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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
After 31st Decemebr 1965 Pakistan use
Choose an answer
Min. Reserve system
Fixed Fiduciary system
Proportional Reserve
None of these
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Question # 2
In case of inflation Bank rate.
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Constant
Decreases
Increases
None of these
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Question # 3
Deposits create
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Inflation
Loan
Monopoly
All the above
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Question # 4
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 # 5
Whihc of the following is the most elastic method for issuing notes.
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Fix fiduciary system
Minium Reserve system
Proportional Reserve system
None of these
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Question # 6
E-Banking provides benefits to the following
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Accountholder
Banker
Economy
All the above
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Question # 7
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 # 8
What is necessary to withdraw money through ATM
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I.D. card
Cheque
Pin code
None of these
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Question # 9
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
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Question # 10
Loan Create
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Monopoly
Inflation
Deposits
All the above
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Question # 11
How many benefits of customers
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5
6
7
8
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Question # 12
How many merits of debit card
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5
6
7
8
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Question # 13
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 # 14
The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in
Choose an answer
31th December 1965
23rd March 1940
Jan 1962
October 1948
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Question # 15
How many merits of credit card
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7
8
9
10
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