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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
Which method of note issue is prevailing in Pakistan after 1965
Choose an answer
Min. Reserve System
Proportional system
Fixed Fiduciary system
None of the above
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Question # 2
After 31st Decemebr 1965 Pakistan use
Choose an answer
Min. Reserve system
Fixed Fiduciary system
Proportional Reserve
None of these
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Question # 3
Which bank is called the mother of Central Banks.
Choose an answer
World Bank
Bank of Vence
Royal Bank of Scotland
Bank of England
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Question # 4
How many products of E banking
Choose an answer
5
6
7
8
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Question # 5
Which of the following is not an objective of central bank.
Choose an answer
Economic development
Helping Govt
Walfare of economy
Credit creation
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Question # 6
The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.
Choose an answer
Commission
Rent
Intrest
Carriage
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Question # 7
The Lady Phd.Governors of State Bank of Paksitan inclued.
Choose an answer
M. Yaqoob
Ishrat Hussain
Shamshad Akhtar
All of these
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Question # 8
The Weapons of Monetary policy are.
Choose an answer
Two
Three
Four
Five
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Question # 9
Major function of Central Bank is.
Choose an answer
Open account
Provide lockers
Issue currency notes
All of the above
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Question # 10
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 # 11
The following is not used in E-Banking
Choose an answer
Credit card
Debit card
Cheque
All the above
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Question # 12
Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
Choose an answer
12th
13th
14th
15th
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Question # 13
Whihc of the following is the most elastic method for issuing notes.
Choose an answer
Fix fiduciary system
Minium Reserve system
Proportional Reserve system
None of these
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Question # 14
The rate at which commercial banks and centrla bank buys and sells foreign currency.
Choose an answer
Bank Rate
Inter Bank rate
Intrest rate
Discount rate
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Question # 15
What is necessary to withdraw money through ATM
Choose an answer
I.D. card
Cheque
Pin code
None of these
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Question # 16
Loan Create
Choose an answer
Monopoly
Inflation
Deposits
All the above
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Question # 17
The principle of note issue are.
Choose an answer
Currency Principles
Banking Principles
Both a and b
None of these
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