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

Question # 2

Methods for making foreign payments includes.

Question # 3

Which of the following industry is financed by PICIC

Question # 4

What % of shares of IDBP was held by the Govt. at the time of its establishment:

Question # 5

When was PICIC established

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

When ADFC came into existence

Question # 13

When was ADBP established

Question # 14

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

Question # 15

Purchasing power theory of foreign exchange was given by.

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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 number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
2 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
3 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
4 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
5 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
6 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
7 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
8 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
9 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
10 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these

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