The State Bank of Pakistan (SBP) has halved the cash-carrying limits on foreign currency for international travel to_____ per visit?
Correct answer: B. $5000
- A. $3000
- B. $5000
- C. $7000
- D. $9000
Explanation
The SBP reduced the foreign-currency cash limit for an international trip from $10,000 to $5,000 per visit. This measure was introduced to improve monitoring of foreign-exchange outflows.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Economy and Budget
Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
Practise Economy and Budget
509 free Economy and Budget MCQs from Pakistan Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Pakistan Current Affairs questions like this
Pakistan Current Affairs is on 76 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Economy and Budget questions
Which bank has warned that Pakistan is now at a high risk of currency crisis?
In Janaury 2023, EU to provide ________ million euros for three new uplift schemes in Pakistan?
When almost the entire country was left in the dark by a massive electricity breakdown?
The State Bank of Pakistan (SBP) has halved the cash-carrying limits on foreign currency for international travel to ________ annually?
FATF removes Pakistan from Grey list after how many years?
FATF has removed Pakistan from Gray List after 4 years on _____________?