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

The departments of State Bank of Pakistan includes.

Question # 3

The Governor of SBP is oppointed for.

Question # 4

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

Question # 5

Major function of Central Bank is.

Question # 6

State Bank of Paksitan was established on

Question # 7

The principle of note issue are.

Question # 8

At Present the Governor of State Bank of Pakistan is.

Question # 9

The Central Bank sells Govt. Securities in.

Question # 10

Deposits create

Question # 11

What is the full form is ATM

Question # 12

The following is not used in E-Banking

Question # 13

Central Bank is the Leader of.

Question # 14

ATM is used to withdraw money from the

Question # 15

After 31st Decemebr 1965 Pakistan use

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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 principle of not issue is
A. Currency principle
B. Discount rate principle
C. Bank rate principle
D. All the above
2 How many products of E banking
A. 5
B. 6
C. 7
D. 8
3 Which method of note issue is prevailing in Pakistan after 1965
A. Min. Reserve System
B. Proportional system
C. Fixed Fiduciary system
D. None of the above
4 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above
5 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
6 How many benefits of customers
A. 5
B. 6
C. 7
D. 8
7 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
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 The first Pakitan Note es were issued in the denomination of.
A. Rs. 5
B. Rs. 10
C. Rs.100
D. All of these
10 Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
A. 12th
B. 13th
C. 14th
D. 15th

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