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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  • Total Questions15

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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

What is the full form is ATM

Question # 3

In how many days would a schque between banks clear through the clearing system.

Question # 4

Deposits create

Question # 5

State Bank of Paksitan was established on

Question # 6

The principle of not issue is

Question # 7

Major function of Central Bank is.

Question # 8

After 31st Decemebr 1965 Pakistan use

Question # 9

First woman Governor of State Bank of Pakistan was.

Question # 10

How many benefits of economy

Question # 11

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

Question # 12

The following is not used in E-Banking

Question # 13

A represntative handed over cheques to other banks are called.

Question # 14

How many benefits of customers

Question # 15

E-Banking provides benefits to the following

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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 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
2 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
3 What is necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these
4 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above
5 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
6 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
7 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
8 State Bank of Paksitan was established on
A. 1st July 1949
B. Ist July 1948
C. Ist July 1694
D. Ist July 1964
9 The Weapons of Monetary policy are.
A. Two
B. Three
C. Four
D. Five
10 Services provided by on line banking
A. Depositing the money into the account
B. Withdrawal the money from bank
C. Transfer of money
D. All the above

Test Questions

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