Explanation

Pakistan's national income increased by 37 % against the stipulated target of 24% in 3rd five-year plan.

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The national income of a country can be measured by three alternative methods:

(i) Product Method

(ii) Income Method, 

(iii) Expenditure Method.

Explanation

• the largest percentage of Pakistan is employed by the Agriculture sectors
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• Agriculture constitutes the largest sector of our economy.
• The majority of the population, directly or indirectly, is dependent on this sector.
• It contributes about 24 percent of Gross Domestic Product (GDP)
• and accounts for half of the employed labor force and is the largest source of foreign exchange earnings.
  

Explanation

according to the particular formula, Pakistan was entitled to receive 1 billion but the Indian government agreed to pay only  0.75 billion at the time of independence.

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Explanation

• The Ministry of foreign affairs of Pakistan plays an important role in making the Foreign policy
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• Hina Rabbani Khar is the current Minister of State for Foreign Affairs
• Asim Iftikhar became Foreign Office spokesperson: 2021. Asim Iftikhar  is the current Spokesperson for the Ministry of Foreign Affairs of Pakistan
• Asim Iftikhar replaced Zahid Hafeez Chaudhri
• Tariq Fatemi appointed Special Assistant on foreign affairs to PM on: April 20 2022
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Explanation

• the provincial GDP ratio for 2021-2022 in Pakistan is 5.57
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• The revised growth rate of GDP for the year 2020-21 is 5.74 percent which was provisionally estimated at 5.57 percent.
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• Agricultural GDP of Pakistan in 2019: 22.4%
• According to the Economic Survey of Pakistan 2021-22, only 1.77 % of GDP was spent on the education sector in FY2021.
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Explanation

•  Pakistan helps Srilanka with $ 50 million
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• PM Imran Khan offered a $50 million line of credit to Sri Lanka for defense purchases. During his visit to Sri Lanka in February 2021
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• Pakistan has extended a $50m line of credit for defense purchases to Sri Lanka
• Pakistan would provide Rs52 million for the promotion of sports in Sri Lanka, according to the communique
• Pakistan has decided to give Colombo a $200 million loan for the purchase of rice and cement,
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• Sri Lanka: located in South Asia
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• Capital: Colombo
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• Currency: Sri Lankan rupee

Explanation

Economic decisions are those decisions in which people have to choose what to do in a condition of scarcity.

Explanation

Most of the Dates produced in Pakistan are cultivated in Balochistan and Sindh provinces.

Major Dates producing areas in the country are:

• Turbat
• Panjgur
• Gwadar
• Khairpur
• and D.I. Khan.

ND12-2-2023

Explanation

• The Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, also known as the Trans-Afghanistan pipeline, is a natural gas pipe developed by  Galkynysh – TAPI Pipeline Company Limited with the participation of the Asian Development Bank.
  
• It is a line.  The pipeline transports natural gas from the Garkinish gas field in Turkmenistan via Afghanistan to Pakistan and then to India. 
• Construction of the project will begin in Turkmenistan on  December 13, 2015, 
• work on the Afghanistan section will begin in February 2018, and work on the Pakistan section will begin in December 2018.
  

Explanation

• Largest import category: Mineral fuels and oils.
• Value: Approximately $16.72 billion.

Additional information:

• Electrical & Electronic Equipment: ~$6.47 billion 
• Animal & Vegetable Fats: ~$4.37 billion 
• Machinery & Boilers: ~$4.28 billion
• Iron & Steel: ~$4.13 billion

Last updated: 27 OCT 2026