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

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

Question # 2

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

Question # 3

The demand for foreign exchange comes when.

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

When was the National Bank Of Pkaistan established:

Question # 8

The market where foreign moneys are bought and sold is.

Question # 9

ZTBL issues the loans for:

Question # 10

When was ADBP established

Question # 11

PICIC was established as

Question # 12

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

Question # 13

When was PICIC established

Question # 14

When ADFC came into existence

Question # 15

The main objectives of foreign exchange control are.

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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 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
3 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
4 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
5 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
6 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
7 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
8 Which of the following institution was working before the establishment of ADBP
A. Agricultural development finance corporation
B. Agricultural development bank
C. Both a and b
D. None of the above
9 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All 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