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

These thories of foreign exchange rate include.

Question # 2

Which of the following industry is financed by PICIC

Question # 3

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

Question # 4

When ADFC came into existence

Question # 5

The market where foreign moneys are bought and sold is.

Question # 6

What is the name of central bank of Pakistan

Question # 7

PICIC was established as

Question # 8

Which of the following institution was converted into IDBP:

Question # 9

When was ADBP established

Question # 10

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

Question # 11

For how many years the governor of State Bank of Pakistan is appointed:

Question # 12

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

Question # 13

The rate which keeps the balance of payment in equilibrium.

Question # 14

The supply of foreign exchange arises when.

Question # 15

When were the Pakistani banks nationalized:

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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 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
2 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
3 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
4 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
5 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
6 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
7 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
8 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
9 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
10 The method which is mostly use in making foreign payments are.
A. Telegraphic transfer
B. Foreign bill of exchange
C. By post
D. All of these

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