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Daily Top-10 Current Affairs MCQs / News (Jan 26 2023) for CSS

CSS Times
Daily Top-10 Current Affairs MCQs / News (Jan 26 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

January 26, 2022: National Current Affairs MCQs

1. Pakistan can buy Russian oil despite restrictions, says US

• The United States has reiterated that Pakistan can purchase oil from Russia at a discounted price even though it has not signed a Washington-backed price cap on Russian petroleum products.
• US State Department`s spokesperson Ned Price told reporters at a January 26, 2023 afternoon news briefing that Pakistan can also take advantage of the concessions Washington has given to other countries for buying oil from Russia.
• `So, we have encouraged countries to take advantage of that, even those countries that have not formally signed on to the price cap, so that they can acquire oil in some cases at a steep discount from what they would otherwise acquire from, in this case, Russia,` Mr Price said.
• On December 3, 2022, G7 and EU countries set a price-cap of $60 per barrel on Russian oil to prevent Moscow from using the revenues to finance its war against Ukraine

2. ECP proposes polls in Punjab, KP between April 9 and 17

• Gearing up for the largest by-polls for 93 general seats of the National Assembly and general elections for the two recently-dissolved provincial assemblies, the Election Commission of Pakistan (ECP) has proposed conducting polls for Punjab and Khyber Pakhtunkhwa legislatures between April 9 and 17 and sought an additional supplementary grant of over Rs14 billion for the purpose.
• Separately, President Dr Arif Alvi on January 26, 2023 met Punjab Governor Balighur Rehman and asked him to announce a date for elections in the province in the wake of dissolution of the Punjab Assembly.
• In separate letters sent to principal secretaries of the two provinces, copies of which are available with Dawn, the ECP has suggested elections in Punjab between April 9 and 13, and in KP between April 15 and 17.

3. SBP intervention limits rupee`s fall after cap lifted

• The rupee dipped by 1.2 per cent to 243 against the dollar on January 25, 2023 after foreign exchange companies lifted a price cap, which they said caused `artificial` distortions and created a black market, where the US currency was selling at higher rates.
• However, the rupee`s closing value was far higher compared to Rs252.5 in the early open-market trade on Wednesday after central bank`s intervention. On Tuesday, the dollar sold at Rs240.75 in the open market.
• The Exchange Companies Association of Pakistan (ECAP) said on Tuesday it was removing the cap on the currency and would meet State Bank of Pakistan`s (SBP) officials on January 25, 2023.
• `We have decided that we will bring the exchange rate on a par with what we are supplying to the banks against credit cards,` ECAP Secretary General Zafar Paracha said in a statement, adding that the level is 255 to 256 rupees to the dollar

4. UN council to examine Pakistan`s human rights record on 30th

• Pakistan`s human rights record will be examined by the Universal Periodic Review (UPR) Working Group of UN Human Rights Council, for the fourth time on Jan 30.
• The Universal Periodic Review (UPR) is a process which involves a review of the human rights records of all UN Member States.
• Pakistan is one of the States to be reviewed by the UPR working group during its session that will continue till February 3.
• The country`s first, second and third UPR reviews took place in May 2008, October 2012 and November 2017, respectively, according to a Council`s press release

5. Rahdari Gate reopened after three years

• After a gap of almost three years, the Rahdari Gate, which facilitates travel by locals on both sides of Pak-Iran border on a 15-day permit, has been reopened.
• The Rahdari Gate at Taftan, a border town in Chagai district, had been closed by the Iranian authorities soon after the outbreak of coronavirus. However, its closure prolonged for unspecified reasons.
• Despite being discussed at several joint meetings between Pakistani and Iranian officials, it took years to reopen the gate, said Taftan Assistant Commissioner Bilal Shabbir

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6. Cash-starved govt doles out Rs90bn to lawmakers

• Amid fiscal challenges, the government has increased development funds for parliamentarians by almost 30 per cent from budgetary allocations to Rs90 billion and is set to distribute about Rs8.4bn to farmers through database of the Sindh government.
• This was the crux of a meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday that also approved almost Rs1bn in additional funding for the maintenance of rest houses and residences of the judges of the Supreme Court of Pakistan in various cities across the country.
• Presided over by Finance Minister Ishaq Dar, the ECC meeting also approved about 25pc increase in the price of a vial used in pregnancy tests and an assistance
• Prime Minister Shehbaz Sharif had a day earlier said that Pakistan faced fiscal and economic challenges and wanted the IMF support to sail through these difficult times

January 26, 2022: International Current Affairs MCQs

7. Perpetrators of `modern slavery` given up to 12 years in US

• Three members of a Pakistani-American family were sentenced this week to prison terms ranging from five to 12 years, for their roles in keeping a woman from Pakistan in forced labour at their home for more than 12 years.
• US federal authorities, who described the case as `modern-day slavery`, said the victim had married into the family.
• In a statement issued on Tuesday, the US Justice Department said that Zahida Aman, 80, was sentenced to 12 years; Mohammed Rehan Chaudhri, 48, to 10 years; and Mohammad Nauman Chaudhri, 55, to five years in a federal prison in the Eastern District of Virginia

8. NZ PM Ardern gets emotional farewell

• Hundreds gathered to pay an emotional farewell to Jacinda Ardern as she left New Zealand`s parliament to resign as prime minister on January 25, 2023, before Chris Hipkins was swiftly sworn in as her replacement.
• Ardern said last week she no longer had `enough in the tank` after steering the country through natural disasters, its worst-ever terror attack and the Covid-19 pandemic.
• Hipkins was sworn in by Governor General Cindy Kiro during a ceremony in the capital Wellington, saying he was `energised and excited by the challenges ahead` `This is the biggest privilege and responsibility of my life,` he said

9. UN raises women work ban with Taliban

• The UN aid chief said on January 25, 2023 NGOs were speaking with Taliban officials to try and gain further exemptions and written guidelines to allow some women aid workers to operate despite a ban imposed last month.
• Undersecretary General for Humanitarian Affairs Martin Griffiths said that during discussions with authorities in Kabul over the last few days, his message had been: `If you can`t help us rescind the ban, give us the exemptions to allow women to operate.`

10. US, Germany approve 45 heavy tanks for Ukraine

• The United States and Germany on January 2, 2023 announced deliveries of a total of 45 top-of-the-line tanks to Ukraine, sweeping aside their longstanding misgivings and signaling a new surge of Western support for an expected counter-offensive against Russian invasion. In a televised address, President Joe Biden promised 31 Abrams tanks, hours after German Chancellor Olaf Scholz gave the go ahead for sending 14 Leopard-2 tanks to Kyiv.
• The twin decisions open the floodgates to several other European countries with Leopard stocks to send their own contributions. Although Western countries have already sent Ukraine everything from artillery to Patriot anti-missile defense systems, tanks were long considered a step too far, risking a widening backlash from Russia

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