{"id":68383,"date":"2021-02-11T20:16:52","date_gmt":"2021-02-11T20:16:52","guid":{"rendered":"https:\/\/prepistan.com\/blog\/?p=68383"},"modified":"2021-02-11T20:16:52","modified_gmt":"2021-02-11T20:16:52","slug":"current-affairs-february-11-2021-top-pakistan-current-affairs-for-entry-test-preparation","status":"publish","type":"post","link":"https:\/\/prepistan.com\/blog\/current-affairs-february-11-2021-top-pakistan-current-affairs-for-entry-test-preparation\/","title":{"rendered":"[Current Affairs] February 11, 2021 Top Pakistan Current Affairs for Entry Test Preparation"},"content":{"rendered":"<p><strong>Today\u2019s top Pakistan current affairs February 11, 2021 with download link available in pdf. These are the latest breaking news about Pakistan which will be helpful for aspirants in test preparation of current affairs, Pakistan affairs, General knowledge for NTS, PPSC, CSS, FPSC, <\/strong><strong>KPPSC, SPSC, BPSC, AJKPSC, OTS, PTS, and other Govt Jobs, exams &amp; MDCAT, ECAT Entry test preparation.<\/strong><\/p>\n<h4><span style=\"color: #0000ff;\"><strong>One Liner<\/strong><\/span><\/h4>\n<ul>\n<li><span style=\"background-color: #ffff00;\">Kid Martyred, Seven Others Injured In Cross Border Attack From Afghanistan: ISPR.<\/span> A five-year-old boy was martyred and seven other children were injured in a cross-border attack from Afghanistan, said Inter-Services Public Relations (ISPR) in a statement.<\/li>\n<li><span style=\"background-color: #ffff00;\">PM Imran Khan Approves Hike In Salaries Of Govt Employees.<\/span> Prime Minister Imran Khan on Thursday approved increase in salaries of government employees after a protest in the federal capital.<\/li>\n<li><span style=\"background-color: #ffff00;\">Govt Announces 25% Adhoc Allowance For All Federal Employees Of BPS 1 to 19.<\/span> The government has announced twenty five percent Adhoc allowance for all federal employees of Basic Pay Scale one to nineteen.<\/li>\n<li><span style=\"background-color: #ffff00;\">ECP Announces Senate Elections To Be Held On March 3.<\/span> The Election Commission of Pakistan (ECP) has announced that Senate elections will be held on 3rd of next month.<\/li>\n<li><span style=\"background-color: #ffff00;\">Pakistan Successfully Tests Fire Babur Cruise Missile.<\/span> Pakistan has conducted a successful training launch of Babur Cruise Missile, with a range of 450 kilometers.<\/li>\n<li><span style=\"background-color: #ffff00;\">Rs2.5 Charged Over Choosing To Receive Receipt After ATM Transaction.<\/span> Payment Service Provider (PSP) 1Link has clarified that the fee being charged on receipts after withdrawing cash from ATMs is a part of Go Green exercise to \u2018reduce litter\u2019 and to \u2018lower the cost of printed receipts\u2019, which users can opt out of by not operating the machine to produce the receipt.<\/li>\n<li><span style=\"background-color: #ffff00;\">Pakistan Beat SA In First T20 After Close Encounter.<\/span> Pakistan overcame belligerent resistance from South African batsmen to win the first T20 international by three runs on Thursday at the Gaddafi Stadium.<\/li>\n<li><span style=\"background-color: #ffff00;\">Gold prices continue to fall in domestic market.<\/span> Gold prices extended a downward trend in the domestic market for the second consecutive day on Thursday as per tola price of yellow metal decreased by Rs100 to Rs111,850<\/li>\n<li><span style=\"background-color: #ffff00;\">Rupee strengthens against US dollar.<\/span> The Pakistani rupee continued to strengthen against the United States (US) dollar on Thursday as it appreciated by 24 paisa against the greenback in the interbank.<\/li>\n<\/ul>\n<h2><strong><span style=\"color: #0000ff;\">Spotlight by\u00a0<\/span><a href=\"https:\/\/www.thenewsrun.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">The NewsRun<\/a><\/strong><\/h2>\n<div>\n<div>\n<p><span style=\"background-color: #ffff00;\"><strong>1. COVID-19 IN PAKISTAN<\/strong><\/span><\/p>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li><strong>24-hour count:\u00a0<\/strong>Pakistan reported<strong>\u00a01,502\u00a0new cases<\/strong>\u00a0and\u00a0<strong>57\u00a0deaths<\/strong>\u00a0in the past 24 hours. Pakistan also conducted<strong>\u00a037,452\u00a0tests\u00a0<\/strong>in the span of 24 hours (P.S. this data was last updated on February 11\u00a0at 8:31am).