Explanation

The first ever meeting of defence ministers of Group of Seven (G7) held in Italy.

Italian Defence Minister Guido Crosetto hosted this meeting.

This meeting held in October 2024.

Additional Information:

G7, group of seven is an organization. 

Founded in 1975

G7 has Canada, France, Germany, Italy, Japan, UK & USA as its members. 

Explanation

On 17 September 2024, ICC introduced equal prize money for men and women in its global T20 World Cup tournaments, beginning with the 2024 ICC Women’s T20 World Cup.

ICC: International Cricket Council

The winners of Women’s T20 World Cup 2024 will be rewarded with $2.34 million, a 134% increase on the $1 million awarded to Australian women when they clinched the title in South Africa in 2023.

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Explanation

Turkiye introduced to a new law to remove millions of stray dogs from the country's roads.

The law was passed aimed at removing millions of stray dogs that animal welfare activists worry could lead to a mass culling.

The law was passed in the parliament of Turkiye in July 2024.

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Explanation

Pakistan's tallest person Zia Rasheed has passed away

Dying date: July 2 2024.

Dying age: 30 years

Death cause: prolonged illness

Belonging: Vehari, Punjab

Additional information:

Zia Rasheed was the second-tallest man in the world, with a height of eight feet and three inches.

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Explanation

Know about Federal Budget 2024-25

Total outlay: Rs18.877 trillion

FBR Tax revenue target: Rs13 trillion

GDP growth target: 3.6 percent

Defence: Rs. 2.122 trillion

Salaries of BPS-1 to BPS-16 employees increased: 25 percent

Salaries of BPS-17 & above: 22 percent

Trade deficit: $25.3 billion

Exports estimation: $32.7 billion

Civil administration expenditures: Rs839 billion

Pensions: Rs1.014 trillion

Electricity/gas subsidy: Rs1.363 trillion

Energy sector: Rs253 billion

Water resources: Rs206 billion

IT sector: Rs79 billion

Minimum wages in the private sector: Rs36,000 per month

Funds for Benazir Income Support Programme: Rs593 billion

Inflation expectation: 12%

Presented by: Muhammad Aurangzeb (Finance Minister)

Date: 12 June 2024

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Explanation

Know about Federal Budget 2024-25

Total outlay: Rs18.877 trillion

FBR Tax revenue target: Rs13 trillion

GDP growth target: 3.6 percent

Defence: Rs. 2.122 trillion

Salaries of BPS-1 to BPS-16 employees increased: 25 percent

Salaries of BPS-17 & above: 22 percent

Trade deficit: $25.3 billion

Exports estimation: $32.7 billion

Civil administration expenditures: Rs839 billion

Pensions: Rs1.014 trillion

Electricity/gas subsidy: Rs1.363 trillion

Energy sector: Rs253 billion

Water resources: Rs206 billion

IT sector: Rs79 billion

Minimum wages in the private sector: Rs36,000 per month

Funds for Benazir Income Support Programme: Rs593 billion

Inflation expectation: 12%

Presented by: Muhammad Aurangzeb (Finance Minister)

Date: 12 June 2024

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Explanation

International Conference on Nuclear Security 2024

Hosted by: International Atomic Energy Agency (IAEA)

Edition: Fourth

Starting date: 20 May 

Closing date: 24 May

Venue: Vienna, Austria

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Explanation

Summit for Democracy 2024

Edition: Third (first held in 2021)

Hosting country: South Korea 

Theme 2024: Democracy for Future Generations

Explanation

• Global Firepower Index 2024
• Total countries: 145
• Topper: USA
• Pakistan: 9th 
• Bottom: Bhutan 

Explanation

In January 2024, The IMF's board approved a roughly $700 million loan for Pakistan under a $3 billion bailout.

IMF: International Monetary Fund

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