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 exchange of one country's currency for another foreign currency.

Question # 3

Purchasing power theory of foreign exchange was given by.

Question # 4

The various kinds of exchange rate includes.

Question # 5

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

Question # 6

For how many years the governor of State Bank of Pakistan is appointed:

Question # 7

The market where foreign moneys are bought and sold is.

Question # 8

Where is the head office of IDBP:

Question # 9

Which of the following industry is financed by PICIC

Question # 10

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

Question # 11

What is the name of central bank of Pakistan

Question # 12

The main objectives of foreign exchange control are.

Question # 13

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

Question # 14

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

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 managements body of PICIC
A. 12
B. 21
C. 5
D. 7
2 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
3 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
4 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
5 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
6 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
7 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
8 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
9 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
10 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi

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