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 method which is mostly use in making foreign payments are.

Question # 3

When was ADBP established

Question # 4

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

Question # 5

PICIC was established as

Question # 6

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

Question # 7

The statement of Pakistan was inaugurated by:

Question # 8

Which of the following industry is financed by PICIC

Question # 9

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

Question # 10

The exchange of one country's currency for another foreign currency.

Question # 11

When the State Bank of Pakistan came into existence

Question # 12

When was PICIC established

Question # 13

These thories of foreign exchange rate include.

Question # 14

Purchasing power theory of foreign exchange was given by.

Question # 15

When ADFC came into existence

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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 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
2 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
3 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
4 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
5 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
6 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
7 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
8 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
9 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
10 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these

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