12th class Principle of Banking chapter 14 online mcq test with answers for ICom part 2 Principle of Banking Chapter 14 (Banking system in Pakistan)

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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	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
3	When was ADBP established	A. 1957 B. 1961 C. 1963 D. 1965
4	For how many years the governor of State Bank of Pakistan is appointed:	A. 3 years B. 7 years C. 10 years D. None of the above
5	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
6	Purchasing power theory of foreign exchange was presented in.	A. 1920 B. 1962 C. 1694 D. 1881
7	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
8	The demand for foreign exchange comes when.	A. Purchases of foreign securites B. Students go abroad C. Goods are imported D. All of these
9	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
10	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