Question # 1

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

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Commission

Rent

Intrest

Carriage

State Bank of Pakistan can also be called as.

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Central Bank

Reserve Bank

Monetary Authority

All the above

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

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

The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in

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31th December 1965

23rd March 1940

Jan 1962

October 1948

Deposits create

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Inflation

Loan

Monopoly

All the above

E-Banking provides benefits to the following

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Accountholder

Banker

Economy

All the above

How many benefits of customers

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5

6

7

8

How many merits of credit card

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7

8

9

10

The following is not used in E-Banking

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Credit card

Debit card

Cheque

All the above

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

How many benefits of bankers

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4

5

6

7

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

Major function of Central Bank is.

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Open account

Provide lockers

Issue currency notes

All of the above

An increase in the reseve requirement causes.

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More credit Creation

Less Credit Creation

Stop credit creation

None of these

The first Pakitan Note es were issued in the denomination of.

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Rs. 5

Rs. 10

Rs.100

All of these

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

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