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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
The Weapons of Monetary policy are.
Choose an answer
Two
Three
Four
Five
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Question # 2
ATM is used to withdraw money from the
Choose an answer
Branch of bank in which we have the account
Any branch of concerned bank
Other banks
All the above
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Question # 3
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 # 4
An increase in the reseve requirement causes.
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More credit Creation
Less Credit Creation
Stop credit creation
None of these
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Question # 5
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 # 6
Pakistan has used methods of note issue.
Choose an answer
Proportional reserve system
Min. Reserve system
Both a and b
Fixed fiduciary system
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Question # 7
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
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Question # 8
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 # 9
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
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Question # 10
What is the full form is ATM
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Automated Teller Machine
Asynchronous
Transfer
Mode
Air
Traffic
Management
None of these
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Question # 11
How many benefits of economy
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2
3
4
5
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Question # 12
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 # 13
The first Pakitan Note es were issued in the denomination of.
Choose an answer
Rs. 5
Rs. 10
Rs.100
All of these
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Question # 14
Qualitative methods are control over.
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Currency
Govt
Banks
Public
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Question # 15
Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
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12th
13th
14th
15th
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