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December 26, 2023: National Current Affairs MCQs News
1. 28,626 throw their hats in electoral ring
As many as 28,626 candidates have submitted their nomination papers for 1,085 general and reserved seats of the national and provincial assemblies across the country for polls to be held on February 8.
According to details shared by the Election Commission of Pakistan (ECP), at least 7,713 candidates, including 471 women, submitted their nominations to contest the upcoming elections on 266 general seats of the National Assembly
2. Indian ban to benefit rice growers, exporters
Rice growers and exporters both are enjoying a win-win situation this season mainly due to favourable weather in the country that led to a good crop and a ban on rice exports by the Indian government due to local high food inflation.
The cost of production for rice registered around 35pc increase as per estimates of the Punjab Crop Reporting Service. The per acre cost of Basmati, mostly sown in Gujranwala division, at farm gate shot up from Rs69,677 in the crop year 2022-23 to Rs106,389 in the 2023-24
3. In a first, Iesco gets suppliers licence
After a decades-long delay, the National Electric Power Regulatory Authority (Nepra) has started granting first-ever separate licences of Suppliers of Last Resort (SoLR) to existing distribution companies (Discos) for 20 years to bifurcate their distribution (wire & pole infrastructure) and electricity supply (commercial & billing etc) businesses for future bilateral competitive power business.
This should have happened in the 1990s under the power sector reforms programme to allow multiple suppliers and buyers in the competitive electricity market but successive governments failed to make progress and the entire electricity operations remained the exclusive right of Discos in a monopolised format. Now, these firms will have two parallel licences for each business and a different set of obligations
4. Quaid`s 147th birth anniversary celebrated with zeal
5. `Bloody Christmas` sees more than 70 killed in Gaza
Even on Christmas day, the land where Jesus Christ was born remained in the crosshairs of the Israeli military, which continued its relentless bombing of Gaza, as well as launching raids in West Bank cities such as Bethlehem, on Sunday.
The health ministry in Hamas-run Gaza said on Monday that war with Israel since early October has killed at least 20,674 people in the Palestinian territory
