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 main objectives of foreign exchange control are.

Question # 2

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

Question # 3

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

Question # 4

When was PICIC established

Question # 5

When ADFC came into existence

Question # 6

When were the Pakistani banks nationalized:

Question # 7

The statement of Pakistan was inaugurated by:

Question # 8

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

Question # 9

The supply of foreign exchange arises when.

Question # 10

Methods for making foreign payments includes.

Question # 11

The rate which keeps the balance of payment in equilibrium.

Question # 12

Where is the head office of IDBP:

Question # 13

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

Question # 14

The various kinds of exchange rate includes.

Question # 15

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

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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 method which is mostly use in making foreign payments are.
A. Telegraphic transfer
B. Foreign bill of exchange
C. By post
D. All of these
2 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
3 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
4 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
5 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
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 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
8 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
9 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
10 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

Test Questions

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