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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
The Lady Phd.Governors of State Bank of Paksitan inclued.
Choose an answer
M. Yaqoob
Ishrat Hussain
Shamshad Akhtar
All of these
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Question # 2
Open market operation means.
Choose an answer
Purchase and sale of shares
Purchases and sale of securities
Purchase and sale of assets
None of these
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Question # 3
What is necessary to withdraw money through ATM
Choose an answer
I.D. card
Cheque
Pin code
None of these
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Question # 4
Services provided by on line banking
Choose an answer
Depositing the money into the account
Withdrawal the money from bank
Transfer of money
All the above
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Question # 5
How many advantages of e banking
Choose an answer
3
4
5
6
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Question # 6
If Central Bank wants to decreae the quantity of money in country it
Choose an answer
Sells Securities
Purchase Securities
Create Credit
All the above
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Question # 7
Which of the following is not an objective of central bank.
Choose an answer
Economic development
Helping Govt
Walfare of economy
Credit creation
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Question # 8
The Governor of SBP is oppointed for.
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Five years
Four years
Three years
Two years
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Question # 9
Whihc of the following is the most elastic method for issuing notes.
Choose an answer
Fix fiduciary system
Minium Reserve system
Proportional Reserve system
None of these
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Question # 10
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 # 11
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 # 12
State Bank of Pakistan Amendment Act is.
Choose an answer
1932
1997
1962
1956
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Question # 13
Which bank is called the mother of Central Banks.
Choose an answer
World Bank
Bank of Vence
Royal Bank of Scotland
Bank of England
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Question # 14
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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Question # 15
Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
Choose an answer
12th
13th
14th
15th
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Question # 16
In how many days would a schque between banks clear through the clearing system.
Choose an answer
7 days
3 days
10 days
5 days
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Question # 17
At Present the Governor of State Bank of Pakistan is.
Choose an answer
Dr. Ishrat Hussain
Saleem Raza
Shahid Hafiz Kardar
Shahid Mahmood Wathra
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