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

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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12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 14 (Banking system in Pakistan)

Sr. # Questions Answers Choice
1 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
2 What is the number of members in the managements body of PICIC
  • A. 12
  • B. 21
  • C. 5
  • D. 7
3 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
4 When was ADBP established
  • A. 1957
  • B. 1961
  • C. 1963
  • D. 1965
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 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
  • A. Statement
  • B. License
  • C. Certificate
  • D. All the above
7 What % of shares of IDBP was held by the Govt. at the time of its establishment:
  • A. 49%
  • B. 50%
  • C. 51%
  • D. 55%
8 The statement of Pakistan was inaugurated by:
  • A. Liaqat-Ali-Khan
  • B. Abdul-Rub-Nishar
  • C. Quaid-e-Azam
  • D. Nawaz-Sharif
9 The rate which keeps the balance of payment in equilibrium.
  • A. Equilibrium rate
  • B. Foreign exchange rate
  • C. Currency Rate
  • D. Dollar rate
10 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

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

R

Rabia Sohail

Lahore11 - Jul - 2025

8/15
03 Mins 18 Sec

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