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

The statement of Pakistan was inaugurated by:

Question # 2

When ADFC came into existence

Question # 3

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

Question # 4

The demand for and supply of foreign exchange is regulated by.

Question # 5

The demand for foreign exchange comes when.

Question # 6

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

Question # 7

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

Question # 8

Which of the following industry is financed by PICIC

Question # 9

These thories of foreign exchange rate include.

Question # 10

Where is the head office of ZTBL

Question # 11

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

Question # 12

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

Question # 13

Which of the following institution was converted into IDBP:

Question # 14

The rate which keeps the balance of payment in equilibrium.

Question # 15

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

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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 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
2 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
3 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
4 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
5 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
6 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
7 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
8 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
9 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
10 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these

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