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

When was PICIC established

Question # 2

PICIC was established as

Question # 3

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

Question # 4

Which of the following industry is financed by PICIC

Question # 5

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

Question # 6

Where is the head office of ZTBL

Question # 7

When was ADBP established

Question # 8

The market where foreign moneys are bought and sold is.

Question # 9

When were the Pakistani banks nationalized:

Question # 10

Which of the following institution was converted into IDBP:

Question # 11

The demand for foreign exchange comes when.

Question # 12

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

Question # 13

When ADFC came into existence

Question # 14

When was the National Bank Of Pkaistan established:

Question # 15

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

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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 market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
2 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
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 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
5 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
6 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
7 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
8 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
9 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
10 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970

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