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Daily Top-10 Current Affairs MCQs / News (May 25, 2022) for CSS, PMS

Shahzad F. Malik
Daily Top-10 Current Affairs MCQs / News (May 25, 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

May 25, 2022: National / International Current Affairs

1. Irrigation water shortage near 45pe, Irsa tells provinces

• Pakistan`s prevailing irrigation water shortage surged close to 45pc on May 24, 2022, compelling the Indus River System Authority (Irsa) to request the provincial governments to `plan in advance the utilization of available supplies in the river system efficiently, cautiously and judiciously during the dip`.
• In view of the `alarming water situation`, Irsa also asked the provincial irrigation secretaries to place carefully estimated rationalized indents (water requirement order by provinces) without any wastage till the improvement of water situation is seen in the first half of June 2022.
• Irsa informed the provincial irrigation secretaries in a joint letter that currently 40-45pc shortage was being distributed among Punjab and Sindh at the rim-stations, `resultantly a massive dip is likely to hit the Indus Basin Irrigation System with a lag time of about five to 15 days to the provinces` due to zero storage in the reservoirs.
• As a result, Punjab is being given 65,000-cusec water against its current share of 113,000 cusecs

2. S. Arabia finalising extension of $3bn deposit to Pakistan

• Saudi Arabia is finalising the extension of the kingdom`s $3 billion deposit to Pakistan, Saudi Minister of Finance Mohammed al-Jadaan told Reuters.
• `We are currently finalising extending the $3 billion deposit to Pakistan,` he said on the sidelines of the World Economic Forum in Davos.
• Last year, Saudi Arabia deposited $3 billion in Pakistan`s central bank to help support its foreign reserves.
• Jadaan did not offer further details, but on May 1 the two countries said in a joint statement that they would discuss the possibility of supporting the deposit by extending its term `or through other options`

3. MOU signed to combat antimicrobial resistance

• Antibiotic use in Pakistan has increased by 65pc over the last 16 years and the misuse and overuse of antimicrobials by health practitioners has increased resistance in humans which has resulted in severe illness and even deaths.
• To address this problem in the capital, Islamabad Healthcare Regulatory Authority (IHRA) officials and representatives of the Fleming Fund programme have signed a memorandum of understanding (MoU) to combat antimicrobial resistance (AMR), a statement issued by the IHRA said.
• The MoU will allow interventions in five public and private hospitals in Islamabad. Healthcare professionals and administrators of selected hospitals will be trained in AMR concepts and the importance of AMR stewardship

4. Cabinet to examine proposals for use of EVMs

• The federal cabinet decided on May 24, 2022 to examine proposals for the use of electronic voting machines (EVMs) and to allow overseas Pakistanis to vote in the next general election.
• The cabinet made a decision on the proposals subject to parliament`s approval of the report on a pilot project to be conducted on the two issues.
• The federal cabinet ratified the prime minister`s advice to the president regarding appointment of the Punjab governor.
• The cabinet also approved the formation of a special committee, to be headed by the federal law minister, with a mandate to hold consultations with all institutions and experts on enforced disappearances

5. Islamic banking to outpace conventional peers by 2026, says Moody`s

• With continuous strong growth trajectory, Pakistan`s Islamic banking industry is estimated to materially outpace conventional banking by 2026, according to Moody`s Investors Service.
• `Huge growth over the past decade shows no signs of slowing. The Islamic banking industry in Pakistan has grown by 24 per cent a year on average over the last decade, expanding by 30.6pc in 2021 alone,` said Moody`s in its latest report on Tuesday.
• `We expect growth in Islamic banking to continue to materially outpace conventional banking, reaching a market share of total assets and deposits of around 30pc by end 2026, with net financings market share at around 33pc,` it said attributing this growth to a combination of a predominantly Muslim population, still modest financial inclusion, and the commitment of the government and regulators as the key driving forces

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6. Richest countries contributing to destruction of environment: UN

• The world`s richest countries-including Finland, Iceland, the Netherlands and Norway are providing healthier environments for children within their borders, yet they are disproportionately contributing to the destruction of global environment, putting the present and future of all children globally at risk, Unicef said in a new report released on May 24, 2022.
• The majority of wealthy countries is creating unhealthy, dangerous and noxious conditions for children across the world, according to the latest `Report Card` published by Unicef Office of Research Innocenti.
• The `Innocenti Report Card 17: Places and Spaces` compares how 39 countries in the Organisation for Economic Co-operation and Development (OECD) and European Union (EU) fare in providing healthy environments for children

7. Russia eyes prolonged war in Ukraine

• Russia signalled on May 24, 2022 it was bedding in for a long war in Ukraine as the conflict entered its fourth month with heavy fighting in the east but signs of some normality returning elsewhere.
• `We will continue the special military operation until all the objectives have been achieved,` Russian Defence Minister Sergei Shoigu said, using Moscow`s name for the war.
• Three months after Moscow`s invasion, Western funds and weapons have helped Ukraine hold off its neighbour`s advances in many areas, including the capital Kyiv.
• Russia is now focused on securing and expanding its gains in the eastern Donbas region, near the border and home to pro-Russian separatists, as well as the southern coast

8. Taliban sign pact with UAE on running Afghan airports

• A United Arab Emirates company signed a contract with the Taliban authorities on May 24, 2022 to provide ground handling services at Afghanistan`s three airports, officials said, as the country seeks to resume international transit.
• Capital Kabul`s only airport was trashed in August when tens of thousands of people rushed to evacuate as the US-led forces withdrew.
• While some domestic and international flights are still operating out of the facility, it needs significant upgrades for major foreign airlines to restart full service. The full operation of Kabul airport is crucial for reviving Afghanistan`s shattered economy

9. Chinese, Russian jets patrol East Asian skies during Biden`s presence in Japan

• Chinese and Russian military planes conducted joint exercises to patrol the Asia-Pacific region on May 24, 2022 in a pointed farewell to US President Joe Biden as he concluded an Asia trip that rankled Beijing.
• Japan scrambled jets after Russian and Chinese warplanes neared its airspace while Tokyo was hosting the leaders of the Quad group of countries, which includes the United States, said Defence Minister Nobuo Kishi, who called the move a provocation.
• It was the first joint military exercise by China and Russia since Moscow invaded Ukraine on Feb 24 and it came at the tail end of Biden`s four-day trip

10. Six Pakistani peacekeepers to be honoured posthumously

• Six peacekeepers from Pakistan will be honoured posthumously with `Dag Hammarskjold Medal` at a ceremony at UN headquarters on May 26 in observance of the International Day of United Nations Peacekeepers.
• According to a United Nations announcement, the Pakistani peacekeepers to be honoured are: Tahir Ikram (police), Adil Jan (police) and Muhammad Nil Naeem (military) who all served with UNAMID in Darfur; Tahir Mehmood (military), deployed with the UN Stabilisation Mission in Congo (MONUSCO); Muhammad Shafeeq (military) from the UN Integrated Stabilisation Mission in the Central African Republic (MINUSCA); and Abrar Sayed who served in a civilian capacity with MINURSO.
• UN Secretary-General Antonio Guterres will lay a wreath to honour the nearly 4,200 UN peacekeepers who have lost their lives since 1948 and will preside over a ceremony at which the `Dag Hammarskjold Medal` will be awarded posthumously to 117 military, police and civilian peacekeepers, who lost their lives serving under the UN flag last year

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