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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 was PICIC established
Question # 2
Decrease in the value of home currency as compare to foreign currency.
Question # 3
Where is the head office of IDBP:
Question # 4
The demand for foreign exchange comes when.
Question # 5
What is the name of central bank of Pakistan
Question # 6
A mechanism by which international indebtedness is settle dbetween one country and another.
Question # 7
When were the Pakistani banks nationalized:
Question # 8
These thories of foreign exchange rate include.
Question # 9
Which of the following institution was converted into IDBP:
Question # 10
For how many years the governor of State Bank of Pakistan is appointed:
Question # 11
The demand for and supply of foreign exchange is regulated by.
Question # 12
Methods for making foreign payments includes.
Question # 13
The main objectives of foreign exchange control are.
Question # 14
Which one of the following is not the preference of state bank of Pakistan
Question # 15
The various kinds of exchange rate includes.
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 | Purchasing power theory of foreign exchange was given by. |
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
|
| 2 | The rate which keeps the balance of payment in equilibrium. |
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
|
| 3 | PICIC was established as |
A. Private company
B. Limited company
C. Partnership
D. None of the above
|
| 4 | 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
|
| 5 | 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
|
| 6 | State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange |
A. Statement
B. License
C. Certificate
D. All the above
|
| 7 | The main objectives of foreign exchange control are. |
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
|
| 8 | 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
|
| 9 | What is the number of members in the managements body of PICIC |
A. 12
B. 21
C. 5
D. 7
|
| 10 | When ADFC came into existence |
A. 1951
B. 1961
C. 1965
D. 1970
|
Test Questions