Explanation

• In B2B model services like online banking, travel and health information 
  
• B2B ecommerce is one of the fastest-growing sales models. 
• B2B ecommerce, or business-to-business electronic commerce, is the sale of goods or services through online transactions between businesses.
• Manufacturing materials, clothing and semiconductors are B2B examples.

Explanation

A free trade agreement reduces barriers to imports and exports between countries by eliminating all or most tariffs, quotas, subsidies, and prohibitions.

Explanation

Taxes law budget is presented by Finance Minister 

A budget is a calculation plan, usually but not always financial

Sale budget taxes an estimate of future sales, often broken down into both units 

Revenue budget taxes consists of revenue receipts of government and the expenditure met from these revenues

SH16-8-2023

Explanation

The International Monetary Fund has proposed a $50 billion global vaccination plan for the world,

which aims to vaccinate at least 40% of the global population by the end of the year 2021.

The proposal for $50 billion is expected to be in the form of grants, Governmental resources, and concessional financing.

Explanation

ADB abbreviation Asian Development Bank

ADB obtains its funding by issuing bonds on the world's capital markets.

It also relies on the contributions of member countries, retained earnings from lending operations, and the repayment of loans.

(ADB) is a regional development bank established on 19 December 1966

headquartered located in the city of Mandaluyong, Metro Manila, Philippines.

The bank also maintains 31 field offices around the world

ND20-6-2023

Explanation

Top Importer of Pakistan fiscal year (2020-21)

1.           China

2.           United Arab Emirates (UAE)

3.           Singapore. 

Petroleum is the largest-import item of Pakistan

Explanation

Qatar consistently ranks as the Muslim country with the highest per capita income, driven by its vast natural gas reserves and small population

Qatar: Around $121,610 - $131,400 (PPP).

United Arab Emirates (UAE): Around $89,560 (PPP).

Kuwait: Around $54,830 (PPP). 

Explanation

The excess of an expenditure flow over the income flow is term as Deficit.

آمدنی کے بہاؤ پر اخراجات کے بہاؤ کی زیادتی کو خسارہ کہا جاتا ہے۔

Explanation

1. USA: $ 20.5 Trillion
2. China: $ 3.6 Trillion
3. Japan: $ 4.9 Trillion
4. Germany $ 3.9 trillion
5. India: $ 2.94 Trillion

Explanation

Top 5 countries of world having longest network of Oil and Gas pipelines:

1. USA

2. Russia

3. Canada

4. China

5. Australia