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 number of members in the managements body of PICIC

Question # 2

The various kinds of exchange rate includes.

Question # 3

When was the National Bank Of Pkaistan established:

Question # 4

What is the name of central bank of Pakistan

Question # 5

Which of the following institution was converted into IDBP:

Question # 6

The statement of Pakistan was inaugurated by:

Question # 7

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

Question # 8

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

Question # 9

The main objectives of foreign exchange control are.

Question # 10

The demand for foreign exchange comes when.

Question # 11

When the State Bank of Pakistan came into existence

Question # 12

The market where foreign moneys are bought and sold is.

Question # 13

Methods for making foreign payments includes.

Question # 14

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

Question # 15

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

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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 the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
2 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
3 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
4 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
5 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
6 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
7 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
8 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
9 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
10 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these

Test Questions

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