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

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

Question # 2

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

Question # 3

State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange

Question # 4

ZTBL issues the loans for:

Question # 5

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

Question # 6

When was the National Bank Of Pkaistan established:

Question # 7

The statement of Pakistan was inaugurated by:

Question # 8

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

Question # 9

When the State Bank of Pakistan came into existence

Question # 10

Purchasing power theory of foreign exchange was presented in.

Question # 11

When ADFC came into existence

Question # 12

When were the Pakistani banks nationalized:

Question # 13

The supply of foreign exchange arises when.

Question # 14

The demand for foreign exchange comes when.

Question # 15

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

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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 These thories of foreign exchange rate include.
A. Mint par parity theory
B. Ppurchasing power theory.
C. Botha a and b
D. All of these
2 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
3 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
4 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
5 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
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 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
8 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
9 The instruments which are used in foreign receipts and payments called.
A. Letter of credit
B. Foreign debts
C. Foreign exchange
D. None of these
10 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12

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