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

How many merits of debit card

Question # 2

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

Question # 3

Which method of note issue is prevailing in Pakistan after 1965

Question # 4

The departments of State Bank of Pakistan includes.

Question # 5

Which of the following is not an objective of central bank.

Question # 6

Services provided by on line banking

Question # 7

E-Banking provides benefits to the following

Question # 8

The Governor of SBP is oppointed for.

Question # 9

What is the full form is ATM

Question # 10

State Bank of Pakistan Act is.

Question # 11

Pakistan has used methods of note issue.

Question # 12

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

Question # 13

Open market operation means.

Question # 14

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

Question # 15

The principle of not issue is

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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 An increase in the reseve requirement causes.
A. More credit Creation
B. Less Credit Creation
C. Stop credit creation
D. None of these
2 The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.
A. Commission
B. Rent
C. Intrest
D. Carriage
3 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
4 The rate at which commercial banks and centrla bank buys and sells foreign currency.
A. Bank Rate
B. Inter Bank rate
C. Intrest rate
D. Discount rate
5 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
6 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
7 How many benefits of economy
A. 2
B. 3
C. 4
D. 5
8 The Lady Phd.Governors of State Bank of Paksitan inclued.
A. M. Yaqoob
B. Ishrat Hussain
C. Shamshad Akhtar
D. All of these
9 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years
10 Whihc of the following is the most elastic method for issuing notes.
A. Fix fiduciary system
B. Minium Reserve system
C. Proportional Reserve system
D. None of these

Test Questions

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