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

When was ADBP established

Question # 2

The supply of foreign exchange arises when.

Question # 3

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

Question # 4

The main objectives of foreign exchange control are.

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

When ADFC came into existence

Question # 10

Purchasing power theory of foreign exchange was given by.

Question # 11

The demand for foreign exchange comes when.

Question # 12

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

Question # 13

The rate which keeps the balance of payment in equilibrium.

Question # 14

When was the National Bank Of Pkaistan established:

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 Purchasing power theory of foreign exchange was given by.
A. Hartly
B. Gustav Cassel
C. D .Cock
D. None of these
2 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
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 When was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
5 Sate Bank of Pakistan advises the federal and provincial governments on following matter
A. Administrative
B. Financial
C. Political
D. All the above
6 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
7 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
8 When the demand of any county's currency increses than the rate of exchange becomes.
A. Unfavorable
B. Favorable
C. Equilibrium
D. None of these
9 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
10 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952

Test Questions

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