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

Where is the head office of IDBP:

Question # 3

The demand for foreign exchange comes when.

Question # 4

ZTBL issues the loans for:

Question # 5

The main objectives of foreign exchange control are.

Question # 6

The rate which keeps the balance of payment in equilibrium.

Question # 7

When the State Bank of Pakistan came into existence

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

When was PICIC established

Question # 13

What is the name of central bank of Pakistan

Question # 14

The statement of Pakistan was inaugurated by:

Question # 15

When ADFC came into existence

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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 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
2 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
3 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
4 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
5 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
6 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
7 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
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 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
10 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

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