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

Question # 2

What is the purpose of using credit card

Question # 3

How many merits of credit card

Question # 4

How many merits of debit card

Question # 5

State Bank of Paksitan was established on

Question # 6

Open market operation means.

Question # 7

The Weapons of Monetary policy are.

Question # 8

After 31st Decemebr 1965 Pakistan use

Question # 9

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

Question # 10

Deposits create

Question # 11

The quantitative methods of credit control are in nature.

Question # 12

The rate at which commercial banks and centrla bank buys and sells foreign currency.

Question # 13

State Bank of Pakistan Act is.

Question # 14

Quantitive methods are contral on

Question # 15

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

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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 The Weapons of Monetary policy are.
A. Two
B. Three
C. Four
D. Five
2 Qualitative methods of monetary policy donot include.
A. Bank rate policy
B. Direct Actions
C. Publicity
D. Moral persuasion
3 How many benefits of bankers
A. 4
B. 5
C. 6
D. 7
4 Which of the following is not an objective of central bank.
A. Economic development
B. Helping Govt
C. Walfare of economy
D. Credit creation
5 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
6 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
7 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar
8 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
9 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
10 The departments of State Bank of Pakistan includes.
A. Note issuing deptt
B. Bankng deptt
C. Foreign exchange deptt
D. All the above

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