12th Class ICom Part 2 Principles of Banking Chapter Wise Online MCQ Test with answers PDF English Medium

Principles of Banking Icom Part 2 English Medium Online Test

Sr. #	Questions	Answers Choice
1	Money market is a market of loans for	Short term Medium term Long term All the above
2	Choose the correct institutions in money market in Pakistan	State bank of Pakistan Specialized credit institutions Commercial banks All of the above
3	How many institutions in money market in Pakistan	7 8 9 10
4	How many features of good money market	12 15 17 20
5	How many functions of money market	10 12 11 15
6	How many institutions of money market	6 5 4 7
7	The rate of exchange determined by two countries following non-convertible paper currency system is a point where	The purchasing power of currency is same The purchasing power of currency is different The purchasing power of currency is zero None of the above
8	The money sent through post office from one country to another	Traveller's cheque Bank draft Letter of credit International money order
9	The term foreign exchange includes	Bank draft Letter of credit Foreign B/E All the above
10	Which of the following theories is associated with the working of international gold standard	Mint par parity theory Purchasing power theory Balance of payments theory All of the above
11	Which of the following rate keeps the balance of payments in equilibrium	Discount rate Interest rate Exchange rate Market rate
12	Foreign exchange control reduces the	Circulation of capital Export of capital Import of capital None of the above
13	What is the objective of foreign exchange control	To stabilize exchange rate To increase government revenue Favorable balance of payment All the above
14	Which of the following changes cause to change in foreign exchange rate	Change in export and imports Change in capital flow Change in bank rate All the above
15	Upper specie point is got by adding the delivery charges in following metal	Silver Gold Iron Copper

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