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

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

Question # 2

In case of inflation Bank rate.

Question # 3

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

Question # 4

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

Question # 5

ATM is used to withdraw money from the

Question # 6

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

Question # 7

Central Bank is the Leader of.

Question # 8

State Bank of Pakistan Amendment Act is.

Question # 9

Certain Percentage of Gold to issue currency notes.

Question # 10

Qualitative methods are control over.

Question # 11

Deposits create

Question # 12

The Lady Phd.Governors of State Bank of Paksitan inclued.

Question # 13

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

Question # 14

Major function of Central Bank is.

Question # 15

A represntative handed over cheques to other banks are called.

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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 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
2 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
3 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
4 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
5 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
6 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar
7 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years
8 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above
9 The Weapons of Monetary policy are.
A. Two
B. Three
C. Four
D. Five
10 What is the full form is ATM
A. Automated Teller Machine
B.
AsynchronousTransferMode
C.
AirTrafficManagement
D. None of these

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