ICOM Part 2 English Medium Principles of Banking Chapter 3 MCQ's Test

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

Start Chapter 3 Test

12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 3 (Electronic Banking)

Sr. # Questions Answers Choice
1 What is necessary to withdraw money through ATM
  • A. I.D. card
  • B. Cheque
  • C. Pin code
  • D. None of these
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 The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.
  • A. Commission
  • B. Rent
  • C. Intrest
  • D. Carriage
4 The Lady Phd.Governors of State Bank of Paksitan inclued.
  • A. M. Yaqoob
  • B. Ishrat Hussain
  • C. Shamshad Akhtar
  • D. All of these
5 First woman Governor of State Bank of Pakistan was.
  • A. Dr. Ishrat Hussain
  • B. Kassim Parekh
  • C. S.U. Durani
  • D. Dr. shamshad Akhtar
6 Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.
  • A. 12th
  • B. 13th
  • C. 14th
  • D. 15th
7 In how many days would a schque between banks clear through the clearing system.
  • A. 7 days
  • B. 3 days
  • C. 10 days
  • D. 5 days
8 The automatic delivery of banking products and services to customers through interactive electronic communication is called
  • A. E banking
  • B. Electronic banking
  • C. Both a and b
  • D. None of these
9 How many merits of credit card
  • A. 7
  • B. 8
  • C. 9
  • D. 10
10 How many merits of debit card
  • A. 5
  • B. 6
  • C. 7
  • D. 8

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