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

What % of shares of IDBP was held by the Govt. at the time of its establishment:

Question # 2

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

Question # 3

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

Question # 4

When were the Pakistani banks nationalized:

Question # 5

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

Question # 6

When the State Bank of Pakistan came into existence

Question # 7

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

Question # 8

ZTBL issues the loans for:

Question # 9

When was the National Bank Of Pkaistan established:

Question # 10

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

Question # 11

PICIC was established as

Question # 12

Methods for making foreign payments includes.

Question # 13

What is the name of central bank of Pakistan

Question # 14

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

Question # 15

Where is the head office of IDBP:

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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 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
2 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
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 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
5 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
6 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
7 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
8 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
9 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
10 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7

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