ECO | MCQs

Explanation

D-8 is the economic group of nine Muslim countries.

The D-8 is an organization of nine Developing countries:

Short trick to learn D-8 BETii - MNP

1. Bangladesh
   
2. Egypt
3. Indonesia
4. Iran
5. Malaysia
6. Nigeria
7. Pakistan
8. Turkey
9. Azerbaijan

India is not a member of the D-8 

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The D-8 Organization for Economic Cooperation, also known as Developing-8

The D-8 Organization for Economic Cooperation Headquarters: İstanbul, Türkiye

D8 was Established in Istanbul in 1997.

The Founder of D-8 Organization for Economic Cooperation: Necmettin Erbakan

Explanation

Explanation

The United States is the 2nd largest goods exporter in the world, behind only China.

U.S. goods exports to the world totaled $2.1 trillion in 2022

while

China is the largest import partner of Pakistan.

ND6-08-2023

Explanation

• Full form: Asian Development Bank
• Headquarters: Manila
• Established: December 19, 1966
• Membership: 68 countries
• Members from Asia and the Pacific: 49
• Outside members: 19

1. How many countries are members of the ADB excluding Asia and the Pacific? 19
2. Which country has become the largest recipient of the ADB loans? Pakistan
3. Pakistan became the largest recipient of ADB loans in 2022 by receiving how much? 5.58 billion US dollars
4. The ADB disbursed loans and grants amounting to $ ____ billion to Pakistan in 2021. $1.31 billion
5. Which country is the largest shareholder of the ADB? Japan
6. Which edition of the meeting of the Board of Governors of the ADB was held in May 2023? 56th
7. Where was the 56th annual general meeting of the ADB Board of Directors held? South Korea

Explanation

WTO: World Trade Organization

WTO members: 164

WTO headquarters: Geneva, Switzerland

WTO was created on January 1, 1995

WTO official languages: English, French, Spanish

WTO is the successor of General Agreement on Tariffs and Trade (GATT).

Pakistan joined World Trade Organization (WTO) on 1 January 1995.

World Trade Organization (WTO) was established in 1995 with the objectives:

1. To Protect Intellectual Property Rights
2. To Promote Free Trade In The World
3. To Remove Quota Restrictions in Foreign Trade

Explanation

Brazil's Currency is Real.

Brazil Capital is Brasilia.

Brazil's official language is Portuguese.

Brazil located is in the Continent of South America.

Brazil's Primary Religion is Christianity.

Brazil Head of Govt. is President – Luiz Inacio Lula da Silva

Brazil's Parliament is called the National Congress.

Tricks for Remember

RK23-11-2022

Explanation

The International Monetary Fund (IMF) is a major financial agency of the United Nations and an international financial institution

IMF founded: 27 December 1945

IMF headquarters: Washington, USA

IMF total members: 190

IMF official language: English 

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agm.5.3.23

ND23-4-2023

Explanation

• Pakistan is not a member  of BRICS
• Know everything about BRICS: 
• BRICS founded: June 2009
  
• BRICS Member countries: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates
  
• BRICS total members: 10 
• South Africa joined BRICS: 2010
• BRICS headquarters: Shanghai, China
• BRICS first conference hosted by: Russia (2009) 

Explanation

• Pakistan and China signed an agreement for the ML-1 railway track in 28 April 2019.
• The agreement aims to upgrade and reconstruct the existing Karachi-Lahore-Peshawar (ML-1) railway track.
• This project is part of the CPEC.

Explanation