Pakistan's currency, the Rupee, is issued and regulated by which institution?
Difficulty: Easy
About this MCQ
This Easy Economy of Pakistan question asks: Pakistan's currency, the Rupee, is issued and regulated by which institution? The correct choice is A. State Bank of Pakistan. Read the options below, commit to one, then use the explanation to see why that choice holds and why the others do not.
Economy of Pakistan items like this one are written for Pakistan exams such as CSS, FPSC, PPSC, and NTS. The difficulty label is a hint about how much of the topic the stem assumes, not a score. Tags and exam names, when they are present, tell you where else the same idea is tested. Previous and next links stay in Economy of Pakistan so you can continue the subject. Related questions point at nearby stems if you want another angle on the same idea.
Treat the explanation as part of the question, not a footnote. If you missed it, reread the stem against the correct option before you open the next Economy of Pakistan item. A timed quiz is the same pool with a clock and a score. A past paper is a full sitting rather than this single question.
- A. State Bank of Pakistan ✓
- B. Ministry of Finance
Why not B: “Ministry of Finance” does not fit this question. The answer is State Bank of Pakistan.
- C. National Bank of Pakistan
Why not C: “National Bank of Pakistan” does not fit this question. The answer is State Bank of Pakistan.
- D. Federal Board of Revenue
Why not D: “Federal Board of Revenue” does not fit this question. The answer is State Bank of Pakistan.
Correct answer
A. State Bank of Pakistan
Explanation
State Bank of Pakistan (option A) is the accepted answer to “Pakistan's currency, the Rupee, is issued and regulated by which institution”. Option B (Ministry of Finance) does not fit this question. Option C (National Bank of Pakistan) does not fit this question. Option D (Federal Board of Revenue) does not fit this question. For this Economy of Pakistan question, the accepted answer is State Bank of Pakistan.
Source: Economic Survey of Pakistan
Tags: Economy, Currency
Submitted by: MCQsHub Editorial
Related MCQs
- Which crop is known as the 'cash crop' of Pakistan, contributing significantly to textile exports?
- The Federal Board of Revenue (FBR) is primarily responsible for:
- Which international financial institution has Pakistan frequently approached for balance-of-payments support p...
- Pakistan's stock exchange, formed by merging Karachi, Lahore, and Islamabad exchanges in 2016, is called:
- Which of Pakistan's five-year plans emphasized industrialization under Ayub Khan's development strategy?
- What is the currency of Pakistan?