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

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Sr.#	Question	Answer
1	The following is not used in E-Banking	A. Credit card B. Debit card C. Cheque D. All the above
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	Which of the following is not an objective of central bank.	A. Economic development B. Helping Govt C. Walfare of economy D. Credit creation
4	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
5	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
6	The Weapons of Monetary policy are.	A. Two B. Three C. Four D. Five
7	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
8	How many products of E banking	A. 5 B. 6 C. 7 D. 8
9	If Central Bank wants to increase the quantity of money in country it.	A. Sells securities B. Purchase securities C. Create Credit D. All the above
10	If Central Bank wants to decreae the quantity of money in country it	A. Sells Securities B. Purchase Securities C. Create Credit D. All the above