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

Open market operation means.

Question # 2

The Central Bank sells Govt. Securities in.

Question # 3

How many benefits of bankers

Question # 4

At Present the Governor of State Bank of Pakistan is.

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

Central Bank is the Leader of.

Question # 9

A represntative handed over cheques to other banks are called.

Question # 10

Major function of Central Bank is.

Question # 11

Which bank is called the mother of Central Banks.

Question # 12

The quantitative methods of credit control are in nature.

Question # 13

How many benefits of customers

Question # 14

The departments of State Bank of Pakistan includes.

Question # 15

In case of inflation Bank rate.

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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 necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these
2 The departments of State Bank of Pakistan includes.
A. Note issuing deptt
B. Bankng deptt
C. Foreign exchange deptt
D. All the above
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 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
5 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years
6 How many benefits of economy
A. 2
B. 3
C. 4
D. 5
7 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
8 Which method of note issue is prevailing in Pakistan after 1965
A. Min. Reserve System
B. Proportional system
C. Fixed Fiduciary system
D. None of the above
9 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
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

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