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

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

Question # 2

When ADFC came into existence

Question # 3

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

Question # 4

When were the Pakistani banks nationalized:

Question # 5

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

Question # 6

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

Question # 7

The statement of Pakistan was inaugurated by:

Question # 8

Where is the head office of ZTBL

Question # 9

These thories of foreign exchange rate include.

Question # 10

When was PICIC established

Question # 11

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

Question # 12

The supply of foreign exchange arises when.

Question # 13

When was the National Bank Of Pkaistan established:

Question # 14

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

Question # 15

When the State Bank of Pakistan came into existence

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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 the demand of any county's currency increses than the rate of exchange becomes.
A. Unfavorable
B. Favorable
C. Equilibrium
D. None of these
2 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
3 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
4 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
5 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
6 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
7 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
8 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
9 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
10 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12

Test Questions