Under the State Bank of Pakistan Act, the primary objective of the State Bank is to maintain:
Correct answer: B. Domestic price stability
- A. A fixed price for all exports
- B. Domestic price stability
- C. A balanced government budget
- D. A constant level of foreign investment
Explanation
The State Bank's primary objective is domestic price stability, while financial stability and support for economic policies are related responsibilities subject to that objective. It does not directly set export prices or guarantee a balanced budget.
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 of Pakistan
Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
Practise Economy of Pakistan
390 free Economy of Pakistan MCQs from Economics, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Economics questions like this
Economics is on 2 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 of Pakistan questions
Which development is most directly associated with greater financial inclusion in Pakistan?
In Pakistan's development planning system, a PC-I document is primarily used to:
In Pakistan, fragmentation of agricultural land into very small holdings most directly makes it difficult to:
If the nominal interest rate is 12 percent and inflation is 8 percent, the approximate real interest rate is: