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

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

Question # 2

Deposits create

Question # 3

Certain Percentage of Gold to issue currency notes.

Question # 4

State Bank of Pakistan was established on.

Question # 5

Qualitative methods of monetary policy donot include.

Question # 6

At Present the Governor of State Bank of Pakistan is.

Question # 7

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

Question # 8

What is necessary to withdraw money through ATM

Question # 9

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

Question # 10

The principle of note issue are.

Question # 11

What is the purpose of using credit card

Question # 12

How many merits of credit card

Question # 13

How many benefits of customers

Question # 14

E-Banking provides benefits to the following

Question # 15

The capital of stat bank of the time of establishment 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 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
2 The automatic delivery of banking products and services to customers through interactive electronic communication is called
A. E banking
B. Electronic banking
C. Both a and b
D. None of these
3 State Bank of Pakistan can also be called as.
A. Central Bank
B. Reserve Bank
C. Monetary Authority
D. All the above
4 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
5 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
6 The following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
7 At Present the Governor of State Bank of Pakistan is.
A. Dr. Ishrat Hussain
B. Saleem Raza
C. Shahid Hafiz Kardar
D. Shahid Mahmood Wathra
8 Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
A. 12th
B. 13th
C. 14th
D. 15th
9 State Bank of Pakistan Act is.
A. 1956
B. 1932
C. 1962
D. 1984
10 Deposits create
A. Inflation
B. Loan
C. Monopoly
D. All the above

Test Questions

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