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Online Tests
Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test MCQs With Answers
Question # 1
At Present the Governor of State Bank of Pakistan is.
Choose an answer
Dr. Ishrat Hussain
Saleem Raza
Shahid Hafiz Kardar
Shahid Mahmood Wathra
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Question # 2
How many merits of debit card
Choose an answer
5
6
7
8
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Question # 3
Services provided by on line banking
Choose an answer
Depositing the money into the account
Withdrawal the money from bank
Transfer of money
All the above
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Question # 4
After 31st Decemebr 1965 Pakistan use
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Min. Reserve system
Fixed Fiduciary system
Proportional Reserve
None of these
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Question # 5
What is the full form is ATM
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Automated Teller Machine
Asynchronous
Transfer
Mode
Air
Traffic
Management
None of these
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Question # 6
State Bank of Pakistan can also be called as.
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Central Bank
Reserve Bank
Monetary Authority
All the above
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Question # 7
Which method of note issue is prevailing in Pakistan after 1965
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Min. Reserve System
Proportional system
Fixed Fiduciary system
None of the above
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Question # 8
State Bank of Pakistan Amendment Act is.
Choose an answer
1932
1997
1962
1956
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Question # 9
Loan Create
Choose an answer
Monopoly
Inflation
Deposits
All the above
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Question # 10
The automatic delivery of banking products and services to customers through interactive electronic communication is called
Choose an answer
E banking
Electronic banking
Both a and b
None of these
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Question # 11
How many advantages of e banking
Choose an answer
3
4
5
6
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Question # 12
A represntative handed over cheques to other banks are called.
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Outwaard clearing
Direct cheaning
Inward Clearing
Indirect Clearing
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Question # 13
An increase in the reseve requirement causes.
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More credit Creation
Less Credit Creation
Stop credit creation
None of these
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Question # 14
Whihc of the following is the most elastic method for issuing notes.
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Fix fiduciary system
Minium Reserve system
Proportional Reserve system
None of these
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Question # 15
The Central Bank sells Govt. Securities in.
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Summer
Deflation
Winter
Inflation
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Question # 16
What is the purpose of using credit card
Choose an answer
To purchases goods and services
To win the prized from banks
To travel abroad
To invest the saving
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