Question # 1

In case of inflation Bank rate.

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Constant

Decreases

Increases

None of these

Major function of Central Bank is.

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Open account

Provide lockers

Issue currency notes

All of the above

How many products of E banking

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5

6

7

8

A represntative handed over cheques to other banks are called.

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Outwaard clearing

Direct cheaning

Inward Clearing

Indirect Clearing

Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.

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12th

13th

14th

15th

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

The principle of note issue are.

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Currency Principles

Banking Principles

Both a and b

None of these

How many merits of credit card

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7

8

9

10

How many benefits of bankers

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4

5

6

7

First woman Governor of State Bank of Pakistan was.

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Dr. Ishrat Hussain

Kassim Parekh

S.U. Durani

Dr. shamshad Akhtar

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

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

The principle of not issue is

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Currency principle

Discount rate principle

Bank rate principle

All the above

How many benefits of customers

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5

6

7

8

State Bank of Pakistan can also be called as.

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Central Bank

Reserve Bank

Monetary Authority

All the above

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

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