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Environmental Science MCQs | Sustainable Development Issues

1) The expansion on PQLI is
(a) Physical Quality of Life index
(b) Physical Quantity of Life Index
(c) Product Quality Lifecycle Implementation
(d) None of these
Answer: (a)

2) Birth rate is called
(a) Mortality
(b) Vital index
(c) Natality
(d) Viability
Answer: (c)

3) Death rate of the population
(a) Mortality
(b) Viability
(c) Natality
(d) Vitality
Answer: (a)

4) The Anthrax disease is caused by
(a) Virus
(b) Bacteria
(c) Protozoa
(d) Helminthes
Answer: (b)

5) Superbugs are
(a) Synthetic bug
(b) Bacteria
(c) Radio nucleotide
(d) Industries
Answer: (b)

6) Salmonellosis is a disease related to consumption of
(a) Chicken
(b) Eggs
(c) Mutton
(d) Fish
Answer: (d)

7) Causative organisms of Malaria
(a) Bacteria
(b) Fungus
(c) Plasmodium
(d) Virus
Answer: (c)

8) What is ‘Black Lung?”
(a) Occupational Hazard to the miners
(b) Occupational Hazard to navigators
(c) Occupational Hazard to pesticide applicators.
(d) None of these
Answer: (a)

9) What is Carcinogen?
(a) Drugs for curing infectious disease
(b) Drugs used for curing cancer
(c) Cancer causing agent
(d) Food colorants
Answer: (c)

10) Infection of HIV is usually detected by which test
(a) Elisa test
(b) Hybridization
(c) Gram staining
(d) None
Answer: (a)

11) The destruction of habitat of plants and animals is called
(a) Endemism
(b) Endangered species
(c) Habitat loss
(d) Flood
Answer: (c)

12) Zoos are examples for
(a) In-situ conservation
(b) in-vivo conservation
(c) ex-situ conservation
(d) ex vivo conservation
Answer: (c)

13) The first national park of Pakistan
(a) Lulusar-Dudipatsar National Park
(b) Shandure-Phander National Park
(c) Lal Suhanra National Park
(d) Pir Lasura National Park
Answer: (c)

14) Earth summit of Rio de Janeiro (1992) resulted in
(a) Compilation of Red list
(b) Establishment of biosphere reserves
(c) Conservation of biodiversity
(d) IUCN
Answer: (c)

15) Some species of plants and animals are extremely rare and may occur only at a few locations are called
(a) Endemic
(b) Endangered
(c) Vulnerable
(d) Threatened
Answer: (b)

16) The drug morphine is extracted from …………… plant
(a) Cocoa
(b) Belladonna
(c) Opium Poppy
(d) Tannin
Answer: (c)

17) …………….. species is known as Azadirachta Indica
(a) Neem
(b) Mango
(c) Jackfruit
(d) Banana
Answer: (a)

18) ……………….. tree is known as ‘flame of the forest’?
(a) Ziziphus
(b) Butea monosperma
(c) Jackfruit
(d) Pongamia
Answer: (b)

19) Which tree is known as Coral tree?
(a) Quercus
(b) Dipterocarps
(c) Erythrina
(d) Ziziphus
Answer: (c)

20) Which plants die after flowering?
(a) Lotus
(b) Bamboo
(c) Chrysanthemum
(d) Butea
Answer: (b)

21) Out of 4,100 mammal species in the world, Pakistan is home to
(a) 209
(b) 188
(c) 319
(d) 566
Answer: (b)

22) The four mammals known to have so far disappeared from Pakistan are the tiger (Panthera Tigris), swamp deer (Cervus duvaucelii), lion (Panthera Leo) and the.
(a) White Rhinoceros
(b) One-horned rhinoceros (Rhinoceros unicornis)
(c) Elephant
(d) Hog deer
Answer: (b)

23) ……………….. is a marine tortoise which shows the unique phenomenon ‘Arribada’
(a) Olive Ridley
(b) Star Tortoise
(c) Travancore Tortoise
(d) b & c
Answer: (a)

