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
ic

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 For how many years the governor of State Bank of Pakistan is appointed:
  • A. 3 years
  • B. 7 years
  • C. 10 years
  • D. None of the above
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 The demand for and supply of foreign exchange is regulated by.
  • A. Central bank
  • B. World bank
  • C. Commercial bank
  • D. All of these
4 What is the number of members in the management body of ZTBL
  • A. 5
  • B. 8
  • C. 10
  • D. 12
5 A mechanism by which international indebtedness is settle dbetween one country and another.
  • A. Indebtedness
  • B. Foreign Debts
  • C. Foreign exchange
  • D. All these
6 When did the National Bank start its functions as the agent of SBP:
  • A. 1949
  • B. 1950
  • C. 1951
  • D. 1952
7 The various kinds of exchange rate includes.
  • A. Official rate
  • B. Spot rate
  • C. Forward rate
  • D. All of these
8 Sate Bank of Pakistan advises the federal and provincial governments on following matter
  • A. Administrative
  • B. Financial
  • C. Political
  • D. All the above
9 Which of the following institution was working before the establishment of ADBP
  • A. Agricultural development finance corporation
  • B. Agricultural development bank
  • C. Both a and b
  • D. None of the above
10 What is the number of members in the managements body of PICIC
  • A. 12
  • B. 21
  • C. 5
  • D. 7

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