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

Central Bank is the Leader of.

Question # 2

The capital of stat bank of the time of establishment was.

Question # 3

State Bank of Pakistan Amendment Act is.

Question # 4

Pakistan has used methods of note issue.

Question # 5

Which method of note issue is prevailing in Pakistan after 1965

Question # 6

State Bank of Pakistan was established on.

Question # 7

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

Question # 8

What is the full form is ATM

Question # 9

How many merits of credit card

Question # 10

State Bank of Pakistan Act is.

Question # 11

State Bank of Paksitan was established on

Question # 12

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

Question # 13

Which bank is called the mother of Central Banks.

Question # 14

The Governor of SBP is oppointed for.

Question # 15

What is the purpose of using credit card

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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 following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
2 An increase in the reseve requirement causes.
A. More credit Creation
B. Less Credit Creation
C. Stop credit creation
D. None of these
3 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
4 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above
5 How many benefits of customers
A. 5
B. 6
C. 7
D. 8
6 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
7 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
8 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar
9 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
10 Deposits create
A. Inflation
B. Loan
C. Monopoly
D. All the above

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