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

The Governor of SBP is oppointed for.

Question # 2

A represntative handed over cheques to other banks are called.

Question # 3

Qualitative methods of monetary policy donot include.

Question # 4

After 31st Decemebr 1965 Pakistan use

Question # 5

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

Question # 6

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

Question # 7

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

Question # 8

How many advantages of e banking

Question # 9

The departments of State Bank of Pakistan includes.

Question # 10

What is necessary to withdraw money through ATM

Question # 11

The rate at which commercial banks and centrla bank buys and sells foreign currency.

Question # 12

In case of inflation Bank rate.

Question # 13

The first Pakitan Note es were issued in the denomination of.

Question # 14

In how many days would a schque between banks clear through the clearing system.

Question # 15

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

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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 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
2 ATM is used to withdraw money from the
A. Branch of bank in which we have the account
B. Any branch of concerned bank
C. Other banks
D. All the above
3 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
4 State Bank of Paksitan was established on
A. 1st July 1949
B. Ist July 1948
C. Ist July 1694
D. Ist July 1964
5 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
6 Which of the following is not an objective of central bank.
A. Economic development
B. Helping Govt
C. Walfare of economy
D. Credit creation
7 The Central Bank sells Govt. Securities in.
A. Summer
B. Deflation
C. Winter
D. Inflation
8 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
9 The following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
10 What is the full form is ATM
A. Automated Teller Machine
B.
AsynchronousTransferMode
C.
AirTrafficManagement
D. None of these

Test Questions

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