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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
After 31st Decemebr 1965 Pakistan use
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Min. Reserve system
Fixed Fiduciary system
Proportional Reserve
None of these
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Question # 2
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 # 3
Services provided by on line banking
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Depositing the money into the account
Withdrawal the money from bank
Transfer of money
All the above
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Question # 4
Certain Percentage of Gold to issue currency notes.
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Fixed Fiduciary method
Proportionate Reserve
Min. Reserve system
None of these
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Question # 5
Qualitative methods are control over.
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Currency
Govt
Banks
Public
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Question # 6
A represntative handed over cheques to other banks are called.
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Outwaard clearing
Direct cheaning
Inward Clearing
Indirect Clearing
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Question # 7
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
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Question # 8
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 # 9
Which 0f the following is the objective of central bank.
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Economic Development
Helping govt.
Welfare of Economy
All the above
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Question # 10
E-Banking provides benefits to the following
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Accountholder
Banker
Economy
All the above
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Question # 11
The principle of note issue are.
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Currency Principles
Banking Principles
Both a and b
None of these
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Question # 12
The departments of State Bank of Pakistan includes.
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Note issuing deptt
Bankng deptt
Foreign exchange deptt
All the above
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Question # 13
At Present the Governor of State Bank of Pakistan is.
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Dr. Ishrat Hussain
Saleem Raza
Shahid Hafiz Kardar
Shahid Mahmood Wathra
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Question # 14
How many benefits of customers
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5
6
7
8
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Question # 15
The principle of not issue is
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Currency principle
Discount rate principle
Bank rate principle
All the above
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Question # 16
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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