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

Deposits create

Question # 2

Qualitative methods of monetary policy donot include.

Question # 3

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

Question # 4

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

Question # 5

Part of cash of scheduled banks kept by centrla bank as per law is called.

Question # 6

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

Question # 7

Major function of Central Bank is.

Question # 8

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

Question # 9

Central Bank is the Leader of.

Question # 10

What is the full form is ATM

Question # 11

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

Question # 12

State Bank of Pakistan was established on.

Question # 13

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

Question # 14

How many benefits of bankers

Question # 15

The departments of State Bank of Pakistan includes.

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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 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
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 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above
4 Deposits create
A. Inflation
B. Loan
C. Monopoly
D. All the above
5 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
6 State Bank of Pakistan can also be called as.
A. Central Bank
B. Reserve Bank
C. Monetary Authority
D. All the above
7 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
8 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
9 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
10 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above

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