The State Bank of Pakistan (SBP) was established in which year?
A) 1945
B) 1947
C) 1948
D) 1950
Who inaugurated the State Bank of Pakistan?
A) Liaquat Ali Khan
B) Ayub Khan
C) Muhammad Ali Jinnah
D) Zulfikar Ali Bhutto
The main function of the State Bank of Pakistan is to:
A) Collect taxes
B) Print currency and regulate monetary policy
C) Manage trade agreements
D) Control industrial production
Which of the following is NOT a function of the State Bank of Pakistan?
A) Controlling inflation
B) Managing foreign exchange reserves
C) Providing loans to individuals
D) Supervising commercial banks
What is the official currency issued by the State Bank of Pakistan?
A) Taka
B) Rupee
C) Dinar
D) Rial
Which department of SBP is responsible for monetary policy formulation?
A) Banking Policy and Regulations Department
B) Monetary Policy Department
C) Foreign Exchange Department
D) Agricultural Credit Department
The Monetary Policy Committee (MPC) of SBP determines the:
A) Exchange rate
B) Inflation rate
C) Interest rate
D) Tax rate
SBP controls inflation by adjusting the:
A) Tax rates
B) Money supply and interest rates
C) Import and export policies
D) Public sector salaries
Which tool is commonly used by SBP to control inflation?
A) Fiscal policy
B) Open market operations
C) Trade agreements
D) Price fixing
SBP regulates which type of institutions?
A) Hospitals
B) Commercial Banks
C) Real Estate Firms
D) Stock Exchanges
The current Governor of the State Bank of Pakistan is:
A) Raza Baqir
B) Tariq Bajwa
C) Jameel Ahmad
D) Reza Baqir
The primary goal of SBP’s foreign exchange policy is to:
A) Increase imports
B) Stabilize the exchange rate
C) Reduce government spending
D) Control oil prices
Which law governs the functions of SBP?
A) Banking Companies Ordinance 1962
B) SBP Act 1956
C) Foreign Exchange Act 1992
D) Financial Regulation Act 1975
Which of the following is NOT a monetary tool used by SBP?
A) Discount rate adjustment
B) Open market operations
C) Taxation policy
D) Reserve requirements
What does SBP do to ensure the stability of the financial system?
A) Regulates commercial banks
B) Controls agricultural production
C) Issues trade policies
D) Funds infrastructure projects
SBP publishes which key economic report annually?
A) Economic Survey of Pakistan
B) State of the Economy Report
C) Financial Stability Report
D) Monetary Policy Statement
The function of SBP’s Banking Policy and Regulations Department is to:
A) Provide loans to businesses
B) Supervise and regulate banks
C) Control inflation directly
D) Manage stock market trading
Which department of SBP is responsible for ensuring financial inclusion?
A) Foreign Exchange Department
B) Financial Inclusion Department
C) Risk Management Department
D) Economic Research Department
SBP’s monetary policy decisions are influenced by which economic factor?
A) Population growth
B) Global oil prices
C) Inflation and GDP growth
D) Political stability
Which international organization works closely with SBP for financial stability?
A) United Nations
B) World Bank
C) International Monetary Fund (IMF)
D) World Trade Organization
The banking sector in Pakistan is primarily regulated by:
A) Ministry of Finance
B) Pakistan Stock Exchange
C) Securities and Exchange Commission of Pakistan
D) State Bank of Pakistan
The SBP promotes financial literacy through:
A) School education programs
B) Public awareness campaigns
C) Media advertisements
D) All of the above
Which department within SBP manages foreign exchange reserves?
A) Banking Supervision Department
B) Financial Monitoring Unit
C) Foreign Exchange Department
D) Currency Issuance Department
Which economic indicator is closely monitored by SBP?
A) Literacy rate
B) Employment rate
C) Inflation rate
D) Housing index
Which technology initiative has SBP introduced to promote digital banking?
A) Raast Payment System
B) National Savings Scheme
C) Microfinance Banks
D) Green Banking Initiative
What role does SBP play in handling remittances?
A) Restricts foreign transactions
B) Regulates exchange companies and banks handling remittances
C) Reduces the value of remittances
D) Increases taxes on remittances
How does SBP influence economic growth?
A) By controlling education policy
B) By setting policies for financial stability and credit availability
C) By managing trade agreements
D) By supervising law enforcement agencies
The primary function of SBP’s Development Finance Group is to:
A) Fund real estate projects
B) Support agriculture, SMEs, and Islamic banking
C) Increase currency circulation
D) Manage stock market operations
What is one of the SBP’s key strategies for economic sustainability?
A) Privatization of all banks
B) Encouraging investment in priority sectors
C) Reducing foreign currency reserves
D) Restricting foreign trade
