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

When was PICIC established

Question # 2

PICIC was established as

Question # 3

Where is the head office of ZTBL

Question # 4

ZTBL issues the loans for:

Question # 5

The demand for foreign exchange comes when.

Question # 6

The supply of foreign exchange arises when.

Question # 7

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

Question # 8

The market where foreign moneys are bought and sold is.

Question # 9

These thories of foreign exchange rate include.

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

Where is the head office of IDBP:

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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 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
2 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
3 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
4 Which one of the following is not the preference of state bank of Pakistan
A. Expansion in banking system
B. Control over the supply of money
C. Equal distribution of credit
D. To earn maximum profit
5 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
6 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
7 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
8 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
9 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
10 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952

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