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

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

Question # 2

Purchasing power theory of foreign exchange was given by.

Question # 3

The demand for and supply of foreign exchange is regulated by.

Question # 4

Where is the head office of ZTBL

Question # 5

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

Question # 6

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

Question # 7

Where is the head office of IDBP:

Question # 8

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

Question # 9

Methods for making foreign payments includes.

Question # 10

Which of the following institution was converted into IDBP:

Question # 11

When ADFC came into existence

Question # 12

Purchasing power theory of foreign exchange was presented in.

Question # 13

The supply of foreign exchange arises when.

Question # 14

These thories of foreign exchange rate include.

Question # 15

What is the number of members in the management body 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 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
2 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
3 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
4 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
5 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
6 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
7 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
8 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
9 Which of the following institution was working before the establishment of ADBP
A. Agricultural development finance corporation
B. Agricultural development bank
C. Both a and b
D. None of the above
10 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these

Test Questions