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December 29, 2023: National Current Affairs MCQs News
1. Army to extend requisite support for polls
Pakistan Army on Thursday agreed to deploy troops and provide the requisite support for the safe conduct of Feb 8 general elections.
The decision came at the end of the 261st Corps Commanders` Conference, led by Army Chief Gen Asim Munir at the General Headquarters in Rawalpindi
2. Punjab health department to initiate retest for new Covid variant
In response to the global surge in cases of a new variant of the coronavirus, the Punjab health department has decided to initiate re-testing for the virus across the province.
The decision comes as part of a broader strategy to monitor and control the spread of the virus.
The department has issued an official letter outlining this new directive. The letter highlights the increase in coronavirus cases worldwide and underscores the need for vigilance and proactive measures at the local level
3. SBP reserves jump $853m to $7.8bn
reign exchange reserves of the State Bank of Pakistan (SBP) surged by $853 million during the week ended on Dec 22.
The central bank reported on Thursday that its forex holdings increased to $7.757bn from $6.9bn on Dec 15. However, the SBP did not provide details about the inflows, only saying that it was the receipt of official Government of Pakistan inflows
4. AIIB okays $250m for sustainable growth
With the approval of $250 million by the Asian Infrastructure Investment Bank, for the Second Resilient Institutions for Sustainable Economy (RISE-II) development policy financing, the government is now in full gear to implement critical policy reforms to accelerate economic recovery and build the foundations for sustainable growth.
Last week, the World Bank had approved $350m for the second phase of the RISE project, which was followed by the Beijing-based AIIB to approve $250m for the $500m project
5. Iranians mourn commander killed in Israeli strike
Thousands massed on Thursday in the Iranian capital for the funeral of senior Revolutionary Guards commander Razi Moussavi, three days after he was killed in what Tehran says was an Israeli strike.
The crowd in Tehran`s central Imam Hossein square chanted `Death to Israel` and `Death to America`.
Many waved yellow flags imprinted with the message `I am your opponent` a reference to Israel in both Persian and Hebrew
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