Explanation

• The total number of Surah in the Holy Quran is 114.

Additional information:

• The number of Makki Surah is 86 and Madni is 28.
• The first complete Madani surah of the Quran is Al-Baqarah.
• There are 11 Sajdah are there in Makkah Surah.
• There are only 03 Sajdah are there in Medinan Surah.

Last verified on 01-04-2026

Explanation

• Pakistan joined the United Nations on September 30, 1947.

Additional information:

• The name was coined by US President Franklin D. Roosevelt.
• Headquarters is located in New York, United States.
• Founded on October 24, 1945.
• It currently has 193 member states and 2 observer states.
• The official languages of the UN are Arabic, Chinese, English, French, Russian, and Spanish.

1. 1952-1953
2. 1968-1969
3. 1976-1977
4. 1983-1984
5. 1993-1994
6. 2003-2004
7. 2012-2013
8. 2025-2026

Last verified on 09-03-2026

Explanation

• The main purpose of an independent audit is to help detect frauds and errors by examining financial records and expressing an independent opinion.
• An audit enhances the reliability and credibility of financial statements.
• Detecting every fraud is not the primary objective, but auditors help identify material misstatements caused by fraud or error.

Last verified on 21-07-2026

Explanation

• Current assets include cash or assets expected to be converted into cash within one year.
• Examples include cash, inventory, and accounts receivable.

Last verified on 21-07-2026

Explanation

• WACC stands for Weighted Average Cost of Capital.
• It is the average rate of return a company must pay to finance its assets through debt, equity, and other capital sources.
• WACC is widely used in financial management, investment decisions, business valuation, and capital budgeting.

Additional information:

• NPV: Net Present Value
• IRR: Internal Rate of Return
• EPS: Earnings Per Share
• ROI: Return on Investment

Last verified on 21-07-2026

Explanation

• Full Form: Public Procurement Regulatory Authority
• Purpose: Regulation of government procurement
• Function: Ensures transparent tendering process
• Established under: Public Procurement Act
• Area: Pakistan government procurement system

Last verified on 10-06-2026

Explanation

• A Leap Year is an astronomical year with an extra day.

Additional information:

• Leap Year: 366 days (February has 29 days).
• Common Year: 365 days (February has 28 days).
• Solar Year: Approximately 365.2422 days (Earth's revolution around the Sun).
• Lunar Year: About 354 days (12 lunar months).
• Recent Leap Years: 2016, 2020, 2024, 2028, 2032.

Last verified on 21-07-2026

Explanation

• In the 20th century, normative ethics became more complex as it focused not only on rightness and wrongness but also on different kinds of moral values.
• Normative ethics studies the principles and values that guide moral behavior.
• It helps determine what people ought to do based on ethical values.

Last verified on 21-07-2026

Explanation

• Conventional morality deals with the level of customs and social norms and is a branch of Ethics.
• It refers to moral standards based on society's accepted rules and traditions.
• Individuals follow these norms to gain social approval and maintain order.

Last verified on 21-07-2026

Explanation

• It is the special business of ethics to test our intuitions for consistency and compare them critically with those of others.
• Ethics examines whether our moral judgments are logical, fair, and consistent.
• It helps improve moral reasoning through critical analysis.

Last verified on 21-07-2026