Financial | MCQs

Explanation

A suspicious-looking man had been seen in the vicinity of the bank shortly before it was robbed yesterday.

ایک مشکوک نظر آنے والا شخص کل کو لوٹنے سے کچھ ہی دیر پہلے بینک کے آس پاس میں دیکھا گیا تھا۔

"Vicinity" refers to the surrounding area.

Explanation

You can easily get money if you gage your ornaments. 

اگر آپ اپنے زیورات کا اندازہ لگاتے ہیں تو آپ آسانی سے رقم حاصل کر سکتے ہیں۔

The phrase "gage your ornaments" means to pawn or pledge your ornaments as collateral for a loan.

Explanation

From this graph we can see that the economy is improving at the moment.

This choice indicates a current and ongoing positive trend in the economy.

It aligning with the idea that the graph shows present developments.

Explanation

Afghanistan Capital is Kabul.

Afghanistan Currency is Afghani.

Afghanistan official language is Pashto, Dari (Persian).

Afghanistan located in Continent Asia.

Afghanistan Primary religion is Islam.

Afghanistan head of Govt is President - Amrullah Saleh.

Afghanistan Parliament called Shora.

Tricks for Remember

Explanation

FATF stands for Financial Action Task Force

Explanation

 Reduce the deficit on the balance of trade

The government may raise tariffs on imported goods or introduce quotas. Both  measures will lead to a reduction in imports and thus an improvement in the current account balance.

Explanation

 Availability of gold in the country

Under Article 24, the State Bank of Pakistan has the sole right to issue banknotes. The National Bank of Pakistan introduced the first urgent issue at face value of 5, 10,  100 rupees. It was printed by De La Rue & Company Great Britain and published between 1948 and 1960.

Explanation

Durability

Banknotes and "fiat money" also have no intrinsic value. Their value is determined only by supply and demand and becomes legal tender by government legislation. The most important factor that distinguishes the currency of one country from the currency of another is its value.

Explanation

Explanation

The Securities & Exchange Commission of Pakistan is the financial regulatory agency in Pakistan.

Founded: January 1, 1999

Preceding agency: Corporate Law Authority