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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  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test

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Question # 1

Services provided by on line banking

Question # 2

Certain Percentage of Gold to issue currency notes.

Question # 3

Up to December 1965, Pakistan used method of note issue.

Question # 4

A represntative handed over cheques to other banks are called.

Question # 5

Which bank is called the mother of Central Banks.

Question # 6

The Weapons of Monetary policy are.

Question # 7

How many products of E banking

Question # 8

State Bank of Pakistan can also be called as.

Question # 9

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

Question # 10

An increase in the reseve requirement causes.

Question # 11

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

Question # 12

Quantitive methods are contral on

Question # 13

What is the purpose of using credit card

Question # 14

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

Question # 15

Which 0f the following is the objective of central bank.

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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 Paksitan was established on
A. 1st July 1949
B. Ist July 1948
C. Ist July 1694
D. Ist July 1964
2 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
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 Which bank is called the mother of Central Banks.
A. World Bank
B. Bank of Vence
C. Royal Bank of Scotland
D. Bank of England
5 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
6 How many products of E banking
A. 5
B. 6
C. 7
D. 8
7 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
8 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
9 The following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
10 How many merits of debit card
A. 5
B. 6
C. 7
D. 8

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