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

PICIC was established as

Question # 2

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

Question # 3

These thories of foreign exchange rate include.

Question # 4

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

Question # 5

Which of the following institution was converted into IDBP:

Question # 6

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

Question # 7

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

Question # 8

The rate which keeps the balance of payment in equilibrium.

Question # 9

The supply of foreign exchange arises when.

Question # 10

Methods for making foreign payments includes.

Question # 11

The statement of Pakistan was inaugurated by:

Question # 12

Purchasing power theory of foreign exchange was presented in.

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

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

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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 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
2 Where is the head office of ZTBL
A. Karachi
B. Lahore
C. Peshawar
D. Islamabad
3 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
4 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
5 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
6 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
7 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these
8 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
9 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
10 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi

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