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

In case of inflation Bank rate.

Question # 2

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

Question # 3

Major function of Central Bank is.

Question # 4

How many products of E banking

Question # 5

Which bank is called the mother of Central Banks.

Question # 6

State Bank of Pakistan can also be called as.

Question # 7

The capital of stat bank of the time of establishment was.

Question # 8

Services provided by on line banking

Question # 9

How many advantages of e banking

Question # 10

Up to December 1965, Pakistan used method of note issue.

Question # 11

State Bank of Paksitan was established on

Question # 12

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

Question # 13

Open market operation means.

Question # 14

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

Question # 15

Pakistan has used methods of note issue.

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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 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
2 The principle of not issue is
A. Currency principle
B. Discount rate principle
C. Bank rate principle
D. All the above
3 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar
4 How many benefits of bankers
A. 4
B. 5
C. 6
D. 7
5 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
6 The principle of note issue are.
A. Currency Principles
B. Banking Principles
C. Both a and b
D. None of these
7 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
8 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
9 Services provided by on line banking
A. Depositing the money into the account
B. Withdrawal the money from bank
C. Transfer of money
D. All the above
10 The first Pakitan Note es were issued in the denomination of.
A. Rs. 5
B. Rs. 10
C. Rs.100
D. All of these

Test Questions