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14th Chapter

12th Principles of Banking Chapter 14 Test

Here you can prepare 12th Class Principles of Banking Chapter 14 Banking system in Pakistan Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 14 online mcq test with answers for ICom part 2 Principle of Banking Chapter 14 (Banking system in Pakistan)

This online test contains MCQs about following topics:

. Banking system of Pakistan and its elements . Nationalization of banks . Privatization of banks . Pakistan's important . Financial institutions

ICOM Part 2 Banking Ch 14 Test
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12th class Principle of Banking chapter 14 online mcq test with answers for ICom part 2 Principle of Banking Chapter 14 (Banking system in Pakistan)

Sr. # Questions Answers Choice
1 The supply of foreign exchange arises when.
  • A. Goods are exported
  • B. Students comes of country
  • C. Sale of Foreign securities
  • D. All of these
2 A mechanism by which international indebtedness is settle dbetween one country and another.
  • A. Indebtedness
  • B. Foreign Debts
  • C. Foreign exchange
  • D. All these
3 The method which is mostly use in making foreign payments are.
  • A. Telegraphic transfer
  • B. Foreign bill of exchange
  • C. By post
  • D. All of these
4 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
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 PICIC was established as
  • A. Private company
  • B. Limited company
  • C. Partnership
  • D. None of 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 Sate Bank of Pakistan advises the federal and provincial governments on following matter
  • A. Administrative
  • B. Financial
  • C. Political
  • D. All the above
9 Decrease in the value of home currency as compare to foreign currency.
  • A. Inflation
  • B. Devalution
  • C. Deflation
  • D. All these
10 When was ADBP established
  • A. 1957
  • B. 1961
  • C. 1963
  • D. 1965

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test

A

Aisha Imtiaz

Lahore02 - Mar - 2024

11/15
03 Mins 23 Sec

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