ICOM Part 2 English Medium Principles of Banking Chapter 14 MCQ's Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 14 (Banking system in Pakistan)

ICOM Part 2 English Medium Principles of Banking Chapter 14 MCQ's Test

Start Chapter 14 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 14 (Banking system in Pakistan)

Sr. # Questions Answers Choice
1 The supply of foreign exchange arises when.
  • A. Goods are exported
  • B. Students comes of country
  • C. Sale of Foreign securities
  • D. All of these
2 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
3 What is the name of central bank of Pakistan
  • A. State Bank of Pakistan
  • B. National Bank of Pakistan
  • C. Bank of Pakistan
  • D. Habib Bank Limited
4 The rate which keeps the balance of payment in equilibrium.
  • A. Equilibrium rate
  • B. Foreign exchange rate
  • C. Currency Rate
  • D. Dollar rate
5 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
6 Sate Bank of Pakistan advises the federal and provincial governments on following matter
  • A. Administrative
  • B. Financial
  • C. Political
  • 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 The market where foreign moneys are bought and sold is.
  • A. Stock market
  • B. Foreign exchang markets
  • C. Open market
  • D. None of these
10 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

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer