12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 3 (Electronic Banking)

ICOM Part 2 English Medium Principles of Banking Chapter 3 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test"

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Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test

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Question # 1

Central Bank is the Leader of.

Question # 2

The Governor of SBP is oppointed for.

Question # 3

In case of inflation Bank rate.

Question # 4

In the presence of cleairng house the use of cash transactions between banks

Question # 5

State Bank of Pakistan can also be called as.

Question # 6

The capital of stat bank of the time of establishment was.

Question # 7

After 31st Decemebr 1965 Pakistan use

Question # 8

Part of cash of scheduled banks kept by centrla bank as per law is called.

Question # 9

The quantitative methods of credit control are in nature.

Question # 10

Quantitive methods are contral on

Question # 11

How many merits of debit card

Question # 12

The Central Bank sells Govt. Securities in.

Question # 13

Loan Create

Question # 14

Which bank is called the mother of Central Banks.

Question # 15

The principle of not issue is

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ICOM Part 2 English Medium Principles of Banking Chapter 3 MCQ's Test

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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 What is the full form is ATM
A. Automated Teller Machine
B.
AsynchronousTransferMode
C.
AirTrafficManagement
D. None of these
2 State Bank of Pakistan Act is.
A. 1956
B. 1932
C. 1962
D. 1984
3 The principle of note issue are.
A. Currency Principles
B. Banking Principles
C. Both a and b
D. None of these
4 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
5 What is necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these
6 An increase in the reseve requirement causes.
A. More credit Creation
B. Less Credit Creation
C. Stop credit creation
D. None of these
7 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
8 How many products of E banking
A. 5
B. 6
C. 7
D. 8
9 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
10 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956

Test Questions

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