Economic | MCQs

Explanation

Treasury is the correct spelling. 

Treasury means خزانہ یا خزانے کی جگہ 

AGM 20 01 23

Explanation

Currency of Bangladesh is Taka

Explanation

• the G7 ( group of seven) is an Organization of the world's seven largest advanced economies.
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• The G7 is an informal grouping of seven of the world's advanced economies
  
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• The Group of Seven (G-7) is an intergovernmental organization made up of the world's largest developed economies: France, Germany, Italy, Japan, the United States, the United Kingdom, and Canada.
• the (G7) group of seven is an Organization first established in1975 

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Explanation

About I2U2

Established: October 2021

First virtual summit: July 2022

The quadrilateral I2U2 stands for “I” for India and Israel and “U” for the US and UAE. 

Explanation

South Asian Free Trade Agreement (SAFTA) came into force on 1 January 2005.

Explanation

ADB abbreviation Asian Development Bank

ADB obtains its funding by issuing bonds on the world's capital markets.

It also relies on the contributions of member countries, retained earnings from lending operations, and the repayment of loans.

(ADB) is a regional development bank established on 19 December 1966

headquartered located in the city of Mandaluyong, Metro Manila, Philippines.

The bank also maintains 31 field offices around the world

ND20-6-2023

Explanation

Adam Smith FRSA was a Scottish economist, philosopher, pioneer of political economy, and a key figure during the Scottish Enlightenment. 

Born: June 1723 United Kingdom

Died: July 17, 1790 United Kingdom

Explanation

Explanation

FY 2022-23, the country received $27.03bn in workers' remittances, down 13.6pc from a year ago. 

Explanation

 Pakistan is the second-highest economic growth recorded in the last three years of the incumbent government. As a result of the rebasing exercise, the growth rate improved from the earlier estimate of 3.94pc to 5.4pc, while the size of the economy rose to $346.76 billion from the provisional estimate of $296 billion, according to the National Accounts Committee, which approved these figures on January 20, 2022.