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

Methods for making foreign payments includes.

Question # 2

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

Question # 3

The main objectives of foreign exchange control are.

Question # 4

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

Question # 5

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

Question # 6

PICIC was established as

Question # 7

Purchasing power theory of foreign exchange was given by.

Question # 8

When was PICIC established

Question # 9

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

Question # 10

ZTBL issues the loans for:

Question # 11

When were the Pakistani banks nationalized:

Question # 12

Which of the following industry is financed by PICIC

Question # 13

The statement of Pakistan was inaugurated by:

Question # 14

The market where foreign moneys are bought and sold is.

Question # 15

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

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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 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
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 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
4 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
5 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
6 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
7 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
8 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
9 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
10 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these

Test Questions

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