24) Largest reptile in the world
(a) Dragon
(b) Anaconda
(c) Crocodile
(d) Python
Answer: (b)

25) In which year Broghil Valley (KPK) was declared as National Park?
(a) 1988
(b) 1996
(c) 2010
(d) 2011
Answer: (c)

26) The total population of Snow Leopard in Pakistan is estimated around
(a) 400
(b) 500
(c) 300
(d) 188
Answer: (c)

27) In Pakistan, mangroves forests covered 600,000 hectares but now that has been reduced to
(a) 185,000 hectares
(b) 75,000 hectares
(c) 85,000 hectares
(d) 115,000 hectares
Answer: (b)

28) In which year Kala Chitta was declared as National Park?
(a) 2008
(b) 2009
(c) 2010
(d) 2012
Answer: (b)

29) The Red Data book which lists endangered species is maintained by
(a) UNO
(b) WHO
(c) IUCN
(d) WWF
Answer: (c)

30) The largest national park in the world meeting the IUCN definition is the Northeast Greenland National Park, which was established in
(a) 1973
(b) 1974.
(c) 1976
(d) 1999
Answer: (b)

31) In which year Lal Suhanra was declared as National Park?
(a) 1972
(b) 1988
(c) 1995
(d) 2008
Answer: (a)

32) Flag ship species of Deosai National Park (Skardu) sanctuary
(a) Tiger
(b) Peacock
(c) Brown Bears
(d) Rhino
Answer: (c)

33) Herpetology is a branch of Science which deals with
(a) Aves
(b) Mammals
(c) Reptiles
(d) Fishes
Answer: (c)

34) “Silent Spring” is a well-known book written by
(a) John Miller
(b) Charles Darwin
(c) Rachel Carson
(d) None of these
Answer: (c)

35) First Biosphere reserve in Pakistan
(a) Lal Suhanra National Park
(b) Kirthar National Park
(c) Chitral Gol National Park
(d) Chiltan Hazarganji, National Park
Answer: (a)

36) Bears are usually hunted and killed for their
(a) Teeth
(b) Skin
(c) Gall bladder
(d) Nails
Answer: (b)

37) Coral reefs in Pakistan can be seen in
(a) Atcola Island
(b) Churna (near Karachi coast)
(c) Pasni and near Jevani
(d) All of the above
Answer: (d)

38) Which of the following is an extinct species?
(a) Tiger
(b) Lion
(c) Dodo
(d) Ostrich
Answer: (c)

39) Black Buck is a
(a) Goat
(b) Deer
(c) Butterfly
(d) Bird
Answer: (b)

40) Gharial is a
(a) Crocodile
(b) Cobra
(c) Tortoise
(d) Frog
Answer: (a)

41) ——— is one of the most endangered species of Pakistani birds
(a) Bee eater
(b) Chakoor
(c) Owl
(d) Houbara bustard
Answer: (d)

42) Pangolins feed on
(a) Ants
(b) Fruits
(c) Leaves
(d) Roots
Answer: (a)

43) Many wild plant and animals are on the verge of extinction due to
(a) Habitat destruction
(b) Climatic changes
(c) Non availability of food
(d) None of the above
Answer: (a)

44) The first global environmental protection treaty “The Montreal Protocol” was signed on Sept. 26.
(a) 1985
(b) 1990
(c) 1981
(d) 1987
Answer: (d)

45) Animals and plants are best protected in
(a) Zoos
(b) Botanical Gardens
(c) National Parks
(d) Sanctuaries
Answer: (c)

46) The Native Place of Redwood trees?
(a) Australia
(b) Amazon
(c) California
(d) Thailand
Answer: (c)

47) Which of the following pulls people to urban areas?
(a) Declining agricultural jobs
(b) Lack of land to grow food
(c) Better health care
(d) None of these
Answer: (c)

48) Due to the urban population exploding in developing countries, they will need to build the equivalent of a city with more than 1 million people every __ for the next 25 years.
(a) Day
(b) Week
(c) Month
(d) Three months
(e) Year
Answer: (b)

