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

Purchasing power theory of foreign exchange was given by.

Question # 3

The main objectives of foreign exchange control are.

Question # 4

When was ADBP established

Question # 5

When was PICIC established

Question # 6

The market where foreign moneys are bought and sold is.

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

The various kinds of exchange rate includes.

Question # 11

When was the National Bank Of Pkaistan established:

Question # 12

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

Question # 13

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

Question # 14

Which of the following industry is financed by PICIC

Question # 15

The statement of Pakistan was inaugurated by:

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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 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
2 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
3 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
4 Which of the following industry is financed by PICIC
A. Depends upon local raw material
B. Manufactures export goods
C. Establishes under national development program
D. All the above
5 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
6 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
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 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
9 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
10 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these

Test Questions

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