Question # 1

How many products of E banking

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5

6

7

8

What is necessary to withdraw money through ATM

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I.D. card

Cheque

Pin code

None of these

If Central Bank wants to increase the quantity of money in country it.

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Sells securities

Purchase securities

Create Credit

All the above

The departments of State Bank of Pakistan includes.

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Note issuing deptt

Bankng deptt

Foreign exchange deptt

All the above

The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in

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31th December 1965

23rd March 1940

Jan 1962

October 1948

Which 0f the following is the objective of central bank.

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Economic Development

Helping govt.

Welfare of Economy

All the above

How many benefits of customers

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5

6

7

8

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

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

State Bank of Pakistan Act is.

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1956

1932

1962

1984

Whihc of the following is the most elastic method for issuing notes.

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Fix fiduciary system

Minium Reserve system

Proportional Reserve system

None of these

How many merits of debit card

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5

6

7

8

Certain Percentage of Gold to issue currency notes.

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Fixed Fiduciary method

Proportionate Reserve

Min. Reserve system

None of these

State Bank of Pakistan can also be called as.

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Central Bank

Reserve Bank

Monetary Authority

All the above

How many benefits of bankers

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4

5

6

7

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

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Commission

Rent

Intrest

Carriage

The Central Bank sells Govt. Securities in.

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Summer

Deflation

Winter

Inflation

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

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