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

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

Question # 3

The market where foreign moneys are bought and sold is.

Question # 4

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

Question # 5

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

Question # 6

Purchasing power theory of foreign exchange was given by.

Question # 7

The demand for foreign exchange comes when.

Question # 8

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

Question # 9

What is the number of members in the management body of ZTBL

Question # 10

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

Question # 11

The rate which keeps the balance of payment in equilibrium.

Question # 12

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

Question # 13

The supply of foreign exchange arises when.

Question # 14

PICIC was established as

Question # 15

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

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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 was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
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 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
4 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
5 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
6 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
7 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
8 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
9 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
10 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these

Test Questions