49) Which of the following statements is false?
(a) The shift in poverty is moving rapidly from the city to the country.
(b) Developing countries are currently urbanizing faster than developed countries.
(c) Urbanization varies throughout the world but is increasing everywhere
(d) The general population growth also contributes to urban growth
(e) The shift in poverty is moving rapidly from the country to the city
Answer: (a)

50) Those who migrate and find jobs in cities can expect all of the following, except
(a) Long hours and low wages
(b) Dangerous machinery
(c) Health and retirement benefits
(d) Noise pollution
(e) High crime rate
Answer: (c)

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MCQs / Q&A, Test, World

Day by Day Current Affairs (March 30, 2019)

March 30, 2019
National Current Affairs

1. Pakistan, China warns against politicizing UN anti-terrorism regime

• Pakistan has warned that politicising the UN counterterrorism machinery would only compromise the integrity of the regime, as China also warned against `forcefully moving` a resolution in the UN Security Council.
• Speaking in a Security Council debate on `Preventing and Combating the Financing of Terrorism` on March 29, 2019, Pakistan`s Ambassador Maleeha Lodhi said that current structures like FATF and the 1267 Sanctions regimes should not be used as political tools by some to advance their geopolitical goals.
• `There is also a need to make these institutions more inclusive of the wider membership in their decision-making processes,` she added.
• On Thursday, Chinese Foreign Ministry spokesman Geng Shuang told a media briefing in Beijing that `forcefully moving` a resolution directly in the UNSC undermined the authority of the UN anti-terrorism committee.


2. Ex-IB chief Ijaz made federal minister

• Former chief of the Intelligence Bureau (IB), Brigadier (Retd) Ijaz Ahmed Shah MNA has been inducted as Federal Minister for Parliamentary Affairs.
• President Dr. Arif Alvi on March 29, 2019 accepted Prime Minister Imran Khan’s request to appoint Ijaz as the federal minister for parliamentary affairs
• He was elected MNA on PTI ticket from NA-118, Nankana Sahib-II in the last general elections held last year.
• The national security adviser’s position has been lying vacant since the PTI came to power.
• Ijaz Shah had served as Director General of the Intelligence Bureau (IB) from 2004 to 2008 in the government of former President General (Retd) Pervez Musharraf.


3. World Bank suspends water resource development project for Balochistan

• The World Bank on March 29, 2019 suspended the Integrated Water Resources Management and Development project for Balochistan over lack of progress in management and funds disbursement.
• In a statement, the WB offered to work with the Balochistan government over the next 30 days to restructure the scope and governance arrangements to more realistically deliver sustainable water management to the province.
• On June 28, 2016, the bank had approved a $200 million credit to strengthen the Balochistan government`s initiative for community-based water management for irrigation in the province.
• The project was designed to boost farmers` incomes through a new irrigation infrastructure and improved on-farm management and rangeland management. An associated objective was building the province`s capacity for long-term water resources planning.


4. Revised disaster response plan launched

• National Disaster Management Authority (NDMA) on March 29, 2019 launched National Disaster Response Plan in collaboration with Asian Disaster Preparedness Centre the under Pakistan Resilience Partnership.
• The target of NDRP 2019is to mitigate damages from natural disasters. Speaking on the occasion, Minister of State for Parliamentary Affairs Engineer Ali Mohammad Khan said the government was well cognisant of the threats and challenges posed by climate change and impending disasters.


5. Ex-CJP Jillani wins exceIIence award for promoting justice

• Former chief justice of Pakistan (CJP) Tassaduq Hussain Jillani, who is officiating as an ad hoc judge at the International Court of Justice in The Haque, has been awarded `International Justice Excellence Award` for promoting justice at home and around the world.
• The ceremony to give the award was held at the International Institute for Justice, Netherlands. Mr Jillani was decorated for his outstanding contribution to the elevation of the principles of justice in Pakistan and the international community.
• Mr. Jillani came to prominence as the 21st chief justice of Pakistan for his landmark judgment on a Suo Motu notice on the Sept 22, 2013 bomb attack on a Peshawar church in which 81 people died.


