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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
State Bank of Paksitan was established on
Choose an answer
1st July 1949
Ist July 1948
Ist July 1694
Ist July 1964
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Question # 2
How many benefits of economy
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2
3
4
5
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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
Services provided by on line banking
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Depositing the money into the account
Withdrawal the money from bank
Transfer of money
All the above
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Question # 5
In case of inflation Bank rate.
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Constant
Decreases
Increases
None of these
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Question # 6
The Governor of SBP is oppointed for.
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Five years
Four years
Three years
Two years
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Question # 7
Which 0f the following is the objective of central bank.
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Economic Development
Helping govt.
Welfare of Economy
All the above
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Question # 8
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
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Question # 9
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 # 10
The Lady Phd.Governors of State Bank of Paksitan inclued.
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M. Yaqoob
Ishrat Hussain
Shamshad Akhtar
All of these
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Question # 11
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 # 12
What is the purpose of using credit card
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To purchases goods and services
To win the prized from banks
To travel abroad
To invest the saving
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Question # 13
In the presence of cleairng house the use of cash transactions between banks
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Increases
Decreases
Stops
NO effect
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Question # 14
Which of the following is not an objective of central bank.
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Economic development
Helping Govt
Walfare of economy
Credit creation
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Question # 15
In how many days would a schque between banks clear through the clearing system.
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7 days
3 days
10 days
5 days
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