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

What is the name of central bank of Pakistan

Question # 2

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

Question # 3

Where is the head office of IDBP:

Question # 4

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

Question # 5

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

Question # 6

Which of the following institution was converted into IDBP:

Question # 7

The statement of Pakistan was inaugurated by:

Question # 8

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

Question # 9

PICIC was established as

Question # 10

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

Question # 11

Which of the following institution was working before the establishment of ADBP

Question # 12

The demand for foreign exchange comes when.

Question # 13

Purchasing power theory of foreign exchange was given by.

Question # 14

When ADFC came into existence

Question # 15

Purchasing power theory of foreign exchange was presented in.

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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 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
2 The instruments which are used in foreign receipts and payments called.
A. Letter of credit
B. Foreign debts
C. Foreign exchange
D. None of these
3 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
4 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
5 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
6 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
7 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
8 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
9 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
10 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951

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