March 30, 2019: International Current Affairs

6. Fears of no-deal BREXIT rise as MPs sink May`s proposal

• Lawmakers rejected Prime Minister Theresa May`s BREXIT deal for a third time on March 29, 2019, sounding its probable death knell and leaving Britain`s withdrawal from the European Union in turmoil on the very day it was supposed to quit the bloc.
• The decision to reject a stripped-down version of May`s divorce deal has left it totally unclear how, when or even whether Britain will leave the EU, and plunges the three-year BREXIT crisis to a deeper level of uncertainty.
• Within minutes of the vote, European Council President and summit chair Donald Tusk said EU leaders would meet on April 10 to discuss Britain`s departure from the bloc.
• A succession of European leaders said there was a very real chance Britain would now leave without a deal, a scenario that businesses fear would cause chaos for the world`s fifth-biggest economy.


7. KSA frees three women’s rights activists

• Saudi Arabia has temporarily released three of the women’s rights activists held in custody for almost a year, state media has said, following a court hearing in which the detainees alleged torture and sexual harassment during interrogation.
• The announcement by the SPA news agency on March 29, 2019 did not identify the three women but several reports named them as blogger Eman al-Nafjan, Aziza al-Youssef, a retired lecturer at King Saud University, and academic Rokaya al-Mohareb.


8. Chinese telescope collects more than 11M spectra

• China has released 11.25 million spectra of celestial objects acquired by the Large Sky Area Multi-Object Fiber Spectroscopic Telescope (LAMOST) to astronomers worldwide, according to the National Astronomical Observatories of China (NAOC) of the Chinese Academy of Sciences March 29, 2019.
• As the world’s largest spectral survey telescope, LAMOST marks the world’s first spectral survey project to obtain more than 10 million spectra. Spectra are key for astronomers to read celestial bodies’ chemical compositions, densities, atmospheres and magnetism. Among the released spectra, there are 9.37 million high-quality spectra, which is twice the total number of other astronomic surveys internationally. There are also 6.36 million stellar spectra, creating the largest stellar parameter catalog in the world. Finished in 2008, LAMOST began regular surveys in 2012. The telescope is located in NAOC’s Xinglong Observatory, in north China’s Hebei Province.The telescope can observe about 4,000 celestial bodies at one time. It can also help calculate the age of more than a million stars, providing basic data to study the evolution of our galaxy


9. Earth Hour being marked today

• ‘Earth Hour’ being marked all over the world on 30th March (today).
• People are on the frontlines of climate change. The Earth Hour reminds us that individual and global community actions can prove to be a milestone to transform the climate challenges and protect the generations to come.
• The lights of the Parliament will be switched off between 8:30pm to 9:30pm to show Parliament’s commitment of joining hands with the world for energy conservation, combating climate change and global warming.
• Pakistan’s Vision 2025 considered climate change as one of the top national priorities and provided a sound basis to integrate climate change budgeting into national development planning.


March 30, 2019: Sports Current Affairs

10. Australia win fourth ODI by six runs

• Australia pulled off a sensational last-over, six-run win despite a debut hundred by Pakistan`s Abid Ali and second career century by Mohammad Rizwan in the fourth one-day international in Dubai on March 29, 2019.
• Needing 278 to win, Pakistan came close to their target through Ali`s 112 and Rizwan`s 104 but in the end, the two hundred were in vain as they failed to score the required 17 runs off Marcus Stoinis`s last over.
• The win gives Australia a 4-0 lead with the last match to be played in Dubai on March 31, 2019.

