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

Question # 2

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

Question # 3

When was ADBP established

Question # 4

PICIC was established as

Question # 5

The exchange of one country's currency for another foreign currency.

Question # 6

What is the name of central bank of Pakistan

Question # 7

When the demand of any county's currency increses than the rate of exchange becomes.

Question # 8

The rate which keeps the balance of payment in equilibrium.

Question # 9

What was the capital of State bank of Pakistan at the time of establishment

Question # 10

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

Question # 11

When was PICIC established

Question # 12

Purchasing power theory of foreign exchange was presented in.

Question # 13

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

Question # 14

ZTBL issues the loans for:

Question # 15

The supply of foreign exchange arises when.

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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 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
3 For how many years the governor of State Bank of Pakistan is appointed:
A. 3 years
B. 7 years
C. 10 years
D. None of the above
4 The instruments which are used in foreign receipts and payments called.
A. Letter of credit
B. Foreign debts
C. Foreign exchange
D. None of these
5 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
6 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
7 These thories of foreign exchange rate include.
A. Mint par parity theory
B. Ppurchasing power theory.
C. Botha a and b
D. All of these
8 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
9 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
10 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994

Test Questions

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