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

The rate which keeps the balance of payment in equilibrium.

Question # 2

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

Question # 3

When the State Bank of Pakistan came into existence

Question # 4

What is the name of central bank of Pakistan

Question # 5

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

Question # 6

What is the number of members in the managements body of PICIC

Question # 7

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

Question # 8

The various kinds of exchange rate includes.

Question # 9

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

Question # 10

When were the Pakistani banks nationalized:

Question # 11

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

Question # 12

These thories of foreign exchange rate include.

Question # 13

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

Question # 14

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

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 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
2 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
3 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
4 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
5 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
6 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
7 The supply of foreign exchange arises when.
A. Goods are exported
B. Students comes of country
C. Sale of Foreign securities
D. All of these
8 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
9 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
10 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965

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