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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
The capital of stat bank of the time of establishment was.
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Rs. 30 millions
Rs. 450 milliions
Rs.300 millions
Rs. 30 billions
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Question # 2
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 # 3
State Bank of Pakistan Act is.
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1956
1932
1962
1984
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Question # 4
Which method of note issue is prevailing in Pakistan after 1965
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Min. Reserve System
Proportional system
Fixed Fiduciary system
None of the above
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Question # 5
The quantitative methods of credit control are in nature.
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General
Selective
Optional
None of these
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Question # 6
E-Banking provides benefits to the following
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Accountholder
Banker
Economy
All the above
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Question # 7
How many benefits of bankers
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4
5
6
7
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Question # 8
The Weapons of Monetary policy are.
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Two
Three
Four
Five
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Question # 9
If Central Bank wants to decreae 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 # 10
The following is not used in E-Banking
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Credit card
Debit card
Cheque
All the above
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Question # 11
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
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Question # 12
Central Bank is the Leader of.
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Capital Market
Money Market
Both a and b
Open market
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Question # 13
Qualitative methods of monetary policy donot include.
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Bank rate policy
Direct Actions
Publicity
Moral persuasion
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Question # 14
How many benefits of economy
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2
3
4
5
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Question # 15
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 # 16
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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