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

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test" MCQ`s Test

Sr.#	Question	Answer
1	A represntative handed over cheques to other banks are called.	A. Outwaard clearing B. Direct cheaning C. Inward Clearing D. Indirect Clearing
2	The principle of not issue is	A. Currency principle B. Discount rate principle C. Bank rate principle D. All the above
3	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
4	In the presence of cleairng house the use of cash transactions between banks	A. Increases B. Decreases C. Stops D. NO effect
5	The capital of stat bank of the time of establishment was.	A. Rs. 30 millions B. Rs. 450 milliions C. Rs.300 millions D. Rs. 30 billions
6	The rate at which commercial banks and centrla bank buys and sells foreign currency.	A. Bank Rate B. Inter Bank rate C. Intrest rate D. Discount rate
7	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
8	Services provided by on line banking	A. Depositing the money into the account B. Withdrawal the money from bank C. Transfer of money D. All the above
9	An increase in the reseve requirement causes.	A. More credit Creation B. Less Credit Creation C. Stop credit creation D. None of these
10	The Governor of SBP is oppointed for.	A. Five years B. Four years C. Three years D. Two years