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

When the demand of any county's currency increses than the rate of exchange becomes.

Question # 2

Where is the head office of ZTBL

Question # 3

Where is the head office of IDBP:

Question # 4

PICIC was established as

Question # 5

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

Question # 6

State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange

Question # 7

The various kinds of exchange rate includes.

Question # 8

When ADFC came into existence

Question # 9

When were the Pakistani banks nationalized:

Question # 10

When was PICIC established

Question # 11

The statement of Pakistan was inaugurated by:

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

The main objectives of foreign exchange control are.

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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 is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
4 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of 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 These thories of foreign exchange rate include.
A. Mint par parity theory
B. Ppurchasing power theory.
C. Botha a and b
D. All of these
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 market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
9 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
10 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

Test Questions

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