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

When was ADBP established

Question # 2

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

Question # 3

What is the name of central bank of Pakistan

Question # 4

Methods for making foreign payments includes.

Question # 5

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

Question # 6

The market where foreign moneys are bought and sold is.

Question # 7

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

Question # 8

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

Question # 9

The statement of Pakistan was inaugurated by:

Question # 10

These thories of foreign exchange rate include.

Question # 11

The rate which keeps the balance of payment in equilibrium.

Question # 12

The main objectives of foreign exchange control are.

Question # 13

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

Question # 14

ZTBL issues the loans for:

Question # 15

Where is the head office of ZTBL

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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 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
2 For how many years the governor of State Bank of Pakistan is appointed:
A. 3 years
B. 7 years
C. 10 years
D. None of the above
3 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
4 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
5 Which of the following institution was converted into IDBP:
A. Pakistan industrial finance corporation
B. Pakistan investment corporation
C. Industrial bank
D. Pakistan industrial and credit investment corporation
6 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
7 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
8 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
9 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
10 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7

Test Questions

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