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 demand for foreign exchange comes when.

Question # 2

When was the National Bank Of Pkaistan established:

Question # 3

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

Question # 4

Where is the head office of IDBP:

Question # 5

When the State Bank of Pakistan came into existence

Question # 6

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

Question # 7

The market where foreign moneys are bought and sold is.

Question # 8

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

Question # 9

The various kinds of exchange rate includes.

Question # 10

Which of the following institution was converted into IDBP:

Question # 11

Which one of the following is not the preference of state bank of Pakistan

Question # 12

Purchasing power theory of foreign exchange was given by.

Question # 13

The supply of foreign exchange arises when.

Question # 14

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

Question # 15

Which of the following industry is financed by PICIC

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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 was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
2 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
3 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
4 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
5 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
6 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
7 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
8 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
9 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
10 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

Test Questions