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 various kinds of exchange rate includes.

Question # 2

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

Question # 3

What is the number of members in the management body of ZTBL

Question # 4

Which of the following institution was converted into IDBP:

Question # 5

When was ADBP established

Question # 6

These thories of foreign exchange rate include.

Question # 7

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

Question # 8

The demand for foreign exchange comes when.

Question # 9

The rate which keeps the balance of payment in equilibrium.

Question # 10

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

Question # 11

When was the National Bank Of Pkaistan established:

Question # 12

Purchasing power theory of foreign exchange was given by.

Question # 13

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

Question # 14

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

Question # 15

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

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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 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
2 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
3 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
4 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
5 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
6 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
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 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
9 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
10 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above

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