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 were the Pakistani banks nationalized:

Question # 2

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

Question # 3

When was PICIC established

Question # 4

Methods for making foreign payments includes.

Question # 5

The main objectives of foreign exchange control are.

Question # 6

The various kinds of exchange rate includes.

Question # 7

When was ADBP established

Question # 8

What is the name of central bank of Pakistan

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

ZTBL issues the loans for:

Question # 14

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

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 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
2 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
3 These thories of foreign exchange rate include.
A. Mint par parity theory
B. Ppurchasing power theory.
C. Botha a and b
D. All of these
4 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
5 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
6 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
7 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
8 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
9 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
10 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952

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