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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
If Central Bank wants to decreae the quantity of money in country it
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Sells Securities
Purchase Securities
Create Credit
All the above
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Question # 2
The capital of stat bank of the time of establishment was.
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Rs. 30 millions
Rs. 450 milliions
Rs.300 millions
Rs. 30 billions
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Question # 3
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
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Question # 4
The departments of State Bank of Pakistan includes.
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Note issuing deptt
Bankng deptt
Foreign exchange deptt
All the above
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Question # 5
How many benefits of economy
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2
3
4
5
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Question # 6
First woman Governor of State Bank of Pakistan was.
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Dr. Ishrat Hussain
Kassim Parekh
S.U. Durani
Dr. shamshad Akhtar
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Question # 7
How many products of E banking
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5
6
7
8
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Question # 8
The principle of note issue are.
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Currency Principles
Banking Principles
Both a and b
None of these
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Question # 9
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 # 10
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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Question # 11
What is the purpose of using credit card
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To purchases goods and services
To win the prized from banks
To travel abroad
To invest the saving
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Question # 12
The Central Bank sells Govt. Securities in.
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Summer
Deflation
Winter
Inflation
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Question # 13
State Bank of Pakistan was established on.
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Tuesday Ist July 1948
Wednesday Is July 1948
Thursday Ist July 1948
Friday Ist July 1948
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Question # 14
Central Bank is the Leader of.
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Capital Market
Money Market
Both a and b
Open market
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Question # 15
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 # 16
The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in
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31th December 1965
23rd March 1940
Jan 1962
October 1948
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