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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  • Total Questions15

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

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Question # 1

When was ADBP established

Question # 2

When did the National Bank start its functions as the agent of SBP:

Question # 3

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

Question # 4

What is the name of central bank of Pakistan

Question # 5

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

Question # 6

The market where foreign moneys are bought and sold is.

Question # 7

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

Question # 8

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

Question # 9

For how many years the governor of State Bank of Pakistan is appointed:

Question # 10

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

Question # 11

The various kinds of exchange rate includes.

Question # 12

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

Question # 13

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

Question # 14

The supply of foreign exchange arises when.

Question # 15

The rate which keeps the balance of payment in equilibrium.

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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 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7
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 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
4 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
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 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
7 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
8 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
9 Which of the following industry is financed by PICIC
A. Depends upon local raw material
B. Manufactures export goods
C. Establishes under national development program
D. All the above
10 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

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