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

State Bank of Pakistan Act is.

Question # 2

Dr. Shamshad Akhter is the Governor of State Bank of Pakistan.

Question # 3

Services provided by on line banking

Question # 4

The following is not used in E-Banking

Question # 5

In how many days would a schque between banks clear through the clearing system.

Question # 6

Which 0f the following is the objective of central bank.

Question # 7

The principle of note issue are.

Question # 8

An increase in the reseve requirement causes.

Question # 9

How many products of E banking

Question # 10

State Bank of Paksitan was established on

Question # 11

How many merits of credit card

Question # 12

The principle of not issue is

Question # 13

State Bank of Pakistan Amendment Act is.

Question # 14

The rate at which commercial banks and centrla bank buys and sells foreign currency.

Question # 15

How many benefits of customers

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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 Qualitative methods are control over.
A. Currency
B. Govt
C. Banks
D. Public
2 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
3 At Present the Governor of State Bank of Pakistan is.
A. Dr. Ishrat Hussain
B. Saleem Raza
C. Shahid Hafiz Kardar
D. Shahid Mahmood Wathra
4 What is necessary to withdraw money through ATM
A. I.D. card
B. Cheque
C. Pin code
D. None of these
5 The automatic delivery of banking products and services to customers through interactive electronic communication is called
A. E banking
B. Electronic banking
C. Both a and b
D. None of these
6 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above
7 Part of cash of scheduled banks kept by centrla bank as per law is called.
A. Specific reserves
B. Satutory reserves
C. Gneral Reserves
D. All the above
8 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
9 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
10 Certain Percentage of Gold to issue currency notes.
A. Fixed Fiduciary method
B. Proportionate Reserve
C. Min. Reserve system
D. None of these

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