families or final religious rites.
• Only a year ago, Colombo reversed an initial policy of enforced cremations prohibited by Islam under intense international pressure, while still refusing to allow traditional burials at graveyards. In Thursday`s new directive, the country`s top health official said the bodies of virus victims could now be handed over to relatives for burial at any cemetery of their choosing.
• `The method of disposal, burial or cremation, at any cemetery or burial ground is at the discretion of relatives,` Health Director-General Asela Gunawardena said.

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