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ICOM Part 2 English Medium Principles of Banking Chapter 14 MCQ's Test
Start Chapter 14 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test
00:00
Question # 1
When did the National Bank start its functions as the agent of SBP:
Question # 2
The supply of foreign exchange arises when.
Question # 3
Which of the following industry is financed by PICIC
Question # 4
The statement of Pakistan was inaugurated by:
Question # 5
Which one of the following is not the preference of state bank of Pakistan
Question # 6
Methods for making foreign payments includes.
Question # 7
The market where foreign moneys are bought and sold is.
Question # 8
What is the name of central bank of Pakistan
Question # 9
PICIC was established as
Question # 10
The various kinds of exchange rate includes.
Question # 11
Decrease in the value of home currency as compare to foreign currency.
Question # 12
When was ADBP established
Question # 13
When was PICIC established
Question # 14
Where is the head office of IDBP:
Question # 15
When the demand of any county's currency increses than the rate of exchange becomes.
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 | What was the capital of State bank of Pakistan at the time of establishment |
A. 30 millions
B. 300 millions
C. 30 billions
D. 300 billions
|
| 2 | Purchasing power theory of foreign exchange was given by. |
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
|
| 3 | When the demand of any county's currency increses than the rate of exchange becomes. |
A. Unfavorable
B. Favorable
C. Equilibrium
D. None of these
|
| 4 | The demand for and supply of foreign exchange is regulated by. |
A. Central bank
B. World bank
C. Commercial bank
D. All of these
|
| 5 | The rate which keeps the balance of payment in equilibrium. |
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
|
| 6 | The demand for foreign exchange comes when. |
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
|
| 7 | 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
|
| 8 | When ADFC came into existence |
A. 1951
B. 1961
C. 1965
D. 1970
|
| 9 | These thories of foreign exchange rate include. |
A. Mint par parity theory
B. Ppurchasing power theory.
C. Botha a and b
D. All of these
|
| 10 | A mechanism by which international indebtedness is settle dbetween one country and another. |
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
|
Test Questions