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

An increase in the reseve requirement causes.

Question # 2

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

Question # 3

State Bank of Pakistan can also be called as.

Question # 4

How many benefits of bankers

Question # 5

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

Question # 6

Which method of note issue is prevailing in Pakistan after 1965

Question # 7

Qualitative methods of monetary policy donot include.

Question # 8

The principle of note issue are.

Question # 9

Which 0f the following is the objective of central bank.

Question # 10

The Weapons of Monetary policy are.

Question # 11

Major function of Central Bank is.

Question # 12

How many products of E banking

Question # 13

How many benefits of customers

Question # 14

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

Question # 15

Quantitive methods are contral on

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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 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar
2 Which bank is called the mother of Central Banks.
A. World Bank
B. Bank of Vence
C. Royal Bank of Scotland
D. Bank of England
3 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
4 Which method of note issue is prevailing in Pakistan after 1965
A. Min. Reserve System
B. Proportional system
C. Fixed Fiduciary system
D. None of the above
5 In how many days would a schque between banks clear through the clearing system.
A. 7 days
B. 3 days
C. 10 days
D. 5 days
6 Up to December 1965, Pakistan used method of note issue.
A. Proportional Reserve system
B. Min. Reserve system
C. Fixed fiduciary system
D. All of these
7 How many products of E banking
A. 5
B. 6
C. 7
D. 8
8 The Central Bank sells Govt. Securities in.
A. Summer
B. Deflation
C. Winter
D. Inflation
9 Part of cash of scheduled banks kept by centrla bank as per law is called.
A. Specific reserves
B. Satutory reserves
C. Gneral Reserves
D. All the above
10 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these

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