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

Quantitive methods are contral on

Question # 2

Pakistan has used methods of note issue.

Question # 3

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

Question # 4

After 31st Decemebr 1965 Pakistan use

Question # 5

The Governor of SBP is oppointed for.

Question # 6

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

Question # 7

How many benefits of economy

Question # 8

ATM is used to withdraw money from the

Question # 9

How many merits of credit card

Question # 10

The following is not used in E-Banking

Question # 11

Which bank is called the mother of Central Banks.

Question # 12

Qualitative methods are control over.

Question # 13

In the presence of cleairng house the use of cash transactions between banks

Question # 14

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

Question # 15

The quantitative methods of credit control are in nature.

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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 quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
2 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
3 Up to December 1965, Pakistan used method of note issue.
A. Proportional Reserve system
B. Min. Reserve system
C. Fixed fiduciary system
D. All of these
4 An increase in the reseve requirement causes.
A. More credit Creation
B. Less Credit Creation
C. Stop credit creation
D. None of these
5 State Bank of Pakistan Act is.
A. 1956
B. 1932
C. 1962
D. 1984
6 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
7 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
8 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
9 The Lady Phd.Governors of State Bank of Paksitan inclued.
A. M. Yaqoob
B. Ishrat Hussain
C. Shamshad Akhtar
D. All of these
10 The principle of not issue is
A. Currency principle
B. Discount rate principle
C. Bank rate principle
D. All the above

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