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

Question # 2

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

Question # 3

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

Question # 4

The supply of foreign exchange arises when.

Question # 5

These thories of foreign exchange rate include.

Question # 6

When the State Bank of Pakistan came into existence

Question # 7

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

Question # 8

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

Question # 9

Purchasing power theory of foreign exchange was given by.

Question # 10

The statement of Pakistan was inaugurated by:

Question # 11

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

Question # 12

Methods for making foreign payments includes.

Question # 13

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

Question # 14

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

Question # 15

The various kinds of exchange rate includes.

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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 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
2 Which one of the following is not the preference of state bank of Pakistan
A. Expansion in banking system
B. Control over the supply of money
C. Equal distribution of credit
D. To earn maximum profit
3 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
4 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
5 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
6 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
7 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
8 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
9 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
10 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12

Test Questions

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