Question # 1

The main objectives of foreign exchange control are.

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Stablilize exchange rate

Increase Govt.Revenue

Protect domestic industires

All of these

Which of the following institution was converted into IDBP:

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Pakistan industrial finance corporation

Pakistan investment corporation

Industrial bank

Pakistan industrial and credit investment corporation

The statement of Pakistan was inaugurated by:

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Liaqat-Ali-Khan

Abdul-Rub-Nishar

Quaid-e-Azam

Nawaz-Sharif

When the demand of any county's currency increses than the rate of exchange becomes.

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Unfavorable

Favorable

Equilibrium

None of these

The demand for and supply of foreign exchange is regulated by.

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Central bank

World bank

Commercial bank

All of these

When the State Bank of Pakistan came into existence

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1947

1948

1949

1970

What is the name of central bank of Pakistan

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State Bank of Pakistan

National Bank of Pakistan

Bank of Pakistan

Habib Bank Limited

Decrease in the value of home currency as compare to foreign currency.

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Inflation

Devalution

Deflation

All these

When did the National Bank start its functions as the agent of SBP:

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1949

1950

1951

1952

Methods for making foreign payments includes.

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Letter of credit

Foreign bills of exchange

Foreing bank draft

All of these

PICIC was established as

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Private company

Limited company

Partnership

None of the above

Where is the head office of IDBP:

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Lahore

Faisalabad

Islamabad

Karachi

The method which is mostly use in making foreign payments are.

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Telegraphic transfer

Foreign bill of exchange

By post

All of these

The various kinds of exchange rate includes.

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Official rate

Spot rate

Forward rate

All of these

When were the Pakistani banks nationalized:

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1974

1984

1990

1994

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