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

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

Question # 2

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

Question # 3

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

Question # 4

Where is the head office of ZTBL

Question # 5

When was PICIC established

Question # 6

When was the National Bank Of Pkaistan established:

Question # 7

The supply of foreign exchange arises when.

Question # 8

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

Question # 9

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

Question # 10

Where is the head office of IDBP:

Question # 11

The main objectives of foreign exchange control are.

Question # 12

The statement of Pakistan was inaugurated by:

Question # 13

What was the capital of State bank of Pakistan at the time of establishment

Question # 14

PICIC was established as

Question # 15

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

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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 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
2 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
3 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
4 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
5 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
6 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
7 Which of the following industry is financed by PICIC
A. Depends upon local raw material
B. Manufactures export goods
C. Establishes under national development program
D. All the above
8 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
9 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
10 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

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