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 main objectives of foreign exchange control are.

Question # 2

The statement of Pakistan was inaugurated by:

Question # 3

Where is the head office of IDBP:

Question # 4

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

Question # 5

The supply of foreign exchange arises when.

Question # 6

Where is the head office of ZTBL

Question # 7

The various kinds of exchange rate includes.

Question # 8

PICIC was established as

Question # 9

The rate which keeps the balance of payment in equilibrium.

Question # 10

When was the National Bank Of Pkaistan established:

Question # 11

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

Question # 12

When was PICIC established

Question # 13

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

Question # 14

Which of the following industry is financed by PICIC

Question # 15

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

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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 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
2 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
3 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
4 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
5 What is the name of central bank of Pakistan
A. State Bank of Pakistan
B. National Bank of Pakistan
C. Bank of Pakistan
D. Habib Bank Limited
6 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
7 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
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 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
10 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these

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