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

If Central Bank wants to decreae the quantity of money in country it

Question # 2

How many products of E banking

Question # 3

What is the full form is ATM

Question # 4

Which of the following is not an objective of central bank.

Question # 5

Central Bank is the Leader of.

Question # 6

Pakistan has used methods of note issue.

Question # 7

How many benefits of economy

Question # 8

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

Question # 9

Certain Percentage of Gold to issue currency notes.

Question # 10

Loan Create

Question # 11

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

Question # 12

The departments of State Bank of Pakistan includes.

Question # 13

Qualitative methods are control over.

Question # 14

Deposits create

Question # 15

The Central Bank sells Govt. Securities in.

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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 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
2 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
3 State Bank of Pakistan Act is.
A. 1956
B. 1932
C. 1962
D. 1984
4 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
5 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
6 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above
7 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
8 The Central Bank sells Govt. Securities in.
A. Summer
B. Deflation
C. Winter
D. Inflation
9 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
10 The departments of State Bank of Pakistan includes.
A. Note issuing deptt
B. Bankng deptt
C. Foreign exchange deptt
D. All the above

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