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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  • Total Questions15

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Principles of Banking Icom Part 2 English Medium Chapter 3 Online Test

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Question # 1

How many benefits of customers

Question # 2

In how many days would a schque between banks clear through the clearing system.

Question # 3

If Central Bank wants to decreae the quantity of money in country it

Question # 4

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

Question # 5

How many merits of credit card

Question # 6

How many benefits of economy

Question # 7

A represntative handed over cheques to other banks are called.

Question # 8

Which 0f the following is the objective of central bank.

Question # 9

Loan Create

Question # 10

E-Banking provides benefits to the following

Question # 11

State Bank of Pakistan Amendment Act is.

Question # 12

What is the full form is ATM

Question # 13

At Present the Governor of State Bank of Pakistan is.

Question # 14

The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.

Question # 15

The Governor of SBP is oppointed for.

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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 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
2 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
3 The following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
4 In the presence of cleairng house the use of cash transactions between banks
A. Increases
B. Decreases
C. Stops
D. NO effect
5 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
6 The principle of not issue is
A. Currency principle
B. Discount rate principle
C. Bank rate principle
D. All the above
7 The Weapons of Monetary policy are.
A. Two
B. Three
C. Four
D. Five
8 How many merits of credit card
A. 7
B. 8
C. 9
D. 10
9 State Bank of Pakistan Amendment Act is.
A. 1932
B. 1997
C. 1962
D. 1956
10 How many merits of debit card
A. 5
B. 6
C. 7
D. 8

Test Questions

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