Explanation

• CBR stands for Central Board of Revenue.
• It was created on April 1, 1924, through the Central Board of Revenue Act, 1924.
• In 2007, the CBR was renamed the Federal Board of Revenue (FBR) under the FBR Act.
• The FBR is responsible for tax administration and revenue collection in Pakistan.

Additional information:

• 1944 — A full-fledged Revenue Division was created under the Ministry of Finance.
• 1974 — Organizational and functional changes were made.
• 1995 — Revenue Division was abolished and CBR became a division of the Ministry of Finance.

Last verified on 01-09-2026

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Who is the current Federal Minister for Investment Board__________?

Who is the current chairman of FBR?

Explanation

• Full Form: Economic Cooperation Organization
• Founded: 1985
• Founding members: Pakistan, Iran, Türkiye
• Total members: 10 countries
• Headquarters: Tehran, Iran

Additional information:

• ECO succeeded Regional Cooperation for Development (RCD), which was established in 1964.

Last verified on 01-09-2026

Explanation

• MPA stands for Member of Provincial Assembly.
• An MPA is an elected representative in a provincial legislative assembly.
• MPAs participate in making provincial laws and overseeing the provincial government.

Additional information:

• MNA = Member of National Assembly.

Last verified on 01-09-2026

Explanation

• NATO is a military alliance.
• NATO stands for North Atlantic Treaty Organization.
• Founded: 4 April 1949 (Washington, USA).
• Headquarters: Brussels, Belgium
• Official Languages: English & French.
• Founding Members: 12

Total Members: 32

• European: 30
• North American: 2

Latest Member: Sweden (joined 7 March 2024)

• Muslim Member Country: Türkiye
• Pakistan: Not a NATO member

List of NATO member countries:

1. Albania
2. Belgium
3. Bulgaria
4. Canada
5. Croatia
6. Czechia
7. Denmark
8. Estonia
9. France
10. Germany
11. Greece
12. Hungary
13. Iceland
14. Italy
15. Latvia
16. Lithuania
17. Luxembourg
18. Montenegro
19. Netherlands
20. North Macedonia
21. Norway
22. Poland
23. Portugal
24. Romania
25. Slovakia
26. Slovenia
27. Spain
28. Turkiye
29. United Kingdom
30. United States
31. Finland
32. Sweden

Last verified on 17-03-2026

Explanation

• Muhammad Shoaib served as the Finance Minister of Pakistan during President Ayub Khan’s era.
• He played a key role in Pakistan’s economic policies and reforms during the 1960s.
• Ayub Khan’s presidency lasted from 1958 to 1969.
• His tenure was associated with a period of rapid economic growth and industrial development.

Last verified on 01-09-2026

Explanation

• The Cabinet Mission Plan (1946) proposed a federal union with grouped provinces to keep India united while giving autonomy.
• It was announced on 16 May 1946 in New Delhi to transfer power from British rule.
• Arrival in India: 24 March 1946
• Head: Lord Pethick-Lawrence
• Members: Stafford Cripps, A.V. Alexander

Last verified on 09-06-2026

Explanation

• The 21st G20 Summit will be held in Miami, Florida, USA.
• It will be held on 14–15 December 2026.

Additional Information:

• 2025: Johannesburg, South Africa — 22–23 November 2025.
• 2024: Rio de Janeiro, Brazil — 18–19 November 2024.
• 2023: New Delhi, India — 9–10 September 2023
• 2027: United Kingdom — the UK will host the G20.
• 2028: Republic of Korea (South Korea) — Korea will host the G20.
• 2029: Saudi Arabia is next in the announced future cycle.

Last verified on 12-08-2026

Explanation

• Mohamed ElBaradei of Egypt received the Nobel Peace Prize in 2005.
• Along with the International Atomic Energy Agency (IAEA)
• "for their efforts to prevent nuclear energy from being used for military purposes and to ensure that nuclear energy for peaceful purposes is used in the safest possible way"

Additional information

• He was an Egyptian diplomat and scholar.
• He served as the Director General of the IAEA from 1997 to 2009.
• Born: 17 June 1942 Cairo, Egypt
• Party: Constitution Party

Last updated question by NA on 07 May 2026

Explanation

Euro Currency

• Launch Date (Electronic/Accounting): 1 January 1999
• Coins & Banknotes Introduced: 1 January 2002
• Reserve Currency Rank: 2nd largest in the world
• Trade Rank: 2nd most traded currency globally
• Number of EU Member States Using Euro: 20

Countries Using Euro (20):

1. Austria
2. Belgium
3. Cyprus
4. Estonia
5. Finland
6. France
7. Germany
8. Greece
9. Ireland
10. Italy
11. Latvia
12. Lithuania
13. Luxembourg
14. Malta
15. Netherlands
16. Portugal
17. Slovakia
18. Slovenia
19. Spain
20. Croatia

Last verified on 18-01-2026

Explanation

• Hafizabad is known as the “City of Rice” in Pakistan.
• It is a major center of rice cultivation, production, and trade.
• The district is particularly famous for high-quality Basmati rice.
• Hafizabad also has a major rice market.

Last verified on 01-09-2026