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

Which of the following institution was converted into IDBP:

Question # 2

The supply of foreign exchange arises when.

Question # 3

PICIC was established as

Question # 4

The rate which keeps the balance of payment in equilibrium.

Question # 5

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

Question # 6

The market where foreign moneys are bought and sold is.

Question # 7

ZTBL issues the loans for:

Question # 8

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

Question # 9

What is the name of central bank of Pakistan

Question # 10

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

Question # 11

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

Question # 12

A mechanism by which international indebtedness is settle dbetween one country and another.

Question # 13

The demand for foreign exchange comes when.

Question # 14

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

Question # 15

The various kinds of exchange rate includes.

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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 statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
2 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
3 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
4 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
5 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
6 The method which is mostly use in making foreign payments are.
A. Telegraphic transfer
B. Foreign bill of exchange
C. By post
D. All of these
7 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
8 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
9 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
10 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these

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