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

Where is the head office of IDBP:

Question # 2

What % of shares of IDBP was held by the Govt. at the time of its establishment:

Question # 3

What is the name of central bank of Pakistan

Question # 4

The demand for foreign exchange comes when.

Question # 5

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

Question # 6

PICIC was established as

Question # 7

The supply of foreign exchange arises when.

Question # 8

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

Question # 9

When were the Pakistani banks nationalized:

Question # 10

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

Question # 11

These thories of foreign exchange rate include.

Question # 12

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

Question # 13

The market where foreign moneys are bought and sold is.

Question # 14

The statement of Pakistan was inaugurated by:

Question # 15

Which of the following institution was converted into IDBP:

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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 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
2 Which one of the following is not the preference of state bank of Pakistan
A. Expansion in banking system
B. Control over the supply of money
C. Equal distribution of credit
D. To earn maximum profit
3 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
4 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
5 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
6 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
7 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
8 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
9 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
10 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

Test Questions

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