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 instruments which are used in foreign receipts and payments called.

Question # 2

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

Question # 3

The demand for foreign exchange comes when.

Question # 4

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

Question # 5

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

Question # 6

What is the name of central bank of Pakistan

Question # 7

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

Question # 8

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

Question # 9

The rate which keeps the balance of payment in equilibrium.

Question # 10

Which of the following industry is financed by PICIC

Question # 11

Where is the head office of IDBP:

Question # 12

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

Question # 13

ZTBL issues the loans for:

Question # 14

The supply of foreign exchange arises when.

Question # 15

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

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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 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
3 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
4 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
5 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
6 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
7 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
8 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
9 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
10 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif

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