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

Purchasing power theory of foreign exchange was presented in.

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

When was the National Bank Of Pkaistan established:

Question # 6

The exchange of one country's currency for another foreign currency.

Question # 7

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

Question # 8

When was PICIC established

Question # 9

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

Question # 10

Methods for making foreign payments includes.

Question # 11

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

Question # 12

The market where foreign moneys are bought and sold is.

Question # 13

The supply of foreign exchange arises when.

Question # 14

Which of the following industry is financed by PICIC

Question # 15

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

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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 For how many years the governor of State Bank of Pakistan is appointed:
A. 3 years
B. 7 years
C. 10 years
D. None of the above
2 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
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 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
5 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
6 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
7 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
8 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
9 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
10 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these

Test Questions

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