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

Qualitative methods of monetary policy donot include.

Question # 2

The principle of note issue are.

Question # 3

The Governor of SBP is oppointed for.

Question # 4

Which method of note issue is prevailing in Pakistan after 1965

Question # 5

Open market operation means.

Question # 6

E-Banking provides benefits to the following

Question # 7

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

Question # 8

The first Pakitan Note es were issued in the denomination of.

Question # 9

First woman Governor of State Bank of Pakistan was.

Question # 10

After 31st Decemebr 1965 Pakistan use

Question # 11

Deposits create

Question # 12

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

Question # 13

At Present the Governor of State Bank of Pakistan is.

Question # 14

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

Question # 15

Loan Create

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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 Up to December 1965, Pakistan used method of note issue.
A. Proportional Reserve system
B. Min. Reserve system
C. Fixed fiduciary system
D. All of these
2 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
3 What is necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these
4 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
5 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above
6 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
7 State Bank of Paksitan was established on
A. 1st July 1949
B. Ist July 1948
C. Ist July 1694
D. Ist July 1964
8 Deposits create
A. Inflation
B. Loan
C. Monopoly
D. All the above
9 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
10 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar

Test Questions

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