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

Question # 2

Quantitive methods are contral on

Question # 3

First woman Governor of State Bank of Pakistan was.

Question # 4

State Bank of Pakistan Amendment Act is.

Question # 5

Which method of note issue is prevailing in Pakistan after 1965

Question # 6

The following is not used in E-Banking

Question # 7

Services provided by on line banking

Question # 8

Up to December 1965, Pakistan used method of note issue.

Question # 9

How many benefits of economy

Question # 10

Qualitative methods are control over.

Question # 11

The Lady Phd.Governors of State Bank of Paksitan inclued.

Question # 12

How many products of E banking

Question # 13

How many benefits of bankers

Question # 14

What is the purpose of using credit card

Question # 15

The quantitative methods of credit control are in nature.

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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 State Bank of Pakistan Act is.
A. 1956
B. 1932
C. 1962
D. 1984
2 Certain Percentage of Gold to issue currency notes.
A. Fixed Fiduciary method
B. Proportionate Reserve
C. Min. Reserve system
D. None of these
3 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
4 Deposits create
A. Inflation
B. Loan
C. Monopoly
D. All the above
5 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
6 If Central Bank wants to decreae the quantity of money in country it
A. Sells Securities
B. Purchase Securities
C. Create Credit
D. All the above
7 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
8 The departments of State Bank of Pakistan includes.
A. Note issuing deptt
B. Bankng deptt
C. Foreign exchange deptt
D. All the above
9 How many benefits of bankers
A. 4
B. 5
C. 6
D. 7
10 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these

Test Questions