Explanation

In 2023, the People’s Bank of China and the Central bank of Saudi Arabia inked a local currency swap deal

This agreement is valid for three years and subject to extension by mutual consent, involves a sum of 50 billion yuan ($6.93 billion) or 26 billion Saudi riyals. 

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Explanation

On the sidelines of 56th ASEAN Foreign Ministers Meeting in Jakarta, Saudi Arabia has officially become the 51st country to accede to the Treaty of Amity and Cooperation (TAC).

Explanation

NDB stands for New Development Bank

NDB established: 2014

NDB established: Brazil

NDB was established by: BRICS grouping

NDB Headquarters: Shanghai, China

Egypt joined NDB in March 2023

Explanation

On 31 March 2023, NATO officially banned staffers from downloading the social media app TikTok onto their NATO-provided devices, citing security concerns.

NATO stands for North Atlantic Treaty Organization.

NATO is a military alliance founded on 4 April 1949.

Explanation

On 31 March 2023, NATO officially banned staffers from downloading the social media app TikTok onto their NATO-provided devices, citing security concerns.

NATO stands for North Atlantic Treaty Organization.

NATO is a military alliance founded on 4 April 1949.

Explanation

Corruption Perception Index 2022 (released in January 2023)

Total countries: 180

Topper: Denmark

Bottom: Somalia

Pakistan: 140

Explanation

Virat Kohli received the ICC ODI Player of the Year 2023 award.

Virat Kohli is an Indian cricketer.

ICC: International Cricket Council

ODI: One Day International

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Explanation

On 20 July 2023, Pakistan's Hamza Khan reached the quarter-finals of the World Junior Squash Championship 2023.

Hamza Khan made it to the quarter-finals after defeating Colombia’s Santamaria in the pre-quarter-final.

• World Junior Squash Championship 2023

• Winner: Hamza Khan (Pakistan)

• Runner-Up: Mohamed Zakaria (Egypt)

• Venue: Melbourne, Australia

• Final held: 23 July 2023
• Note: This was Pakistan's first World Junior Squash title in nearly four decades as the last Pakistani player to lift this trophy was Jansher Khan, who won the title 37 years ago in 1986.
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Explanation

•  Bangladesh is the winner of Under-19 cricket Asia Cup 2023 title

• Edition: 10th

• Administrator: Asian Cricket Council (ACC)

• Venue: United Arab Emirates (UAE)

• Champion: Bangladesh (1st title)

• Bangladesh won by: 195 runs

• Runners-up: United Arab Emirates (UAE)

• Participating teams: 8

• Total Matches: 15
• Final date: 17 December 2023

Explanation

Prime Minister Shahbaz Sharif inaugurated the One School for All, Teleschool Pakistan – Mobile App

Objective: to provide online education to students

Education from Grade-1 to 12

Inauguration: 21 March 2023