Explanation

FATF (Financial Action Task Force):

• Headquarters: Paris, France
• Purpose: To combat money laundering and terrorism financing
• Official Languages: English & French
• Full Member Countries: 37
• Full Member Organizations: 2
• Total Members: 39

Last verified on 10-03-2026

Explanation

World Bank

• Established: Bretton Woods Conference, 1944
• Headquarters: Washington, D.C., USA
• Members: 189 countries
• Purpose / Aim: Provide loans and grants for development projects

Partner Institutions (5):

1. IBRO (International Bank for Reconstruction and Development)
2. IDA (International Development Association)
3. IFC (International Finance Corporation)
4. MIGA (Multilateral Investment Guarantee Agency)
5. ICSID (International Centre for Settlement of Investment Disputes)

Pakistan Joined: 1950

Publications: Human Capital Index, World Development Report

Last verified on 18-01-2026

Explanation

In March 2026, the European Union reached a landmark political agreement to set a legally binding target of reducing net greenhouse gas emissions by 90% by 2040.

Additional Information:

The European Union (EU) is a unique political and economic union of 27 European countries.

***

Explanation

In March 2026, the European Union reached a landmark political agreement to set a legally binding target of reducing net greenhouse gas emissions by 90% by 2040.

Additional Information:

The European Union (EU) is a unique political and economic union of 27 European countries.

***

Explanation

• The Olympic Games are held every four years
• The four years between games is known as an Olympiad.
• Summer Games are celebrated during the first year of an Olympiad. 
• And the Winter Games are held in the third year.

NOTE
Since 1994, the Winter Games have been held in even years between the Summer Games (e.g., 2024 Paris, 2026 Milano Cortina, 2028 Los Angeles).