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

ZTBL issues the loans for:

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Fishing and forest

Breading of cattles

Diary farming

All of the above

When was ADBP established

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1957

1961

1963

1965

The exchange of one country's currency for another foreign currency.

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Exchange Rate

Money change

Foreign exchange

None of these

The market where foreign moneys are bought and sold is.

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Stock market

Foreign exchang markets

Open market

None of these

Where is the head office of IDBP:

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Lahore

Faisalabad

Islamabad

Karachi

When were the Pakistani banks nationalized:

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1974

1984

1990

1994

Methods for making foreign payments includes.

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Letter of credit

Foreign bills of exchange

Foreing bank draft

All of these

The rate which keeps the balance of payment in equilibrium.

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Equilibrium rate

Foreign exchange rate

Currency Rate

Dollar rate

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

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1949

1950

1951

1952

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

Purchasing power theory of foreign exchange was presented in.

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1920

1962

1694

1881

Sate Bank of Pakistan advises the federal and provincial governments on following matter

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Administrative

Financial

Political

All the above

When was the National Bank Of Pkaistan established:

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1948

1949

1950

1951

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

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12

21

5

7

When ADFC came into existence

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1951

1961

1965

1970

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