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

Start Chapter 12 Test

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

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

  • Total Questions15

  • Time Allowed20

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

00:00
Question # 1

Foreign exchange control reduces the

Question # 2

Which party of the L.C. is called beneficiary.

Question # 3

Letter of credit is opened by.

Question # 4

The rate of exchange determined by two countries following non-convertible paper currency system is a point where

Question # 5

Which method is mostly used in making foreign payment

Question # 6

Which of the following nature does IOU have.

Question # 7

Letter of credit state a limit of.

Question # 8

The L.C. which is accompanied by some documents is called.

Question # 9

Which party to L.C. is called beneficiary.

Question # 10

The price of one country's currency in term other country's currency is called

Question # 11

Non geogibale credit instruemnt are.

Question # 12

The money sent through post office from one country to another

Question # 13

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

Question # 14

The change in demand and supply of foreign currency effects

Question # 15

The more increase in exchange rate for a country under gold standard is called

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test" MCQs Online With Answers


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

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test" MCQ`s Test

  • M
    Mubashira 10 - Jul - 2021 00 Min 19 Sec 15/15
  • D
    Daniyal 23 - Mar - 2021 00 Min 57 Sec 15/15
  • S
    Sidra 12 - Jul - 2021 01 Min 01 Sec 15/15
  • Z
    Zeshan 10 - Jul - 2021 02 Min 29 Sec 15/15
  • M
    Maliha 21 - Jun - 2021 06 Min 38 Sec 15/15
  • A
    ameer 13 - Jul - 2021 10 Min 50 Sec 15/15
  • K
    Kibriya 02 - Jul - 2021 01 Min 11 Sec 14/15
  • U
    Umer Umer 08 - Jun - 2024 08 Min 15 Sec 14/15
  • H
    Hassan Abid 23 - Jun - 2022 01 Min 37 Sec 13/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 02 Min 05 Sec 13/15
  • P
    Palwasha 29 - Jun - 2021 02 Min 14 Sec 13/15
  • H
    Hassan Maqsood 26 - May - 2023 02 Min 20 Sec 13/15
  • M
    Mohsina 11 - Jul - 2021 02 Min 46 Sec 13/15
  • T
    Teiyr 11 - Nov - 2025 02 Min 50 Sec 13/15
  • H
    Hinan 12 - Jul - 2021 03 Min 17 Sec 13/15

Test Questions

Is this page helpful?