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

In the presence of cleairng house the use of cash transactions between banks

Question # 2

How many advantages of e banking

Question # 3

The capital of stat bank of the time of establishment was.

Question # 4

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

Question # 5

After 31st Decemebr 1965 Pakistan use

Question # 6

State Bank of Pakistan was established on.

Question # 7

Major function of Central Bank is.

Question # 8

State Bank of Pakistan can also be called as.

Question # 9

State Bank of Paksitan was established on

Question # 10

Which method of note issue is prevailing in Pakistan after 1965

Question # 11

Loan Create

Question # 12

In case of inflation Bank rate.

Question # 13

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

Question # 14

A represntative handed over cheques to other banks are called.

Question # 15

Which of the following is not an objective of central bank.

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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 advantages of e banking
A. 3
B. 4
C. 5
D. 6
2 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
3 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
4 The following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
5 The Central Bank sells Govt. Securities in.
A. Summer
B. Deflation
C. Winter
D. Inflation
6 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
7 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
8 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
9 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
10 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

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