12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 14 (Banking system in Pakistan)

ICOM Part 2 English Medium Principles of Banking Chapter 14 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test

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Question # 1

What is the number of members in the managements body of PICIC

Question # 2

These thories of foreign exchange rate include.

Question # 3

Sate Bank of Pakistan advises the federal and provincial governments on following matter

Question # 4

Which one of the following is not the preference of state bank of Pakistan

Question # 5

The exchange of one country's currency for another foreign currency.

Question # 6

The various kinds of exchange rate includes.

Question # 7

PICIC was established as

Question # 8

Which of the following industry is financed by PICIC

Question # 9

Which of the following institution was working before the establishment of ADBP

Question # 10

The statement of Pakistan was inaugurated by:

Question # 11

When was the National Bank Of Pkaistan established:

Question # 12

The rate which keeps the balance of payment in equilibrium.

Question # 13

What was the capital of State bank of Pakistan at the time of establishment

Question # 14

When the demand of any county's currency increses than the rate of exchange becomes.

Question # 15

The instruments which are used in foreign receipts and payments called.

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ICOM Part 2 English Medium Principles of Banking Chapter 14 MCQ's Test

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
2 What is the name of central bank of Pakistan
A. State Bank of Pakistan
B. National Bank of Pakistan
C. Bank of Pakistan
D. Habib Bank Limited
3 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
4 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
5 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
6 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
7 For how many years the governor of State Bank of Pakistan is appointed:
A. 3 years
B. 7 years
C. 10 years
D. None of the above
8 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
9 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
10 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970

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