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 PICIC established

Question # 2

What is the name of central bank of Pakistan

Question # 3

Where is the head office of ZTBL

Question # 4

ZTBL issues the loans for:

Question # 5

Purchasing power theory of foreign exchange was given by.

Question # 6

These thories of foreign exchange rate include.

Question # 7

The market where foreign moneys are bought and sold is.

Question # 8

The statement of Pakistan was inaugurated by:

Question # 9

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

Question # 10

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

Question # 11

The supply of foreign exchange arises when.

Question # 12

Which of the following industry is financed by PICIC

Question # 13

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

Question # 14

Purchasing power theory of foreign exchange was presented in.

Question # 15

Decrease in the value of home currency as compare to foreign currency.

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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 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
2 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
3 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
4 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
5 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
6 What was the capital of State bank of Pakistan at the time of establishment
A. 30 millions
B. 300 millions
C. 30 billions
D. 300 billions
7 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
8 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
9 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
10 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965

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