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 Weapons of Monetary policy are.

Question # 2

The Central Bank sells Govt. Securities in.

Question # 3

If Central Bank wants to decreae the quantity of money in country it

Question # 4

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

Question # 5

The principle of not issue is

Question # 6

Which bank is called the mother of Central Banks.

Question # 7

How many benefits of economy

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

How many products of E banking

Question # 12

What is the full form is ATM

Question # 13

The quantitative methods of credit control are in nature.

Question # 14

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

Question # 15

The following is not used in E-Banking

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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 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
2 Up to December 1965, Pakistan used method of note issue.
A. Proportional Reserve system
B. Min. Reserve system
C. Fixed fiduciary system
D. All of these
3 How many benefits of bankers
A. 4
B. 5
C. 6
D. 7
4 The following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
5 The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in
A. 31th December 1965
B. 23rd March 1940
C. Jan 1962
D. October 1948
6 The principle of note issue are.
A. Currency Principles
B. Banking Principles
C. Both a and b
D. None of these
7 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
8 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
9 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
10 How many merits of credit card
A. 7
B. 8
C. 9
D. 10

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