12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 12 (Foreign Exchange Transaction)

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ICOM Part 2 English Medium Principles of Banking Chapter 12 MCQ's Test

Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test

Try the Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test.

  • Total Questions15

  • Time Allowed20

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Principles of Banking Icom Part 2 English Medium Chapter 12 Online Test

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Question # 1

If the demand of any country's currency increases then rate of exchange becomes

Question # 2

Which party to L.C. is called beneficiary.

Question # 3

Which method is mostly used in making foreign payment

Question # 4

Parties involved in I.O.U

Question # 5

Non geogibale credit instruemnt are.

Question # 6

Parties involved in postal order

Question # 7

The purpose of credit card is.

Question # 8

Transfer of money from one palce to another place with the help of post office.

Question # 9

Letter of credit state a limit of.

Question # 10

What is the objective of foreign exchange control

Question # 11

The change in demand and supply of foreign currency effects

Question # 12

Foreign exchange control reduces the

Question # 13

Upper specie point is got by adding the delivery charges in following metal

Question # 14

The kind of commercial letter of credit includes.

Question # 15

Letter of credit is opened by.

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