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

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

Question # 2

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

Question # 3

When was the National Bank Of Pkaistan established:

Question # 4

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

Question # 5

Which of the following institution was working before the establishment of ADBP

Question # 6

When ADFC came into existence

Question # 7

Purchasing power theory of foreign exchange was given by.

Question # 8

Where is the head office of IDBP:

Question # 9

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

Question # 10

The main objectives of foreign exchange control are.

Question # 11

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

Question # 12

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

Question # 13

PICIC was established as

Question # 14

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

Question # 15

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

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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 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
3 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
4 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
5 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
6 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
7 When the demand of any county's currency increses than the rate of exchange becomes.
A. Unfavorable
B. Favorable
C. Equilibrium
D. None of these
8 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
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 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

Test Questions