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

Which of the following industry is financed by PICIC

Question # 3

Purchasing power theory of foreign exchange was presented in.

Question # 4

PICIC was established as

Question # 5

Where is the head office of IDBP:

Question # 6

ZTBL issues the loans for:

Question # 7

The demand for foreign exchange comes when.

Question # 8

When ADFC came into existence

Question # 9

Which of the following institution was converted into IDBP:

Question # 10

When the State Bank of Pakistan came into existence

Question # 11

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

Question # 12

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

Question # 13

Purchasing power theory of foreign exchange was given by.

Question # 14

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

Question # 15

The market where foreign moneys are bought and sold is.

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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 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
2 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
3 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
4 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
5 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
6 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
7 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
8 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
9 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
10 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these

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