Bank System Test 02 Preparation Online Shani Malik — May 21, 2018 in Economics • add comment Bank System Test 02 Preparation Online 1. This is a difficulty of barter?A. All of the aboveB. Lack of divisibility of many goods C. Difficulty to use larger scale in production D. Lack of double coincidence of wants 2. Nationalisation of banks ws done in?A. 1980B. 1978 C. 1974 D. 1976 3. Pakistan has a banking system?A. Developed B. Underdeveloped C. (a) and (c) of aboveD. Very unorganised 4. National Bank of Pakistan is?A. Investment bankB. Central bank C. Industrial bank D. Commercial bank 5. Functions of commercial bank are?A. Accept deposit, create deposit money and provide loans B. Accept deposit, provide loans, export goods C. Accept deposit, provide loans and control foreign exchangeD. Issue currency, create deposit money and provide loans 6. National Bank of Pakistan was established in?A. 1949 B. 1970C. 1959 D. 1969 7. Long term loans can be obtained in?A. Exchange marketB. Money market C. Capital market D. Stock market 8. Velocity of circulation of money means?A. Total supply of money B. Annual increase in currency notesC. Total demand for money D. The average number of times a unit of money changes hands 9. The bank established for loans to very small enterprises is called?A. SME Bank B. First Mini BankC. Modarba Bank D. Micro Finance Bank 10. Total number of branches of Pakistani banks is approximately?A. 9000B. 21500C. 3000 D. 15000 Loading...
