ICOM Part 2 English Medium Principles of Banking Chapter 3 MCQ's Test

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

Start Chapter 3 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 3 (Electronic Banking)

Sr. # Questions Answers Choice
1 After 31st Decemebr 1965 Pakistan use
  • A. Min. Reserve system
  • B. Fixed Fiduciary system
  • C. Proportional Reserve
  • D. None of these
2 The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in
  • A. 31th December 1965
  • B. 23rd March 1940
  • C. Jan 1962
  • D. October 1948
3 How many products of E banking
  • A. 5
  • B. 6
  • C. 7
  • D. 8
4 The Governor of SBP is oppointed for.
  • A. Five years
  • B. Four years
  • C. Three years
  • D. Two years
5 The Weapons of Monetary policy are.
  • A. Two
  • B. Three
  • C. Four
  • D. Five
6 State Bank of Pakistan Amendment Act is.
  • A. 1932
  • B. 1997
  • C. 1962
  • D. 1956
7 The following is not used in E-Banking
  • A. Credit card
  • B. Debit card
  • C. Cheque
  • D. All the above
8 What is the purpose of using credit card
  • A. To purchases goods and services
  • B. To win the prized from banks
  • C. To travel abroad
  • D. To invest the saving
9 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
10 The capital of stat bank of the time of establishment was.
  • A. Rs. 30 millions
  • B. Rs. 450 milliions
  • C. Rs.300 millions
  • D. Rs. 30 billions

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