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

Question # 2

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

Question # 3

Qualitative methods of monetary policy donot include.

Question # 4

What is necessary to withdraw money through ATM

Question # 5

Central Bank is the Leader of.

Question # 6

How many merits of debit card

Question # 7

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

Question # 8

First woman Governor of State Bank of Pakistan was.

Question # 9

Qualitative methods are control over.

Question # 10

Pakistan has used methods of note issue.

Question # 11

State Bank of Paksitan was established on

Question # 12

How many benefits of customers

Question # 13

How many benefits of economy

Question # 14

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

Question # 15

Which method of note issue is prevailing in Pakistan after 1965

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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 The departments of State Bank of Pakistan includes.
A. Note issuing deptt
B. Bankng deptt
C. Foreign exchange deptt
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 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
4 Services provided by on line banking
A. Depositing the money into the account
B. Withdrawal the money from bank
C. Transfer of money
D. All the above
5 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
6 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
7 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
8 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
9 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
10 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

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