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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test MCQs With Answers
Question # 1
Which of the following institution was converted into IDBP:
Choose an answer
Pakistan industrial finance corporation
Pakistan investment corporation
Industrial bank
Pakistan industrial and credit investment corporation
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Question # 2
The main objectives of foreign exchange control are.
Choose an answer
Stablilize exchange rate
Increase Govt.Revenue
Protect domestic industires
All of these
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Question # 3
What is the number of members in the management body of ZTBL
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5
8
10
12
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Question # 4
Methods for making foreign payments includes.
Choose an answer
Letter of credit
Foreign bills of exchange
Foreing bank draft
All of these
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Question # 5
Which of the following institution was working before the establishment of ADBP
Choose an answer
Agricultural development finance corporation
Agricultural development bank
Both a and b
None of the above
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Question # 6
The instruments which are used in foreign receipts and payments called.
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Letter of credit
Foreign debts
Foreign exchange
None of these
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Question # 7
What is the number of members in the managements body of PICIC
Choose an answer
12
21
5
7
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Question # 8
Decrease in the value of home currency as compare to foreign currency.
Choose an answer
Inflation
Devalution
Deflation
All these
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Question # 9
The exchange of one country's currency for another foreign currency.
Choose an answer
Exchange Rate
Money change
Foreign exchange
None of these
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Question # 10
The method which is mostly use in making foreign payments are.
Choose an answer
Telegraphic transfer
Foreign bill of exchange
By post
All of these
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Question # 11
The demand for and supply of foreign exchange is regulated by.
Choose an answer
Central bank
World bank
Commercial bank
All of these
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Question # 12
The market where foreign moneys are bought and sold is.
Choose an answer
Stock market
Foreign exchang markets
Open market
None of these
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