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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
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 # 2
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 # 3
Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
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12th
13th
14th
15th
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Question # 4
State Bank of Pakistan Amendment Act is.
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1932
1997
1962
1956
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Question # 5
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 # 6
The Central Bank sells Govt. Securities in.
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Summer
Deflation
Winter
Inflation
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Question # 7
How many benefits of economy
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2
3
4
5
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Question # 8
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 # 9
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 # 10
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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Question # 11
How many merits of debit card
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5
6
7
8
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Question # 12
Certain Percentage of Gold to issue currency notes.
Choose an answer
Fixed Fiduciary method
Proportionate Reserve
Min. Reserve system
None of these
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Question # 13
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 # 14
State Bank of Paksitan was established on
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1st July 1949
Ist July 1948
Ist July 1694
Ist July 1964
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Question # 15
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 # 16
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 # 17
In the presence of cleairng house the use of cash transactions between banks
Choose an answer
Increases
Decreases
Stops
NO effect
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