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

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

Question # 2

How many benefits of economy

Question # 3

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

Question # 4

State Bank of Pakistan Act is.

Question # 5

The principle of not issue is

Question # 6

State Bank of Pakistan Amendment Act is.

Question # 7

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

Question # 8

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

Question # 9

The departments of State Bank of Pakistan includes.

Question # 10

Quantitive methods are contral on

Question # 11

Which method of note issue is prevailing in Pakistan after 1965

Question # 12

What is necessary to withdraw money through ATM

Question # 13

State Bank of Pakistan was established on.

Question # 14

In the presence of cleairng house the use of cash transactions between banks

Question # 15

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

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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 State Bank of Pakistan Act is.
A. 1956
B. 1932
C. 1962
D. 1984
2 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
3 What is necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these
4 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
5 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above
6 In case of inflation Bank rate.
A. Constant
B. Decreases
C. Increases
D. None of these
7 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years
8 At Present the Governor of State Bank of Pakistan is.
A. Dr. Ishrat Hussain
B. Saleem Raza
C. Shahid Hafiz Kardar
D. Shahid Mahmood Wathra
9 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
10 ATM is used to withdraw money from the
A. Branch of bank in which we have the account
B. Any branch of concerned bank
C. Other banks
D. All the above

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