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

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

Question # 2

The rate which keeps the balance of payment in equilibrium.

Question # 3

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

Question # 4

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

Question # 5

The demand for foreign exchange comes when.

Question # 6

ZTBL issues the loans for:

Question # 7

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

Question # 8

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

Question # 9

When ADFC came into existence

Question # 10

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

Question # 11

When the State Bank of Pakistan came into existence

Question # 12

Methods for making foreign payments includes.

Question # 13

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

Question # 14

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

Question # 15

The main objectives of foreign exchange control are.

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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 instruments which are used in foreign receipts and payments called.
A. Letter of credit
B. Foreign debts
C. Foreign exchange
D. None of these
2 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
3 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
4 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
5 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
6 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
7 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
8 These thories of foreign exchange rate include.
A. Mint par parity theory
B. Ppurchasing power theory.
C. Botha a and b
D. All of these
9 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
10 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970

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