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

What is the full form is ATM

Question # 2

How many products of E banking

Question # 3

Certain Percentage of Gold to issue currency notes.

Question # 4

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

Question # 5

Pakistan has used methods of note issue.

Question # 6

The capital of stat bank of the time of establishment was.

Question # 7

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

Question # 8

State Bank of Pakistan can also be called as.

Question # 9

State Bank of Pakistan Amendment Act is.

Question # 10

E-Banking provides benefits to the following

Question # 11

Which method of note issue is prevailing in Pakistan after 1965

Question # 12

How many advantages of e banking

Question # 13

The Central Bank sells Govt. Securities in.

Question # 14

Which of the following is not an objective of central bank.

Question # 15

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

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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 principle of note issue are.
A. Currency Principles
B. Banking Principles
C. Both a and b
D. None of these
2 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
3 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
4 In case of inflation Bank rate.
A. Constant
B. Decreases
C. Increases
D. None of these
5 State Bank of Pakistan can also be called as.
A. Central Bank
B. Reserve Bank
C. Monetary Authority
D. All the above
6 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
7 Certain Percentage of Gold to issue currency notes.
A. Fixed Fiduciary method
B. Proportionate Reserve
C. Min. Reserve system
D. None of these
8 Which method of note issue is prevailing in Pakistan after 1965
A. Min. Reserve System
B. Proportional system
C. Fixed Fiduciary system
D. None of the above
9 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years
10 Qualitative methods of monetary policy donot include.
A. Bank rate policy
B. Direct Actions
C. Publicity
D. Moral persuasion

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