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 main objectives of foreign exchange control are.

Question # 4

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

Question # 5

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

Question # 6

Where is the head office of IDBP:

Question # 7

When was PICIC established

Question # 8

These thories of foreign exchange rate include.

Question # 9

Purchasing power theory of foreign exchange was given by.

Question # 10

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

Question # 11

Methods for making foreign payments includes.

Question # 12

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

Question # 13

The rate which keeps the balance of payment in equilibrium.

Question # 14

When the State Bank of Pakistan came into existence

Question # 15

For how many years the governor of State Bank of Pakistan is appointed:

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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 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
3 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
4 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
5 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
6 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
7 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
8 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
9 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
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%

Test Questions

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