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

According to the Economic Survey 2023-24, Pakistan's per capita income increased to $1,680, up from $1,551 the previous year. 

This 8.3% rise was attributed to improved economic activity and a stable exchange rate.

Explanation

Explanation

As of June 2024, Pakistan’s total public and guaranteed debt reached approximately Rs. 74.013 trillion.

This figure represents a significant rise, mainly due to currency devaluation and fiscal deficits.

Explanation

 Punjab has established 10 Special Economic Zones. 

The 10 SEZs in Punjab include

1. JW China-Pakistan SEZ,
2. Allama Iqbal Industrial City,
3. Rahim Yar Khan Industrial Estate,
4. Bhalwal Industrial Estate,
5. Vehari Industrial Estate,
6. Rachna Industrial Park
7. M3 Industrial City
8. Value Addition City
9. RYK Industrial Estate
10. Quaid-e-Azam Business Park

Explanation

 At the time of the 1947 partition, Pakistan inherited a very small portion of the cotton industries in the subcontinent.

Specifically, it inherited only 16 out of the 921 industrial units that existed, and these mainly focused on cotton textiles.

Explanation

In Pakistan, agriculture tax is applicable on holdings exceeding 12.5 acres of land.

Explanation

Pakistan is the fifth-largest producer of cotton globally, following China, India, Brazil, and the United States. 

In the 2024/2025 period, Pakistan's cotton production is projected at 5 million 480-pound bales, accounting for approximately 4% of global production. 

Explanation

Exports generate revenue for a country by selling goods and services to other nations.

They contribute to economic growth, trade balance, and foreign exchange reserves.

Explanation