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

What is the purpose of using credit card

Question # 2

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

Question # 3

The following is not used in E-Banking

Question # 4

Whihc of the following is the most elastic method for issuing notes.

Question # 5

After 31st Decemebr 1965 Pakistan use

Question # 6

A represntative handed over cheques to other banks are called.

Question # 7

E-Banking provides benefits to the following

Question # 8

What is necessary to withdraw money through ATM

Question # 9

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

Question # 10

State Bank of Pakistan Amendment Act is.

Question # 11

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

Question # 12

How many benefits of customers

Question # 13

State Bank of Pakistan was established on.

Question # 14

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

Question # 15

The automatic delivery of banking products and services to customers through interactive electronic communication is called

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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 benefits of bankers
A. 4
B. 5
C. 6
D. 7
2 Quantitive methods are contral on
A. Banks
B. Currency
C. Govt.
D. Public
3 State Bank of Pakistan Act is.
A. 1956
B. 1932
C. 1962
D. 1984
4 Certain Percentage of Gold to issue currency notes.
A. Fixed Fiduciary method
B. Proportionate Reserve
C. Min. Reserve system
D. None of these
5 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
6 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
7 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
8 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
9 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
10 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

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