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

Question # 2

When the demand of any county's currency increses than the rate of exchange becomes.

Question # 3

The rate which keeps the balance of payment in equilibrium.

Question # 4

Where is the head office of ZTBL

Question # 5

Which of the following institution was converted into IDBP:

Question # 6

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

Question # 7

PICIC was established as

Question # 8

When the State Bank of Pakistan came into existence

Question # 9

Methods for making foreign payments includes.

Question # 10

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

Question # 11

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

Question # 12

When were the Pakistani banks nationalized:

Question # 13

The market where foreign moneys are bought and sold is.

Question # 14

What is the name of central bank of Pakistan

Question # 15

When was ADBP established

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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 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 % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
3 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
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 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
6 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
7 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
8 Which one of the following is not the preference of state bank of Pakistan
A. Expansion in banking system
B. Control over the supply of money
C. Equal distribution of credit
D. To earn maximum profit
9 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
10 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970

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