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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
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 # 2
If Central Bank wants to increase 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 # 3
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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Question # 4
Up to December 1965, Pakistan used method of note issue.
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Proportional Reserve system
Min. Reserve system
Fixed fiduciary system
All of these
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Question # 5
Quantitive methods are contral on
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Banks
Currency
Govt.
Public
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Question # 6
Pakistan has used methods of note issue.
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Proportional reserve system
Min. Reserve system
Both a and b
Fixed fiduciary system
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Question # 7
At Present the Governor of State Bank of Pakistan is.
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Dr. Ishrat Hussain
Saleem Raza
Shahid Hafiz Kardar
Shahid Mahmood Wathra
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Question # 8
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 # 9
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 # 10
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
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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
Which of the following is not an objective of central bank.
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Economic development
Helping Govt
Walfare of economy
Credit creation
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Question # 13
The Governor of SBP is oppointed for.
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Five years
Four years
Three years
Two years
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Question # 14
State Bank of Pakistan Act is.
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1956
1932
1962
1984
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Question # 15
State Bank of Paksitan was established on
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1st July 1949
Ist July 1948
Ist July 1694
Ist July 1964
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