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14th Chapter

12th Principles of Banking Chapter 14 Test

Here you can prepare 12th Class Principles of Banking Chapter 14 Banking system in Pakistan Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 14 online mcq test with answers for ICom part 2 Principle of Banking Chapter 14 (Banking system in Pakistan)

This online test contains MCQs about following topics:

. Banking system of Pakistan and its elements . Nationalization of banks . Privatization of banks . Pakistan's important . Financial institutions

ICOM Part 2 Banking Ch 14 Test
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12th class Principle of Banking chapter 14 online mcq test with answers for ICom part 2 Principle of Banking Chapter 14 (Banking system in Pakistan)

Sr. # Questions Answers Choice
1 A mechanism by which international indebtedness is settle dbetween one country and another.
  • A. Indebtedness
  • B. Foreign Debts
  • C. Foreign exchange
  • D. All these
2 Sate Bank of Pakistan advises the federal and provincial governments on following matter
  • A. Administrative
  • B. Financial
  • C. Political
  • D. All the above
3 PICIC was established as
  • A. Private company
  • B. Limited company
  • C. Partnership
  • D. None of the above
4 The various kinds of exchange rate includes.
  • A. Official rate
  • B. Spot rate
  • C. Forward rate
  • D. All of these
5 When was ADBP established
  • A. 1957
  • B. 1961
  • C. 1963
  • D. 1965
6 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
7 Methods for making foreign payments includes.
  • A. Letter of credit
  • B. Foreign bills of exchange
  • C. Foreing bank draft
  • D. All of these
8 Purchasing power theory of foreign exchange was given by.
  • A. Hartly
  • B. Gustav Cassel
  • C. D .Cock
  • D. None of these
9 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange
  • A. Statement
  • B. License
  • C. Certificate
  • D. All the above
10 Where is the head office of IDBP:
  • A. Lahore
  • B. Faisalabad
  • C. Islamabad
  • D. Karachi

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test

H

Hassan Maqsood

Lahore26 - May - 2023

12/15
01 Mins 31 Sec
H

Hassan Maqsood

Lahore26 - May - 2023

11/15
01 Mins 43 Sec
H

Hiba Asif

Lahore26 - May - 2023

11/15
01 Mins 44 Sec

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