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

Start Chapter 14 Test

MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test"

Try The MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test

00:00
Question # 1

When was the National Bank Of Pkaistan established:

Question # 2

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

Question # 3

The method which is mostly use in making foreign payments are.

Question # 4

What is the name of central bank of Pakistan

Question # 5

When was PICIC established

Question # 6

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

Question # 7

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

Question # 8

The demand for foreign exchange comes when.

Question # 9

The supply of foreign exchange arises when.

Question # 10

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

Question # 11

Methods for making foreign payments includes.

Question # 12

Purchasing power theory of foreign exchange was given by.

Question # 13

PICIC was established as

Question # 14

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

Question # 15

The instruments which are used in foreign receipts and payments called.

Prepare Complete Set Wise Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test" MCQs Online With Answers


Topic Test

00:00

ICOM Part 2 English Medium Principles of Banking Chapter 14 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test" MCQ`s Test

  • M
    Mudassar zaman 01 - Dec - 2018 01 Min 07 Sec 15/15
  • K
    KHALIL UR REHAMAN 13 - Aug - 2022 01 Min 57 Sec 15/15
  • T
    Teiyr 11 - Nov - 2025 03 Min 04 Sec 15/15
  • Y
    Yggygygyb 17 - Jul - 2021 01 Min 17 Sec 14/15
  • A
    ADNAN 17 - Jul - 2021 01 Min 35 Sec 14/15
  • S
    Shehryar iqbal 16 - Jul - 2021 01 Min 36 Sec 14/15
  • S
    Saad 17 - Jul - 2021 01 Min 44 Sec 14/15
  • H
    Hassan Abid 22 - Jun - 2022 02 Min 06 Sec 14/15
  • S
    Saleem 07 - May - 2019 02 Min 35 Sec 14/15
  • S
    Saif 08 - May - 2018 02 Min 20 Sec 13/15
  • Z
    Zahra 07 - Apr - 2019 02 Min 54 Sec 13/15
  • M
    Mubashira 10 - Jul - 2021 00 Min 10 Sec 12/15
  • H
    Hassan Maqsood 26 - May - 2023 01 Min 31 Sec 12/15
  • T
    Tams 23 - Mar - 2021 01 Min 50 Sec 12/15
  • B
    Batool 01 - Dec - 2018 01 Min 50 Sec 12/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
2 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
D. All the above
3 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
4 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
5 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
6 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
7 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
8 The instruments which are used in foreign receipts and payments called.
A. Letter of credit
B. Foreign debts
C. Foreign exchange
D. None of these
9 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
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