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

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

Question # 2

Purchasing power theory of foreign exchange was presented in.

Question # 3

Where is the head office of ZTBL

Question # 4

ZTBL issues the loans for:

Question # 5

The market where foreign moneys are bought and sold is.

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 various kinds of exchange rate includes.

Question # 9

Methods for making foreign payments includes.

Question # 10

Purchasing power theory of foreign exchange was given by.

Question # 11

When were the Pakistani banks nationalized:

Question # 12

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

Question # 13

When the State Bank of Pakistan came into existence

Question # 14

Where is the head office of IDBP:

Question # 15

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

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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 PICIC was established as
A. Private company
B. Limited company
C. Partnership
D. None of the above
3 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
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 were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
6 The method which is mostly use in making foreign payments are.
A. Telegraphic transfer
B. Foreign bill of exchange
C. By post
D. All of these
7 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
8 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
D. All of these
9 The market where foreign moneys are bought and sold is.
A. Stock market
B. Foreign exchang markets
C. Open market
D. None of these
10 A mechanism by which international indebtedness is settle dbetween one country and another.
A. Indebtedness
B. Foreign Debts
C. Foreign exchange
D. All these

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