Question # 1

When were the Pakistani banks nationalized:

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1974

1984

1990

1994

How many advantages of e banking

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3

4

5

6

Qualitative methods of monetary policy do not include:

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Direct actions

Publicity

Bank rate policy

Moral pursuation

Which 0f the following is the objective of central bank.

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Economic Development

Helping govt.

Welfare of Economy

All the above

When was the "Bank of Venice" established:

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1127

1147

1157

1187

It is necessary for scheduled bank to

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Act on the instructions of central bank

Submit report to central bank

Get the books checked

Al the above

The market in which funds are borrowed of lent for a period of over one year.

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Money market

Capital market

Open market

None of these

When was Islamic Banking System introduced in Pakistan:

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1970

1972

1981

1982

The parties involved in a gurantee are.

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Debtor

Creditor

Guarantor

All these

For how many years the governor of State Bank of Pakistan is appointed:

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3 years

7 years

10 years

None of the above

A blind person can open account with bank.

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Current account

Fixed deposit account

Saving account

All the above

Scheduled bank keeps a certain amount of its deposits with central bank as

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Reserve capital

Bank rate

Subscribed capital

Authorized capital

Person having an account with a bank or having some similar relation with the bank is called

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Owner

Debtor

Consumer

Customer

The word Bank has been derived from the German word

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Back

Bancus

Banco

None of the above

the loans which cna be demanded back by bank at any time are called.

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Short term loans

Overdrats

Demand loans

Running Finance

The person who opens an account with the bank is called

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Employee of bank

Customer of bank

Account holder of bank

Owner of bank

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

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