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 quantitative methods of credit control are in nature.	A. General B. Selective C. Optional D. None of these
2	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
3	State Bank of Pakistan was established on.	A. Tuesday Ist July 1948 B. Wednesday Is July 1948 C. Thursday Ist July 1948 D. Friday Ist July 1948
4	A represntative handed over cheques to other banks are called.	A. Outwaard clearing B. Direct cheaning C. Inward Clearing D. Indirect Clearing
5	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
6	An increase in the reseve requirement causes.	A. More credit Creation B. Less Credit Creation C. Stop credit creation D. None of these
7	The Weapons of Monetary policy are.	A. Two B. Three C. Four D. Five
8	Which bank is called the mother of Central Banks.	A. World Bank B. Bank of Vence C. Royal Bank of Scotland D. Bank of England
9	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
10	Pakistan has used methods of note issue.	A. Proportional reserve system B. Min. Reserve system C. Both a and b D. Fixed fiduciary system