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 rate which keeps the balance of payment in equilibrium.

Question # 2

What is the name of central bank of Pakistan

Question # 3

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

Question # 4

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

Question # 5

The statement of Pakistan was inaugurated by:

Question # 6

When was ADBP established

Question # 7

Purchasing power theory of foreign exchange was given by.

Question # 8

ZTBL issues the loans for:

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

Methods for making foreign payments includes.

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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 The instruments which are used in foreign receipts and payments called.
A. Letter of credit
B. Foreign debts
C. Foreign exchange
D. None of these
2 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
3 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
4 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
5 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
6 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
7 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
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 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
10 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961

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