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

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

Question # 2

ZTBL issues the loans for:

Question # 3

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

Question # 4

Where is the head office of IDBP:

Question # 5

When the State Bank of Pakistan came into existence

Question # 6

When ADFC came into existence

Question # 7

When were the Pakistani banks nationalized:

Question # 8

When was the National Bank Of Pkaistan established:

Question # 9

The statement of Pakistan was inaugurated by:

Question # 10

The various kinds of exchange rate includes.

Question # 11

Which of the following institution was working before the establishment of ADBP

Question # 12

Methods for making foreign payments includes.

Question # 13

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

Question # 14

The rate which keeps the balance of payment in equilibrium.

Question # 15

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

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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 various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
2 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
3 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
4 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
5 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
6 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
7 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
8 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
9 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
10 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these

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