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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
In case of inflation Bank rate.
Choose an answer
Constant
Decreases
Increases
None of these
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Question # 2
Major function of Central Bank is.
Choose an answer
Open account
Provide lockers
Issue currency notes
All of the above
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Question # 3
How many products of E banking
Choose an answer
5
6
7
8
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Question # 4
A represntative handed over cheques to other banks are called.
Choose an answer
Outwaard clearing
Direct cheaning
Inward Clearing
Indirect Clearing
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Question # 5
Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
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12th
13th
14th
15th
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Question # 6
What is the purpose of using credit card
Choose an answer
To purchases goods and services
To win the prized from banks
To travel abroad
To invest the saving
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Question # 7
The principle of note issue are.
Choose an answer
Currency Principles
Banking Principles
Both a and b
None of these
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Question # 8
How many merits of credit card
Choose an answer
7
8
9
10
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Question # 9
How many benefits of bankers
Choose an answer
4
5
6
7
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Question # 10
First woman Governor of State Bank of Pakistan was.
Choose an answer
Dr. Ishrat Hussain
Kassim Parekh
S.U. Durani
Dr. shamshad Akhtar
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Question # 11
The rate at which commercial banks and centrla bank buys and sells foreign currency.
Choose an answer
Bank Rate
Inter Bank rate
Intrest rate
Discount rate
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Question # 12
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 # 13
The principle of not issue is
Choose an answer
Currency principle
Discount rate principle
Bank rate principle
All the above
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Question # 14
How many benefits of customers
Choose an answer
5
6
7
8
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Question # 15
State Bank of Pakistan can also be called as.
Choose an answer
Central Bank
Reserve Bank
Monetary Authority
All the above
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