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

State Bank of Pakistan Act is.

Question # 2

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

Question # 3

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

Question # 4

What is necessary to withdraw money through ATM

Question # 5

Qualitative methods are control over.

Question # 6

A represntative handed over cheques to other banks are called.

Question # 7

Certain Percentage of Gold to issue currency notes.

Question # 8

E-Banking provides benefits to the following

Question # 9

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

Question # 10

An increase in the reseve requirement causes.

Question # 11

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

Question # 12

The Weapons of Monetary policy are.

Question # 13

How many merits of credit card

Question # 14

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

Question # 15

Major function of Central Bank is.

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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 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
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 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 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
5 Part of cash of scheduled banks kept by centrla bank as per law is called.
A. Specific reserves
B. Satutory reserves
C. Gneral Reserves
D. All the above
6 Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
A. 12th
B. 13th
C. 14th
D. 15th
7 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
8 At Present the Governor of State Bank of Pakistan is.
A. Dr. Ishrat Hussain
B. Saleem Raza
C. Shahid Hafiz Kardar
D. Shahid Mahmood Wathra
9 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
10 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

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