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

Start Chapter 14 Test

MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test"

Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test

00:00
Question # 1

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

Question # 2

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

Question # 3

Where is the head office of ZTBL

Question # 4

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

Question # 5

What is the number of members in the managements body of PICIC

Question # 6

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

Question # 7

The rate which keeps the balance of payment in equilibrium.

Question # 8

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

Question # 9

Purchasing power theory of foreign exchange was presented in.

Question # 10

The supply of foreign exchange arises when.

Question # 11

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

Question # 12

When ADFC came into existence

Question # 13

The market where foreign moneys are bought and sold is.

Question # 14

When the State Bank of Pakistan came into existence

Question # 15

ZTBL issues the loans for:

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test" MCQs Online With Answers


Topic Test

00:00

ICOM Part 2 English Medium Principles of Banking Chapter 14 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test" MCQ`s Test

  • M
    Mudassar zaman 01 - Dec - 2018 01 Min 07 Sec 15/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 01 Min 57 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 03 Min 04 Sec 15/15
  • Y
    Yggygygyb 17 - Jul - 2021 01 Min 17 Sec 14/15
  • A
    ADNAN 17 - Jul - 2021 01 Min 35 Sec 14/15
  • S
    Shehryar iqbal 16 - Jul - 2021 01 Min 36 Sec 14/15
  • S
    Saad 17 - Jul - 2021 01 Min 44 Sec 14/15
  • H
    Hassan Abid 22 - Jun - 2022 02 Min 06 Sec 14/15
  • S
    Saleem 07 - May - 2019 02 Min 35 Sec 14/15
  • S
    Saif 08 - May - 2018 02 Min 20 Sec 13/15
  • Z
    Zahra 07 - Apr - 2019 02 Min 54 Sec 13/15
  • M
    Mubashira 10 - Jul - 2021 00 Min 10 Sec 12/15
  • H
    Hassan Maqsood 26 - May - 2023 01 Min 31 Sec 12/15
  • T
    Tams 23 - Mar - 2021 01 Min 50 Sec 12/15
  • B
    Batool 01 - Dec - 2018 01 Min 50 Sec 12/15

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 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
3 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
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 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
6 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
7 The method which is mostly use in making foreign payments are.
A. Telegraphic transfer
B. Foreign bill of exchange
C. By post
D. All of these
8 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
9 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
10 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

Test Questions

Is this page helpful?