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

How many merits of debit card

Question # 2

How many benefits of customers

Question # 3

Quantitive methods are contral on

Question # 4

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

Question # 5

ATM is used to withdraw money from the

Question # 6

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

Question # 7

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

Question # 8

Which bank is called the mother of Central Banks.

Question # 9

The principle of not issue is

Question # 10

An increase in the reseve requirement causes.

Question # 11

Qualitative methods of monetary policy donot include.

Question # 12

Qualitative methods are control over.

Question # 13

What is necessary to withdraw money through ATM

Question # 14

State Bank of Pakistan Amendment Act is.

Question # 15

State Bank of Pakistan can also be called as.

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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 The Lady Phd.Governors of State Bank of Paksitan inclued.
A. M. Yaqoob
B. Ishrat Hussain
C. Shamshad Akhtar
D. All of these
2 How many benefits of bankers
A. 4
B. 5
C. 6
D. 7
3 Services provided by on line banking
A. Depositing the money into the account
B. Withdrawal the money from bank
C. Transfer of money
D. All the above
4 The principle of note issue are.
A. Currency Principles
B. Banking Principles
C. Both a and b
D. None of these
5 State Bank of Pakistan can also be called as.
A. Central Bank
B. Reserve Bank
C. Monetary Authority
D. All the above
6 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
7 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
8 The rate at which commercial banks and centrla bank buys and sells foreign currency.
A. Bank Rate
B. Inter Bank rate
C. Intrest rate
D. Discount rate
9 ATM is used to withdraw money from the
A. Branch of bank in which we have the account
B. Any branch of concerned bank
C. Other banks
D. All the above
10 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

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