ECO | MCQs

Explanation

Pakistan Steel Mill in Karachi was founded on July 2, 1973.

PM Zulfikar Ali Bhutto laid the foundation stone of Pakistan Steel Mills on December 30, 1973, with the support of the Soviet Union (Russia).

An agreement for techno-financial assistance was made between Pakistan and the Soviet Union in 1971.

It is the country's largest industrial undertaking.

It has a production capacity of 1.1 million tons of steel.

It expandable up to 3.0 million tons per annum.

Explanation

Pakistan’s first coin was issued on 3rd January 1948

The First Postal Stamp of Pakistan was issued on 9th July 1948.

Pakistan’s first currency note was issued on March 1, 1949.

ND26-4-2023

Explanation

The World Bank was established in 1944 to help rebuild Europe and Japan after World War II.

Its official name was the International Bank for Reconstruction and Devegelopment (IBRD).

World Bank:

World Bank established: July 1944

World Bank was established during: the Bretton Woods Conference

World Bank Members: 189

World Bank's aim: to provide loans and grants for various projects

World Bank headquarters: Washington, USA

Explanation

The China-Pakistan Economic Corridor (CPEC) is a series of energy and infrastructure projects, some of which connect China’s Xinjiang to Gwadar.

Initiated in mid-2013 and formally launched in April 2015.

CPEC is generally described as a $46 billion package of Chinese aid.

Explanation

Ukraine Capital is Kiev.

Ukraine Currency is Hryvnia.

Ukraine official language is Ukrainian; Russian.

Ukraine located is in Continent Europe.

Ukraine Primary Religion is Eastern Orthodoxy.

Ukraine Head of Govt. is Prime Minister – Denys Shmyhal.

Ukraine Parliament called .

Tricks for Remember

RK13-12-2022

Explanation

zzKnow everything about BRICS: 

BRICS founded: June 2009

BRICS 12 Member countries: 

1. Brazil
2. Russia
3. India
4. China
5. South
6. Africa
7. Egypt
8. Ethiopia
9. Iran
10. Saudi
11. Arabia
12. 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

The main three sectors of economy of Pakistan are agricultural, industrial and services sectors.

Textile is the largest export industry in Pakistan

Agriculture is the largest sector of economy of Pakistan. 

Explanation

Adam Smith was an 18th-century Scottish philosopher.

He is considered the father of modern economics.

Smith is most famous for his 1776 book, "The Wealth of Nations."

Smith's writings were studied by 20th-century philosophers, writers, and economists.

Explanation

China Capital is Beijing.

China Currency is Chinese Yuan.

China official language is Mandarin.

China located is in Continent Asia.

China Primary Religion is N/A.

China Head of Govt. is President - Xi Jinping.

China Parliament called National People’s Assembly.

Tricks for Remember

RK23-11-2022