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

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

Question # 2

The various kinds of exchange rate includes.

Question # 3

Which of the following industry is financed by PICIC

Question # 4

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

Question # 5

When did the National Bank start its functions as the agent of SBP:

Question # 6

Purchasing power theory of foreign exchange was given by.

Question # 7

When was ADBP established

Question # 8

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

Question # 9

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

Question # 10

Where is the head office of ZTBL

Question # 11

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

Question # 12

PICIC was established as

Question # 13

When the State Bank of Pakistan came into existence

Question # 14

When was PICIC established

Question # 15

These thories of foreign exchange rate include.

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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 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
2 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
3 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
4 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
5 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
6 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
7 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
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 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
10 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these

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