Question # 1

The following is not used in E-Banking

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Credit card

Debit card

Cheque

All the above

What is necessary to withdraw money through ATM

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I.D. card

Cheque

Pin code

None of these

The departments of State Bank of Pakistan includes.

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Note issuing deptt

Bankng deptt

Foreign exchange deptt

All the above

Which of the following is not an objective of central bank.

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Economic development

Helping Govt

Walfare of economy

Credit creation

Up to December 1965, Pakistan used method of note issue.

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Proportional Reserve system

Min. Reserve system

Fixed fiduciary system

All 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

The automatic delivery of banking products and services to customers through interactive electronic communication is called

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E banking

Electronic banking

Both a and b

None of these

Pakistan has used methods of note issue.

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Proportional reserve system

Min. Reserve system

Both a and b

Fixed fiduciary system

Major function of Central Bank is.

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Open account

Provide lockers

Issue currency notes

All of the above

State Bank of Pakistan was established on.

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Tuesday Ist July 1948

Wednesday Is July 1948

Thursday Ist July 1948

Friday Ist July 1948

Open market operation means.

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Purchase and sale of shares

Purchases and sale of securities

Purchase and sale of assets

None of these

Part of cash of scheduled banks kept by centrla bank as per law is called.

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Specific reserves

Satutory reserves

Gneral Reserves

All the above

The Weapons of Monetary policy are.

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Two

Three

Four

Five

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

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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