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

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

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Question # 1

The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in

Question # 2

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

Question # 3

State Bank of Pakistan Amendment Act is.

Question # 4

How many advantages of e banking

Question # 5

How many benefits of economy

Question # 6

How many merits of debit card

Question # 7

ATM is used to withdraw money from the

Question # 8

First woman Governor of State Bank of Pakistan was.

Question # 9

How many merits of credit card

Question # 10

The Governor of SBP is oppointed for.

Question # 11

The principle of note issue are.

Question # 12

A represntative handed over cheques to other banks are called.

Question # 13

State Bank of Pakistan Act is.

Question # 14

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

Question # 15

Pakistan has used methods of note issue.

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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 merits of credit card
A. 7
B. 8
C. 9
D. 10
2 Whihc of the following is the most elastic method for issuing notes.
A. Fix fiduciary system
B. Minium Reserve system
C. Proportional Reserve system
D. None of these
3 The following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
4 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
5 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
6 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
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 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
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 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

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