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

At Present the Governor of State Bank of Pakistan is.

Question # 2

How many benefits of bankers

Question # 3

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

Question # 4

A represntative handed over cheques to other banks are called.

Question # 5

The principle of not issue is

Question # 6

How many merits of debit card

Question # 7

The Lady Phd.Governors of State Bank of Paksitan inclued.

Question # 8

State Bank of Paksitan was established on

Question # 9

Major function of Central Bank is.

Question # 10

ATM is used to withdraw money from the

Question # 11

The Central Bank sells Govt. Securities in.

Question # 12

State Bank of Pakistan can also be called as.

Question # 13

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

Question # 14

The Governor of SBP is oppointed for.

Question # 15

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

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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 If Central Bank wants to increase the quantity of money in country it.
A. Sells securities
B. Purchase securities
C. Create Credit
D. All the above
2 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar
3 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
4 The following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
5 Which of the following is not an objective of central bank.
A. Economic development
B. Helping Govt
C. Walfare of economy
D. Credit creation
6 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
7 State Bank of Paksitan was established on
A. 1st July 1949
B. Ist July 1948
C. Ist July 1694
D. Ist July 1964
8 Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
A. 12th
B. 13th
C. 14th
D. 15th
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 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing

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