12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 12 (Foreign Exchange Transaction)

ICOM Part 2 English Medium Principles of Banking Chapter 12 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test"

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  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test

00:00
Question # 1

The bank that makes payment to the exporter after receiving L.C. is called.

Question # 2

In L.C. the other name of importer's bank is.

Question # 3

The money sent through post office from one country to another

Question # 4

Generally, the instruments which are used in foreign receipts and payments called

Question # 5

Which method is mostly used in making foreign payment

Question # 6

the developed form of red claause L.C. is.

Question # 7

Which of the following changes cause to change in foreign exchange rate

Question # 8

The change in demand and supply of foreign currency effects

Question # 9

The purpose of credit card is.

Question # 10

Which of the following rate keeps the balance of payments in equilibrium

Question # 11

The word L.C stand for.

Question # 12

Which of the following theories is associated with the working of international gold standard

Question # 13

In L.C. the other name of exporter's bank is.

Question # 14

I.O.U. Is a credit instrument.

Question # 15

Upper specie point is got by adding the delivery charges in following metal

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ICOM Part 2 English Medium Principles of Banking Chapter 12 MCQ's Test

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