12th class Principle of Banking chapter 3 online mcq test with answers for ICom part 2 Principle of Banking Chapter 3 (Electronic Banking)

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Sr.#	Question	Answer
1	The Central Bank sells Govt. Securities in.	A. Summer B. Deflation C. Winter D. Inflation
2	The Lady Phd.Governors of State Bank of Paksitan inclued.	A. M. Yaqoob B. Ishrat Hussain C. Shamshad Akhtar D. All of these
3	The first Pakitan Note es were issued in the denomination of.	A. Rs. 5 B. Rs. 10 C. Rs.100 D. All of these
4	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
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	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
7	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
8	E-Banking provides benefits to the following	A. Accountholder B. Banker C. Economy D. All the above
9	The Governor of SBP is oppointed for.	A. Five years B. Four years C. Three years D. Two years
10	The Weapons of Monetary policy are.	A. Two B. Three C. Four D. Five