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

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

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

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

Question # 10

PICIC was established as

Question # 11

The rate which keeps the balance of payment in equilibrium.

Question # 12

Which one of the following is not the preference of state bank of Pakistan

Question # 13

The statement of Pakistan was inaugurated by:

Question # 14

When was the National Bank Of Pkaistan established:

Question # 15

The various kinds of exchange rate includes.

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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 The rate which keeps the balance of payment in equilibrium.
A. Equilibrium rate
B. Foreign exchange rate
C. Currency Rate
D. Dollar rate
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 Which one of the following is not the preference of state bank of Pakistan
A. Expansion in banking system
B. Control over the supply of money
C. Equal distribution of credit
D. To earn maximum profit
5 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
6 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
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 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these
9 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
10 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952

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