T4Tutorials .PK

Financial Institutions MCQs – Chapter 12 DAE

1. Which of the following has five members in its board of directors?

(A) IDBP


(B) PIDC


(C) IMF


(D) all




2. International monitoring fund is an------------institution.

(A) Regional


(B) International


(C) Home


(D) all




3. IMF was set up in--------

(A) 1946


(B) 1947


(C) 1950


(D) 1951




4. This is the objective of IMF:

(A) Peace


(B) Issuance of gold coins


(C) Issuance of currency


(D) Provide loans to countries




5. Which of the following has nine members in its board?

(A) all


(B) PIDC


(C) IMF


(D) IDBP




6. Where is the head quarter of IDBP located?

(A) Islamabad


(B) Lahore


(C) Sahiwal


(D) Karachi




7. When was PIDC set up?

(A) 1948


(B) 1960


(C) 1952


(D) 1962




8. Which of the following grants loan to the heavy industry in Pakistan?

(A) all


(B) IDBP


(C) IMF


(D) PIDC




9. When was IDBP set up?

(A) 1961


(B) 1955


(C) 1950


(D) 1970




10. To maintain exchange stability is the function of

(A) World Bank


(B) None


(C) Both


(D) IMF




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