Question # 1

The principle of note issue are.

Choose an answer

Currency Principles

Banking Principles

Both a and b

None of these

Who used to tak gold and precfious metal as safe custody.

Choose an answer

Merchants

Kings

Money Lenders

Gold Smiths

Which bank is called the mother of Central Banks.

Choose an answer

World Bank

Bank of Vence

Royal Bank of Scotland

Bank of England

Bank draft is a credit instrument.

Choose an answer

Negotiable

Non negotiable

Unreadable

None of these

Saving account can be opened by:

Choose an answer

An individual

A group of persons

The institutions

All of the above

Who was the founder of commercial bank

Choose an answer

Goldsmiths

Merchants

Money lenders

All the above

Which of the following is not use to E-Banking .

Choose an answer

ATM card

Credit card

Cheque

Debit cards

When was ADBP established

Choose an answer

1957

1961

1963

1965

What is the objective of foreign exchange control

Choose an answer

To stabilize exchange rate

To increase government revenue

Favorable balance of payment

All the above

Bank should advance loans to those people who are strong

Choose an answer

Financially

Domestically

Politically

All the above

Which of the following is not an example of plastic money

Choose an answer

Debit card

ATM card

Currency notes

Credit card

State Bank of Pakistan can also be called as.

Choose an answer

Central Bank

Reserve Bank

Monetary Authority

All the above

Customer can with draw money only after the expiry of fixed time:

Choose an answer

From saving account

From current account

From fixed deposit

From all of the above

Banking companies ordinace is

Choose an answer

1962

1984

1932

1694

The nature of money market in Pakistan.

Choose an answer

Under developed

Developed

Dualistic nature

None of these

The departments of State Bank of Pakistan includes.

Choose an answer

Note issuing deptt

Bankng deptt

Foreign exchange deptt

All the above

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer