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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 14 Online Test MCQs With Answers
Question # 1
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
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Question # 2
Decrease in the value of home currency as compare to foreign currency.
Choose an answer
Inflation
Devalution
Deflation
All these
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Question # 3
Which of the following institution was working before the establishment of ADBP
Choose an answer
Agricultural development finance corporation
Agricultural development bank
Both a and b
None of the above
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Question # 4
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
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Question # 5
When the demand of any county's currency increses than the rate of exchange becomes.
Choose an answer
Unfavorable
Favorable
Equilibrium
None of these
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Question # 6
The supply of foreign exchange arises when.
Choose an answer
Goods are exported
Students comes of country
Sale of Foreign securities
All of these
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Question # 7
Methods for making foreign payments includes.
Choose an answer
Letter of credit
Foreign bills of exchange
Foreing bank draft
All of these
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Question # 8
Purchasing power theory of foreign exchange was given by.
Choose an answer
Hartly
Gustav Cassel
D .Cock
None of these
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Question # 9
What is the number of members in the managements body of PICIC
Choose an answer
12
21
5
7
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Question # 10
When ADFC came into existence
Choose an answer
1951
1961
1965
1970
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Question # 11
ZTBL issues the loans for:
Choose an answer
Fishing and forest
Breading of cattles
Diary farming
All of the above
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Question # 12
The instruments which are used in foreign receipts and payments called.
Choose an answer
Letter of credit
Foreign debts
Foreign exchange
None of these
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Question # 13
For how many years the governor of State Bank of Pakistan is appointed:
Choose an answer
3 years
7 years
10 years
None of the above
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Question # 14
What was the capital of State bank of Pakistan at the time of establishment
Choose an answer
30 millions
300 millions
30 billions
300 billions
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Question # 15
The rate which keeps the balance of payment in equilibrium.
Choose an answer
Equilibrium rate
Foreign exchange rate
Currency Rate
Dollar rate
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Question # 16
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
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