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 were the Pakistani banks nationalized:

Question # 2

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

Question # 3

What is the name of central bank of Pakistan

Question # 4

When was the National Bank Of Pkaistan established:

Question # 5

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

Question # 6

When ADFC came into existence

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

Which of the following institution was converted into IDBP:

Question # 11

Purchasing power theory of foreign exchange was given by.

Question # 12

The demand for foreign exchange comes when.

Question # 13

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

Question # 14

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

Question # 15

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

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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 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
2 When the State Bank of Pakistan came into existence
A. 1947
B. 1948
C. 1949
D. 1970
3 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
4 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
5 Which of the following institution was working before the establishment of ADBP
A. Agricultural development finance corporation
B. Agricultural development bank
C. Both a and b
D. None of the above
6 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
7 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
8 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
9 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
10 What is the number of members in the managements body of PICIC
A. 12
B. 21
C. 5
D. 7

Test Questions

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