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

PICIC was established as

Question # 2

When was ADBP established

Question # 3

When was the National Bank Of Pkaistan established:

Question # 4

The demand for foreign exchange comes when.

Question # 5

The rate which keeps the balance of payment in equilibrium.

Question # 6

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

Question # 7

When were the Pakistani banks nationalized:

Question # 8

When the State Bank of Pakistan came into existence

Question # 9

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

Question # 10

A mechanism by which international indebtedness is settle dbetween one country and another.

Question # 11

The statement of Pakistan was inaugurated by:

Question # 12

When ADFC came into existence

Question # 13

Purchasing power theory of foreign exchange was given by.

Question # 14

Which of the following industry is financed by PICIC

Question # 15

The various kinds of exchange rate includes.

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
2 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
3 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
4 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
5 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
6 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
7 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
8 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
9 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
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

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