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

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

Question # 2

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

Question # 3

A represntative handed over cheques to other banks are called.

Question # 4

The Weapons of Monetary policy are.

Question # 5

The first Pakistan notes were issued in the denomination of Rs. 5. Rs.10, Rs.100 in

Question # 6

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

Question # 7

The departments of State Bank of Pakistan includes.

Question # 8

The principle of note issue are.

Question # 9

What is necessary to withdraw money through ATM

Question # 10

The Governor of SBP is oppointed for.

Question # 11

The following is not used in E-Banking

Question # 12

How many benefits of customers

Question # 13

ATM is used to withdraw money from the

Question # 14

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

Question # 15

Deposits create

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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 following is not used in E-Banking
A. Credit card
B. Debit card
C. Cheque
D. All the above
2 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
3 The amount Calculated on pre-determined rate and no relationship with the risk of P/L is called.
A. Commission
B. Rent
C. Intrest
D. Carriage
4 What is the full form is ATM
A. Automated Teller Machine
B.
AsynchronousTransferMode
C.
AirTrafficManagement
D. None of these
5 The departments of State Bank of Pakistan includes.
A. Note issuing deptt
B. Bankng deptt
C. Foreign exchange deptt
D. All the above
6 Whihc of the following is the most elastic method for issuing notes.
A. Fix fiduciary system
B. Minium Reserve system
C. Proportional Reserve system
D. None of these
7 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
8 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
9 The principle of not issue is
A. Currency principle
B. Discount rate principle
C. Bank rate principle
D. All the above
10 What is the purpose of using credit card
A. To purchases goods and services
B. To win the prized from banks
C. To travel abroad
D. To invest the saving

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