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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
What is the full form is ATM
Choose an answer
Automated Teller Machine
Asynchronous
Transfer
Mode
Air
Traffic
Management
None of these
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Question # 2
The Central Bank sells Govt. Securities in.
Choose an answer
Summer
Deflation
Winter
Inflation
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Question # 3
In case of inflation Bank rate.
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Constant
Decreases
Increases
None of these
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Question # 4
Part of cash of scheduled banks kept by centrla bank as per law is called.
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Specific reserves
Satutory reserves
Gneral Reserves
All the above
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Question # 5
Which method of note issue is prevailing in Pakistan after 1965
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Min. Reserve System
Proportional system
Fixed Fiduciary system
None of the above
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Question # 6
Open market operation means.
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Purchase and sale of shares
Purchases and sale of securities
Purchase and sale of assets
None of these
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Question # 7
How many merits of debit card
Choose an answer
5
6
7
8
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Question # 8
In the presence of cleairng house the use of cash transactions between banks
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Increases
Decreases
Stops
NO effect
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Question # 9
An increase in the reseve requirement causes.
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More credit Creation
Less Credit Creation
Stop credit creation
None of these
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Question # 10
If Central Bank wants to decreae the quantity of money in country it
Choose an answer
Sells Securities
Purchase Securities
Create Credit
All the above
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Question # 11
Qualitative methods of monetary policy donot include.
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Bank rate policy
Direct Actions
Publicity
Moral persuasion
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Question # 12
Deposits create
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Inflation
Loan
Monopoly
All the above
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Question # 13
How many advantages of e banking
Choose an answer
3
4
5
6
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Question # 14
Certain Percentage of Gold to issue currency notes.
Choose an answer
Fixed Fiduciary method
Proportionate Reserve
Min. Reserve system
None of these
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Question # 15
E-Banking provides benefits to the following
Choose an answer
Accountholder
Banker
Economy
All the above
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