Question # 1

Qualitative methods are control over.

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Currency

Govt

Banks

Public

What is the full form is ATM

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Automated Teller Machine

AsynchronousTransferMode

AirTrafficManagement

None of these

Central Bank is the Leader of.

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Capital Market

Money Market

Both a and b

Open market

State Bank of Pakistan Amendment Act is.

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1932

1997

1962

1956

Deposits create

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Inflation

Loan

Monopoly

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

What is necessary to withdraw money through ATM

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I.D. card

Cheque

Pin code

None of these

The following is not used in E-Banking

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Credit card

Debit card

Cheque

All the above

How many merits of credit card

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7

8

9

10

The first Pakitan Note es were issued in the denomination of.

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Rs. 5

Rs. 10

Rs.100

All of these

State Bank of Pakistan can also be called as.

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Central Bank

Reserve Bank

Monetary Authority

All the above

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

Pakistan has used methods of note issue.

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Proportional reserve system

Min. Reserve system

Both a and b

Fixed fiduciary system

The rate at which commercial banks and centrla bank buys and sells foreign currency.

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Bank Rate

Inter Bank rate

Intrest rate

Discount rate

After 31st Decemebr 1965 Pakistan use

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Min. Reserve system

Fixed Fiduciary system

Proportional Reserve

None of these

In case of inflation Bank rate.

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Constant

Decreases

Increases

None of these

Loan Create

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Monopoly

Inflation

Deposits

All the above

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

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