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 ZTBL

Question # 2

The statement of Pakistan was inaugurated by:

Question # 3

When ADFC came into existence

Question # 4

Purchasing power theory of foreign exchange was presented in.

Question # 5

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

Question # 6

A mechanism by which international indebtedness is settle dbetween one country and another.

Question # 7

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

Question # 8

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

Question # 9

What is the number of members in the management body of ZTBL

Question # 10

ZTBL issues the loans for:

Question # 11

When were the Pakistani banks nationalized:

Question # 12

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

Question # 13

Decrease in the value of home currency as compare to foreign currency.

Question # 14

When was PICIC established

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 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
2 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
3 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
4 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
5 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
6 The instruments which are used in foreign receipts and payments called.
A. Letter of credit
B. Foreign debts
C. Foreign exchange
D. None of these
7 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
8 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
9 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
10 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above

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