3rd Chapter

12th Principles of Banking Chapter 3 Test

Here you can prepare 12th Class Principles of Banking Chapter 3 Electronic Banking Test. Click the button for 100% free full practice test.

12th class Principle of Banking chapter 3 online mcq test with answers for ICom part 2 Principle of Banking Chapter 3 (Electronic Banking)

This online test contains MCQs about following topics:

. Introduction and advantages . Credit card . Debit card . Automated teller machine . Online banking

ICOM Part 2 Banking Ch 3 Test
ic

12th class Principle of Banking chapter 3 online mcq test with answers for ICom part 2 Principle of Banking Chapter 3 (Electronic Banking)

Sr. # Questions Answers Choice
1 State Bank of Pakistan Amendment Act is.
  • A. 1932
  • B. 1997
  • C. 1962
  • D. 1956
2 What is the full form is ATM
  • A. Automated Teller Machine
  • B. <div><table id="AcrFinder" style="box-sizing: inherit; color: rgb(64, 64, 64); font-size: 13px; border-spacing: 0px;"><tbody style="box-sizing: inherit;"><tr data-cat="3" style="box-sizing: inherit;"><td style="box-sizing: inherit;"><span class="hvr" style="box-sizing: inherit;">Asynchronous</span><span class="hvr" style="box-sizing: inherit;">Transfer</span><span class="hvr" style="box-sizing: inherit;">Mode</span></td></tr></tbody></table></div>
  • C. <div><table id="AcrFinder" style="box-sizing: inherit; color: rgb(64, 64, 64); font-size: 13px; border-spacing: 0px;"><tbody style="box-sizing: inherit;"><tr data-cat="4" style="box-sizing: inherit;"><td style="box-sizing: inherit;"><span class="hvr" style="box-sizing: inherit;">Air</span><span class="hvr" style="box-sizing: inherit;">Traffic</span><span class="hvr" style="box-sizing: inherit;">Management</span></td></tr></tbody></table></div>
  • D. None of these
3 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
4 An increase in the reseve requirement causes.
  • A. More credit Creation
  • B. Less Credit Creation
  • C. Stop credit creation
  • D. None of these
5 The quantitative methods of credit control are in nature.
  • A. General
  • B. Selective
  • C. Optional
  • D. None of these
6 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
7 Central Bank is the Leader of.
  • A. Capital Market
  • B. Money Market
  • C. Both a and b
  • D. Open market
8 How many merits of credit card
  • A. 7
  • B. 8
  • C. 9
  • D. 10
9 Which bank is called the mother of Central Banks.
  • A. World Bank
  • B. Bank of Vence
  • C. Royal Bank of Scotland
  • D. Bank of England
10 The Central Bank sells Govt. Securities in.
  • A. Summer
  • B. Deflation
  • C. Winter
  • D. Inflation

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