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

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

Question # 2

When ADFC came into existence

Question # 3

When the State Bank of Pakistan came into existence

Question # 4

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

Question # 5

What is the name of central bank of Pakistan

Question # 6

Which of the following industry is financed by PICIC

Question # 7

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

Question # 8

These thories of foreign exchange rate include.

Question # 9

Methods for making foreign payments includes.

Question # 10

The supply of foreign exchange arises when.

Question # 11

The various kinds of exchange rate includes.

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

Question # 15

Purchasing power theory of foreign exchange was presented in.

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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 market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
2 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
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 Which of the following institution was working before the establishment of ADBP
A. Agricultural development finance corporation
B. Agricultural development bank
C. Both a and b
D. None of the above
5 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
6 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
7 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
8 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
9 These thories of foreign exchange rate include.
A. Mint par parity theory
B. Ppurchasing power theory.
C. Botha a and b
D. All of these
10 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above

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