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 supply of foreign exchange arises when.

Question # 2

The demand for foreign exchange comes when.

Question # 3

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

Question # 4

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

Question # 5

When did the National Bank start its functions as the agent of SBP:

Question # 6

Where is the head office of ZTBL

Question # 7

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

Question # 8

The statement of Pakistan was inaugurated by:

Question # 9

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

Question # 10

Which of the following institution was converted into IDBP:

Question # 11

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

Question # 12

The main objectives of foreign exchange control are.

Question # 13

PICIC was established as

Question # 14

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

Question # 15

When was ADBP established

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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 What is the name of central bank of Pakistan
A. State Bank of Pakistan
B. National Bank of Pakistan
C. Bank of Pakistan
D. Habib Bank Limited
3 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
4 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
5 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
6 Which of the following industry is financed by PICIC
A. Depends upon local raw material
B. Manufactures export goods
C. Establishes under national development program
D. All the above
7 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
8 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
9 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
10 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

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