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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  • Total Questions15

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Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test

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Question # 1

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

Question # 2

The following is not used in E-Banking

Question # 3

State Bank of Pakistan Act is.

Question # 4

How many benefits of customers

Question # 5

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

Question # 6

Loan Create

Question # 7

State Bank of Pakistan can also be called as.

Question # 8

Qualitative methods are control over.

Question # 9

The quantitative methods of credit control are in nature.

Question # 10

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

Question # 11

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

Question # 12

Services provided by on line banking

Question # 13

Quantitive methods are contral on

Question # 14

The Weapons of Monetary policy are.

Question # 15

How many advantages of e banking

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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 Open market operation means.
A. Purchase and sale of shares
B. Purchases and sale of securities
C. Purchase and sale of assets
D. None of these
2 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
3 State Bank of Paksitan was established on
A. 1st July 1949
B. Ist July 1948
C. Ist July 1694
D. Ist July 1964
4 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
5 At Present the Governor of State Bank of Pakistan is.
A. Dr. Ishrat Hussain
B. Saleem Raza
C. Shahid Hafiz Kardar
D. Shahid Mahmood Wathra
6 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
7 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
8 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
9 How many merits of debit card
A. 5
B. 6
C. 7
D. 8
10 Certain Percentage of Gold to issue currency notes.
A. Fixed Fiduciary method
B. Proportionate Reserve
C. Min. Reserve system
D. None of these

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