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

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

Question # 3

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

Question # 4

Purchasing power theory of foreign exchange was presented in.

Question # 5

What is the name of central bank of Pakistan

Question # 6

When the State Bank of Pakistan came into existence

Question # 7

When were the Pakistani banks nationalized:

Question # 8

What was the capital of State bank of Pakistan at the time of establishment

Question # 9

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

Question # 10

The main objectives of foreign exchange control are.

Question # 11

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

Question # 12

Purchasing power theory of foreign exchange was given by.

Question # 13

The rate which keeps the balance of payment in equilibrium.

Question # 14

Which of the following industry is financed by PICIC

Question # 15

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

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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 supply of foreign exchange arises when.
A. Goods are exported
B. Students comes of country
C. Sale of Foreign securities
D. All of these
2 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
3 What was the capital of State bank of Pakistan at the time of establishment
A. 30 millions
B. 300 millions
C. 30 billions
D. 300 billions
4 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
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 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 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
8 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
9 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
10 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

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