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

E-Banking provides benefits to the following

Question # 2

An increase in the reseve requirement causes.

Question # 3

Major function of Central Bank is.

Question # 4

What is necessary to withdraw money through ATM

Question # 5

The automatic delivery of banking products and services to customers through interactive electronic communication is called

Question # 6

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

Question # 7

How many benefits of economy

Question # 8

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

Question # 9

The Central Bank sells Govt. Securities in.

Question # 10

The Weapons of Monetary policy are.

Question # 11

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

Question # 12

State Bank of Pakistan can also be called as.

Question # 13

In case of inflation Bank rate.

Question # 14

Open market operation means.

Question # 15

Qualitative methods are control over.

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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 the purpose of using credit card
A. To purchases goods and services
B. To win the prized from banks
C. To travel abroad
D. To invest the saving
2 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
3 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
4 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
5 State Bank of Pakistan can also be called as.
A. Central Bank
B. Reserve Bank
C. Monetary Authority
D. All the above
6 The Lady Phd.Governors of State Bank of Paksitan inclued.
A. M. Yaqoob
B. Ishrat Hussain
C. Shamshad Akhtar
D. All of these
7 How many benefits of economy
A. 2
B. 3
C. 4
D. 5
8 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
9 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years
10 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these

Test Questions

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