Foreign Economic Aid :- Foreign economic aid is the flow of resources and technical assistance from a developed countr…
The powers and functions of the central bank differ from country to country however following are the important funct…
Today planning is considered essential for economic development. But in various countries these have not been implemen…
The meaning of economic planning differ from country to country and person to person. Keeping in view the various defin…
Imperfection of Market :- In a free enterprise economy demand and supply forces determine the prices of various goods …
PAKISTAN RAILWAYS :- Pakistan railway is an important source of transport in the country. In the world war second rail…
Importance of Transport and Communication :- Rail, road, air and ships are including the transport sources. While post…
In 1971, Pakistani rupee was linked with the US Dollar. In 1982 it was from delinked from US Dollar. Now the value of o…
MEASURES TO CORRECT THE BALANCE OF PAYMENT 1. Proper Utilization of Resources :- The less developed countries like P…
Balance of Trade :- Balance of trade is the difference between the various exports and imports of visible goods of a c…
Major Exports of Pakistan :- Following are the important exports of Pakistan : 1. Cotton :- It is the most importan…
Any government can take advantages by their cottage and small scale industries if they take some important steps for t…
No doubt small scale industry has great importance in economy but unfortunately this sector was neglect in the past. F…
Cottage Industry :- It means the industry is run in the home usually with the help of family members. Simple implemen…
The government of Pakistan has decided to adopt the policy of privatization which has produced some encouraging result…
1. Industrial Development Bank Of Pakistan :- it was set up in 1961. Its paid up capital was Rs. 1,570,000. It is an i…
PAKISTAN INDUSTRIAL DEVELOPMENT CORPORATION (PIDC) :- It was set up in 1950. In 1952 it started its work. It had compl…