Question # 1

The instruments which are used in foreign receipts and payments called.

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Letter of credit

Foreign debts

Foreign exchange

None of these

The demand for foreign exchange comes when.

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Purchases of foreign securites

Students go abroad

Goods are imported

All of these

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

When were the Pakistani banks nationalized:

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1974

1984

1990

1994

A mechanism by which international indebtedness is settle dbetween one country and another.

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Indebtedness

Foreign Debts

Foreign exchange

All these

The various kinds of exchange rate includes.

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Official rate

Spot rate

Forward rate

All of these

When ADFC came into existence

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1951

1961

1965

1970

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

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Central bank

World bank

Commercial bank

All of these

What is the number of members in the managements body of PICIC

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12

21

5

7

PICIC was established as

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Private company

Limited company

Partnership

None of the above

The rate which keeps the balance of payment in equilibrium.

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Equilibrium rate

Foreign exchange rate

Currency Rate

Dollar rate

The supply of foreign exchange arises when.

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Goods are exported

Students comes of country

Sale of Foreign securities

All of these

Which of the following institution was working before the establishment of ADBP

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Agricultural development finance corporation

Agricultural development bank

Both a and b

None of the above

When was ADBP established

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1957

1961

1963

1965

The statement of Pakistan was inaugurated by:

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Liaqat-Ali-Khan

Abdul-Rub-Nishar

Quaid-e-Azam

Nawaz-Sharif

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