Day by Day Current Affairs (March 30, 2019) Read More »

Current Affairs, Sports, World

Day by Day Current Affairs (December 08, 2018)

December 7, 2018: National Current Affairs

1. Pakistan wants `proper ties` with US like its relations with China

• Prime Minister Imran Khan has expressed his desire to have a proper relationship with the United States akin to Islamabad`s ties with Beijing rather than the one where Pakistan is treated like a `hired gun`.
• The prime minister, in his first interview to The Washington Post after assuming office, said: `I would never want to have a relationship where Pakistan is treated like a hired gun given money to fight someone else`s war. It not only cost us human lives, devastation of our tribal areas, but it also cost us our dignity.
• When asked to elaborate on the ideal nature of relationship that he would like to have with Washington, Mr Khan said: `For instance, our relationship with China is not one-dimensional. It`s a trade relationship between two countries. We want a similar relationship with the US.
• The prime minister explained that the country was not `hedging` towards China, but it was rather Washington`s attitude that had brought a change in the Pakistan-US relationship. He clarified that disagreeing with US policies did not equate to him being `anti-American` when he was asked why he harboured `anti-US sentiments`. `This is a very imperialistic approach: you`re either with me or against me,` he observed.

2. `Only 1pc of the population are tax filers, 70pc of the economy is undocumented`

• Economists and energy experts on December 7, 2018, called for structural, legal and fiscal reforms to bring the country out of the crisis.
• They suggested increasing the tax base, improving the capacity of state institutions, inclusiveness and creating a technology-friendly environment to create jobs and harnessing the talents and skills of the younger generation, who comprise 60pc of the population.
• During a panel discussion on `The Dynamic Global Economy: Fostering the Pakistan Advantage` organised by a public diplomacy initiative, RAABTA, experts attempted to address some of the tricky questions such as population growth, fiscal and financial imbalances, the direction of the government for steering the country out of economic crisis, the International Monetary Fund (IMF) bailout and its impact on the citizens. The discussion was moderated by broadcast journalist Sidra Iqbal.

3. SBP to issue Rs50 coin for anti-graft day

• The State Bank of Pakistan (SBP) on December 7, 2018 said it will issue a commemorative coin of Rs50 from Monday, Dec 10, to mark the International Anti Corruption Day.
• On Oct 31, 2003, the United Nations General Assembly adopted the convention against corruption and designated Dec 9 as International Anti-Corruption Day to raise public awareness about it.
• The government has now authorised SBP to issue Rs50 commemorative coin which will be available through exchange counters of all the field offices of SBP Banking Services Corporation from Dec 10

4. Two new SECP commissioners appointed

• The federal cabinet on December 7, 2018 issued notification for the appointment of two new commissioners at the Securities and Exchange Commission of Pakistan (SECP).
• According to the Finance Division notification, the federal government has appointed Executive Director/ Spokesperson SECP Aamir Khan and Farrukh H Sabzwari as commissioners in SECP for a period of three years with immediate effect.
• Following the new appointments, the number of commissioners now stands at five, completing the commission.
• Mr Khan has extensive experience spanning almost 30 years covering banking, capital markets, structuring of financial solutions/products, leading national initiatives, business transformation, and regulatory reform. Since 2012, he has been serving as an executive director at the SECP.

5. Ban on hiring of doctors lifted

• The Punjab government allowed the health department on December 7, 2018 for ad hoc appointment of doctors and paramedics.
• According to a notification of Services and General Administration Department, regulations wing, the cabinet, in its meeting held on Aug 31, had decided to impose a ban on all recruitments from BPS-01 to BPS-16 in all administrative departments except on the posts from BPS-17 and above which fell under the preview of the Punjab Public Service Commission (PPSC).

December 8, 2018: International Current Affairs

6. Over half of global population now online: UN

• Some 3.9 billion people are now using the Internet, meaning that for the first time more than half of the global population is online, the United Nations said on December 7, 2018.
• The UN agency for information and communication technologies, ITU, said that by the end of 2018 a full 51.2 per cent of people around the world will be using the Internet.
• `By the end of 2018, we will surpass the 50/50 milestone for Internet use,` ITU chief Houlin Zhou said in a statement.
• `This represents an important step towards a more inclusive global information society,` he said, adding though that `far too many people around the world are still waiting to reap the benefits of the digital economy.` He called for more support to `technology and business innovation so that the digital revolution leaves no one offline.

