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

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

Question # 2

The rate which keeps the balance of payment in equilibrium.

Question # 3

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

Question # 4

When was the National Bank Of Pkaistan established:

Question # 5

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

Question # 6

PICIC was established as

Question # 7

The main objectives of foreign exchange control are.

Question # 8

The method which is mostly use in making foreign payments are.

Question # 9

These thories of foreign exchange rate include.

Question # 10

Where is the head office of ZTBL

Question # 11

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

Question # 12

Purchasing power theory of foreign exchange was given by.

Question # 13

When was ADBP established

Question # 14

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

Question # 15

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

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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 instruments which are used in foreign receipts and payments called.
A. Letter of credit
B. Foreign debts
C. Foreign exchange
D. None of these
2 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
3 Which of the following institution was working before the establishment of ADBP
A. Agricultural development finance corporation
B. Agricultural development bank
C. Both a and b
D. None of the above
4 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
5 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
6 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
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 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
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 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

Test Questions

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