Explanation

The International Monetary Fund (IMF) was created in 1944 after the Bretton Woods Conference.

Additional information:

• Founded: 22 July 1944
• Headquarters: Washington, D.C., USA
• Members: 191 countries
• Purpose: Financial stability, economic growth, and balance of payments support
• First Managing Director: Camille Gutt

Last Verified on 13-01-2026

Explanation

• Signed On: 28 June 1919
• Parties Involved: Allied Powers vs Germany
• Purpose: To establish peace and codify terms after World War I
• Key Fact: Primary treaty from the Paris Peace Conference
• Region Affected: Europe

• Imposed war guilt on Germany (Article 231)
• Enforced reparations and military restrictions on Germany
• Laid foundations that later influenced World War II

Last Verified on 13-01-2026

Explanation

The Article 3 of the Sustainable Development Goals (SDGs) relates to Health.

It focuses on ensuring healthy lives and promoting well-being for all at all ages.

Here is a brief list of the 17 SDGs:

1. No Poverty
2. Zero Hunger
3. Good Health and Well-being
4. Quality Education
5. Gender Equality
6. Clean Water and Sanitation
7. Affordable and Clean Energy
8. Decent Work and Economic Growth
9. Industry, Innovation, and Infrastructure
10. Reduced Inequalities
11. Sustainable Cities and Communities
12. Responsible Consumption and Production
13. Climate Action
14. Life Below Water
15. Life on Land
16. Peace, Justice, and Strong Institutions
17. Partnerships for the Goals

Last Verified on 13-01-2026

Explanation

• The Watergate scandal was related to political spying in the United States.
• It involved the illegal break-in and surveillance of the Democratic Party headquarters.
• The scandal led to the resignation of President Richard Nixon in 1974.

Last Verified on 13-01-2026

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

• Quaid-e-Azam Muhammad Ali Jinnah resigned from the Imperial Legislative Council in 1919.
• His resignation was a protest against the Rowlatt Act.
• He termed the Act as “a black law” because it curtailed civil liberties.

Additional information:

• 1919 – Rowlatt Act passed
• 1919 – Jallianwala Bagh incident
• 1916 – Lucknow Pact
• 1928 – Simon Commission report

Last Updated on 13-01-2026

Explanation

• GSP Plus (Generalised Scheme of Preferences Plus) gives Pakistan duty-free access to the European Union market.
• Pakistan received GSP Plus status in 2014.
• The textile and garments sector gained the maximum export benefit.

Additional information:

• Over 70% of Pakistan’s exports to the EU are from the textile sector.
• GSP Plus requires compliance with 27 international conventions on human rights, labor laws, environment, and governance.

Last Updated on 13-01-2026

Explanation

Explanation

Dr. Ruth Pfau

• Date of Birth: 9 September 1929
• Date of Death: 10 August 2017
• Other Name: Mother Teresa of Pakistan (due to her work for leprosy patients)

Major Awards:

• Hilal-e-Imtiaz (Pakistan)
• Hilal-e-Pakistan
• Nishan-e-Quaid-i-Azam
• Staufer Medal (Germany)
• Dame of the Order of St. Gregory the Great (by Pope)

Last Updated on 13-01-2026

Explanation

• Mushtaq Ahmed Yusufi was a renowned Urdu humorist and writer.
• By profession, he was a banker, not a full-time writer.
• He was the President of Bank of Credit and Commerce International (BCCI).
• He is famous for works like “Aab-e-Gum” and “Zarguzasht”.

Last Updated on 13-01-2026