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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
State Bank of Paksitan was established on
Choose an answer
1st July 1949
Ist July 1948
Ist July 1694
Ist July 1964
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Question # 2
The Central Bank sells Govt. Securities in.
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Summer
Deflation
Winter
Inflation
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Question # 3
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
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Question # 4
E-Banking provides benefits to the following
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Accountholder
Banker
Economy
All the above
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Question # 5
State Bank of Pakistan Amendment Act is.
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1932
1997
1962
1956
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Question # 6
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
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Question # 7
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 # 8
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 # 9
The capital of stat bank of the time of establishment was.
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Rs. 30 millions
Rs. 450 milliions
Rs.300 millions
Rs. 30 billions
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Question # 10
In case of inflation Bank rate.
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Constant
Decreases
Increases
None of these
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Question # 11
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 # 12
The Weapons of Monetary policy are.
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Two
Three
Four
Five
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Question # 13
Major function of Central Bank is.
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Open account
Provide lockers
Issue currency notes
All of the above
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Question # 14
The departments of State Bank of Pakistan includes.
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Note issuing deptt
Bankng deptt
Foreign exchange deptt
All the above
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Question # 15
The Lady Phd.Governors of State Bank of Paksitan inclued.
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M. Yaqoob
Ishrat Hussain
Shamshad Akhtar
All of these
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Question # 16
Pakistan has used methods of note issue.
Choose an answer
Proportional reserve system
Min. Reserve system
Both a and b
Fixed fiduciary system
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Question # 17
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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