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

Where is the head office of ZTBL

Question # 2

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

Question # 3

The rate which keeps the balance of payment in equilibrium.

Question # 4

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

Question # 5

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

Question # 6

When was ADBP established

Question # 7

The main objectives of foreign exchange control are.

Question # 8

The market where foreign moneys are bought and sold is.

Question # 9

Which of the following institution was converted into IDBP:

Question # 10

When the State Bank of Pakistan came into existence

Question # 11

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

Question # 12

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

Question # 13

PICIC was established as

Question # 14

These thories of foreign exchange rate include.

Question # 15

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

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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 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
2 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
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 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
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 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
7 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
8 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
9 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
10 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these

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