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

Methods for making foreign payments includes.

Question # 2

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

Question # 3

The statement of Pakistan was inaugurated by:

Question # 4

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

Question # 5

When ADFC came into existence

Question # 6

Which of the following institution was converted into IDBP:

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

When was the National Bank Of Pkaistan established:

Question # 12

Purchasing power theory of foreign exchange was given by.

Question # 13

What % of shares of IDBP was held by the Govt. at the time of its establishment:

Question # 14

When the State Bank of Pakistan came into existence

Question # 15

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

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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 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
2 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
3 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
4 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
5 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
6 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
7 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
8 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
9 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
10 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12

Test Questions

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