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 supply of foreign exchange arises when.

Question # 2

When was PICIC established

Question # 3

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

Question # 4

Methods for making foreign payments includes.

Question # 5

The various kinds of exchange rate includes.

Question # 6

Where is the head office of ZTBL

Question # 7

Which of the following industry is financed by PICIC

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

The demand for foreign exchange comes when.

Question # 12

When ADFC came into existence

Question # 13

The statement of Pakistan was inaugurated by:

Question # 14

ZTBL issues the loans for:

Question # 15

These thories of foreign exchange rate include.

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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 demand of any county's currency increses than the rate of exchange becomes.
A. Unfavorable
B. Favorable
C. Equilibrium
D. None of these
2 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
3 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
4 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
5 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
6 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
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 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
9 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
10 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above

Test Questions

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