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 rate which keeps the balance of payment in equilibrium.

Question # 2

When the State Bank of Pakistan came into existence

Question # 3

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

Question # 4

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

Question # 5

The various kinds of exchange rate includes.

Question # 6

When was ADBP established

Question # 7

These thories of foreign exchange rate include.

Question # 8

Purchasing power theory of foreign exchange was given by.

Question # 9

The market where foreign moneys are bought and sold is.

Question # 10

Which one of the following is not the preference of state bank of Pakistan

Question # 11

The demand for foreign exchange comes when.

Question # 12

Which of the following institution was converted into IDBP:

Question # 13

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

Question # 14

The main objectives of foreign exchange control are.

Question # 15

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

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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 Which one of the following is not the preference of state bank of Pakistan
A. Expansion in banking system
B. Control over the supply of money
C. Equal distribution of credit
D. To earn maximum profit
2 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
3 What was the capital of State bank of Pakistan at the time of establishment
A. 30 millions
B. 300 millions
C. 30 billions
D. 300 billions
4 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
5 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
6 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
7 The method which is mostly use in making foreign payments are.
A. Telegraphic transfer
B. Foreign bill of exchange
C. By post
D. All of these
8 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
9 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
10 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate

Test Questions

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