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 purpose of using credit card

Question # 2

Which bank is called the mother of Central Banks.

Question # 3

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

Question # 4

Major function of Central Bank is.

Question # 5

The Weapons of Monetary policy are.

Question # 6

How many advantages of e banking

Question # 7

What is the full form is ATM

Question # 8

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

Question # 9

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

Question # 10

Qualitative methods are control over.

Question # 11

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

Question # 12

ATM is used to withdraw money from the

Question # 13

The principle of not issue is

Question # 14

First woman Governor of State Bank of Pakistan was.

Question # 15

State Bank of Paksitan was established on

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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 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
2 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
3 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
4 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
5 The Central Bank sells Govt. Securities in.
A. Summer
B. Deflation
C. Winter
D. Inflation
6 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
7 Part of cash of scheduled banks kept by centrla bank as per law is called.
A. Specific reserves
B. Satutory reserves
C. Gneral Reserves
D. All the above
8 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
9 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
10 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6

Test Questions

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