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 was ADBP established

Question # 2

Where is the head office of ZTBL

Question # 3

The statement of Pakistan was inaugurated by:

Question # 4

Purchasing power theory of foreign exchange was given by.

Question # 5

ZTBL issues the loans for:

Question # 6

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

Question # 7

The rate which keeps the balance of payment in equilibrium.

Question # 8

Which of the following industry is financed by PICIC

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

Methods for making foreign payments includes.

Question # 13

Purchasing power theory of foreign exchange was presented in.

Question # 14

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

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 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
2 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
3 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
4 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
5 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
6 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
7 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
8 When the demand of any county's currency increses than the rate of exchange becomes.
A. Unfavorable
B. Favorable
C. Equilibrium
D. None of these
9 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
10 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952

Test Questions

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