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

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

Question # 2

Where is the head office of ZTBL

Question # 3

The main objectives of foreign exchange control are.

Question # 4

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

Question # 5

When was ADBP established

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

Which of the following institution was converted into IDBP:

Question # 10

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

Question # 11

Purchasing power theory of foreign exchange was presented in.

Question # 12

The rate which keeps the balance of payment in equilibrium.

Question # 13

Purchasing power theory of foreign exchange was given by.

Question # 14

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

Question # 15

The statement of Pakistan was inaugurated by:

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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 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
2 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
3 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
4 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
5 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
6 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
7 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
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 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
10 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965

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