Explanation

E-commerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet.

Explanation

The press is referred to as "The Fourth Estate".

Due to its role in influencing public opinion and holding other branches of government accountable.

This role complements the functions of the judiciary, executive, and legislature, which are considered the three main estates of government.

Explanation

In 2018, the United States imposed $60 billion in tariffs on China under President Donald Trump, citing unfair trade practices and intellectual property theft.

This move was a key part of the US-China trade war, aimed at reducing the trade deficit and pressuring China to change its economic policies.

Explanation

Pakistan's largest exports go to the United States.

the most common destinations for exports in Pakistan are the:

United States ($5.51B)

China ($3.25B)

Germany ($2.53B)

United Kingdom ($2.21B)

United Arab Emirates ($1.28B)

Explanation

NIKKEI is the Share Price Index of the Tokyo Share Market.

It is also known as Nikkei 225, the Nikkei index.

Nihon Keizai Shinbun newspaper calculating the NIKKEI Index since 1950.

Explanation

• In B2B model services like online banking, travel and health information 
  
• B2B ecommerce is one of the fastest-growing sales models. 
• B2B ecommerce, or business-to-business electronic commerce, is the sale of goods or services through online transactions between businesses.
• Manufacturing materials, clothing and semiconductors are B2B examples.

Explanation

The State Bank of Pakistan (SBP) is responsible for the formulation of monetary policy in Pakistan.

It manages the country's monetary policy to ensure economic stability and control inflation.

Explanation

On January 25, 2024, Microsoft reached a $3 trillion market capitalization for the first time.

It became the second company ever to achieve this milestone after Apple in 2022.

Microsoft briefly surpassed the mark during intraday trading, joining the $3 trillion club.

Explanation

China is the world's largest producer of rice, making up 30% of global rice production

while

India is the second largest producer of Rice in the world. 

ND27-7-2023

Explanation

The Trade Development Authority of Pakistan (TDAP) is responsible for promoting exports from Pakistan.

It facilitates exporters, provides market research, and organizes trade fairs to enhance the country's trade potential.