Financial | MCQs

Explanation

The State Bank Museum & Art Gallery was established in 2004

It is a museum on Ibrahim Ismail Chundrigar Road in Karachi

In 2004, the State Bank of Pakistan decided to adapt the building as a museum

Work on the projects started in 2006 

History

The first Monetary Museum of Pakistan.

Previously, it was the Imperial Bank of India

That was a Greco-Roman building in Jodhpuri Red Sandstone, constructed in the 1920s by the British government.

Explanation

Exports in Chemicals and sugar have registered a phenomenal rise this year.

کیمیکلز اور چینی کی برآمدات میں اس سال غیر معمولی اضافہ ہوا ہے

Registered means during this year rise has been observed 

Explanation

Dispute is generally followed by over.

Over is a preposition here.

Dispute over something means کسی بات پر تنازع

Explanation

Profit means منافع

Benefit means فائدہ

Explanation

A little means some but not much, which fits the context since the speaker has a small amount of money.

A little means تھوڑا سا

Explanation

قرآن حکیم (سورۃ الفرقان، آیت 67) میں فرمایا گیا

اور جب وہ خرچ کرتے ہیں تو نہ فضول خرچی کرتے ہیں اور نہ بخل، بلکہ ان دونوں کے درمیان اعتدال سے خرچ کرتے ہیں۔

مطلب یہ کہ رحمٰن کے بندے میانہ روی اختیار کرتے ہیں، اسراف نہیں کرتے۔

Explanation

SECP stands for Securities and Exchange Commission of Pakistan.

SECP headquarters located in Karachi, Sindh 

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Explanation

According to SBP Act 2021, the governor of the State Bank of Pakistan (SBP) shall be appointed for a term of five Years

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Mr. Jameel Ahmad assumed the charge of Governor State Bank of Pakistan on August 26, 2022, after his appointment by the President of Pakistan for a period of 5 years.

Ms. Kamil is the first woman appointed as Deputy Governor of SBP.

Explanation

صدرمملکت جنرل محمد ضیا ٗ الحق نے زکاة و عشر آرڈیننس 20جون 1980 کو جاری کیا

Explanation

The Financial Action Task Force (FATF) decided in February of this year to reconsider the matter later regarding the issue of Pakistan's alleged failure to curb financing for terrorism.

This decision indicates that FATF will revisit the issue at a later date to assess Pakistan's compliance with international standards for combating money laundering and terrorist financing.