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

E-Banking provides benefits to the following

Question # 2

The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in

Question # 3

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

Question # 4

In case of inflation Bank rate.

Question # 5

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

Question # 6

The Central Bank sells Govt. Securities in.

Question # 7

How many benefits of customers

Question # 8

The automatic delivery of banking products and services to customers through interactive electronic communication is called

Question # 9

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

Question # 10

State Bank of Pakistan can also be called as.

Question # 11

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

Question # 12

The quantitative methods of credit control are in nature.

Question # 13

Services provided by on line banking

Question # 14

How many products of E banking

Question # 15

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

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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 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
2 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
3 Major function of Central Bank is.
A. Open account
B. Provide lockers
C. Issue currency notes
D. All of the above
4 What is the full form is ATM
A. Automated Teller Machine
B.
AsynchronousTransferMode
C.
AirTrafficManagement
D. None of these
5 The principle of not issue is
A. Currency principle
B. Discount rate principle
C. Bank rate principle
D. All the above
6 The departments of State Bank of Pakistan includes.
A. Note issuing deptt
B. Bankng deptt
C. Foreign exchange deptt
D. All the above
7 Which of the following is not an objective of central bank.
A. Economic development
B. Helping Govt
C. Walfare of economy
D. Credit creation
8 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
9 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
10 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these

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