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

PICIC was established as

Question # 2

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

Question # 3

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

Question # 4

What is the name of central bank of Pakistan

Question # 5

The various kinds of exchange rate includes.

Question # 6

When the State Bank of Pakistan came into existence

Question # 7

Which of the following institution was converted into IDBP:

Question # 8

The rate which keeps the balance of payment in equilibrium.

Question # 9

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

Question # 10

Where is the head office of ZTBL

Question # 11

When was the National Bank Of Pkaistan established:

Question # 12

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

Question # 13

Purchasing power theory of foreign exchange was given by.

Question # 14

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

Question # 15

Purchasing power theory of foreign exchange was presented in.

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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 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
2 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
3 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
4 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
5 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
6 The supply of foreign exchange arises when.
A. Goods are exported
B. Students comes of country
C. Sale of Foreign securities
D. All of these
7 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
8 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
9 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
10 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970

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