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 were the Pakistani banks nationalized:

Question # 2

The supply of foreign exchange arises when.

Question # 3

Purchasing power theory of foreign exchange was given by.

Question # 4

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

Question # 5

Which of the following institution was converted into IDBP:

Question # 6

Purchasing power theory of foreign exchange was presented in.

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

The rate which keeps the balance of payment in equilibrium.

Question # 11

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

Question # 12

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

Question # 13

Sate Bank of Pakistan advises the federal and provincial governments on following matter

Question # 14

The main objectives of foreign exchange control are.

Question # 15

When was the National Bank Of Pkaistan established:

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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 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
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 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
4 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
5 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
6 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
7 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
8 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
9 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
10 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%

Test Questions

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