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 The main objectives of foreign exchange control are.
  • A. Stablilize exchange rate
  • B. Increase Govt.Revenue
  • C. Protect domestic industires
  • D. All of these
2 Purchasing power theory of foreign exchange was presented in.
  • A. 1920
  • B. 1962
  • C. 1694
  • D. 1881
3 The statement of Pakistan was inaugurated by:
  • A. Liaqat-Ali-Khan
  • B. Abdul-Rub-Nishar
  • C. Quaid-e-Azam
  • D. Nawaz-Sharif
4 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
5 When was the National Bank Of Pkaistan established:
  • A. 1948
  • B. 1949
  • C. 1950
  • D. 1951
6 Purchasing power theory of foreign exchange was given by.
  • A. Hartly
  • B. Gustav Cassel
  • C. D .Cock
  • D. None of these
7 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
8 The market where foreign moneys are bought and sold is.
  • A. Stock market
  • B. Foreign exchang markets
  • C. Open market
  • D. None of these
9 The demand for foreign exchange comes when.
  • A. Purchases of foreign securites
  • B. Students go abroad
  • C. Goods are imported
  • D. All of these
10 When were the Pakistani banks nationalized:
  • A. 1974
  • B. 1984
  • C. 1990
  • D. 1994

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