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

Loan Create

Question # 2

State Bank of Pakistan was established on.

Question # 3

What is the purpose of using credit card

Question # 4

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

Question # 5

Part of cash of scheduled banks kept by centrla bank as per law is called.

Question # 6

The Central Bank sells Govt. Securities in.

Question # 7

What is necessary to withdraw money through ATM

Question # 8

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

Question # 9

The quantitative methods of credit control are in nature.

Question # 10

Quantitive methods are contral on

Question # 11

An increase in the reseve requirement causes.

Question # 12

After 31st Decemebr 1965 Pakistan use

Question # 13

Central Bank is the Leader of.

Question # 14

The principle of not issue is

Question # 15

How many merits of credit card

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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 departments of State Bank of Pakistan includes.
A. Note issuing deptt
B. Bankng deptt
C. Foreign exchange deptt
D. All the above
2 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
3 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
4 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
5 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
6 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
7 In case of inflation Bank rate.
A. Constant
B. Decreases
C. Increases
D. None of these
8 State Bank of Pakistan Act is.
A. 1956
B. 1932
C. 1962
D. 1984
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 How many benefits of customers
A. 5
B. 6
C. 7
D. 8

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