<\/li>\n<\/ul>\n<div>\n<div>\n<p class=\"m_-4340501688440609944size-18\" lang=\"x-size-18\"><span style=\"background-color: #ffff00;\"><strong>2. Protesting govt employees clash with police<\/strong><\/span><\/p>\n<\/div>\n<\/div>\n<div>\n<div>\n<p><strong>What&#8217;s going on?\u00a0<\/strong>Govt employees held protests outside<a href=\"https:\/\/www.dawn.com\/news\/1606563\/islamabad-police-resort-to-shelling-amid-govt-employees-protest-for-pay-rise\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-t\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNFpd88sgTyxc13Ff2wFHhOO3gvFDg\">\u00a0various locations<\/a>\u00a0in Islamabad. Protestors complained about salary disparities and demanded a pay raise. They tried\u00a0entering\u00a0the restricted &#8220;Red Zone&#8221; where Parliament House is located. Police reportedly tear gassed hundreds of govt employees and arrested dozens of protesters. According to\u00a0<a href=\"https:\/\/tribune.com.pk\/story\/2283385\/islamabad-turns-into-war-zone-as-govt-employees-clash-with-police\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-i\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNHZB0nfhXOogj_K8QTyJqSVmyLd6Q\"><em>The Express Tribune<\/em><\/a>, protestors threw stones at police officers in return.<\/p>\n<\/div>\n<\/div>\n<div>\n<div>\n<p><strong>The details:\u00a0<\/strong>According to the\u00a0<a href=\"https:\/\/www.instagram.com\/p\/CLHt66_HGEA\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-d\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNHImHRwdFuZAEa0iHyE3HPpiuS6jQ\">Aurat March<\/a>\u00a0(i.e. women&#8217;s march) organization in Islamabad, police &#8220;assaulted&#8221; protesting govt employees and pensioners with tear gas, resulting in several injuries.\u00a0<a href=\"https:\/\/twitter.com\/asmashirazi\/status\/1359486813497405446\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-h\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNFGPVzI398SkBn3L-D6g00CR07iZA\">Videos<\/a>\u00a0and photos showing clouds of\u00a0tear gas\u00a0are making rounds online.<\/p>\n<\/div>\n<\/div>\n<div>\n<div>\n<p><strong>Looking ahead:\u00a0<\/strong>Defence Minister Pervez Khattak\u00a0is leading a\u00a0three member govt committee assigned\u00a0to negotiate with protestors. There&#8217;s still no clear answer about a salary increase. Khattak\u00a0said the govt is ready to talk if protestors &#8220;bring\u00a0their demands within limits.&#8221; He&#8217;s basically asking protesting govt employees\u00a0to keep the treasury and condition\u00a0of the country in mind while pushing for higher salaries.<\/p>\n<\/div>\n<\/div>\n<div>\n<div>\n<p><strong>The bottom line:\u00a0<\/strong><a href=\"https:\/\/twitter.com\/search?q=%23IslamabadProtests&amp;src=trend_click&amp;vertical=trends\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-k\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNFvmcVwaeT2H7MkCY_32Z_-PKy-3Q\">#IslamabadProtests<\/a>\u00a0is trending on Twitter. People are criticizing the police for tear gassing and arresting govt employees\u00a0who were exercising their democratic right to protest.\u00a0Opposition party leaders\u00a0<a href=\"https:\/\/www.dawn.com\/news\/1606563\/islamabad-police-resort-to-shelling-amid-govt-employees-protest-for-pay-rise\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-u\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNGOXmkDDjRYT94mlx7LaWzTww2Sdw\">Bilawal Bhutto<\/a>\u00a0and\u00a0<a href=\"https:\/\/tribune.com.pk\/story\/2283385\/islamabad-turns-into-war-zone-as-govt-employees-clash-with-police\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-o\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNGE_s9HeKbstn3MyISOj-oEY3ulHg\">Maryam Nawaz<\/a>\u00a0also voiced\u00a0their support for the protestors.\u00a0Bhutto and Nawaz\u00a0suggested\u00a0that govt workers are asking for higher salaries because they can&#8217;t keep up with rising prices.