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

Pakistan has used methods of note issue.

Question # 2

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

Question # 3

How many benefits of economy

Question # 4

Certain Percentage of Gold to issue currency notes.

Question # 5

What is the purpose of using credit card

Question # 6

State Bank of Pakistan Act is.

Question # 7

The following is not used in E-Banking

Question # 8

How many merits of debit card

Question # 9

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

Question # 10

Quantitive methods are contral on

Question # 11

Loan Create

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

An increase in the reseve requirement causes.

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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 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar
2 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above
3 What is necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these
4 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
5 How many merits of debit card
A. 5
B. 6
C. 7
D. 8
6 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
7 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above
8 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
9 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
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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