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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  • Total Questions15

  • Time Allowed20

Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test

00:00
Question # 1

Deposits create

Question # 2

Services provided by on line banking

Question # 3

What is the purpose of using credit card

Question # 4

Qualitative methods are control over.

Question # 5

Pakistan has used methods of note issue.

Question # 6

Qualitative methods of monetary policy donot include.

Question # 7

First woman Governor of State Bank of Pakistan was.

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

The principle of note issue are.

Question # 12

How many merits of debit card

Question # 13

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

Question # 14

A represntative handed over cheques to other banks are called.

Question # 15

Part of cash of scheduled banks kept by centrla bank as per law is called.

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ICOM Part 2 English Medium Principles of Banking Chapter 3 MCQ's Test

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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 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
3 The principle of note issue are.
A. Currency Principles
B. Banking Principles
C. Both a and b
D. None of these
4 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
5 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
6 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar
7 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
8 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
9 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
10 Certain Percentage of Gold to issue currency notes.
A. Fixed Fiduciary method
B. Proportionate Reserve
C. Min. Reserve system
D. None of these
11 State Bank of Pakistan can also be called as.
A. Central Bank
B. Reserve Bank
C. Monetary Authority
D. All the above
12 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
13 Which bank is called the mother of Central Banks.
A. World Bank
B. Bank of Vence
C. Royal Bank of Scotland
D. Bank of England
14 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above
15 The Weapons of Monetary policy are.
A. Two
B. Three
C. Four
D. Five

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