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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  • Total Questions15

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Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test

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Question # 1

The quantitative methods of credit control are in nature.

Question # 2

How many benefits of bankers

Question # 3

How many merits of credit card

Question # 4

The Central Bank sells Govt. Securities in.

Question # 5

In case of inflation Bank rate.

Question # 6

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

Question # 7

In the presence of cleairng house the use of cash transactions between banks

Question # 8

The first Pakitan Note es were issued in the denomination of.

Question # 9

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

Question # 10

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

Question # 11

Central Bank is the Leader of.

Question # 12

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

Question # 13

Which bank is called the mother of Central Banks.

Question # 14

What is the purpose of using credit card

Question # 15

The Governor of SBP is oppointed for.

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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 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above
3 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
4 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
5 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
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 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years
8 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
9 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
10 How many benefits of economy
A. 2
B. 3
C. 4
D. 5

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