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

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

Question # 3

These thories of foreign exchange rate include.

Question # 4

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

Question # 5

The statement of Pakistan was inaugurated by:

Question # 6

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

Question # 7

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

Question # 8

The instruments which are used in foreign receipts and payments called.

Question # 9

The demand for foreign exchange comes when.

Question # 10

ZTBL issues the loans for:

Question # 11

Purchasing power theory of foreign exchange was given by.

Question # 12

What is the name of central bank of Pakistan

Question # 13

Methods for making foreign payments includes.

Question # 14

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

Question # 15

When was PICIC established

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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 main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
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 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
4 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
5 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
6 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
7 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
8 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
9 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
10 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881

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