Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test With Answers

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Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test

Sr. # Questions Answers Choice
1 The first Pakitan Note es were issued in the denomination of. Rs. 5 Rs. 10 Rs.100 All of these
2 Dr. Shamshad Akhter is the Governor of State Bank of Pakistan. 12th 13th 14th 15th
3 First woman Governor of State Bank of Pakistan was. Dr. Ishrat Hussain Kassim Parekh S.U. Durani Dr. shamshad Akhtar
4 State Bank of Pakistan Amendment Act is. 1932 1997 1962 1956
5 State Bank of Pakistan Act is. 1956 1932 1962 1984
6 Loan Create Monopoly Inflation Deposits All the above
7 Part of cash of scheduled banks kept by centrla bank as per law is called. Specific reserves Satutory reserves Gneral Reserves All the above
8 The Governor of SBP is oppointed for. Five years Four years Three years Two years
9 Major function of Central Bank is. Open account Provide lockers Issue currency notes All of the above
10 The Weapons of Monetary policy are. Two Three Four Five
11 The principle of note issue are. Currency Principles Banking Principles Both a and b None of these
12 Deposits create Inflation Loan Monopoly All the above
13 The principle of not issue is Currency principle Discount rate principle Bank rate principle All the above
14 Which method of note issue is prevailing in Pakistan after 1965 Min. Reserve System Proportional system Fixed Fiduciary system None of the above
15 Which bank is called the mother of Central Banks. World Bank Bank of Vence Royal Bank of Scotland Bank of England
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