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

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

Question # 2

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

Question # 3

State Bank of Pakistan was established on.

Question # 4

Which method of note issue is prevailing in Pakistan after 1965

Question # 5

Loan Create

Question # 6

Qualitative methods of monetary policy donot include.

Question # 7

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

Question # 8

The Governor of SBP is oppointed for.

Question # 9

A represntative handed over cheques to other banks are called.

Question # 10

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

Question # 11

The principle of not issue is

Question # 12

What is the purpose of using credit card

Question # 13

After 31st Decemebr 1965 Pakistan use

Question # 14

State Bank of Paksitan was established on

Question # 15

Deposits create

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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 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
2 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
3 The Central Bank sells Govt. Securities in.
A. Summer
B. Deflation
C. Winter
D. Inflation
4 The Weapons of Monetary policy are.
A. Two
B. Three
C. Four
D. Five
5 Part of cash of scheduled banks kept by centrla bank as per law is called.
A. Specific reserves
B. Satutory reserves
C. Gneral Reserves
D. All the above
6 The automatic delivery of banking products and services to customers through interactive electronic communication is called
A. E banking
B. Electronic banking
C. Both a and b
D. None of these
7 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
8 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
9 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
10 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public

Test Questions