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 the State Bank of Pakistan came into existence

Question # 2

These thories of foreign exchange rate include.

Question # 3

The supply of foreign exchange arises when.

Question # 4

Where is the head office of IDBP:

Question # 5

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

Question # 6

Which of the following institution was converted into IDBP:

Question # 7

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

Question # 8

The main objectives of foreign exchange control are.

Question # 9

Methods for making foreign payments includes.

Question # 10

When was PICIC established

Question # 11

Purchasing power theory of foreign exchange was presented in.

Question # 12

What is the name of central bank of Pakistan

Question # 13

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

Question # 14

The demand for and supply of foreign exchange is regulated by.

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 ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
2 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
3 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
4 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
5 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
6 For how many years the governor of State Bank of Pakistan is appointed:
A. 3 years
B. 7 years
C. 10 years
D. None of the above
7 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
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 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 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these

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