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

Which of the following institution was converted into IDBP:

Question # 3

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

Question # 4

When was PICIC established

Question # 5

The various kinds of exchange rate includes.

Question # 6

Where is the head office of IDBP:

Question # 7

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

Question # 8

Methods for making foreign payments includes.

Question # 9

What is the name of central bank of Pakistan

Question # 10

Purchasing power theory of foreign exchange was presented in.

Question # 11

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

Question # 12

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

Question # 13

When was the National Bank Of Pkaistan established:

Question # 14

The statement of Pakistan was inaugurated by:

Question # 15

The demand for foreign exchange comes 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 Decrease in the value of home currency as compare to foreign currency.
A. Inflation
B. Devalution
C. Deflation
D. All these
2 The main objectives of foreign exchange control are.
A. Stablilize exchange rate
B. Increase Govt.Revenue
C. Protect domestic industires
D. All of these
3 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
4 Where is the head office of IDBP:
A. Lahore
B. Faisalabad
C. Islamabad
D. Karachi
5 ZTBL issues the loans for:
A. Fishing and forest
B. Breading of cattles
C. Diary farming
D. All of the above
6 When ADFC came into existence
A. 1951
B. 1961
C. 1965
D. 1970
7 The various kinds of exchange rate includes.
A. Official rate
B. Spot rate
C. Forward rate
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 What is the number of members in the management body of ZTBL
A. 5
B. 8
C. 10
D. 12
10 The demand for foreign exchange comes when.
A. Purchases of foreign securites
B. Students go abroad
C. Goods are imported
D. All of these

Test Questions

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