Question # 1

When was the first central bank of sub-continent established:

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1635

1732

1835

1935

Capital market deals in

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Common stocks

Shares

Debentures

All of these

If a credit card is lost, what should the holder do.

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Report to employer

Report to bank

Report to insurance co.

All the above

Open market operation means.

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Purchase and sale of shares

Purchases and sale of securities

Purchase and sale of assets

None of these

Electronic banking transaction Ordinance is.

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1974

2002

1984

1962

A developed or organized money market is always

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Elastic

Less elastic

More elastic

Not elastic

Which document does reveal the internal affairs of a bank

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus

The more increase in exchange rate for a country under gold standard is called

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Lower specie point

Middle specie point

Upper specie point

None of the above

The demand for and supply of foreign exchange is regulated by.

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Central bank

World bank

Commercial bank

All of these

The person who pledges the goods with the banker as security is called.

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Pledgee

Mortagager

Pledger

Mortagagee

If the demand of any country's currency increases then rate of exchange becomes

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Favorable

Unfavorable

Both a and b

None of these

Scheduled Bank Can be registered under SBP Act.

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1956 Sec. 38 (1)

1957 Sec. 37 (1)

1956 Sec. 137 (1)

1956 Sec. 43(1)

The quantitative methods of credit control are in nature.

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General

Selective

Optional

None of these

The draft whihc is drawn and paid intwo different countries.

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Inland draft

Ordered draft

Foreign draft

Home draft

What is necessary to withdraw money through ATM

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I.D. card

Cheque

Pin code

None of these

If the rate of interest (profit) on the bank deposits is higher then the banks keep:

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Less cash reserve

Less margin rate

More cash reserve

None of the above

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

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