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

The rate at which commercial banks and centrla bank buys and sells foreign currency.

Question # 2

State Bank of Pakistan Act is.

Question # 3

Deposits create

Question # 4

Central Bank is the Leader of.

Question # 5

A represntative handed over cheques to other banks are called.

Question # 6

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

Question # 7

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

Question # 8

The Central Bank sells Govt. Securities in.

Question # 9

The following is not used in E-Banking

Question # 10

What is the purpose of using credit card

Question # 11

How many merits of debit card

Question # 12

Quantitive methods are contral on

Question # 13

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

Question # 14

Which method of note issue is prevailing in Pakistan after 1965

Question # 15

After 31st Decemebr 1965 Pakistan use

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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 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
2 Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
A. 12th
B. 13th
C. 14th
D. 15th
3 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
4 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
5 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar
6 Whihc of the following is the most elastic method for issuing notes.
A. Fix fiduciary system
B. Minium Reserve system
C. Proportional Reserve system
D. None of these
7 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
8 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
9 The first Pakitan Note es were issued in the denomination of.
A. Rs. 5
B. Rs. 10
C. Rs.100
D. All of these
10 How many benefits of customers
A. 5
B. 6
C. 7
D. 8

Test Questions

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