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

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

Question # 2

When was PICIC established

Question # 3

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

Question # 4

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

Question # 5

Purchasing power theory of foreign exchange was given by.

Question # 6

When was ADBP established

Question # 7

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

Question # 8

PICIC was established as

Question # 9

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

Question # 10

These thories of foreign exchange rate include.

Question # 11

The main objectives of foreign exchange control are.

Question # 12

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

Question # 13

Where is the head office of IDBP:

Question # 14

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

Question # 15

The supply of foreign exchange arises when.

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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 was the National Bank Of Pkaistan established:
A. 1948
B. 1949
C. 1950
D. 1951
2 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
3 When was ADBP established
A. 1957
B. 1961
C. 1963
D. 1965
4 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
5 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
A. Statement
B. License
C. Certificate
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 When was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
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 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 What % of shares of IDBP was held by the Govt. at the time of its establishment:
A. 49%
B. 50%
C. 51%
D. 55%

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