ECO | MCQs

Explanation

Egypt Currency is Egyptian Pound.

Egypt Capital is Cairo.

Egypt official language is Arabic.

Egypt located is in Continent Africa/ Asia.

Egypt Primary Religion is Islam.

Egypt Head of Govt. is Prime Minister – Moustafa Madbouly.

Egypt Parliament called People’s Assembly.

Tricks for Remember

POUND

S-E-S-U

Mind Trick : Sheshu(a name) plays in the Pond.

**S-E-S-U**

S - South Sudan

E - Egypt

S - Syria

U - UK

Explanation

BRICS is an association of five major emerging economies:

• Brazil, Russia, India, China, and South Africa.

These countries come together to discuss cooperation in economic, political, and cultural matters.

The 10th summit took place in Johannesburg in July 2018.

Explanation

The rial was replaced by a new official currency, the toman, between 2020 and 2022.

**

The Iranian Rial is the official legal currency of the Islamic Republic of Iran.

Because of its extremely low value, the Iranian rial is not commonly traded in the foreign exchange market.

Its forex symbol is IRR.

Explanation

BRI stands for Belt and Road Initiative.

It was launched in 2013.

It is a global development strategy by China focusing on infrastructure and investments in around 70 countries.

The initiative aims to boost regional connectivity and foster economic growth.

Explanation

Liaquat Ali Khan Presented Poor Men’s Budget in 1946.

Following were some of the main features of the Poor Man’s Budget:

Salt Tax was completely abolished for the first time.

The minimum exemption limit for income tax was raised from Rs. 2000/- to Rs. 2500/-

Special income tax of 25% was introduced on businessmen whose annual profit was more than Rs. 100000/-

A graduated tax was introduced on the capital gains exceeding Rs. 5000/-

A commission was proposed to look into the accounts of those who accumulated wealth during the Second World War and to introduce heavy taxes on them.

Explanation

Explanation

Explanation

 Ilm-Al-Iqtisad book was published in 1903.

Explanation

Hala is a city and taluka of Matiari district of Sindh.

Hala was given the status of Taluka of Hyderabad District in 1848.

In 2005, it became part of Matiari District.

Hala is located on the N-5 National Highway of Pakistan

Hala is famous throughout the subcontinent for:

art,

glazed colored pottery (Kaashi),

woodwork (Jandi),

cloth printing,

woven cloth (Sussi)

and khaddar made of handmade khaddi.

ND17-7-2023

Explanation

• The rupee is the currency of Pakistan
• ***
• The first currency note issued by the State Bank of Pakistan was in the denomination of Rs 2
• Brandley designed the first coin of Pakistan in 1948.
• Pakistan’s first coin was issued on 3rd January 1948
• The government of Pakistan issues currency on the basis of the Availability of gold in the country
• ***
• "enge" is the currency of which country Kazakhstan
• Ringgit is the currency of Malaysia.
• New Zealand Dollar is the currency of New Zealand.
• US dollar is the currency of the USA.
• Bhat is the currency of Thailand
• won is the Currency of South Korea 
• Hryvnia is the Currency of Ukraine
• The dollar is the currency of the United States of America.
• Euro is the currency of Austria and Cyprus
• Kyat is the currency of which country Myanmar