Question # 1

State Bank of Pakistan Amendment Act is.

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1932

1997

1962

1956

Deposits create

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Inflation

Loan

Monopoly

All the above

Quantitive methods are contral on

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Banks

Currency

Govt.

Public

What is necessary to withdraw money through ATM

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I.D. card

Cheque

Pin code

None of these

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

Services provided by on line banking

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Depositing the money into the account

Withdrawal the money from bank

Transfer of money

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

How many benefits of bankers

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4

5

6

7

ATM is used to withdraw money from the

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Branch of bank in which we have the account

Any branch of concerned bank

Other banks

All the above

State Bank of Pakistan can also be called as.

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Central Bank

Reserve Bank

Monetary Authority

All the above

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

Certain Percentage of Gold to issue currency notes.

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Fixed Fiduciary method

Proportionate Reserve

Min. Reserve system

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

A represntative handed over cheques to other banks are called.

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Outwaard clearing

Direct cheaning

Inward Clearing

Indirect Clearing

How many merits of debit card

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5

6

7

8

The rate at which commercial banks and centrla bank buys and sells foreign currency.

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Bank Rate

Inter Bank rate

Intrest rate

Discount rate

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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