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

An increase in the reseve requirement causes.

Question # 2

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

Question # 3

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

Question # 4

In case of inflation Bank rate.

Question # 5

Qualitative methods of monetary policy donot include.

Question # 6

Which method of note issue is prevailing in Pakistan after 1965

Question # 7

How many benefits of customers

Question # 8

How many benefits of economy

Question # 9

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

Question # 10

Deposits create

Question # 11

The principle of note issue are.

Question # 12

A represntative handed over cheques to other banks are called.

Question # 13

State Bank of Pakistan was established on.

Question # 14

State Bank of Paksitan was established on

Question # 15

The Lady Phd.Governors of State Bank of Paksitan inclued.

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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 capital of stat bank of the time of establishment was.
A. Rs. 30 millions
B. Rs. 450 milliions
C. Rs.300 millions
D. Rs. 30 billions
2 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
3 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above
4 Which method of note issue is prevailing in Pakistan after 1965
A. Min. Reserve System
B. Proportional system
C. Fixed Fiduciary system
D. None of the above
5 Qualitative methods of monetary policy donot include.
A. Bank rate policy
B. Direct Actions
C. Publicity
D. Moral persuasion
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 The principle of note issue are.
A. Currency Principles
B. Banking Principles
C. Both a and b
D. None of these
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 The automatic delivery of banking products and services to customers through interactive electronic communication is called
A. E banking
B. Electronic banking
C. Both a and b
D. None of these
10 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above

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