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

Question # 2

When ADFC came into existence

Question # 3

These thories of foreign exchange rate include.

Question # 4

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

Question # 5

Methods for making foreign payments includes.

Question # 6

What is the name of central bank of Pakistan

Question # 7

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

Question # 8

When was ADBP established

Question # 9

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

Question # 10

When was the National Bank Of Pkaistan established:

Question # 11

What % of shares of IDBP was held by the Govt. at the time of its establishment:

Question # 12

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

Question # 13

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

Question # 14

When was PICIC 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 was PICIC established
A. 1950
B. 1951
C. 1957
D. 1961
2 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
3 The statement of Pakistan was inaugurated by:
A. Liaqat-Ali-Khan
B. Abdul-Rub-Nishar
C. Quaid-e-Azam
D. Nawaz-Sharif
4 The exchange of one country's currency for another foreign currency.
A. Exchange Rate
B. Money change
C. Foreign exchange
D. None of these
5 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
6 When did the National Bank start its functions as the agent of SBP:
A. 1949
B. 1950
C. 1951
D. 1952
7 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
8 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
9 When were the Pakistani banks nationalized:
A. 1974
B. 1984
C. 1990
D. 1994
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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