Explanation

• Before 2016, Pakistan had three stock exchanges.
• They were located in Karachi, Lahore, and Islamabad.
• These exchanges were later integrated into a single national exchange.
• The Pakistan Stock Exchange (PSX) commenced operations in January 2016.

Last verified on 04-09-2026

Explanation

• Pakistan played Sri Lanka in the 2009 ICC World Twenty20 final.
• The final was held on 21 June 2009 at Lord’s, London.
• Pakistan defeated Sri Lanka by 8 wickets.
• Shahid Afridi was named Player of the Match.

Last verified on 03-09-2026

Explanation

• The Line of Control (LoC) was established in 1949 after the Karachi Agreement.
• It was following the first Indo-Pak war over Kashmir.
• It was originally called the Ceasefire Line and renamed the LoC in the 1972 Simla Agreement.
• The LoC is approximately 740 km long.

Last verified on 03-09-2026

Explanation

• Date Signed: 10 January 1966
• Place: Tashkent, Soviet Union (now Uzbekistan)
•  It was a peace treaty between India and Pakistan following the 1965 war

Signatories:

• Ayub Khan – President of Pakistan
• Lal Bahadur Shastri – Prime Minister of India
• Alexei Kosygin – Premier of USSR (mediator)

Last verified on 16-01-2026

Explanation

• After the Martial Law of 1958, General Muhammad Ayub Khan introduced the Basic Democracy System in 1959.
• It created a local government structure and an indirect electoral system in Pakistan.

Additional information:

• Total Basic Democrats: 80,000
• East Pakistan: 40,000
• West Pakistan: 40,000
• These 80,000 members formed the Electoral College to elect the President and Assemblies.

Last verified on 07-03-2026