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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  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test

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Question # 1

The departments of State Bank of Pakistan includes.

Question # 2

Open market operation means.

Question # 3

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

Question # 4

First woman Governor of State Bank of Pakistan was.

Question # 5

A represntative handed over cheques to other banks are called.

Question # 6

Qualitative methods are control over.

Question # 7

The Central Bank sells Govt. Securities in.

Question # 8

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

Question # 9

At Present the Governor of State Bank of Pakistan is.

Question # 10

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

Question # 11

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

Question # 12

State Bank of Pakistan can also be called as.

Question # 13

What is the purpose of using credit card

Question # 14

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

Question # 15

How many advantages of e banking

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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 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
2 State Bank of Pakistan was established on.
A. Tuesday Ist July 1948
B. Wednesday Is July 1948
C. Thursday Ist July 1948
D. Friday Ist July 1948
3 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
4 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
5 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
6 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above
7 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
8 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
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 automatic delivery of banking products and services to customers through interactive electronic communication is called
A. E banking
B. Electronic banking
C. Both a and b
D. None of these

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