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3rd Chapter

12th Principles of Banking Chapter 3 Test

Here you can prepare 12th Class Principles of Banking Chapter 3 Electronic Banking Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 3 online mcq test with answers for ICom part 2 Principle of Banking Chapter 3 (Electronic Banking)

This online test contains MCQs about following topics:

. Introduction and advantages . Credit card . Debit card . Automated teller machine . Online banking

ICOM Part 2 Banking Ch 3 Test
ic

12th class Principle of Banking chapter 3 online mcq test with answers for ICom part 2 Principle of Banking Chapter 3 (Electronic Banking)

Sr. # Questions Answers Choice
1 Part of cash of scheduled banks kept by centrla bank as per law is called.
  • A. Specific reserves
  • B. Satutory reserves
  • C. Gneral Reserves
  • D. All the above
2 An increase in the reseve requirement causes.
  • A. More credit Creation
  • B. Less Credit Creation
  • C. Stop credit creation
  • D. None of these
3 After 31st Decemebr 1965 Pakistan use
  • A. Min. Reserve system
  • B. Fixed Fiduciary system
  • C. Proportional Reserve
  • D. None of these
4 State Bank of Pakistan Act is.
  • A. 1956
  • B. 1932
  • C. 1962
  • D. 1984
5 If Central Bank wants to decreae the quantity of money in country it
  • A. Sells Securities
  • B. Purchase Securities
  • C. Create Credit
  • D. All the above
6 Which of the following is not an objective of central bank.
  • A. Economic development
  • B. Helping Govt
  • C. Walfare of economy
  • D. Credit creation
7 Which 0f the following is the objective of central bank.
  • A. Economic Development
  • B. Helping govt.
  • C. Welfare of Economy
  • D. All the above
8 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
9 In the presence of cleairng house the use of cash transactions between banks
  • A. Increases
  • B. Decreases
  • C. Stops
  • D. NO effect
10 The principle of not issue is
  • A. Currency principle
  • B. Discount rate principle
  • C. Bank rate principle
  • D. All the above

Top Scorers of Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test

A

Afia Mashood

Lahore16 - Apr - 2024

9/15
02 Mins 54 Sec
A

Azhar Malik

Lahore05 - Feb - 2024

8/15
02 Mins 52 Sec
H

HASEEB Ali

Lahore02 - Mar - 2024

8/15
03 Mins 14 Sec
A

Afia Mashood

Lahore16 - Apr - 2024

8/15
03 Mins 29 Sec

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