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

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

Question # 2

ATM is used to withdraw money from the

Question # 3

Pakistan has used methods of note issue.

Question # 4

Qualitative methods of monetary policy donot include.

Question # 5

State Bank of Pakistan can also be called as.

Question # 6

State Bank of Pakistan Act is.

Question # 7

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

Question # 8

The principle of note issue are.

Question # 9

Whihc of the following is the most elastic method for issuing notes.

Question # 10

Qualitative methods are control over.

Question # 11

State Bank of Paksitan was established on

Question # 12

E-Banking provides benefits to the following

Question # 13

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

Question # 14

State Bank of Pakistan was established on.

Question # 15

What is the full form is ATM

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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 Qualitative methods of monetary policy donot include.
A. Bank rate policy
B. Direct Actions
C. Publicity
D. Moral persuasion
3 The quantitative methods of credit control are in nature.
A. General
B. Selective
C. Optional
D. None of these
4 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
5 How many merits of debit card
A. 5
B. 6
C. 7
D. 8
6 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
7 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
8 The following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
9 Major function of Central Bank is.
A. Open account
B. Provide lockers
C. Issue currency notes
D. All of the above
10 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market

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