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

Which method of note issue is prevailing in Pakistan after 1965

Question # 2

State Bank of Pakistan can also be called as.

Question # 3

The quantitative methods of credit control are in nature.

Question # 4

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

Question # 5

What is the purpose of using credit card

Question # 6

Open market operation means.

Question # 7

Certain Percentage of Gold to issue currency notes.

Question # 8

E-Banking provides benefits to the following

Question # 9

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

Question # 10

How many products of E banking

Question # 11

State Bank of Pakistan was established on.

Question # 12

ATM is used to withdraw money from the

Question # 13

How many merits of debit card

Question # 14

After 31st Decemebr 1965 Pakistan use

Question # 15

How many advantages of e banking

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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 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
2 If Central Bank wants to increase the quantity of money in country it.
A. Sells securities
B. Purchase securities
C. Create Credit
D. All the above
3 How many benefits of customers
A. 5
B. 6
C. 7
D. 8
4 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above
5 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
6 The capital of stat bank of the time of establishment was.
A. Rs. 30 millions
B. Rs. 450 milliions
C. Rs.300 millions
D. Rs. 30 billions
7 The Lady Phd.Governors of State Bank of Paksitan inclued.
A. M. Yaqoob
B. Ishrat Hussain
C. Shamshad Akhtar
D. All of these
8 How many benefits of economy
A. 2
B. 3
C. 4
D. 5
9 State Bank of Paksitan was established on
A. 1st July 1949
B. Ist July 1948
C. Ist July 1694
D. Ist July 1964
10 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system

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