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

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Principles of Banking Icom Part 2 English Medium Online Test

Sr. # Questions Answers Choice
1 Sate Bank of Pakistan advises the federal and provincial governments on following matter Administrative Financial Political All the above
2 State Bank of Pakistan issues to scheduled banks for dealings in foreign exchange Statement License Certificate All the above
3 What is the name of central bank of Pakistan State Bank of Pakistan National Bank of Pakistan Bank of Pakistan Habib Bank Limited
4 What was the capital of State bank of Pakistan at the time of establishment 30 millions 300 millions 30 billions 300 billions
5 When the State Bank of Pakistan came into existence 1947 1948 1949 1970
6 Which one of the following is not the preference of state bank of Pakistan Expansion in banking system Control over the supply of money Equal distribution of credit To earn maximum profit
7 Which instrument is not dealt at stock exchange Shares Debentures Both a and b Bills of exchange
8 The number of financial institutions in money is Limited Fixed Unlimited All are possible
9 What is the major reason of Pakistan's unorganized money market Lack of cooperation among financial institutions Absence of democracy Issuance of loan on political basis All the above
10 A developed or organized money market is always Elastic Less elastic More elastic Not elastic
11 Who is the leader or supervisor of money market Government Central bank Commercial bank Money lender
12 The money market in Pakistan Is developed Is underdeveloped Both a & b Does not exist
13 Which institution is not the member of money market Commercial bank Discount houses HBFC All the above
14 Capital market does not deal in Shares Treasury bills Debentures Bonds
15 Money market deals in Promissory note Bills of exchange Marketable securities All the above
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