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

Question # 1

Where is the head office of IDBP:

Choose an answer

Lahore

Faisalabad

Islamabad

Karachi

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Question # 2

Which of the following institution was converted into IDBP:

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Pakistan industrial finance corporation

Pakistan investment corporation

Industrial bank

Pakistan industrial and credit investment corporation

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Question # 3

State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange

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Statement

License

Certificate

All the above

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Question # 4

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

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Expansion in banking system

Control over the supply of money

Equal distribution of credit

To earn maximum profit

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Question # 5

What is the number of members in the managements body of PICIC

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Question # 6

What was the capital of State bank of Pakistan at the time of establishment

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30 millions

300 millions

30 billions

300 billions

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Question # 7

For how many years the governor of State Bank of Pakistan is appointed:

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3 years

7 years

10 years

None of the above

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Question # 8

ZTBL issues the loans for:

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Fishing and forest

Breading of cattles

Diary farming

All of the above

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Question # 9

When was PICIC established

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1950

1951

1957

1961

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Question # 10

Where is the head office of ZTBL

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Karachi

Lahore

Peshawar

Islamabad

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Question # 11

The demand for foreign exchange comes when.

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Purchases of foreign securites

Students go abroad

Goods are imported

All of these

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Question # 12

Purchasing power theory of foreign exchange was presented in.

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1920

1962

1694

1881

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