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 method which is mostly use in making foreign payments are.

Question # 2

Where is the head office of IDBP:

Question # 3

What is the number of members in the management body of ZTBL

Question # 4

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

Question # 5

When was ADBP established

Question # 6

When was PICIC established

Question # 7

The various kinds of exchange rate includes.

Question # 8

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

Question # 9

The market where foreign moneys are bought and sold is.

Question # 10

Which of the following industry is financed by PICIC

Question # 11

PICIC was established as

Question # 12

The demand for foreign exchange comes when.

Question # 13

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

Question # 14

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

Question # 15

What is the name of central bank of Pakistan

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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 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
2 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
3 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
4 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
5 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
6 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
7 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
8 The method which is mostly use in making foreign payments are.
A. Telegraphic transfer
B. Foreign bill of exchange
C. By post
D. All of these
9 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
10 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif

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