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

The principle of note issue are.

Question # 2

What is the purpose of using credit card

Question # 3

After 31st Decemebr 1965 Pakistan use

Question # 4

The departments of State Bank of Pakistan includes.

Question # 5

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

Question # 6

ATM is used to withdraw money from the

Question # 7

Open market operation means.

Question # 8

How many merits of debit card

Question # 9

Up to December 1965, Pakistan used method of note issue.

Question # 10

Qualitative methods are control over.

Question # 11

State Bank of Pakistan Amendment Act is.

Question # 12

Which bank is called the mother of Central Banks.

Question # 13

In case of inflation Bank rate.

Question # 14

Which method of note issue is prevailing in Pakistan after 1965

Question # 15

The capital of stat bank of the time of establishment was.

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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 An increase in the reseve requirement causes.
A. More credit Creation
B. Less Credit Creation
C. Stop credit creation
D. None of these
2 Up to December 1965, Pakistan used method of note issue.
A. Proportional Reserve system
B. Min. Reserve system
C. Fixed fiduciary system
D. All of these
3 First woman Governor of State Bank of Pakistan was.
A. Dr. Ishrat Hussain
B. Kassim Parekh
C. S.U. Durani
D. Dr. shamshad Akhtar
4 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
5 After 31st Decemebr 1965 Pakistan use
A. Min. Reserve system
B. Fixed Fiduciary system
C. Proportional Reserve
D. None of these
6 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
7 Major function of Central Bank is.
A. Open account
B. Provide lockers
C. Issue currency notes
D. All of the above
8 The principle of note issue are.
A. Currency Principles
B. Banking Principles
C. Both a and b
D. None of these
9 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
10 The following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above

Test Questions