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 various kinds of exchange rate includes.

Question # 2

The market where foreign moneys are bought and sold is.

Question # 3

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

Question # 4

Purchasing power theory of foreign exchange was given by.

Question # 5

The supply of foreign exchange arises when.

Question # 6

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

Question # 7

These thories of foreign exchange rate include.

Question # 8

Which of the following institution was working before the establishment of ADBP

Question # 9

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

Question # 10

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

Question # 11

Which of the following institution was converted into IDBP:

Question # 12

The demand for foreign exchange comes when.

Question # 13

The statement of Pakistan was inaugurated by:

Question # 14

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

Question # 15

Purchasing power theory of foreign exchange was presented in.

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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 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
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 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
4 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
5 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
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 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
8 The instruments which are used in foreign receipts and payments called.
A. Letter of credit
B. Foreign debts
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 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961

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