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 the National Bank Of Pkaistan established:

Question # 2

Purchasing power theory of foreign exchange was given by.

Question # 3

These thories of foreign exchange rate include.

Question # 4

ZTBL issues the loans for:

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

Which of the following institution was converted into IDBP:

Question # 11

When the State Bank of Pakistan came into existence

Question # 12

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

Question # 13

What is the name of central bank of Pakistan

Question # 14

When was PICIC established

Question # 15

Methods for making foreign payments includes.

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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 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
2 Which one of the following is not the preference of state bank of Pakistan
A. Expansion in banking system
B. Control over the supply of money
C. Equal distribution of credit
D. To earn maximum profit
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 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
5 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
6 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
7 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
8 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
9 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
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%

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