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 What % of shares of IDBP was held by the Govt. at the time of its establishment:
  • A. 49%
  • B. 50%
  • C. 51%
  • D. 55%
2 PICIC was established as
  • A. Private company
  • B. Limited company
  • C. Partnership
  • D. None of the above
3 When ADFC came into existence
  • A. 1951
  • B. 1961
  • C. 1965
  • D. 1970
4 The various kinds of exchange rate includes.
  • A. Official rate
  • B. Spot rate
  • C. Forward rate
  • D. All of these
5 Methods for making foreign payments includes.
  • A. Letter of credit
  • B. Foreign bills of exchange
  • C. Foreing bank draft
  • D. All of these
6 Decrease in the value of home currency as compare to foreign currency.
  • A. Inflation
  • B. Devalution
  • C. Deflation
  • D. All these
7 Sate Bank of Pakistan advises the federal and provincial governments on following matter
  • A. Administrative
  • B. Financial
  • C. Political
  • D. All the above
8 When were the Pakistani banks nationalized:
  • A. 1974
  • B. 1984
  • C. 1990
  • D. 1994
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 Which of the following institution was converted into IDBP:
  • A. Pakistan industrial finance corporation
  • B. Pakistan investment corporation
  • C. Industrial bank
  • D. Pakistan industrial and credit investment corporation

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