12th Class ICom Part 2 Principles of Banking Chapter Wise Online MCQ Test with answers PDF English Medium

Principles of Banking Icom Part 2 English Medium Online Test

Sr. #	Questions	Answers Choice
1	If Central Bank wants to decreae the quantity of money in country it	Sells Securities Purchase Securities Create Credit All the above
2	The rate at which commercial banks and centrla bank buys and sells foreign currency.	Bank Rate Inter Bank rate Intrest rate Discount rate
3	The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.	Commission Rent Intrest Carriage
4	State Bank of Pakistan can also be called as.	Central Bank Reserve Bank Monetary Authority All the above
5	In the presence of cleairng house the use of cash transactions between banks	Increases Decreases Stops NO effect
6	The Lady Phd.Governors of State Bank of Paksitan inclued.	M. Yaqoob Ishrat Hussain Shamshad Akhtar All of these
7	At Present the Governor of State Bank of Pakistan is.	Dr. Ishrat Hussain Saleem Raza Shahid Hafiz Kardar Shahid Mahmood Wathra
8	The departments of State Bank of Pakistan includes.	Note issuing deptt Bankng deptt Foreign exchange deptt All the above
9	State Bank of Pakistan was established on.	Tuesday Ist July 1948 Wednesday Is July 1948 Thursday Ist July 1948 Friday Ist July 1948
10	State Bank of Paksitan was established on	1st July 1949 Ist July 1948 Ist July 1694 Ist July 1964
11	After 31st Decemebr 1965 Pakistan use	Min. Reserve system Fixed Fiduciary system Proportional Reserve None of these
12	Pakistan has used methods of note issue.	Proportional reserve system Min. Reserve system Both a and b Fixed fiduciary system
13	The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in	31th December 1965 23rd March 1940 Jan 1962 October 1948
14	The first Pakitan Note es were issued in the denomination of.	Rs. 5 Rs. 10 Rs.100 All of these
15	Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.	12th 13th 14th 15th

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