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

Open market operation means.

Question # 2

Which 0f the following is the objective of central bank.

Question # 3

Central Bank is the Leader of.

Question # 4

State Bank of Paksitan was established on

Question # 5

Services provided by on line banking

Question # 6

How many merits of credit card

Question # 7

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

Question # 8

Deposits create

Question # 9

How many products of E banking

Question # 10

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

Question # 11

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

Question # 12

First woman Governor of State Bank of Pakistan was.

Question # 13

ATM is used to withdraw money from the

Question # 14

Quantitive methods are contral on

Question # 15

State Bank of Pakistan Act is.

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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 What is the purpose of using credit card
A. To purchases goods and services
B. To win the prized from banks
C. To travel abroad
D. To invest the saving
2 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
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 Weapons of Monetary policy are.
A. Two
B. Three
C. Four
D. Five
5 Which method of note issue is prevailing in Pakistan after 1965
A. Min. Reserve System
B. Proportional system
C. Fixed Fiduciary system
D. None of the above
6 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
7 An increase in the reseve requirement causes.
A. More credit Creation
B. Less Credit Creation
C. Stop credit creation
D. None of these
8 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
9 Which of the following is not an objective of central bank.
A. Economic development
B. Helping Govt
C. Walfare of economy
D. Credit creation
10 What is necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these

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