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

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

Question # 2

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

Question # 3

When was the National Bank Of Pkaistan established:

Question # 4

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

Question # 5

What is the name of central bank of Pakistan

Question # 6

ZTBL issues the loans for:

Question # 7

When was PICIC established

Question # 8

The demand for foreign exchange comes when.

Question # 9

The rate which keeps the balance of payment in equilibrium.

Question # 10

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

Question # 11

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

Question # 12

Where is the head office of ZTBL

Question # 13

Purchasing power theory of foreign exchange was presented in.

Question # 14

Which of the following institution was converted into IDBP:

Question # 15

These thories of foreign exchange rate include.

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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 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
3 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
4 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
5 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
6 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
7 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
8 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
9 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
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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