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

Where is the head office of ZTBL

Question # 2

The demand for foreign exchange comes when.

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

Which of the following institution was converted into IDBP:

Question # 9

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

Question # 10

The rate which keeps the balance of payment in equilibrium.

Question # 11

What is the name of central bank of Pakistan

Question # 12

Which of the following industry is financed by PICIC

Question # 13

When the State Bank of Pakistan came into existence

Question # 14

When was ADBP established

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 market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
2 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
3 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
4 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
5 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
6 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
7 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
8 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
9 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
10 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above

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