According to the International Air Transport Association (IATA) Pakistan and Bangladesh collectively owe ________ out of a global total of $1.8 billion in blocked airline funds.
Correct answer: B. $731 million
- A. $700 million
- B. $731 million
- C. $800 million
- D. $631 million
Explanation
IATA reported that Pakistan and Bangladesh together accounted for $731 million of the $1.8 billion in blocked airline funds worldwide. These are revenues airlines earned but could not repatriate because of currency or government restrictions.
Last updated
About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
Practise Global Economy
448 free Global Economy MCQs from International Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask International Current Affairs questions like this
International Current Affairs is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.
Related questions
400 Meter long and 59 Meter wide Vessel Ever Given of Taiwan stranded across Egypt's Suez Canal after losing ability to steer amid ?
A ship recently blocked which trade route causing the world economy to lose million of Dollars?
According to 2018 recent report of the four UN bodies, the FAO,UNICEF,WFP and WHO, the Asia Pacific region has ________ under nutrition people?
According to a grim UN assessment of childhood nutrition, Nearly __________ million children under five years old are undernourished or overweight and face lifelong health problem in the whole world?
According to a recent Forbes report, Which is the world's strongest currency?