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 the demand of any county's currency increses than the rate of exchange becomes.

Question # 3

The various kinds of exchange rate includes.

Question # 4

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

Question # 5

When the State Bank of Pakistan came into existence

Question # 6

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

Question # 7

Sate Bank of Pakistan advises the federal and provincial governments on following matter

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

The statement of Pakistan was inaugurated by:

Question # 12

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

Question # 13

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

Question # 14

Where is the head office of IDBP:

Question # 15

What is the name of central bank of Pakistan

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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 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
2 The demand for and supply of foreign exchange is regulated by.
A. Central bank
B. World bank
C. Commercial bank
D. All of these
3 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
4 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
5 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
6 Methods for making foreign payments includes.
A. Letter of credit
B. Foreign bills of exchange
C. Foreing bank draft
D. All of these
7 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
8 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
9 Purchasing power theory of foreign exchange was presented in.
A. 1920
B. 1962
C. 1694
D. 1881
10 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994

Test Questions

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