7. China prepares mission to land spacecraft on moon`s far side

• China was preparing to launch a ground-breaking mission to soft-land a spacecraft on the largely unexplored far side of the moon, demonstrating its growing ambitions as a space power to rival Russia, the European Union and US.
• With its Chang`e 4 mission, China hopes to be the first country to ever successfully undertake such a landing. The moon`s far side is also known as the dark side because it faces away from Earth and remains comparatively unknown, with a different composition from sites on the near side, where previous missions have landed.
• If successful, the mission scheduled to blast off aboard a Long March 3B rocket will propel the Chinese space programme to a leading position in one of the most important areas of lunar exploration.

8. Australia passes new data encryption laws

• Australia has passed controversial laws designed to compel technology companies to grant police and security agencies access to encrypted messages. The government says the laws, a world first, are necessary to help combat terrorism and crime.
• However critics have listed wide-ranging concerns, including that the laws could undermine the overall security and privacy of users.
• The laws were rushed through parliament on its final day of the year. The Labor opposition said it had reluctantly supported the laws to help protect Australians during the Christmas period, but on December 7, 2018 it said that “legitimate concerns” about them remained.
• Cyber-security experts have warned the laws could now create a “global weak point” for companies such as Facebook and Apple.
• Australia already has laws which require providers to hand over a suspect’s communication to police. This may already be possible if a service provider uses a form of encryption that allows them to view a user’s message.

9. Tool designed to track steps of cells’ development

• Researchers at Washington University School of Medicine in St Louis have developed a new tool described as a “flight data recorder” for developing cells, illuminating the paths cells take as they progress from one type to another.
• Using the flight data recorder, the researchers performed experiments that uncovered some surprising details about the specific routes taken by cells that successfully completed their flight paths.
• The technique harnesses the natural properties of a virus that inserts tiny DNA “barcodes,” called “CellTags,” into each cell. As the cells divide, their unique barcodes are passed down to all their descendant cells. The CellTagging technique keeps track of which cells share common ancestors and how far back that common ancestor is found in the lineage. The researchers found that if a certain gene, called Mettl7a1, was turned on in cells, they were three times as likely to successfully reprogram compared with cells in which this gene is inactive. Another interesting finding was that the cells that were not successful in their reprogramming didn’t just end up all over the map. They appeared to converge at the same dead end, tending to revert back to look like the original cell type. The tool could reveal cellular “reprogramming” routes that might involve reverting skin cells back to different types of stem cells that could then mature into a new liver or other vital organ.
• Among many potential uses, the tool also could be applied in cancer research, recording the wrong turns normal cells might take to develop into tumors, according to the researchers.

December 8, 2018: Sports Current Affairs

10. New Zealand crush Pakistan to win Test series

• Debutant Will Somerville grabbed three key wickets to guide New Zealand to their first away series win over Pakistan in 49 years with a crushing 123-run win in the third and final Test on December 7, 2018.
• The off-spinner took 3-52 and was aided by fellow spinner Ajaz Patel`s 3-42 as Pakistan came up well short after being set a daunting 280-run target in 79 overs.
• They crumbled to 156 in 56.1 overs on a weary pitch at Sheikh Zayed Stadium in Abu Dhabi.
• The victory gave New Zealand a 2-1 series win after they had taken the first Test by a narrow four-run margin at the same venue. Pakistan bounced back with an innings and 16-run win in the second Test in Dubai.
• New Zealand`s last away series win against Pakistan was a 1-0 victory in matches played in Pakistan in 1969-70.
• It was New Zealand`s fifth Test series win in their last six played since November 2016. They beat Pakistan, Bangladesh, the West Indies and England all at home with the single loss came against South Africa.

Day by Day Current Affairs (December 08, 2018) Read More »

Current Affairs, Sports, Test, World

10 Important Climate Change Facts

1) Temperatures are breaking records around the world:

The 21st century has seen the most temperature records broken in recorded history. 2016 was the hottest year on record since 1880, according to NASA, with average temperatures measuring 1.78 degrees Fahrenheit (0.99 degrees Celsius) warmer than the mid-20th century mean Since the 1950s, every continent has warmed substantially. NASA’s latest visualizations, above, make that reality stark.

