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

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

Question # 2

Purchasing power theory of foreign exchange was presented in.

Question # 3

These thories of foreign exchange rate include.

Question # 4

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

Question # 5

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

Question # 6

When was ADBP established

Question # 7

Methods for making foreign payments includes.

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

When the State Bank of Pakistan came into existence

Question # 13

Purchasing power theory of foreign exchange was given by.

Question # 14

Where is the head office of IDBP:

Question # 15

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

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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 did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
2 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
3 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
4 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
5 When the demand of any county's currency increses than the rate of exchange becomes.
A. Unfavorable
B. Favorable
C. Equilibrium
D. None of these
6 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
7 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
8 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
9 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
10 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate

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