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

How many products of E banking

Question # 2

State Bank of Pakistan Amendment Act is.

Question # 3

Whihc of the following is the most elastic method for issuing notes.

Question # 4

Central Bank is the Leader of.

Question # 5

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

Question # 6

Open market operation means.

Question # 7

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

Question # 8

State Bank of Pakistan Act is.

Question # 9

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

Question # 10

State Bank of Pakistan can also be called as.

Question # 11

The following is not used in E-Banking

Question # 12

What is the purpose of using credit card

Question # 13

Pakistan has used methods of note issue.

Question # 14

What is the full form is ATM

Question # 15

Quantitive methods are contral on

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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 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
2 A represntative handed over cheques to other banks are called.
A. Outwaard clearing
B. Direct cheaning
C. Inward Clearing
D. Indirect Clearing
3 How many products of E banking
A. 5
B. 6
C. 7
D. 8
4 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
5 The capital of stat bank of the time of establishment was.
A. Rs. 30 millions
B. Rs. 450 milliions
C. Rs.300 millions
D. Rs. 30 billions
6 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
7 State Bank of Pakistan can also be called as.
A. Central Bank
B. Reserve Bank
C. Monetary Authority
D. All the above
8 What is the full form is ATM
A. Automated Teller Machine
B.
AsynchronousTransferMode
C.
AirTrafficManagement
D. None of these
9 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
10 Loan Create
A. Monopoly
B. Inflation
C. Deposits
D. All the above

Test Questions

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