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 ADFC came into existence

Question # 2

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

Question # 3

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

Question # 4

When were the Pakistani banks nationalized:

Question # 5

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

Question # 6

The rate which keeps the balance of payment in equilibrium.

Question # 7

Which of the following industry is financed by PICIC

Question # 8

These thories of foreign exchange rate include.

Question # 9

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

Question # 10

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

Question # 11

When was ADBP established

Question # 12

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

Question # 13

Which of the following institution was converted into IDBP:

Question # 14

The demand for foreign exchange comes when.

Question # 15

The market where foreign moneys are bought and sold is.

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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 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
2 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
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 ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
5 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
6 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%
7 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
8 The method which is mostly use in making foreign payments are.
A. Telegraphic transfer
B. Foreign bill of exchange
C. By post
D. All of these
9 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
10 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

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