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

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

Question # 2

PICIC was established as

Question # 3

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

Question # 4

When was PICIC established

Question # 5

When were the Pakistani banks nationalized:

Question # 6

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

Question # 7

Methods for making foreign payments includes.

Question # 8

The main objectives of foreign exchange control are.

Question # 9

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

Question # 10

When was ADBP established

Question # 11

The statement of Pakistan was inaugurated by:

Question # 12

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

Question # 13

These thories of foreign exchange rate include.

Question # 14

Where is the head office of ZTBL

Question # 15

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

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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 various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
2 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
3 When the demand of any county's currency increses than the rate of exchange becomes.
A. Unfavorable
B. Favorable
C. Equilibrium
D. None of these
4 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
5 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
6 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
7 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
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 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
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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