Question # 1

The various kinds of exchange rate includes.

Choose an answer

Official rate

Spot rate

Forward rate

All of these

The supply of foreign exchange arises when.

Choose an answer

Goods are exported

Students comes of country

Sale of Foreign securities

All of these

Purchasing power theory of foreign exchange was given by.

Choose an answer

Hartly

Gustav Cassel

D .Cock

None of these

When did the National Bank start its functions as the agent of SBP:

Choose an answer

1949

1950

1951

1952

Decrease in the value of home currency as compare to foreign currency.

Choose an answer

Inflation

Devalution

Deflation

All these

The method which is mostly use in making foreign payments are.

Choose an answer

Telegraphic transfer

Foreign bill of exchange

By post

All of these

What % of shares of IDBP was held by the Govt. at the time of its establishment:

Choose an answer

49%

50%

51%

55%

These thories of foreign exchange rate include.

Choose an answer

Mint par parity theory

Ppurchasing power theory.

Botha a and b

All of these

When was PICIC established

Choose an answer

1950

1951

1957

1961

Which one of the following is not the preference of state bank of Pakistan

Choose an answer

Expansion in banking system

Control over the supply of money

Equal distribution of credit

To earn maximum profit

What is the number of members in the management body of ZTBL

Choose an answer

5

8

10

12

What is the name of central bank of Pakistan

Choose an answer

State Bank of Pakistan

National Bank of Pakistan

Bank of Pakistan

Habib Bank Limited

The main objectives of foreign exchange control are.

Choose an answer

Stablilize exchange rate

Increase Govt.Revenue

Protect domestic industires

All of these

Sate Bank of Pakistan advises the federal and provincial governments on following matter

Choose an answer

Administrative

Financial

Political

All the above

When the State Bank of Pakistan came into existence

Choose an answer

1947

1948

1949

1970

More Classes

Other Links

Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer