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

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

Question # 2

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

Question # 3

Where is the head office of ZTBL

Question # 4

What is the name of central bank of Pakistan

Question # 5

What was the capital of State bank of Pakistan at the time of establishment

Question # 6

PICIC was established as

Question # 7

The market where foreign moneys are bought and sold is.

Question # 8

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

Question # 9

Purchasing power theory of foreign exchange was presented in.

Question # 10

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

Question # 11

Methods for making foreign payments includes.

Question # 12

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

Question # 13

The supply of foreign exchange arises when.

Question # 14

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

Question # 15

The exchange of one country's currency for another foreign currency.

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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 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
2 Which of the following industry is financed by PICIC
A. Depends upon local raw material
B. Manufactures export goods
C. Establishes under national development program
D. All the above
3 For how many years the governor of State Bank of Pakistan is appointed:
A. 3 years
B. 7 years
C. 10 years
D. None of the above
4 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
5 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
6 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
7 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
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 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
10 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970

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