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 market where foreign moneys are bought and sold is.

Question # 2

Which of the following institution was converted into IDBP:

Question # 3

The demand for foreign exchange comes when.

Question # 4

Where is the head office of IDBP:

Question # 5

The method which is mostly use in making foreign payments are.

Question # 6

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

Question # 7

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

Question # 8

Which of the following institution was working before the establishment of ADBP

Question # 9

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

Question # 10

When was the National Bank Of Pkaistan established:

Question # 11

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

Question # 12

Purchasing power theory of foreign exchange was given by.

Question # 13

When the State Bank of Pakistan came into existence

Question # 14

Methods for making foreign payments includes.

Question # 15

Purchasing power theory of foreign exchange was presented in.

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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 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
3 What is the name of central bank of Pakistan
A. State Bank of Pakistan
B. National Bank of Pakistan
C. Bank of Pakistan
D. Habib Bank Limited
4 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
5 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
6 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
7 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
8 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
9 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
10 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these

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