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

These thories of foreign exchange rate include.

Question # 2

When did the National Bank start its functions as the agent of SBP:

Question # 3

Purchasing power theory of foreign exchange was given by.

Question # 4

The rate which keeps the balance of payment in equilibrium.

Question # 5

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

Question # 6

When was the National Bank Of Pkaistan established:

Question # 7

Which of the following industry is financed by PICIC

Question # 8

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

Question # 9

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

Question # 10

PICIC was established as

Question # 11

When the State Bank of Pakistan came into existence

Question # 12

The various kinds of exchange rate includes.

Question # 13

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

Question # 14

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

Question # 15

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

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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 was the capital of State bank of Pakistan at the time of establishment
A. 30 millions
B. 300 millions
C. 30 billions
D. 300 billions
2 What is the name of central bank of Pakistan
A. State Bank of Pakistan
B. National Bank of Pakistan
C. Bank of Pakistan
D. Habib Bank Limited
3 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
4 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
5 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
6 The supply of foreign exchange arises when.
A. Goods are exported
B. Students comes of country
C. Sale of Foreign securities
D. All of these
7 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
8 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
9 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
10 These thories of foreign exchange rate include.
A. Mint par parity theory
B. Ppurchasing power theory.
C. Botha a and b
D. All of these

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