2) There is no scientific debate about the reality of climate change:

Multiple studies show that a massive 97 per cent of researchers believe global warming is happening But climate change is considered only the third most serious issue facing the world by the world’s population, behind international terrorism and poverty, hunger and the lack of drinking water

3) Arctic sea ice and glaciers are melting:

Arctic sea ice coverage has shrunk every decade since 1979 by 3.5 to 4.1 per cent. Glaciers have also been in retreat, including in major mountain ranges like the Alps, Himalayas and Rockies. In 2017, Arctic sea ice reached a record low for the third straight running

4) Sea levels are rising at their fastest rate in 2,000 years:

Levels are currently rising at their fastest rate for more than 2,000 years and the current rate of change is 3.4mm a year. In July, a massive crack in the Larson C ice shelf finally gave way sending a 5,800 square km section of ice into the ocean. The newly formed iceberg is nearly four times the size of London.

5) Climate change will lead to a refugee crisis:

An average of 21.5 million people have been forcibly displaced since 2008 due to climate changed-related weather hazards, according to the United Nations High Commissioner for Refugees.

6) Two-thirds of the Great Barrier Reef has been damaged as a result of climate change:

In April 2017, it was revealed that two-thirds of Australia’s Great Barrier Reef has been severely damaged by coral bleaching. As a result, the coral loses its vibrant appearance, turns white and becomes weaker. Scientists say it will be hard for the damaged coral to recover.

7) The ocean is 26 percent more acidic than before the Industrial Revolution:

The pH of ocean surface water has decreased by 0.1, which makes them 26 percent more acidic now than at the beginning of the Industrial Revolution. The waters are more acidic now that at any other point in the last 300,000 years.

8) Global flooding could triple by 2030:

The number of people exposed to flooding each year is at risk of tripling from 21 million to 54 million by 2030, This would result in the economic costs of flooding increasing from £65 billion to around £340 billion.

9) More greenhouse gases are in our atmosphere than any time in human history:

The concentration of carbon dioxide in the atmosphere reached the milestone of 400 parts per million for the first time in 2015 and surged again to new records in 2016

10) Earth could warm by six degrees this century:

The Earth’s temperature will continue to rise so long as we continue to produce greenhouse gases. The estimates for how much temperature will increase by 2100 range from two degrees Celsius to as much as six degrees Celsius.

10 Important Climate Change Facts Read More »

Articles

IS IMF AVOIDABLE? (By Shahid Kardar)

IT is now generally recognised that we face the herculean task of settling our external obligations. However, what is less widely understood is that the structural factors underlying the massive current account deficit of and the rapidly growing debt repayments have made the present crisis deeper and more protracted in nature (especially with the rising price of oil). In the short-term the external financing gap presents a formidable challenge with the more immediate requirement likely to be $28 billion for the current year.
And the fiscally irresponsible budget for 2018-19 tabled by the outgoing government is expected to worsen both the external and domestic imbalances, thereby queering the pitch for the next government, making its task even more daunting, both economically and politically (the latter may just make the withdrawal of the income tax concessions almost impossible).

 

