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

When the State Bank of Pakistan came into existence

Question # 2

When ADFC came into existence

Question # 3

The main objectives of foreign exchange control are.

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

The rate which keeps the balance of payment in equilibrium.

Question # 8

When was ADBP established

Question # 9

The demand for foreign exchange comes when.

Question # 10

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

Question # 11

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

Question # 12

When were the Pakistani banks nationalized:

Question # 13

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

Question # 14

These thories of foreign exchange rate include.

Question # 15

ZTBL issues the loans for:

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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 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
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 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
4 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
5 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
6 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
7 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
8 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
9 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
10 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these

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