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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
An increase in the reseve requirement causes.
Choose an answer
More credit Creation
Less Credit Creation
Stop credit creation
None of these
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Question # 2
If Central Bank wants to increase the quantity of money in country it.
Choose an answer
Sells securities
Purchase securities
Create Credit
All the above
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Question # 3
In the presence of cleairng house the use of cash transactions between banks
Choose an answer
Increases
Decreases
Stops
NO effect
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Question # 4
The Weapons of Monetary policy are.
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Two
Three
Four
Five
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Question # 5
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 # 6
Certain Percentage of Gold to issue currency notes.
Choose an answer
Fixed Fiduciary method
Proportionate Reserve
Min. Reserve system
None of these
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Question # 7
First woman Governor of State Bank of Pakistan was.
Choose an answer
Dr. Ishrat Hussain
Kassim Parekh
S.U. Durani
Dr. shamshad Akhtar
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Question # 8
Which 0f the following is the objective of central bank.
Choose an answer
Economic Development
Helping govt.
Welfare of Economy
All the above
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Question # 9
The capital of stat bank of the time of establishment was.
Choose an answer
Rs. 30 millions
Rs. 450 milliions
Rs.300 millions
Rs. 30 billions
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Question # 10
The Central Bank sells Govt. Securities in.
Choose an answer
Summer
Deflation
Winter
Inflation
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Question # 11
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 # 12
ATM is used to withdraw money from the
Choose an answer
Branch of bank in which we have the account
Any branch of concerned bank
Other banks
All the above
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Question # 13
What is necessary to withdraw money through ATM
Choose an answer
I.D. card
Cheque
Pin code
None of these
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Question # 14
The Governor of SBP is oppointed for.
Choose an answer
Five years
Four years
Three years
Two years
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Question # 15
State Bank of Pakistan was established on.
Choose an answer
Tuesday Ist July 1948
Wednesday Is July 1948
Thursday Ist July 1948
Friday Ist July 1948
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Question # 16
State Bank of Pakistan Act is.
Choose an answer
1956
1932
1962
1984
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