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 statement of Pakistan was inaugurated by:

Question # 2

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

Question # 3

Which of the following industry is financed by PICIC

Question # 4

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

Question # 5

The rate which keeps the balance of payment in equilibrium.

Question # 6

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

Question # 7

Which of the following institution was converted into IDBP:

Question # 8

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

Question # 9

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

Question # 10

When was ADBP established

Question # 11

Methods for making foreign payments includes.

Question # 12

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

Question # 13

What is the name of central bank of Pakistan

Question # 14

Purchasing power theory of foreign exchange was given by.

Question # 15

Where is the head office of ZTBL

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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 rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
2 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
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 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
5 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
6 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
7 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
8 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
9 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
10 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965

Test Questions

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