Question # 1

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

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Commission

Rent

Intrest

Carriage

The Weapons of Monetary policy are.

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Two

Three

Four

Five

State Bank of Pakistan Act is.

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1956

1932

1962

1984

Deposits create

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Inflation

Loan

Monopoly

All the above

The automatic delivery of banking products and services to customers through interactive electronic communication is called

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E banking

Electronic banking

Both a and b

None of these

After 31st Decemebr 1965 Pakistan use

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Min. Reserve system

Fixed Fiduciary system

Proportional Reserve

None of these

In how many days would a schque between banks clear through the clearing system.

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7 days

3 days

10 days

5 days

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

The departments of State Bank of Pakistan includes.

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Note issuing deptt

Bankng deptt

Foreign exchange deptt

All the above

How many products of E banking

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5

6

7

8

A represntative handed over cheques to other banks are called.

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Outwaard clearing

Direct cheaning

Inward Clearing

Indirect Clearing

State Bank of Paksitan was established on

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1st July 1949

Ist July 1948

Ist July 1694

Ist July 1964

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

Pakistan has used methods of note issue.

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Proportional reserve system

Min. Reserve system

Both a and b

Fixed fiduciary system

Quantitive methods are contral on

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Banks

Currency

Govt.

Public

Which bank is called the mother of Central Banks.

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World Bank

Bank of Vence

Royal Bank of Scotland

Bank of England

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Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers

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