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Ans: Establishment of dry-ports: In 1973, the first dry-port of Pakistan was constructed in Lahore. After its success, the dry-ports in Karachi (1974), Quetta (1984), Peshawar (1986), Multan (1988) and Rawalpindi (1990) were established. Related Questions: Who was appointed as the first civil martial law administrator of Pakistan? Q20. What is the importance of dairy … Read more
Ans: Exports: Export means to earn foreign exchange after selling goods to other countries. Imports: Import means to fulfill our needs by purchasing goods from other countries. Related Questions: Who was appointed as the first civil martial law administrator of Pakistan? Q19. Explain the uses and importance of animals like sheep and goats in Pakistan. … Read more
Ans: Gypsum: In the preparation of phosphate fertilizer, gypsum is used as a raw material It is also used in cement industry, paper manufacturing, plaster of Paris sulphuric acid, paint and polish industry and also in rubber industry. In Pakistan gypsum is found in Khewra, Dandot, Daud Khel, Quaidabad, Rohri Kohat, Dera Ghazi Khan, Loralai, … Read more
Ans: Small Industry: In the industrial sector of Pakistan, a large number of people are associated with small industries. Small industry means that industry which employs 2 to 9 workers and manufactures different items. Related Questions: Who was appointed as the first civil martial law administrator of Pakistan? Q20. What is the importance of dairy … Read more
Ans: The Mineral Development Corporation was established for the purposes of development of mineral resources in Pakistan in 1974. Related Questions: Who was appointed as the first civil martial law administrator of Pakistan? Q19. Explain the uses and importance of animals like sheep and goats in Pakistan. Q20. What is the importance of dairy farming … Read more
Ans: Economic Progress/Economic Development: According to Professor Arthur Lewis The increase in the production of goods and services is … Read more
Ans: Difference between balance of trade and balance of payment: basis for comparison balance of trade balance of payment Meaning Balance of trade is a statement that capature the country export and import of goods with the remaining world Balance of Payment is a statement that keep track of all economic transaction done by the … Read more
Ans: Heavy Industries: Heavy industry is an industry that involves one or more characteristics such as numerous or heavy products, large and heavy equipment, huge buildings and large-scale infrastructure, complex or numerous processes. Due to these factors heavy industry consumes energy on large scale and depends more on machines than on human labour. Following are … Read more
Ans: Role of Industry in Economic Developments Pakistan, basically, is an agrarian economy, Experts believe that we can build a strong base for industry only by strengthening our agriculture sede, maller of the fact is that industrial development is in no way less importan then the development of agriculture sector, following are the reasons: Modem … Read more
Ans: Fisheries Industry: . Fishing and fish farming: Fishing and Fish farming industries are good source of foreign exchange earnings. These industries Provide employment to hundreds of thousands of labourers, and produce delicious and nourishing food.. A Fisheries Development Commissioner (FDC) oversees the matters relating to fishing and fish farming. This office is a subsidiary … Read more