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

Quantitive methods are contral on

Question # 2

Qualitative methods are control over.

Question # 3

In the presence of cleairng house the use of cash transactions between banks

Question # 4

The following is not used in E-Banking

Question # 5

What is necessary to withdraw money through ATM

Question # 6

In case of inflation Bank rate.

Question # 7

The principle of note issue are.

Question # 8

Loan Create

Question # 9

State Bank of Pakistan can also be called as.

Question # 10

E-Banking provides benefits to the following

Question # 11

State Bank of Pakistan Act is.

Question # 12

What is the full form is ATM

Question # 13

The departments of State Bank of Pakistan includes.

Question # 14

The Central Bank sells Govt. Securities in.

Question # 15

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

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ICOM Part 2 English Medium Principles of Banking Chapter 3 MCQ's Test

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ICom Part II Class Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.# Question Answer
1 How many merits of debit card
A. 5
B. 6
C. 7
D. 8
2 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
3 What is the full form is ATM
A. Automated Teller Machine
B.
AsynchronousTransferMode
C.
AirTrafficManagement
D. None of these
4 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
5 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
6 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
7 State Bank of Pakistan was established on.
A. Tuesday Ist July 1948
B. Wednesday Is July 1948
C. Thursday Ist July 1948
D. Friday Ist July 1948
8 Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
A. 12th
B. 13th
C. 14th
D. 15th
9 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
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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