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

Start Chapter 14 Test

MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test"

Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test

00:00
Question # 1

Which of the following industry is financed by PICIC

Question # 2

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

Question # 3

Where is the head office of ZTBL

Question # 4

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

Question # 5

When was PICIC established

Question # 6

State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange

Question # 7

The rate which keeps the balance of payment in equilibrium.

Question # 8

PICIC was established as

Question # 9

Purchasing power theory of foreign exchange was given by.

Question # 10

Methods for making foreign payments includes.

Question # 11

The market where foreign moneys are bought and sold is.

Question # 12

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

Question # 13

Which of the following institution was converted into IDBP:

Question # 14

The main objectives of foreign exchange control are.

Question # 15

The demand for foreign exchange comes when.

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test" MCQs Online With Answers


Topic Test

00:00

ICOM Part 2 English Medium Principles of Banking Chapter 14 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test" MCQ`s Test

  • M
    Mudassar zaman 01 - Dec - 2018 01 Min 07 Sec 15/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 01 Min 57 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 03 Min 04 Sec 15/15
  • Y
    Yggygygyb 17 - Jul - 2021 01 Min 17 Sec 14/15
  • A
    ADNAN 17 - Jul - 2021 01 Min 35 Sec 14/15
  • S
    Shehryar iqbal 16 - Jul - 2021 01 Min 36 Sec 14/15
  • S
    Saad 17 - Jul - 2021 01 Min 44 Sec 14/15
  • H
    Hassan Abid 22 - Jun - 2022 02 Min 06 Sec 14/15
  • S
    Saleem 07 - May - 2019 02 Min 35 Sec 14/15
  • S
    Saif 08 - May - 2018 02 Min 20 Sec 13/15
  • Z
    Zahra 07 - Apr - 2019 02 Min 54 Sec 13/15
  • M
    Mubashira 10 - Jul - 2021 00 Min 10 Sec 12/15
  • H
    Hassan Maqsood 26 - May - 2023 01 Min 31 Sec 12/15
  • T
    Tams 23 - Mar - 2021 01 Min 50 Sec 12/15
  • B
    Batool 01 - Dec - 2018 01 Min 50 Sec 12/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
2 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
3 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
4 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
5 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
6 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
7 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
8 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
9 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
10 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970

Test Questions