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 and supply of foreign exchange is regulated by.

Question # 2

What was the capital of State bank of Pakistan at the time of establishment

Question # 3

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

Question # 4

Where is the head office of ZTBL

Question # 5

Purchasing power theory of foreign exchange was presented in.

Question # 6

What is the name of central bank of Pakistan

Question # 7

When were the Pakistani banks nationalized:

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

When was ADBP established

Question # 12

Methods for making foreign payments includes.

Question # 13

When was PICIC established

Question # 14

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

Question # 15

Where is the head office of IDBP:

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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 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
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 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
4 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
5 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
6 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
7 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
8 The supply of foreign exchange arises when.
A. Goods are exported
B. Students comes of country
C. Sale of Foreign securities
D. All of these
9 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
10 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above

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