Question # 1

Loan Create

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Monopoly

Inflation

Deposits

All the above

Which bank is called the mother of Central Banks.

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World Bank

Bank of Vence

Royal Bank of Scotland

Bank of England

How many benefits of customers

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5

6

7

8

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

Which method of note issue is prevailing in Pakistan after 1965

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Min. Reserve System

Proportional system

Fixed Fiduciary system

None of the above

After 31st Decemebr 1965 Pakistan use

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Min. Reserve system

Fixed Fiduciary system

Proportional Reserve

None of these

State Bank of Pakistan was established on.

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Tuesday Ist July 1948

Wednesday Is July 1948

Thursday Ist July 1948

Friday Ist July 1948

What is necessary to withdraw money through ATM

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I.D. card

Cheque

Pin code

None of these

E-Banking provides benefits to the following

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Accountholder

Banker

Economy

All the above

Certain Percentage of Gold to issue currency notes.

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Fixed Fiduciary method

Proportionate Reserve

Min. Reserve system

None of these

At Present the Governor of State Bank of Pakistan is.

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Dr. Ishrat Hussain

Saleem Raza

Shahid Hafiz Kardar

Shahid Mahmood Wathra

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

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

State Bank of Pakistan can also be called as.

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Central Bank

Reserve Bank

Monetary Authority

All the above

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

How many products of E banking

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5

6

7

8

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

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