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

State Bank of Pakistan Amendment Act is.

Question # 2

E-Banking provides benefits to the following

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

The principle of note issue are.

Question # 6

What is the full form is ATM

Question # 7

Central Bank is the Leader of.

Question # 8

ATM is used to withdraw money from the

Question # 9

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

Question # 10

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

Question # 11

What is necessary to withdraw money through ATM

Question # 12

How many benefits of economy

Question # 13

The first Pakitan Note es were issued in the denomination of.

Question # 14

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

Question # 15

The departments of State Bank of Pakistan includes.

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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 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above
2 The Central Bank sells Govt. Securities in.
A. Summer
B. Deflation
C. Winter
D. Inflation
3 The principle of note issue are.
A. Currency Principles
B. Banking Principles
C. Both a and b
D. None of these
4 Certain Percentage of Gold to issue currency notes.
A. Fixed Fiduciary method
B. Proportionate Reserve
C. Min. Reserve system
D. None of these
5 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
6 What is the full form is ATM
A. Automated Teller Machine
B.
AsynchronousTransferMode
C.
AirTrafficManagement
D. None of these
7 What is necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these
8 The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in
A. 31th December 1965
B. 23rd March 1940
C. Jan 1962
D. October 1948
9 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
10 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

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