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14th Chapter

12th Principles of Banking Chapter 14 Test

Here you can prepare 12th Class Principles of Banking Chapter 14 Banking system in Pakistan Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 14 online mcq test with answers for ICom part 2 Principle of Banking Chapter 14 (Banking system in Pakistan)

This online test contains MCQs about following topics:

. Banking system of Pakistan and its elements . Nationalization of banks . Privatization of banks . Pakistan's important . Financial institutions

ICOM Part 2 Banking Ch 14 Test
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12th class Principle of Banking chapter 14 online mcq test with answers for ICom part 2 Principle of Banking Chapter 14 (Banking system in Pakistan)

Sr. # Questions Answers Choice
1 The rate which keeps the balance of payment in equilibrium.
  • A. Equilibrium rate
  • B. Foreign exchange rate
  • C. Currency Rate
  • D. Dollar rate
2 The demand for foreign exchange comes when.
  • A. Purchases of foreign securites
  • B. Students go abroad
  • C. Goods are imported
  • D. All of these
3 ZTBL issues the loans for:
  • A. Fishing and forest
  • B. Breading of cattles
  • C. Diary farming
  • D. All of the above
4 When did the National Bank start its functions as the agent of SBP:
  • A. 1949
  • B. 1950
  • C. 1951
  • D. 1952
5 Which of the following industry is financed by PICIC
  • A. Depends upon local raw material
  • B. Manufactures export goods
  • C. Establishes under national development program
  • D. All the above
6 Sate Bank of Pakistan advises the federal and provincial governments on following matter
  • A. Administrative
  • B. Financial
  • C. Political
  • D. All the above
7 What is the number of members in the management body of ZTBL
  • A. 5
  • B. 8
  • C. 10
  • D. 12
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 When were the Pakistani banks nationalized:
  • A. 1974
  • B. 1984
  • C. 1990
  • D. 1994
10 When the State Bank of Pakistan came into existence
  • A. 1947
  • B. 1948
  • C. 1949
  • D. 1970

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