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 ADFC came into existence

Question # 2

The rate which keeps the balance of payment in equilibrium.

Question # 3

Where is the head office of IDBP:

Question # 4

Which of the following industry is financed by PICIC

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

When was ADBP established

Question # 9

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

Question # 10

The market where foreign moneys are bought and sold is.

Question # 11

When was the National Bank Of Pkaistan established:

Question # 12

Purchasing power theory of foreign exchange was presented in.

Question # 13

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

Question # 14

The statement of Pakistan was inaugurated by:

Question # 15

Purchasing power theory of foreign exchange was given 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 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
2 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
3 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
4 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
5 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
6 When the demand of any county's currency increses than the rate of exchange becomes.
A. Unfavorable
B. Favorable
C. Equilibrium
D. None of these
7 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
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 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
10 Which of the following institution was converted into IDBP:
A. Pakistan industrial finance corporation
B. Pakistan investment corporation
C. Industrial bank
D. Pakistan industrial and credit investment corporation

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