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

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

Question # 2

When was ADBP established

Question # 3

When were the Pakistani banks nationalized:

Question # 4

PICIC was established as

Question # 5

Where is the head office of IDBP:

Question # 6

Where is the head office of ZTBL

Question # 7

The demand for and supply of foreign exchange is regulated by.

Question # 8

What was the capital of State bank of Pakistan at the time of establishment

Question # 9

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

Question # 10

Purchasing power theory of foreign exchange was presented in.

Question # 11

Decrease in the value of home currency as compare to foreign currency.

Question # 12

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

Question # 13

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

Question # 14

Methods for making foreign payments includes.

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 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
2 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
3 What is the name of central bank of Pakistan
A. State Bank of Pakistan
B. National Bank of Pakistan
C. Bank of Pakistan
D. Habib Bank Limited
4 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
5 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
6 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
7 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
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 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
10 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

Test Questions