Explanation

•  Pakistan helps Srilanka with $ 50 million
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• PM Imran Khan offered a $50 million line of credit to Sri Lanka for defense purchases. During his visit to Sri Lanka in February 2021
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• Pakistan has extended a $50m line of credit for defense purchases to Sri Lanka
• Pakistan would provide Rs52 million for the promotion of sports in Sri Lanka, according to the communique
• Pakistan has decided to give Colombo a $200 million loan for the purchase of rice and cement,
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• Sri Lanka: located in South Asia
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• Capital: Colombo
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• Currency: Sri Lankan rupee

Explanation

Large-scale manufacturing in Pakistan saw a growth of 8.11% during July-March FY 2023.

This growth indicates a moderate recovery in the sector despite ongoing economic challenges.

Explanation

As of June 2024, Pakistan’s total public and guaranteed debt reached approximately Rs. 74.013 trillion.

This figure represents a significant rise, mainly due to currency devaluation and fiscal deficits.

Explanation

During FY 2023, the mining and quarrying sector negatively grew by 4.4%.

This contraction was driven by reduced extraction activities and investment constraints in the sector.

Explanation

Agriculture is the mainstay of the Pakistani economy. It accounts for 19% of  GDP and, together with agricultural products, produces 80% of the country's total export revenue. Over 42.3% of the workforce is employed in this sector. Agriculture produces 19% of  GDP and employs 48% of the population.

Explanation

According to the Economic Survey of Pakistan 2022-23, the growth rate of the agriculture sector during FY 2023 was 1.55%.

This modest growth reflects challenges such as climate impacts and resource constraints affecting agricultural productivity.

Explanation

Forex stands for Foreign Exchange.

It refers to the global market where individuals, businesses, and institutions trade currencies.

It's also known as the FX market.

Explanation

In May 2023, the 56th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) was held in Incheon, South Korea.

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 All Question About " Asian Development Bank "

 full form of ADB: Asian Development Bank 

The headquarter of the Asian Development Bank is in Manila

Asian Development Bank was established on December 19, 1966

Membership: 68 countries

Explanation

Explanation

Most of the Dates produced in Pakistan are cultivated in Balochistan and Sindh provinces.

Major Dates producing areas in the country are:

• Turbat
• Panjgur
• Gwadar
• Khairpur
• and D.I. Khan.

ND12-2-2023