Question # 1

The Governor of SBP is oppointed for.

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Five years

Four years

Three years

Two years

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

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

The principle of not issue is

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Currency principle

Discount rate principle

Bank rate principle

All the above

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 quantitative methods of credit control are in nature.

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General

Selective

Optional

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

Qualitative methods of monetary policy donot include.

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Bank rate policy

Direct Actions

Publicity

Moral persuasion

Whihc of the following is the most elastic method for issuing notes.

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Fix fiduciary system

Minium Reserve system

Proportional Reserve system

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

Major function of Central Bank is.

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Open account

Provide lockers

Issue currency notes

All of the above

The first Pakitan Note es were issued in the denomination of.

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Rs. 5

Rs. 10

Rs.100

All of these

E-Banking provides benefits to the following

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Accountholder

Banker

Economy

All the above

How many benefits of economy

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2

3

4

5

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

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