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 ADFC came into existence

Question # 2

The supply of foreign exchange arises when.

Question # 3

When was PICIC established

Question # 4

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

Question # 5

When the demand of any county's currency increses than the rate of exchange becomes.

Question # 6

ZTBL issues the loans for:

Question # 7

PICIC was established as

Question # 8

Where is the head office of ZTBL

Question # 9

The demand for foreign exchange comes when.

Question # 10

When was the National Bank Of Pkaistan established:

Question # 11

When the State Bank of Pakistan came into existence

Question # 12

Purchasing power theory of foreign exchange was presented in.

Question # 13

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

Question # 14

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

Question # 15

Sate Bank of Pakistan advises the federal and provincial governments on following matter

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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 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
2 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All 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 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
5 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
6 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
7 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
8 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
9 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
10 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970

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