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 quantitative methods of credit control are in nature.

Question # 2

In case of inflation Bank rate.

Question # 3

An increase in the reseve requirement causes.

Question # 4

E-Banking provides benefits to the following

Question # 5

State Bank of Pakistan Act is.

Question # 6

The departments of State Bank of Pakistan includes.

Question # 7

Central Bank is the Leader of.

Question # 8

Certain Percentage of Gold to issue currency notes.

Question # 9

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

Question # 10

Services provided by on line banking

Question # 11

State Bank of Paksitan was established on

Question # 12

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

Question # 13

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

Question # 14

How many benefits of economy

Question # 15

State Bank of Pakistan Amendment Act is.

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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 Pakistan has used methods of note issue.
A. Proportional reserve system
B. Min. Reserve system
C. Both a and b
D. Fixed fiduciary system
2 Services provided by on line banking
A. Depositing the money into the account
B. Withdrawal the money from bank
C. Transfer of money
D. All the above
3 Open market operation means.
A. Purchase and sale of shares
B. Purchases and sale of securities
C. Purchase and sale of assets
D. None of these
4 How many advantages of e banking
A. 3
B. 4
C. 5
D. 6
5 E-Banking provides benefits to the following
A. Accountholder
B. Banker
C. Economy
D. All the above
6 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
7 Central Bank is the Leader of.
A. Capital Market
B. Money Market
C. Both a and b
D. Open market
8 How many benefits of economy
A. 2
B. 3
C. 4
D. 5
9 An increase in the reseve requirement causes.
A. More credit Creation
B. Less Credit Creation
C. Stop credit creation
D. None of these
10 Which 0f the following is the objective of central bank.
A. Economic Development
B. Helping govt.
C. Welfare of Economy
D. All the above

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