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Daily Top-10 Current Affairs MCQs / News (Feb 16 2023) for CSS

Shahzad F. Malik
Daily Top-10 Current Affairs MCQs / News (Feb 16 2023) for CSS
WELCOME TO CSS TIMES DAY BY  DAY CURRENT AFFAIRS MCQs, YOUR BEST SOURCE FOR UP-TO-DATE AND DAILY TOP CURRENT AFFAIRS MCQs 2022 FOR PREPARATION OF CSS, PMS, BANKING, NTS, RAILWAYS AND ALL COMPETITIVE EXAMS.  “DAY TO DAY CURRENT AFFAIRS MCQs” BASICALLY IS TOP 10 NEWS SUMMARY ON CURRENT HAPPENINGS OF NATIONAL AND INTERNATIONAL IMPORTANCE FOR ALL EXAMINATIONS

February 16, 2022: National Current Affairs MCQs

1. Dar tables mini-budget to unlock IMF funding

• Finance Minister Ishaq Dar on February 15, 2023 tabled the Finance (Supplementary) Bill, 2023, in both houses of the parliament, outlining tax measures to raise an additional Rs170 billion in the next four and half months to meet the last prior actions agreed upon with the International Monetary Fund (IMF) to secure early disbursement of about $1.2bn instalment.
• Two measures raising the federal excise duty (FED) on cigarettes and increasing the general sales tax (GST) rate from 17 per cent to 18pc have been immediately implemented through statutory regulatory orders (SROs). The Federal Board of Revenue (FBR) expects to generate Rs115bn from these two measures.
• The finance bill, generally known as the mini-budget, also proposes increasing GST from 17pc to 25pc on 33 categories of goods covering 860 tariff lines including high-end mobile phones, imported food, decoration items, and other luxury goods

2. Caretakers suspend notifications for Gujrat division, other entities creation

• The caretaker Punjab government, in an unprecedented move, suspended the notifications issued for the creation of a new division, four new districts and two tehsils in the province, inviting a volley of questions, ranging from its jurisdiction to intentions behind the decision.
• The caretaker government on February 15, 2023 suspended the notifications for creation of the new administrative division of Gujrat, districts of Murree, Wazirabad, Talagang and Kot Addu, besides Jalalpur Jattan and Kunjah tehsils, till the holding of general elections in the province.
• Senior Member Board of Revenue (SMBR) Nabeel Javed has issued the suspension notifications in pursuance of the provincial cabinet`s decision taken in its meeting on Feb 9.

3. Moody`s sees inflation averaging 33pc in 1HCY23

• Inflation in Pakistan could average 33 per cent in the first half of 2023 before trending lower, and a bailout from the International Monetary Fund alone is unlikely to put the economy back on track, a senior economist with Moody`s Analytics told Reuters.
• `Our view is that an IMF bailout alone isn`t going to be enough to get the economy back on track. What the economy really needs is persistent and sound economic management,` senior economist Katrina Ell said in an interview on Wednesday.
• `There`s still an inevitably tough journey ahead. We`re expecting fiscal and monetary austerity to continue well into 2024,` she added

February 16, 2022: International Current Affairs MCQs

4. Afghan Taliban `unlikely to stop support for TTP`

• Afghanistan`s Taliban rulers are unlikely to discontinue supporting militants in Pakistan as they feel that economic troubles prevent Islamabad from launching a major operation against the banned Tehreek-i-Taliban Pakistan (TTP), according to a new report from a leading US think tank.
• `Amid Pakistan`s economic crisis and the Taliban`s rule in Afghanistan, the Pakistani Taliban have reemerged as an increasingly potent threat,` warned the report, released in Washington on Tuesday by the US Institute of Peace (USIP).

5. India to raise seven new battalions for China border

• India will raise seven new battalions of the Indo Tibetan Border Police (ITBP) in the next few years, a minister said on February 15, 2023, amid tensions with neighbour China that led to deadly borderclashesin2020and scuffles late last year.
• The undemarcated 3,800-km frontier between the nuclear-armed countries stayed largely peaceful since a war in 1962, before the clashes nearly three years ago sent relations nosediving.
• The ITBP primarily guards the India-China border, stretching from the Karakoram Pass in Ladakh in India`s north to Jachep La in Arunachal Pradesh state in the east.
• Indian and Chinese troops have been involved in hand-to-hand clashes at some areas of the frontier in the past few years

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6. Russian bombers intercepted by NORAD jets near Alaska

• Several Russian strategic bombers and fighter jets were intercepted by North American air defence forces as they flew over international airspace near Alaska, the North American Aerospace Defence Command (NORAD) said, in routine incidents unrelated to tensions over the war in Ukraine.
• The aircraft, which were identified on Monday, did not enter US or Canadian airspace and did not pose a threat, the joint US-Canadian centre said in a statement on Tuesday.
• It added that the Russian flights were in no way related to the mysterious spate of airborne objects shot down by the US military over North America in the past few weeks, the details of which remain unknown

7. Raids on BBC`s India offices continue for second day

• Indian officials continued their raid on BBC`s offices in New Delhi and Mumbai overnight and into a second day on February 15, 2023.
• Reports said searches of the BBC offices in Delhi and Mumbai are widely seen as a response to a recent BBC documentary critical of Prime Minister Narendra Modi. Indian officials say the raids were part of a follow up after the BBC failed to respond to tax notices.
• Dozens of employees were held in their offices for hours by officials from the income tax department on Tuesday.

8. Israeli firm meddled in over 30 elections: report

• An Israeli firm sought to influence more than 30 elections around the world for clients by hacking, sabotage and spreading disinformation, according to an undercover media investigation published on February 15, 2023.
• It adds to a growing body of evidence that shadowy private firms across the world are profiting from invasive hacking tools and the power of social media platforms to manipulate public opinion.
• The firm was dubbed `Team Jorge` by investigating journalists who posed as potential clients in order to gather information on its methods and capabilities

9. Raquel Welch dies at 82

• Raquel Welch, the film actress whose sultry, curvaceous looks made her a leading sex symbol of the 1960s and `70s, died at age 82 on February 15, 2023.
• Welch came to the wide attention of moviegoers for her role in a 1966 sci-fi adventure, Fantastic Voyage.
• It was followed by her iconic appearance later that year in the prehistoric drama One Million Years B.C

February 16, 2022: Sports Current Affairs MCQs

10. Pakistan Super League Ihsan, Rossouw power Sultans to crushing win over Gladiators

• Ihsanullah was unstoppable, the Multan Sultans were irresistible; the 2021 champions cruising to a comfortable nine-wicket victory to open their account in this season`s HBL Pakistan Super League and showing that Quetta Gladiators have work to do.
• Since clinching their maiden PSL title in 2019, the Gladiators have failed to reach the playoffs in each of the last three editions and the manner of the Sultans` dominance at the Multan Cricket Stadium showed that they have to regroup if they are to recapture the spirit of the side that finished in the top four in each of the first four editions of the T20 extravaganza.

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