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

Open market operation means.

Question # 2

How many merits of credit card

Question # 3

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

Question # 4

The following is not used in E-Banking

Question # 5

After 31st Decemebr 1965 Pakistan use

Question # 6

How many benefits of economy

Question # 7

Qualitative methods of monetary policy donot include.

Question # 8

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

Question # 9

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

Question # 10

State Bank of Pakistan Amendment Act is.

Question # 11

In case of inflation Bank rate.

Question # 12

In how many days would a schque between banks clear through the clearing system.

Question # 13

How many advantages of e banking

Question # 14

The quantitative methods of credit control are in nature.

Question # 15

At Present the Governor of State Bank of Pakistan is.

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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 How many benefits of economy
A. 2
B. 3
C. 4
D. 5
2 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
3 If Central Bank wants to increase the quantity of money in country it.
A. Sells securities
B. Purchase securities
C. Create Credit
D. All the above
4 The principle of note issue are.
A. Currency Principles
B. Banking Principles
C. Both a and b
D. None of these
5 Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
A. 12th
B. 13th
C. 14th
D. 15th
6 State Bank of Pakistan can also be called as.
A. Central Bank
B. Reserve Bank
C. Monetary Authority
D. All the above
7 The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in
A. 31th December 1965
B. 23rd March 1940
C. Jan 1962
D. October 1948
8 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
9 What is the purpose of using credit card
A. To purchases goods and services
B. To win the prized from banks
C. To travel abroad
D. To invest the saving
10 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these

Test Questions

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