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Global Economic Growth and Commodity Super-Cycle
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Global Economic Growth and Commodity Super-Cycle

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Questions and Answers

What was the growth percentage of Furniture Products during Jul-Mar FY2023?

  • 31.68%
  • 48.26% (correct)
  • 34.82%
  • 2.47%
  • What was the growth percentage of Large Scale Manufacturing during Jul-Mar FY2023?

  • 48.26%
  • 10.6%
  • 34.82%
  • -8.11% (correct)
  • What was the growth rate of the Mining and Quarrying sector during FY2023?

  • 4.4%
  • 10.6%
  • 7.0%
  • -4.4% (correct)
  • What was the growth percentage of Leather Products during Jul-Mar FY2023?

    <p>2.47%</p> Signup and view all the answers

    Which two countries are experiencing high inflation?

    <p>United States and United Kingdom</p> Signup and view all the answers

    What was the growth percentage of Wearing Apparels during Jul-Mar FY2023?

    <p>31.68%</p> Signup and view all the answers

    What is the current state of inflation in the United States and the United Kingdom?

    <p>It is at its worst in decades</p> Signup and view all the answers

    What is increasing in the international market?

    <p>Prices</p> Signup and view all the answers

    What is the general trend in the economy?

    <p>The general price level is still increasing</p> Signup and view all the answers

    What is the relationship between the trajectory of food and fuel and the economy?

    <p>They are directly related</p> Signup and view all the answers

    What was the consequence of the Russia-Ukraine war on the global demand-supply balance?

    <p>A severe disruption leading to a commodity super-cycle</p> Signup and view all the answers

    What was the global economic growth rate in 2021?

    <p>6.2 percent</p> Signup and view all the answers

    What was the impact of the commodity super-cycle on the global economy?

    <p>A slow down of global economic growth</p> Signup and view all the answers

    What was the current year's global economic growth rate?

    <p>2.8 percent</p> Signup and view all the answers

    What was the cause of the slow down of global economic growth to 2.8 percent in the current year?

    <p>The Russia-Ukraine war</p> Signup and view all the answers

    What was the domestic debt of Pakistan at the end of March 2023?

    <p>Rs. 35,076 billion</p> Signup and view all the answers

    What was the external public debt of Pakistan in terms of US dollars at the end of March 2023?

    <p>US$ 85.2 billion</p> Signup and view all the answers

    What was the ratio of domestic debt to external public debt in Pakistan at the end of March 2023?

    <p>1.45:1</p> Signup and view all the answers

    What was the total public debt of Pakistan at the end of March 2023?

    <p>Rs. 59,247 billion</p> Signup and view all the answers

    What was the percentage of external public debt in terms of total public debt at the end of March 2023?

    <p>41%</p> Signup and view all the answers

    What is the purpose of formulating a Multi-sectoral National Nutrition Policy?

    <p>To reduce the level of malnutrition and mainstream nutrition in national development plans</p> Signup and view all the answers

    Who is supporting the formulation of the Multi-sectoral National Nutrition Policy?

    <p>Nutrition partners</p> Signup and view all the answers

    What is the expected outcome of the Multi-sectoral National Nutrition Policy?

    <p>Reduction in malnutrition and mainstreaming of nutrition</p> Signup and view all the answers

    What is the focus of the Multi-sectoral National Nutrition Policy?

    <p>Multi-sectoral nutrition planning and programming</p> Signup and view all the answers

    Why is the Multi-sectoral National Nutrition Policy important?

    <p>To reduce malnutrition and improve national development</p> Signup and view all the answers

    Study Notes

    Economic Growth

    • Global economic growth slowed down to 2.8% in 2023, compared to 6.2% in 2021, due to the Russia-Ukraine war's disruption of the global demand-supply balance.

    Large Scale Manufacturing

    • Furniture Products recorded the highest growth of 48.26% during Jul-Mar FY2023.
    • Wearing Apparels grew by 31.68% during the same period.
    • Footballs saw a growth of 34.82% during Jul-Mar FY2023.
    • Leather Products grew by 2.47% during the same period.

    Mining and Quarrying Sector

    • The sector experienced a negative growth of 4.4% during FY2023, compared to a dip of 7.0% last year.

    Inflation

    • The United States and United Kingdom experienced their worst inflation in decades, leading to higher food and fuel prices in the international market.

    National Debt

    • Domestic debt stood at Rs.35,076 billion at the end of March 2023.
    • External public debt stood at Rs.24,171 billion or US$ 85.2 billion at the end of March 2023.

    Nutrition Security

    • A Multi-sectoral National Nutrition Policy (MS-NNP) has been initiated to ensure nutrition security and reduce malnutrition.
    • The policy aims to mainstream nutrition in national socio-economic development plans.

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    Description

    This quiz assesses your understanding of the impact of the Russia-Ukraine war on the global economy, including the disruption of the demand-supply balance and its effects on economic growth.

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