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

A represntative handed over cheques to other banks are called.

Question # 2

Which 0f the following is the objective of central bank.

Question # 3

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

Question # 4

An increase in the reseve requirement causes.

Question # 5

Which bank is called the mother of Central Banks.

Question # 6

The Central Bank sells Govt. Securities in.

Question # 7

State Bank of Pakistan was established on.

Question # 8

In case of inflation Bank rate.

Question # 9

If Central Bank wants to increase the quantity of money in country it.

Question # 10

Deposits create

Question # 11

The Lady Phd.Governors of State Bank of Paksitan inclued.

Question # 12

Central Bank is the Leader of.

Question # 13

Qualitative methods are control over.

Question # 14

The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in

Question # 15

What is necessary to withdraw money through ATM

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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 The departments of State Bank of Pakistan includes.
A. Note issuing deptt
B. Bankng deptt
C. Foreign exchange deptt
D. All the above
2 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
3 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years
4 The Lady Phd.Governors of State Bank of Paksitan inclued.
A. M. Yaqoob
B. Ishrat Hussain
C. Shamshad Akhtar
D. All of these
5 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
6 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
7 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
8 How many merits of debit card
A. 5
B. 6
C. 7
D. 8
9 If Central Bank wants to increase the quantity of money in country it.
A. Sells securities
B. Purchase securities
C. Create Credit
D. All the above
10 How many benefits of bankers
A. 4
B. 5
C. 6
D. 7

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