Explanation

Silicon Valley Bank (SVB) collapsed suddenly in early March 2023, following a rapid bank run and massive deposit withdrawals—about 81% of its deposits, totaling $142 billion, were withdrawn in just two days.

It was the largest bank failure since the 2008 financial crisis, provoking widespread fears of contagion across the banking sector.

Explanation

The main goal of the SNC is to eliminate educational disparity by having one uniform curriculum for all schools (public, private, and madaris).

It aims to ensure equal learning opportunities and national integration across provinces.

Explanation

In 2023, Pakistan entered into a long‑term commercial agreement with Russia to import crude oil at a discounted rate (approximately $60/barrel, around $10 under market price).

The first agreed cargo of ~100,000 metric tonnes began arriving in late 2023, with Pakistani refineries.

Such as Cnergyico and Pakistan Refinery Limited—receiving the shipment and refining the oil locally.

Explanation

In May 2023, ‘Recep Tayyip Erdogan’ has been re-elected as president of Turkiye.

Erdogan won election by defeating Kemal Kılıçdaroglu.

Explanation

Marked price = Rs 20,000

GST = 12% of 20,000

= 0.12 × 20,000

= Rs 2,400

Total amount = Marked price + GST

= 20,000 + 2,400

= Rs 22,400

Explanation

Population in 2020 = 50,000

Growth rate = 8%

Increase = 8% of 50,000

= 0.08 × 50,000

= 4,000

Population in 2021 = 50,000 + 4,000

= 54,000

Explanation

Original score = 72

Improvement = 15% of 72

= 0.15 × 72

= 10.8

New score = Original score + Improvement

= 72 + 10.8

= 82.8

Explanation

Original price = Rs 800

Discount = 25% of 800

= 0.25 × 800

= Rs 200

Final price = Original price - Discount

= 800 - 200

= Rs 600

Explanation

To express 2.08 as a percentage:

2.08 × 100 = 208%

Explanation

Given that log10 2, log10(2x - 1), and log10(2x + 3) are in AP:

2 * log10(2x - 1) = log10 2 + log10(2x + 3)

log10(2x - 1)^2 = log10(2 * (2x + 3))

(2x - 1)^2 = 2 * (2x + 3)

4x^2 - 4x + 1 = 4x + 6

4x^2 - 8x - 5 = 0

(2x + 1)(2x - 5) = 0

2x = 5 or 2x = -1 ( rejected since 2x > 0 for log(2x-1) and log(2x+3) to be defined)

2x = 5

x = log2 5