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Daily Top-10 Current Affairs MCQs / News (March 27, 2022) for CSS, PMS

Shahzad F. Malik
Daily Top-10 Current Affairs MCQs / News (March 27, 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 27, 2022: National / International Current Affairs

1. With her Indian nightmare finally over, Sumaira returns to Pakistan

• Sumaira Rehman, a Pakistani woman who had been languishing in a detention centre at Bangalore in India for some four years, has finally returned to Pakistan along with her four-year-old daughter Sana Fatima.
• PML-N Senator Irfan Siddiqui, who had last week said Indian authorities have completed all formalities for Sumaira`s release, made the disclosure while talking to reporters here.
• Indian authorities handed over Sumaira and her daughter to Pakistani authorities at the Wagah border.
• Pakistani High Commission officials accompanied Sumaira from Bangalore to Wagah border

2. Saudi firm to help Pakistan assess Reko Diq gold, copper quantity

• Balochistan Chief Minister Mir Abdul Qudoos Bizenjo, while defending a recently signed agreement on the Reko Dig copper and gold mining project with a Canadian company, has disclosed that a Saudi Arabian firm would set up a refinery in Gwadar to assess the quantity of minerals extracted from the site.
• `I have taken all political leaders, parties and public representatives into confidence before signing the Reko Diq project, which will prove a gateway for foreign investment in Balochistan as [Canadian firm] Barrick Gold Corporation will invest $10 billion,` he said during an interaction with senior journalists and newspapers editors at Chief Minister House on Friday night.
• He said the agreement clearly mentioned it `would be cancelled if the [Canadian] company failed to start work within three years at the site allotted for exploration and mining

3. Tax collection from sugar sector jumps to Rs26.5bn

• The revenue collection in the current sugar crushing season posted a robust growth of 33 per cent over the corresponding period of last year, which according to tax officials is mainly due to the introduction of an innovative digital monitoring system of sugar production.
• The sales tax collection reached Rs26.5 billion in the first four months -Dec 21, 2021 to March 22 -as against Rs19.9bn collected during the corresponding period in the last crushing season, registering an increase 33pc or Rs6.59bn.
• Besides the introduction of a digital system, the production of sugar also posted impressive growth in the current season

4. ADB asks Pakistan to boost savings, investments

• Pakistan`s economy remains vulnerable despite a stable debt outlook as investment rates have remained very low at 15.2 per cent of GDP in the last fiscal year, says the Asian Development Bank.
• The under-developed capital markets in Pakistan have contributed to the ineffective mobilisation of savings, leading to a wide saving-investment gap. The banks` own credit origination capacity was hampered by the ineffective role of the country`s capital markets, and the economy remained dependent on volatile foreign capital.
• The development of domestic capital markets can have the benefit of increasing the government`s access to local currency financing by issuing debt through domestic open market operations and thereby help manage foreign exchange risk and inflation better

5. Closed since 2019, Khunjerab to reopen for trade from 1st

• After remaining closed for more than two and a half years, a key land border crossing between Pakistan and China at Khunjerab is being reopened for trade activities from April l.
• Khunjerab Pass was closed in November 2019 to contain the transmission of the coronavirus between the two countries.
• The pass was temporarily opened in July and September 2020 and again in November 2021, only to facilitate the transportation of the containers loaded with goods that had been stranded in China.
• During the temporary opening of the border, stranded containers from China were unloaded at Khunjerab Top instead of the port at Sost

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6. Taliban `block unaccompanied women from flights`

• Afghanistan`s Taliban rulers refused to allow dozens of women to board several flights, including some overseas, because they were traveling without a male guardian, two Afghan airline officials said on Saturday, whereas dozens of girls demonstrated in the Afghan capital demanding the right to go to school.
• The officials, who spoke on condition of anonymity for fear of repercussions from the Taliban, said dozens of women who arrived at Kabul`s international airport Friday to board domestic and international flights were told they couldn`t do so without a male guardian.
• Some of the women were dual nationals returning to their homes overseas, including some from Canada, according to one of the officials. Women were denied boarding on flights to Islamabad, Dubai and Turkey on Kam Air and the state-owned Ariana Airline, said the officials.
• The order came from the Taliban leadership, said one official

7. Nuclear deal with Iran `very close`, says EU

• Top European Union diplomat Josep Borrell has said Iran and world powers are `very close` to agreement on reviving their 2015 nuclear deal, which would curb Tehran`s nuclear programme in exchange for lifting tough sanctions.
• Then-US President Donald Trump abandoned the pact in 2018, prompting Tehran to start violating its nuclear limits about a year later, and 11 months of on-and-off talks to revive it paused in Vienna earlier this month after Russia presented a new obstacle.
• Russia later said it had received written guarantees that it would be able to carry out its work as a party to the deal, suggesting Moscow could allow it to be resuscitated

8. Russia signals less ambitious goals in Ukraine war

• Russia has signalled it may dial back its war aims to focus on eastern Ukraine after failing to break the nation`s resistance in a month of fighting and attacks on civilians, including up to 300 feared killed in the bombing of a theatre. Russian President Vladimir Putin had ordered the February invasion to destroy Ukraine`s military and topple pro-Western President Volodymyr Zelensky, bringing the country under Russia`s sway.
• But Sergei Rudskoi, a senior general, suggested a considerably reduced `main goal` of controlling Donbas, an eastern region already partly held by Russian proxies.
• His surprise statement came as a Western official reported that a seventh Russian general, Lieutenant General Yakov Rezanstev, had died in Ukraine and that a colonel had been `deliberately` killed by his own demoralised men

9. Saudi Arabia `foils oil tanker attack` after rebels disrupt F1

• Saudi forces destroyed explosives laden boats and launched air strikes in Yemen on Saturday after Houthi rebel drones and missiles hit targets around the country, setting off an inferno at an oil plant within sight of Jeddah`s Formula One race.
• Three people were killed in the operation against the booby-trapped boats, according to the Saudi-led coalition, which also carried out air raids on the Yemeni cities of Sanaa and Hodeida overnight.
• It marked a violent seventh anniversary of the coalition`s military intervention in Saudi Arabia`s impoverished neighbour Yemen, after the Iran-backed Houthis had seized the capital Sanaa in 2014

10. Russia accuses Azerbaijan of violating ceasefire deal in Karabakh

• Moscow on March 26, 2022 accused Azerbaijan of violating a ceasefire agreement by entering the Russian peace keeping mission`s zone in the breakaway region of Nagorno-Karabakh and using drones to strike Karabakh troops.
• `Violating the provisions of a trilateral statement of the leaders of Russia, Azerbaijan and Armenia from November 9, 2020, Azerbaijan`s armed forces between March 24 and March 25 entered the zone of responsibility of the Russian peacekeeping contingent in Nagorno-Karabakh and set up an observation post,` the Russian defence ministry said in a statement.
• The statement added that Turkish-made drones were used to strike Karabakh troops near the village of Farukh also known as Parukh

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