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

ZTBL issues the loans for:

Question # 2

The supply of foreign exchange arises when.

Question # 3

When was PICIC established

Question # 4

What is the name of central bank of Pakistan

Question # 5

The market where foreign moneys are bought and sold is.

Question # 6

The main objectives of foreign exchange control are.

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

When was ADBP established

Question # 13

Purchasing power theory of foreign exchange was presented in.

Question # 14

State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange

Question # 15

These thories of foreign exchange rate include.

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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 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
2 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
3 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
4 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
5 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
6 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
7 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
8 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
9 Which of the following industry is financed by PICIC
A. Depends upon local raw material
B. Manufactures export goods
C. Establishes under national development program
D. All the above
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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