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

State Bank of Paksitan was established on

Question # 2

The quantitative methods of credit control are in nature.

Question # 3

The following is not used in E-Banking

Question # 4

The principle of note issue are.

Question # 5

E-Banking provides benefits to the following

Question # 6

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

Question # 7

Which bank is called the mother of Central Banks.

Question # 8

Which method of note issue is prevailing in Pakistan after 1965

Question # 9

How many benefits of customers

Question # 10

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

Question # 11

How many merits of credit card

Question # 12

How many merits of debit card

Question # 13

Quantitive methods are contral on

Question # 14

After 31st Decemebr 1965 Pakistan use

Question # 15

How many benefits of economy

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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 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
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 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
4 ATM is used to withdraw money from the
A. Branch of bank in which we have the account
B. Any branch of concerned bank
C. Other banks
D. All the above
5 Open market operation means.
A. Purchase and sale of shares
B. Purchases and sale of securities
C. Purchase and sale of assets
D. None of these
6 How many benefits of bankers
A. 4
B. 5
C. 6
D. 7
7 Qualitative methods of monetary policy donot include.
A. Bank rate policy
B. Direct Actions
C. Publicity
D. Moral persuasion
8 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
9 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
10 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect

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