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

Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.

Question # 2

The quantitative methods of credit control are in nature.

Question # 3

ATM is used to withdraw money from the

Question # 4

Which of the following is not an objective of central bank.

Question # 5

After 31st Decemebr 1965 Pakistan use

Question # 6

Up to December 1965, Pakistan used method of note issue.

Question # 7

Pakistan has used methods of note issue.

Question # 8

The Weapons of Monetary policy are.

Question # 9

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

Question # 10

Loan Create

Question # 11

In case of inflation Bank rate.

Question # 12

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

Question # 13

The principle of not issue is

Question # 14

Whihc of the following is the most elastic method for issuing notes.

Question # 15

Deposits create

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

Sr.# Question Answer
1 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
2 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
3 In how many days would a schque between banks clear through the clearing system.
A. 7 days
B. 3 days
C. 10 days
D. 5 days
4 If Central Bank wants to decreae the quantity of money in country it
A. Sells Securities
B. Purchase Securities
C. Create Credit
D. All the above
5 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
6 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above
7 Up to December 1965, Pakistan used method of note issue.
A. Proportional Reserve system
B. Min. Reserve system
C. Fixed fiduciary system
D. All of these
8 What is the full form is ATM
A. Automated Teller Machine
B.
AsynchronousTransferMode
C.
AirTrafficManagement
D. None of these
9 Services provided by on line banking
A. Depositing the money into the account
B. Withdrawal the money from bank
C. Transfer of money
D. All the above
10 The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in
A. 31th December 1965
B. 23rd March 1940
C. Jan 1962
D. October 1948

Test Questions

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