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 management body of ZTBL

Question # 2

PICIC was established as

Question # 3

The main objectives of foreign exchange control are.

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 supply of foreign exchange arises when.

Question # 7

Methods for making foreign payments includes.

Question # 8

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

Question # 9

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

Question # 10

When did the National Bank start its functions as the agent of SBP:

Question # 11

When ADFC came into existence

Question # 12

State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange

Question # 13

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

Question # 14

The demand for and supply of foreign exchange is regulated by.

Question # 15

For how many years the governor of State Bank of Pakistan is appointed:

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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 supply of foreign exchange arises when.
A. Goods are exported
B. Students comes of country
C. Sale of Foreign securities
D. All of these
2 The method which is mostly use in making foreign payments are.
A. Telegraphic transfer
B. Foreign bill of exchange
C. By post
D. All of these
3 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
4 Which of the following institution was converted into IDBP:
A. Pakistan industrial finance corporation
B. Pakistan investment corporation
C. Industrial bank
D. Pakistan industrial and credit investment corporation
5 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
6 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
7 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
8 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
9 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
10 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these

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