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

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

Question # 2

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

Question # 3

The rate at which commercial banks and centrla bank buys and sells foreign currency.

Question # 4

Loan Create

Question # 5

Deposits create

Question # 6

Major function of Central Bank is.

Question # 7

The principle of not issue is

Question # 8

Pakistan has used methods of note issue.

Question # 9

Up to December 1965, Pakistan used method of note issue.

Question # 10

Qualitative methods are control over.

Question # 11

What is the full form is ATM

Question # 12

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

Question # 13

How many products of E banking

Question # 14

The Weapons of Monetary policy are.

Question # 15

How many benefits of economy

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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 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
2 Major function of Central Bank is.
A. Open account
B. Provide lockers
C. Issue currency notes
D. All of the above
3 The Lady Phd.Governors of State Bank of Paksitan inclued.
A. M. Yaqoob
B. Ishrat Hussain
C. Shamshad Akhtar
D. All of these
4 Whihc of the following is the most elastic method for issuing notes.
A. Fix fiduciary system
B. Minium Reserve system
C. Proportional Reserve system
D. None of these
5 The Central Bank sells Govt. Securities in.
A. Summer
B. Deflation
C. Winter
D. Inflation
6 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
7 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
8 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
9 What is necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these
10 If Central Bank wants to decreae the quantity of money in country it
A. Sells Securities
B. Purchase Securities
C. Create Credit
D. All the above

Test Questions

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