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

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

Question # 2

Which of the following institution was converted into IDBP:

Question # 3

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

Question # 4

Which one of the following is not the preference of state bank of Pakistan

Question # 5

The main objectives of foreign exchange control are.

Question # 6

When ADFC came into existence

Question # 7

Decrease in the value of home currency as compare to foreign currency.

Question # 8

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

Question # 9

The various kinds of exchange rate includes.

Question # 10

When the State Bank of Pakistan came into existence

Question # 11

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

Question # 12

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

Question # 13

When was ADBP established

Question # 14

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

Question # 15

When was PICIC established

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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 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
2 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
3 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
4 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
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 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
7 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
8 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
9 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
10 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these

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