An IMF programme has become unavoidable because no amount of external flows from friendly countries and bonds taken up by our diaspora will be able to meet the financing requirement of $75bn over three years. This die was cast some time ago and while some respite has been provided by the recently acquired Chinese loans, dithering and procrastination in starting discussions with the IMF will weaken our negotiating position with each passing day.
More importantly, even a double-digit IMF assistance (more than our actual entitlement) will be spread over a three-year period. This will result in available resources(including aid from the World Bank and ADB) falling well short of the funds required to settle this year`s liabilities, unless the new government undertakes politically unpopular adjustments. These adjustments (briefly highlighted below) are likely to include further depreciation of the rupee, partly because the pressure on the rupee and the foreign exchange reserves is not likely to subside anytime soon following the initiation of `global currency wars` as one outcome of the trade wars. This revision will address the issue of creeping speculation against the rupee while improving the competitiveness of our exports.
Next, to maintain reserves at a level that can cover at least two months of imports we will need to curb imports by at least 15 percent lower (covering items beyond just consumer products). To achieve this objective supplementary measures, like broader application of cash margins and upward revisions in customs duties, will be required, which will admittedly lead to a compression in growth.
Corrective measures would extend to further enhancement of interest rates. The regime of low-interest rates even after the 14pc depreciation of the rupee continues to disincentivise savings in rupee-denominated financial instruments that would provide funds for investment (incentive worsened by the withholding tax on banking transactions). Not surprisingly, rupee deposits have grown by only 7pc (just above the interest earned during 2018 on rupee deposits at the beginning of the year July 1, 2107) while the net increase in the National Savings Schemes is actually negative! Admittedly, this measure will also have a dampening effect on growth.
Only by entering into an IMF programme will we be able to ease the pain of correction. The adoption of a Fund programme will not only facilitate the mobilisation of funds from multilaterals but also improve our access to international capital markets (both in terms of tenor and interest rates), thereby enabling a gradual and less painful path for undertaking the long delayed essential external adjustments.
The World Bank and the ADB, however, can at best provide $2bn each. But these funds are contingent upon the availability of a `certificate of good behaviour`/comfort letter from the IMF, requiring our endorsement of a Fund programme. Moreover, the $4bn from these institutions is not likely to flow into our coffers in full. Their assistance is now essentially in the form of project aid. And going forward we may not have the absorptive capacity to utilise these volumes. In the short-term there will have to be an inevitable sharp pruning of the rupee component of the Public Sector Development Programme (already cluttered with too many schemes) to cut the fiscal deficit to manageable levels, unless the development programme is rationalised involving a renewed focus on water and energy and the scrapping of schemes at the initial stages of implementation.
One hopes that the slowing down of the growth rate following the squeezing of imports will be less harsh as a consequence of a f aster rate of growth of exports and CPEC-related investments accompanied by timely payments of duty drawbacks and tax and GST refunds at the time of export receipts.
The inflationary impact of the measures above can partly be moderated by the utilisation of cheaper sources of energy through an improvement in the fuel mix and by adjusting downward the support and procurement prices of sugar and wheat to reflect the decline in international commodity prices.
Moving onto the issue of the fiscal deficit, the fiscal position of the federal government is highly compromised with limited room for maneuverability (more than 58pc of tax revenues being earmarked for the provinces). Such an outcome has been precipitated by the failure of the federal government to a) right-size itself af ter the 18th Amendment; b) to pass on any portion of the burden of energy and fertiliser subsidies and BISP allocations to the provinces; c) to stop the steady accumulation in losses of SOEs and its continued financing and execution of vertical programmes and intra-provincial projects.
To summarise the discussion above we are witnessing the brewing of a full-blown fiscal crisis. It should be obvious that the challenges identified above will literally consume the energies of the next government in its first year of office, requiring painful adjustments throughout the currency of its tenure (especially during what is generally referred to as the honeymoon period).
A fear is that the likely Fund programme would again be cluttered with too many performance criteria and targets, several of them covering subjects in which the IMF cannot claim core competence. Ideally, given the IMF`s technical capabilities the programme should only cover tax policy and structure, monetary policy and balance of payments. Regrettably, despite its acknowledged know-how of tax systems, the IMF has been guilty of supporting, on its watch, the development of a complex and dysfunctional tax regime and a cumbersome management system, resulting, for example, in a structure of almost 70 different types of withholding taxes and a legal category `non-filer`, thereby failing badly to induce fundamental sustainable reforms in the area of its expertise.
This article has deliberately chosen to remain silent on whether the IMF can be bludgeoned into translating the threat of the US Secretary of State into actual actions. It is not obvious how the Fund will be able to ring-fence its assistance to prevent its utilisation to settle our Chinese liabilities if the latter choose nether to reschedule their loans nor accept settlement through transfer of Pakistani assets.
Courtesy: Daily Dawn

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