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

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

Question # 2

E-Banking provides benefits to the following

Question # 3

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

Question # 4

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

Question # 5

The principle of note issue are.

Question # 6

How many merits of credit card

Question # 7

What is the full form is ATM

Question # 8

Part of cash of scheduled banks kept by centrla bank as per law is called.

Question # 9

How many advantages of e banking

Question # 10

A represntative handed over cheques to other banks are called.

Question # 11

In case of inflation Bank rate.

Question # 12

Deposits create

Question # 13

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

Question # 14

The principle of not issue is

Question # 15

An increase in the reseve requirement causes.

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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 Qualitative methods of monetary policy donot include.
A. Bank rate policy
B. Direct Actions
C. Publicity
D. Moral persuasion
2 Whihc of the following is the most elastic method for issuing notes.
A. Fix fiduciary system
B. Minium Reserve system
C. Proportional Reserve system
D. None of these
3 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
4 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years
5 State Bank of Paksitan was established on
A. 1st July 1949
B. Ist July 1948
C. Ist July 1694
D. Ist July 1964
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 How many benefits of economy
A. 2
B. 3
C. 4
D. 5
8 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
9 The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.
A. Commission
B. Rent
C. Intrest
D. Carriage
10 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

Test Questions

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