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

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

Question # 2

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

Question # 3

How many merits of credit card

Question # 4

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

Question # 5

State Bank of Pakistan was established on.

Question # 6

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

Question # 7

The quantitative methods of credit control are in nature.

Question # 8

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

Question # 9

The Central Bank sells Govt. Securities in.

Question # 10

After 31st Decemebr 1965 Pakistan use

Question # 11

How many benefits of customers

Question # 12

How many advantages of e banking

Question # 13

The Governor of SBP is oppointed for.

Question # 14

An increase in the reseve requirement causes.

Question # 15

Which method of note issue is prevailing in Pakistan after 1965

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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 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
2 How many benefits of bankers
A. 4
B. 5
C. 6
D. 7
3 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above
4 The Weapons of Monetary policy are.
A. Two
B. Three
C. Four
D. Five
5 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
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 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
8 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
9 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
10 The Lady Phd.Governors of State Bank of Paksitan inclued.
A. M. Yaqoob
B. Ishrat Hussain
C. Shamshad Akhtar
D. All of these

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