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

The demand for foreign exchange comes when.

Question # 3

When was ADBP established

Question # 4

What is the name of central bank of Pakistan

Question # 5

When ADFC came into existence

Question # 6

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

Question # 7

These thories of foreign exchange rate include.

Question # 8

The rate which keeps the balance of payment in equilibrium.

Question # 9

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

Question # 10

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

Question # 11

Which of the following industry is financed by PICIC

Question # 12

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

Question # 13

ZTBL issues the loans for:

Question # 14

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

Question # 15

The main objectives of foreign exchange control are.

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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 rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
2 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
3 Which of the following institution was converted into IDBP:
A. Pakistan industrial finance corporation
B. Pakistan investment corporation
C. Industrial bank
D. Pakistan industrial and credit investment corporation
4 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
5 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
6 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
7 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
8 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
9 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
10 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these

Test Questions