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 method which is mostly use in making foreign payments are.

Question # 2

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

Question # 3

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

Question # 4

The main objectives of foreign exchange control are.

Question # 5

When the State Bank of Pakistan came into existence

Question # 6

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

Question # 7

When ADFC came into existence

Question # 8

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

Question # 9

The rate which keeps the balance of payment in equilibrium.

Question # 10

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

Question # 11

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

Question # 12

These thories of foreign exchange rate include.

Question # 13

Purchasing power theory of foreign exchange was presented in.

Question # 14

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

Question # 15

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

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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 was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
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 main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
4 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
5 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
6 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
7 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
8 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
9 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
10 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

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