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

Where is the head office of ZTBL

Question # 2

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

Question # 3

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

Question # 4

When was PICIC established

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

When was the National Bank Of Pkaistan established:

Question # 10

When was ADBP established

Question # 11

Where is the head office of IDBP:

Question # 12

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

Question # 13

Which of the following institution was converted into IDBP:

Question # 14

These thories of foreign exchange rate include.

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 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
2 The supply of foreign exchange arises when.
A. Goods are exported
B. Students comes of country
C. Sale of Foreign securities
D. All of these
3 What was the capital of State bank of Pakistan at the time of establishment
A. 30 millions
B. 300 millions
C. 30 billions
D. 300 billions
4 Which of the following institution was converted into IDBP:
A. Pakistan industrial finance corporation
B. Pakistan investment corporation
C. Industrial bank
D. Pakistan industrial and credit investment corporation
5 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
6 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
7 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
8 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
9 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
10 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%

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