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

Adam Smith, an 18th-century Scottish philosopher.

He is considered the father of modern economics.

He is most famous for his work, "The Wealth of Nations".

It published on 9 March 1776.

During the Scottish Enlightenment and the Scottish Agricultural Revolution.

Last Updated on 13-01-2026

Explanation

It is the line between Pakistan along Sialkot and Indian-held Kashmir.

It is called a working boundary because:

• on one side is internationally recognized land (Sialkot)
• on the other is a disputed territory. 

Explanation

Ctrl + Z = Undo 

Ctrl + P = Print

Ctrl + Y = Redo

Ctrl + S = Save

Ctrl + C in MS Word is used for the Copy command

Ctrl + V  used for = Past

Ctrl + C  used for = Copy

Ctrl + X  used for = Cut

Ctrl + Y   used for  = Redo

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vu FIA CBT PAPER 15-12-2021ND30-12-2022

Explanation

Explanation

• Battle of Yarmouk: Fought between the Byzantine Empire and Muslim forces under Khalid bin Waleed.
• Dates: August 15 to August 20, 636 AD.
• Location: Near the Yarmouk River.
• Caliphate: During the reign of Hazrat Umar (RA).
• Result: Decisive victory for the Muslims, marking the end of Byzantine rule in Syria.

Explanation

International Day of Persons with Disabilities (December 3)

It is an international observance promoted by the United Nations since 1992

The observance of the Day aims to promote the rights and well-being of persons with disabilities. 

 It was originally called "International Day of Disabled Persons" until 2007

Explanation

The BOP consists of three main accounts:

• the current account
• the capital account
• the financial account

Explanation

The weights used in a quantity index are priced.

Prices are used as weights because they reflect the relative importance of items, consumer spending patterns, and market dynamics.

Explanation

A symmetrical distribution occurs when the values of variables appear at regular frequencies and often the mean, median, and mode all occur at the same point.