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December 21, 2023: National Current Affairs MCQs News
1. WB approves $350m for economic reforms
The World Bank on Wednesday announced that its board of directors had approved the long-awaited $350 million loan`2nd Resilient Institutions for Sustainable Economy (RISE-II) Operation` to Pakistan to support key macroeconomic reforms in energy, taxation and business environment.
The financing `aims to strengthen fiscal management and promote competitiveness for sustained and inclusive economic growth`, the Washington-based multilateral lender said in its announcement. The Beijing-based Asian Infrastructure Investment Bank (AIIB) is co-financing the programme with another $250m
2. Power tariffs for all raised by Rs1.15
The National Electric Power Regulatory Authority (Nepra) on Wednesday approved an additional across the-board charge of Rs1.15 per unit for electricity consumers throughout the country, including K-Electric, and also concluded the process of imposing another Rs1.72 per unit on K-E consumers for the next three months January to March 2024.
Effectively, K-Electric consumers would have to pay a cumulative additional cost of Rs2.87 per unit in the upcoming three months of January to March once Nepra notifies it in a couple of days to clear the backlog on account of quarterly tariff adjustments and implement a uniform regulatory regime across the country without any discrimination or favour, notwithstanding different loss and efficiency levels of different power supply companies
3. Outlawed BNA `commander` announces surrender
Sarfraz Ahmed Bungulzai, a `commander` of the banned militant group Baloch National Army (BNA), announced his surrender on Wednesday alongside 70 of his associates.
Sarfraz Bungulzai, flanked by provincial information minister Jan Achakzai, told a presser in Quetta that he initially thought his armed struggle was for Baloch rights, but then realised the Baloch blood was being spilled for `individual interests`
December 21, 2023: International Current Affairs MCQs News
4. WFP delivers Jordan aid through Israeli crossing
The UN`s World Food Programme (WFP) said Wednesday it had delivered food into war-torn Gaza through the Israeli Kerem Shalom border crossing in the first direct aid convoy from Jordan.
The arrival of the 46-truck convoy, carrying more than 750 tonnes of goods, came after `weeks of coordination with all parties`, the Rome-based organisation said
5. UN vote put off again as Gaza toll crosses 20,000
The death toll from Israel`s barbaric bombing campaign in Gaza has crossed 20,000, local authorities said on Wednesday after at least 12 people were killed and dozens wounded in a series of air strikes in Rafah, which also targeted a mosque.
According to Gaza authorities, some 8,000 children and 6,200 women were among those killed since October 7.
An AFPTV live camera on Wednesday filmed two bombs hitting Rafah, where many of Gaza`s estimated 1.9 million displaced have fled
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6. Britain`s top court rules in favour of Guantanamo detainee
Britain`s top court ruled on Wednesday that a Guantanamo detainee waterboarded by the CIA can use English law in his claim against the UK government over alleged complicity in the torture.
Abu Zubaydah was the first of a number of prisoners to be subjected to CIA `enhanced interrogation` techniques following the September 11, 2001 attacks on the United States
7. Houthis threaten to hit US ships if Yemen is attacked
The leader of Yemen`s Houthis warned on Wednesday they would strike US warships if the militia was targeted by Washington, which this week set up a multinational force to counter attacks on commercial vessels in the Red Sea.
The Houthis, who control vast amounts of territory in Yemen after years of war, have since last month fired drones and missiles at international vessels sailing through the Red Sea, attacks it says respond to Israel`s assault on the Gaza Strip
8. ILO says 66pc jobs lost, fears more losses
At least 66 per cent of jobs have been lost in Gaza since the Israel-Hamas conflict erupted in October, the International Labour (ILO) said on Wednesday, warning that employment losses could continue to increase in the enclave.
The losses amount to a total of 192,000 jobs in the small Palestinian territory, the ILO said in its second assessment of the impact of Israeli ground and air strikes on Gaza which began after a deadly cross-border incursion by Hamas gunmen on Oct. 7
9. Trump barred from presidential ballot in Colorado
Donald Trump is ineligible for the US presidency because of his involvement in the January 2021 assault on the Capitol, Colorado`s supreme court ruled on Tuesday, setting off a political earthquake that could upend next year`s election.
The stunning legal decision which Trump`s campaign said it would appeal drew immediate condemnation from Republicans across the spectrum, and looked set to light a fire under the former reality TV star`s claim to `political persecution`
10. EU agrees `historic` reform of asylum laws
The European Union (EU) on Wednesday agreed to an overhaul of its asylum system that includes more border detention centres and speedier deportations, prompting migrant charities to slam the changes as `dangerous`.
But EU governments, officials and MEPs hailed the preliminary accord on the bloc`s new pact on asylum and migration as `historic`, saying it updated procedures to handle growing irregular arrivals while maintaining respect of human rights
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Current Affairs MCQs for the month June 2023:
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