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

How many merits of credit card

Question # 2

The principle of note issue are.

Question # 3

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

Question # 4

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

Question # 5

The principle of not issue is

Question # 6

What is necessary to withdraw money through ATM

Question # 7

Major function of Central Bank is.

Question # 8

Which method of note issue is prevailing in Pakistan after 1965

Question # 9

Which 0f the following is the objective of central bank.

Question # 10

First woman Governor of State Bank of Pakistan was.

Question # 11

The Governor of SBP is oppointed for.

Question # 12

Which bank is called the mother of Central Banks.

Question # 13

The Weapons of Monetary policy are.

Question # 14

Loan Create

Question # 15

After 31st Decemebr 1965 Pakistan use

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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 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
2 State Bank of Pakistan Act is.
A. 1956
B. 1932
C. 1962
D. 1984
3 Which bank is called the mother of Central Banks.
A. World Bank
B. Bank of Vence
C. Royal Bank of Scotland
D. Bank of England
4 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
5 How many benefits of bankers
A. 4
B. 5
C. 6
D. 7
6 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
7 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
8 The rate at which commercial banks and centrla bank buys and sells foreign currency.
A. Bank Rate
B. Inter Bank rate
C. Intrest rate
D. Discount rate
9 How many benefits of customers
A. 5
B. 6
C. 7
D. 8
10 Which of the following is not an objective of central bank.
A. Economic development
B. Helping Govt
C. Walfare of economy
D. Credit creation

Test Questions

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