3rd Chapter

12th Principles of Banking Chapter 3 Test

Here you can prepare 12th Class Principles of Banking Chapter 3 Electronic Banking Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 3 online mcq test with answers for ICom part 2 Principle of Banking Chapter 3 (Electronic Banking)

This online test contains MCQs about following topics:

. Introduction and advantages . Credit card . Debit card . Automated teller machine . Online banking

ICOM Part 2 Banking Ch 3 Test
ic

12th class Principle of Banking chapter 3 online mcq test with answers for ICom part 2 Principle of Banking Chapter 3 (Electronic Banking)

Sr. # Questions Answers Choice
1 How many products of E banking
  • A. 5
  • B. 6
  • C. 7
  • D. 8
2 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
3 A represntative handed over cheques to other banks are called.
  • A. Outwaard clearing
  • B. Direct cheaning
  • C. Inward Clearing
  • D. Indirect Clearing
4 State Bank of Pakistan Amendment Act is.
  • A. 1932
  • B. 1997
  • C. 1962
  • D. 1956
5 An increase in the reseve requirement causes.
  • A. More credit Creation
  • B. Less Credit Creation
  • C. Stop credit creation
  • D. None of these
6 After 31st Decemebr 1965 Pakistan use
  • A. Min. Reserve system
  • B. Fixed Fiduciary system
  • C. Proportional Reserve
  • D. None of these
7 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
8 The principle of not issue is
  • A. Currency principle
  • B. Discount rate principle
  • C. Bank rate principle
  • D. All the above
9 The first Pakitan Note es were issued in the denomination of.
  • A. Rs. 5
  • B. Rs. 10
  • C. Rs.100
  • D. All of these
10 First woman Governor of State Bank of Pakistan was.
  • A. Dr. Ishrat Hussain
  • B. Kassim Parekh
  • C. S.U. Durani
  • D. Dr. shamshad Akhtar

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