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

Qualitative methods of monetary policy donot include.

Question # 2

Major function of Central Bank is.

Question # 3

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

Question # 4

How many merits of debit card

Question # 5

In case of inflation Bank rate.

Question # 6

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

Question # 7

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

Question # 8

The automatic delivery of banking products and services to customers through interactive electronic communication is called

Question # 9

After 31st Decemebr 1965 Pakistan use

Question # 10

E-Banking provides benefits to the following

Question # 11

How many benefits of economy

Question # 12

At Present the Governor of State Bank of Pakistan is.

Question # 13

The following is not used in E-Banking

Question # 14

Certain Percentage of Gold to issue currency notes.

Question # 15

A represntative handed over cheques to other banks are 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 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
2 State Bank of Paksitan was established on
A. 1st July 1949
B. Ist July 1948
C. Ist July 1694
D. Ist July 1964
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 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
5 Certain Percentage of Gold to issue currency notes.
A. Fixed Fiduciary method
B. Proportionate Reserve
C. Min. Reserve system
D. None of these
6 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
7 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
8 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
9 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years
10 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above

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