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

Central Bank is the Leader of.

Question # 2

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

Question # 3

The Central Bank sells Govt. Securities in.

Question # 4

An increase in the reseve requirement causes.

Question # 5

State Bank of Paksitan was established on

Question # 6

The Weapons of Monetary policy are.

Question # 7

Pakistan has used methods of note issue.

Question # 8

State Bank of Pakistan was established on.

Question # 9

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

Question # 10

Services provided by on line banking

Question # 11

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

Question # 12

Which method of note issue is prevailing in Pakistan after 1965

Question # 13

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

Question # 14

E-Banking provides benefits to the following

Question # 15

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

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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 State Bank of Pakistan can also be called as.
A. Central Bank
B. Reserve Bank
C. Monetary Authority
D. All the above
2 What is the full form is ATM
A. Automated Teller Machine
B.
AsynchronousTransferMode
C.
AirTrafficManagement
D. None of these
3 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
4 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
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 quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
7 At Present the Governor of State Bank of Pakistan is.
A. Dr. Ishrat Hussain
B. Saleem Raza
C. Shahid Hafiz Kardar
D. Shahid Mahmood Wathra
8 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
9 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
10 Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
A. 12th
B. 13th
C. 14th
D. 15th

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