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Daily Top-10 Current Affairs MCQs / News (May 19 2023) for CSS

Daily Top-10 Current Affairs MCQs / News (May 19 2023) for CSS
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May 19, 2023: National Current Affairs MCQs


1. Shehbaz, Raisi electrify ties with power, trade plans

• Top leaders of Pakistan and Iran inaugurated the first border market and an electricity transmission line on May 18, 2023 as relations warm between the two countries.
• Located in the remote village of Balochistan`s Mand town, the marketplace is the first of six to be constructed along the Pakistan-Iran border under a 2012 agreement signed by the two sides.
• Prime Minister Shehbaz Sharif and Iranian President Ebrahim Raisi also inaugurated the Gabd-Polan power transmission line, under which Iran will supply 100 megawatts of electricity daily to Gwadar


2. Sepoy martyred in Bajaur gunfight

• Five suspected militants were killed and a soldier was martyred in clashes in North Waziristan and Bajaur on May 18, 2023. In Peshawar, one person died when a bomb went off in the city`s Pishtakhara area.
• The first clash between security forces and the militants took place in the Eidak area of North Waziristan when three accused were being shifted from Miramshah to Bannu, according to official sources.
• The convoy of security forces, including the Counter Terrorism Department (CTD) of police, was attacked by militants with heavy weapons


3. Pakistan rejects US report on religious freedom

• The Foreign Office on May 18, 2023 rejected as baseless assertions made about Pakistan in the International Religious Freedom Report released by the US Department of State.
• `Such ill-informed reporting exercises about internal affairs of sovereign states are pointless, irresponsible and counter productive,` Foreign Office spokesperson Mumtaz Zahra Baloch told a press briefing.
• She said Pakistan is proud of its religious diversity and pluralistic social fabric. She pointed out that the country`s Constitution has set a robust framework for wide-ranging legal policy and affirmative measures to safeguard and advance the rights and freedoms of all Pakistanis irrespective of their faith


4. PM confidant made finance secretary

• In a reshuffle in top bureaucracy, Finance Secretary Hamid Yaqoob Sheikh has been removed and the post was assigned to Imdad Ullah Bosal, a confidant of Prime Minister Shehbaz Sharif.
• Mr Bosal was working as special secretary of the finance division.
• Amir Ali Ahmed, a PAS officer of BS-21, who was working as Chief Commissioner of Islamabad in the PTI government and was removed earlier last year, was appointed as secretary of Benazir Income Support Programme.
• Mohammad Aamer Jan, a PAS officer of BS-20, was made executive director of the National Vocational and Technical Training Commission


5. Govt gets a paltry $8.1bn in financing

• Without the IMF umbrella, Pakistan`s external financing pipeline appeared drying up as it received 38 per cent lower inflows only $8.1 billion in the first 10 months (July-April) of the current fiscal year against over $13bn in the same period last year.
• The pace of dwindling inflows could also be seen from the fact that $8.1bn receipts in 10 months of this fiscal year stood at just 35.5pc of the $22.8bn full year budget target implying a constant precarious position of the foreign exchange reserves despite tight import curbs.
• The foreign assistance so far suggests the annual target would be missed by a wide gap. In April alone, Pakistan received only $359m, down 57pc when compared to $842m in November 2022

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6. Banks to pay if depositors lose funds to digital frauds: SBP

• The State Bank has warned banks that they would be held responsible for lost account holder funds if they failed to take preventive measures to combat social engineering and other digital banking frauds on time.
• `Banks are required to compensate the customers due to delay on their part in taking timely remedial and control measures such as delay in blocking digital channels, delay in raising dispute requests, etc.,` the central bank said in a statement on Thursday.
• The number of complaints against fraud, particularly about digital transactions, has been increasing fast, as reflected in a banking ombudsman`s report.
• The State Bank of Pakistan (SBP) has now directed commercial banks and microfinance banks to improve their digital fraud protection controls and processes to combat social engineering and other digital banking frauds


7. Xi opens Central Asia summit, says `new era` awaits region

• Chinese President Xi Jinping hailed a `new era` of ties with Central Asia on May 18, 2023, kicking off a summit Beijing hopes will deepen relations with the strategically vital region.
• Held in the ancient Chinese city of Xi`an, the historic eastern end of the Silk Road that linked China to Europe through Central Asia, Beijing has said this week`s meeting is of `milestone significance`.
• And in a speech to the region`s leaders at a welcoming banquet on Thursday evening, Xi said strengthening ties was a `strategic choice`.
• `I am confident that with our joint efforts, tomorrow`s summit will be a full success and will herald a new era of China-Central Asia relations,` Xi was quoted as saying


8. Assad arrives in Saudi Arabia on first visit since war

• Syrian President Bashar al-Assad arrived in Saudi Arabia on May 18, 2023, state media said, to join an Arab League summit for the first time in more than a decade of war.
• The visit seals Assad`s dramatic return to the Arab fold, a development championed by host Saudi Arabia and fellow Gulf power the United Arab Emirates despite reservations from other Arab leaders.
• Assad `arrived at King Abdulaziz International Airport in Jeddah to participate in… the Arab League summit` to be held on Friday (today), Syrian state television reported


9. G7 to consider squeezing Russia, weigh risk of China`s `economic coercion`

• G7 leaders arrived in Hiroshima, Japan, on May 18, 2023 to weigh tighter sanctions on Russia and protections against China`s `economic coercion`, surrounded by reminders about the harrowing cost of war.
• Japanese Prime Minister Fumio Kishida is hosting leaders from six other wealthy democracies in his hometown a city synonymous with nuclear destruction and now peppered with peace monuments.
• Leaders including US President Joe Biden will try over three days to forge a united front on Russia and China, where the allies` interests do not always neatly align. Biden`s delicate diplomatic offensive in Asia hit a bump even before Air Force One left US soil: a domestic budget row forced him to cancel stops in Papua New Guinea and Australia


10. 66 US lawmakers urge Blinken to push for `democracy` in Pakistan

• As many as 66 US lawmakers have urged Secretary of State Antony Blinken to push for democracy and human rights in Pakistan, although the Biden administration is still reluctant to take sides in the current political dispute.
• `We write to express our concerns about the current situation in Pakistan and urge you to use all diplomatic tools at your disposal to pressure the government of Pakistan towards a greater commitment to democracy, human rights, and the rule of law,` the lawmakers wrote in a letter they sent to Secretary Blinken.
• The lawmakers also urged Blinken to persuade Islamabad to `investigate any infringement upon freedom of speech and freedom of assembly in Pakistan`.


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