<\/p>\n<\/div>\n<div>\n<div>\n<p><span style=\"background-color: #ffff00;\"><strong>3. Helping startups attract foreign investment<\/strong><\/span><\/p>\n<p>The State Bank of Pakistan (SBP) is reportedly\u00a0working on\u00a0<a href=\"https:\/\/t.co\/vA24wcWZf8?amp=1\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-b\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNE-QQODBfPbLvIBnh16X2Xb__6r2A\">a new loan scheme<\/a>\u00a0that will make it easier\u00a0for local startups to raise capital (i.e. money)\u00a0in the form of convertible debt from foreign investors. Convertible debt, also known as a\u00a0<a href=\"https:\/\/www.seedinvest.com\/blog\/startup-investing\/how-convertible-notes-work\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-n\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNG3mZQbSJH03R1vB2Qn5moQQWNrKw\">convertible debt note,<\/a>\u00a0is a type of\u00a0loan that can be converted into equity (i.e. shares\/ownership in a company). Some people are hoping the SBP&#8217;s reforms are a game changing development for Pakistan&#8217;s startup ecosystem. According to General Counsel at\u00a0<a href=\"https:\/\/twitter.com\/Sarmayacar\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-p\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNFH7Y-YZTotId9-0r72WVV-VBCU_A\">Sarmayacar<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/MubarizSiddiqui\/status\/1359515417312698368\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/newsletter.thenewsrun.com\/t\/j-l-akyliht-iluykthdp-x\/&amp;source=gmail&amp;ust=1613158808941000&amp;usg=AFQjCNGPEmG7Hj1isddzL5d2ngnxxSF6yg\">Mubariz\u00a0Siddiqui<\/a>, this regulatory change will &#8220;enable Pakistani entrepreneurs and businesses to attract\u00a0smart capital and expand to markets abroad.&#8221;<\/p>\n<\/div>\n<\/div>\n<div>\n<div>\n<ul>\n<li><em><strong>An oversimplified version of how convertible\u00a0debt works:\u00a0<\/strong><\/em>In order to sell equity, founders normally need to know their company&#8217;s valuation.\u00a0However, when a company is at\u00a0its earliest stage of formation, it typically doesn&#8217;t have enough assets, revenue or customers to determine its value. Convertible debt is a way for\u00a0startups without a valuation\u00a0to get loans from private investors. Instead of simply returning the loan in the form of principal (i.e. original amount borrowed) plus interest (i.e. fee charged for borrowing), startup founders pay the early stage investors in equity shares at a later time &#8211; normally during the next financing round (e.g. Series A).<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div>\n<div>\n<ul>\n<li><em><strong>\u200bAn example of investor\u00a0perks:<\/strong><\/em>\u00a0Early investors are taking a bigger risk. That&#8217;s why\u00a0convertible debt comes with some extra advantages, like\u00a0a discount feature.<strong>\u00a0<\/strong>Early investors can buy shares at a cheaper price, compared to what late\u00a0stage investors have to pay for the same shares\u00a0once the financing round closes.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[dkpdf-button]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today\u2019s top Pakistan current affairs February 11, 2021 with download link available in pdf. These are the latest breaking news about Pakistan which will be helpful for aspirants in test preparation of current affairs, Pakistan affairs, General knowledge for NTS, PPSC, CSS, FPSC, KPPSC, SPSC, BPSC, AJKPSC, OTS, PTS, and other Govt Jobs, exams &amp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":52815,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-68383","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-current-affairs"},"_links":{"self":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/posts\/68383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/comments?post=68383"}],"version-history":[{"count":0,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/posts\/68383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/media\/52815"}],"wp:attachment":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/media?parent=68383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/categories?post=68383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/tags?post=68383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}