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 Pakistan can also be called as.

Question # 2

Deposits create

Question # 3

Which bank is called the mother of Central Banks.

Question # 4

The Governor of SBP is oppointed for.

Question # 5

Which method of note issue is prevailing in Pakistan after 1965

Question # 6

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

Question # 7

First woman Governor of State Bank of Pakistan was.

Question # 8

The Central Bank sells Govt. Securities in.

Question # 9

At Present the Governor of State Bank of Pakistan is.

Question # 10

Central Bank is the Leader of.

Question # 11

The rate at which commercial banks and centrla bank buys and sells foreign currency.

Question # 12

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

Question # 13

How many advantages of e banking

Question # 14

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

Question # 15

How many merits of debit card

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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 The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in
A. 31th December 1965
B. 23rd March 1940
C. Jan 1962
D. October 1948
2 Certain Percentage of Gold to issue currency notes.
A. Fixed Fiduciary method
B. Proportionate Reserve
C. Min. Reserve system
D. None of these
3 What is the purpose of using credit card
A. To purchases goods and services
B. To win the prized from banks
C. To travel abroad
D. To invest the saving
4 Deposits create
A. Inflation
B. Loan
C. Monopoly
D. All the above
5 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
6 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
7 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
8 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
9 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
10 The Governor of SBP is oppointed for.
A. Five years
B. Four years
C. Three years
D. Two years

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