[OBJECTIVE]
Subject: Money and Banking
Time Allowed: 10 Minutes
Maximum Marks: 10
NOTE: Attempt this Paper on this Question Sheet only. Please encircle the correct option. Division of marks is given in front of each question. This Paper will be collected back after expiry of time limit mentioned above.
Part-I Encircle the correct option, cutting and overwriting is not allowed. (10)
1. INFLATION means the following:
a) Annual increase in prices b) Gradual Increase in prices
c) Quarterly increase in prices d) Two of the above
2. IBRD stands for the following term:
a) International Bank for Reconstruction & Development
b) Internal Bank for Reconciliation & Development
c) International Bank for Reconciliation & Development
d) internal Bank for Reconstruction & Drastic
3. IMF provides funding to the following countries:
a) Rich countries b) All poor countries
c) All countries d) European Countries
4. SDR is the currency of IMF which is an abbreviation of the following
a) Standard Drawing Right b) Special Discount Right
c) Special Drawing Rights d) None of the above
5. The current official inflation rate of Pakistan as shown in Federal Budget is as follows:
a) Less Than 10% b) Less than 15%
c) Less than 20% d) More than 20%
6. The all Banks are controlled by the following:
a) Local management b) None of the given
c) Federal Government d) Provincial Government
7. The total banks of the country are in number around
a) 20 plus b) 30 plus
c) 40plus d) 50 plus
8. ABD stands for the following:
a) Asian Development Bank b) Asian Decent Bank
c) American Development Bank d} Asian Drastic Bank
9. The business account which is opened & run by a FIRM can be is called also:
a) Sole Proprietorship b) Individual
c) Self-employed d) Partnership
10. In SAVING ACCOUNT, the investment remains as:
a) Fixed b) Floating
c) Demand based d) None of the above
[SUBJECTIVE]
Subject: Money and Banking
Time Allowed: 2 Hours 45 Minutes
Maximum Marks: 50
NOTE: ATTEMPT THIS (SUBJECTIVA) ON THE SEPARATE ANSWER SHEET PROVIDED.
Part-II Give short details of each of them, each answer carries equal marks. (40)
Q#1: Quantity Theory of Money & its impact on money’s value.
Q#2: Inflation & its kinds.
Q#3: Islamic Development Bank & its role in economic development of member countries
Q#4: Cash Balance Theory of money & its impact on economy
Q#5: Evolution of Banks Q#6: Inflation & its kinds.
Q#7: Asian Development Bank
Q#8: Cash Balance Theory of money.
Part-III Give brief answers, each answer carries equal marks. (10)
Q#1: What is meant by Current, PLS & Term deposit account?
Q#2: International Monetary System & IBRD
