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

What is the number of members in the managements body of PICIC

Question # 2

When were the Pakistani banks nationalized:

Question # 3

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

Question # 4

These thories of foreign exchange rate include.

Question # 5

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

Question # 6

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

Question # 7

When was ADBP established

Question # 8

The market where foreign moneys are bought and sold is.

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

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

Question # 14

Where is the head office of ZTBL

Question # 15

When was the National Bank Of Pkaistan established:

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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 demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
2 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
3 Which of the following industry is financed by PICIC
A. Depends upon local raw material
B. Manufactures export goods
C. Establishes under national development program
D. All the above
4 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
5 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
6 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
7 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
8 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
9 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
10 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these

Test Questions