Daily Top-10 Current Affairs MCQs / News (October 24, 2022) for CSS, PMS

Shahzad F. Malik

2 years ago

Daily Top-10 Current Affairs MCQs / News (October 24, 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

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October 24, 2022: National / International Current Affairs

1. Dar refuses tax waiver on IT exports

• The government has dismissed an IT industry`s demand for waiving a `negligible` tax on its services to support the sector`s faltering exports but agreed to provide maximum facilitation, including exemption from audit by the tax authorities.
• Presiding over a meeting of the IT sector on October 23, 2022, Finance Minister Ishaq Dar observed that the effective tax rate on the sector was about 0.25 per cent, which was `peanuts`. He said people should develop the habit of paying taxes on their incomes instead of seeking exemptions. A tax of Rs2.5 on exports of Rs1,000 is `nothing`, Mr Dar said.
• He, however, promised that IT professionals exporting their services would not be sent tax notices by the Federal Board of Revenue (FBR) and their tax returns would not be subjected to audit to minimise their revenue cost

2. AJK celebrates 75th liberation day today

• The 75thanniversary of the foundation of a free government in the erstwhile princely state of Jammu and Kashmir would be observed on October 24, 2022 with traditional fervour.
• On October 24, 1947, the free government was installed in this territory, commonly known as Azad Jammu and Kashmir (AJK), after its liberation by the locals from the yoke of Dogra rule, and Sardar Mohammad Ibrahim Khan (late) was appointed its founding president.
• As usual, the day will dawn with 21-gun salute in state capital Muzaffarabad and its main event would be held in the High Court ground in Chattar neighbourhood

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3. PM heads to `Davos in the desert to secure investment options

• Prime Minister Shehbaz Sharif would travel to Saudi Arabia on October 23, 2022 on a two day visit to participate in the investment conference dubbed as `Davos in the desert`.
• PM Sharif is one of the key speakers at the Future Investment Initiative conference, an official said, adding that the prime minister would use the occasion to highlight investment opportunities in Pakistan.
• The conference`s theme is `Investing in Humanity: Enabling a New Global Order`.
• The event being held in Riyadh has been an annual feature since 2017

4. Xi re-elected as China`s leader, fills top body with protégés

• Xi Jinping secured a historic third term as China`s leader on October 22, 2022 and filled his inner circle with close allies, achieving after a decade in power complete dominance over the ruling Communist Party.
• The party`s Central Committee elected Xi as its general secretary for another five-year term, bringing the country back towards one-man rule after decades of power-sharing among its elite.
• `I wish to thank the whole party sincerely for the trust you have placed in us,` Xi told journalists at Beijing`s Great Hall of the People after the closed-door vote was announced.
• Xi, 69, was also reappointed head of China`s Central Military Commission, keeping him in charge of the People`s Liberation Army

5. Iran`s atomic energy server hacked in `support for protests`

• Iran`s atomic energy organisation said that an e-mail server belonging to one of its subsidiaries had been hacked from a foreign country and information published online, state media reported on October 23, 2022.
• An Iranian hacking group, Black Reward, said in a statement published on Twitter that it had released hacked information relating to Iranian nuclear activities, declaring the action an act of support for protesters in Iran.
• The Islamic republic has been gripped by demonstrations triggered by the death of the 22-year-old Amini on Sept 16after her arrest for allegedly violating the country`s strict dress code for women.
• Their statement, published on Saturday, ended with the words `In the name of Mahsa Amini and for women, life, freedom` a show of support for protests ignited by her death in the custody of morality police last month

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6. Two pilots killed after Russian jet crashes into house in Siberia

• Two pilots were killed after a Russian jet conducting a test flight crashed on October 23, 2022 into a two-storey house in the city of Irkutsk in southern Siberia, the regional governor said.
• The incident comes days after a military jet crashed into a block of flats in the Russian town of Yeysk near Ukraine, killing more than a dozen people, including children.
• `A Su category plane hit a two-storey building in Irkutsk on Przhevalskogo street,` governor Igor Kobzev said on social media. The local department of the emergencies ministry clarified that a `Su-30 aircraft crashed during a test flight`. Kobzev later said two pilots were killed in the crash but residents were unharmed

7. Palestinian killed in Nablus blast

• A Palestinian militant was killed on October 23, 2022 in an explosion in the occupied West Bank, police said, with Israel staying silent on allegations from fighters that it was behind his assassination.
• Tamer al-Kilani was killed overnight in the Old City of Nablus in the northern West Bank, the Palestinian health ministry said.
• A Palestinian police inspector said that Kilani was killed in an explosion in Nablus, where the Lions` Den militant group has emerged in recent months. The group described Kilani as one of its `fiercest fighters` and blamed Israel for his death overnight.
• `The treacherous occupation (Israel) put a sticky TNT device as the way to assassinate` Kilani, the group wrote on Telegram

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8. Macron sees chance for peace in Ukraine

• French President Emmanuel Macron said on October 23, 2022 he believed there was a chance for peace in Ukraine, even as Russia warned the conflict there could escalate.
• `There is the prospect for peace, it will come around at some moment, said Macron at a conference in Rome aimed at seeking ways to promote world peace.
• `And at a particular moment, given how things are evolving, and when the Ukrainian people and its leaders will have decided on the terms of this, a peace deal can be built up with the other side,` added Macron

9. Kohli exposes Pakistan`s selection failure

• It was a great match one that will go down in legend. And Pakistan were good, though not quite good enough to overcome an inspirational innings from Virat Kohli, a mad last over from Mohammad Nawaz, some generous interpretations by the umpiring team in India`s favour, and a selection error of Pakistan`s own making.
• Kohli, as often is the way, saved his best for Pakistan. He may have mellowed over the years, winning admiration on both sides of the border, but remains a supreme competitor.
• Winning a game single-handedly, against the odds, is the pinnacle of batting achievement. It`s a narrative that Kohli loves, and to do it in Melbourne`s cricketing amphi theatre with 92,000 hooting and cheering fans, as well as the billions transfixed at home, was the height of audacity.

10. Mendis powers Sri Lanka to big win over Ireland

• Disciplined bowling and an unbeaten half-century by Kusal Mendis powered Sri Lanka to a nine-wicket hammering of Ireland in their opening Super 12 match at the Twenty20 World Cup on Sunday.
• Asian champions Sri Lanka restricted Ireland, who qualified for the second round by knocking out two-time champions West Indies, to 128-8 in Hobart.
• Spinners Maheesh Theel(shana and Wanindu Hasaranga took two wickets each after Ireland chose to bat first

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