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

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

Question # 2

Which bank is called the mother of Central Banks.

Question # 3

Open market operation means.

Question # 4

State Bank of Pakistan can also be called as.

Question # 5

At Present the Governor of State Bank of Pakistan is.

Question # 6

The departments of State Bank of Pakistan includes.

Question # 7

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

Question # 8

The following is not used in E-Banking

Question # 9

The principle of not issue is

Question # 10

After 31st Decemebr 1965 Pakistan use

Question # 11

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

Question # 12

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

Question # 13

What is the purpose of using credit card

Question # 14

How many benefits of bankers

Question # 15

First woman Governor of State Bank of Pakistan was.

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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 Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
2 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
3 Services provided by on line banking
A. Depositing the money into the account
B. Withdrawal the money from bank
C. Transfer of money
D. All the above
4 What is necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these
5 The Central Bank sells Govt. Securities in.
A. Summer
B. Deflation
C. Winter
D. Inflation
6 An increase in the reseve requirement causes.
A. More credit Creation
B. Less Credit Creation
C. Stop credit creation
D. None of these
7 The rate at which commercial banks and centrla bank buys and sells foreign currency.
A. Bank Rate
B. Inter Bank rate
C. Intrest rate
D. Discount rate
8 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above
9 Qualitative methods of monetary policy donot include.
A. Bank rate policy
B. Direct Actions
C. Publicity
D. Moral persuasion
10 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these

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