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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
At Present the Governor of State Bank of Pakistan is.
Choose an answer
Dr. Ishrat Hussain
Saleem Raza
Shahid Hafiz Kardar
Shahid Mahmood Wathra
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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
The following is not used in E-Banking
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Credit card
Debit card
Cheque
All the above
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Question # 4
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 # 5
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
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Question # 6
The principle of note issue are.
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Currency Principles
Banking Principles
Both a and b
None of these
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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
ATM is used to withdraw money from the
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Branch of bank in which we have the account
Any branch of concerned bank
Other banks
All the above
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Question # 9
What is the full form is ATM
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Automated Teller Machine
Asynchronous
Transfer
Mode
Air
Traffic
Management
None of these
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Question # 10
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 # 11
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
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Question # 12
How many benefits of economy
Choose an answer
2
3
4
5
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Question # 13
A represntative handed over cheques to other banks are called.
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Outwaard clearing
Direct cheaning
Inward Clearing
Indirect Clearing
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Question # 14
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 # 15
Qualitative methods of monetary policy donot include.
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Bank rate policy
Direct Actions
Publicity
Moral persuasion
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Question # 16
Deposits create
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Inflation
Loan
Monopoly
All the above
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