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

  • Time Allowed20

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

How many products of E banking

Question # 3

Services provided by on line banking

Question # 4

The automatic delivery of banking products and services to customers through interactive electronic communication is called

Question # 5

The first Pakitan Note es were issued in the denomination of.

Question # 6

Certain Percentage of Gold to issue currency notes.

Question # 7

How many benefits of economy

Question # 8

Part of cash of scheduled banks kept by centrla bank as per law is called.

Question # 9

Open market operation means.

Question # 10

At Present the Governor of State Bank of Pakistan is.

Question # 11

State Bank of Paksitan was established on

Question # 12

The following is not used in E-Banking

Question # 13

The principle of note issue are.

Question # 14

What is the full form is ATM

Question # 15

Which bank is called the mother of Central Banks.

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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 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
2 How many products of E banking
A. 5
B. 6
C. 7
D. 8
3 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
4 Which of the following is not an objective of central bank.
A. Economic development
B. Helping Govt
C. Walfare of economy
D. Credit creation
5 State Bank of Pakistan was established on.
A. Tuesday Ist July 1948
B. Wednesday Is July 1948
C. Thursday Ist July 1948
D. Friday Ist July 1948
6 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
7 State Bank of Pakistan can also be called as.
A. Central Bank
B. Reserve Bank
C. Monetary Authority
D. All the above
8 The Central Bank sells Govt. Securities in.
A. Summer
B. Deflation
C. Winter
D. Inflation
9 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
10 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above

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