12th Class Principle of Banking Online MCQ's Test with Answers for Chapter 2 (Commercial Bank)

ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test

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MCQ's Test For Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test"

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Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test

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Question # 1

The amount in fixed deposit can be

Question # 2

Which affairs of Banks are revealed by articles of Banks.

Question # 3

Which type of loan is advanced by commercial banks for meeting day-to-day requirements:

Question # 4

For commercial baks deposits are.

Question # 5

Which is teh secondary function of commercial bank.

Question # 6

The part of deposits kept with the central bank is called:

Question # 7

Decreas in cash reserve ratio of scheduled Banks.

Question # 8

Cash reserve of commercial Banks includes.

Question # 9

Which is the secondary function of a commercial bank.

Question # 10

Commercial bank can be

Question # 11

The forms of cash reserve of commercial bank:

Question # 12

Bank draft is issued by the bank when the debtor and creditor belngs to.

Question # 13

The current account nd saving account is also called

Question # 14

To make regular payments of a fixed amount to a stated A/c

Question # 15

The relation ship between Cash Reserve and credit creation is.

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ICOM Part 2 English Medium Principles of Banking Chapter 2 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 important (basic) kinds of accounts opened in commercial banks are:
A. Two
B. Three
C. Four
D. countless
2 To make regular payments of a fixed amount to a stated A/c
A. Direct Debit
B. Standing order
C. Inter bank transfer
D. All of these
3 For its customers a commercial bank sells and buys:
A. Foreign exchange
B. Property
C. Securities
D. All of the above
4 The loans on which high rate of interest is charged :
A. Medium term loans
B. Long term loans
C. Short term loans
D. Demand loans
5 For commercial baks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense
6 While deposting money in your a/c you must use.
A. Pay in slip
B. Deposit slip
C. Credit voucher
D. All of these
7 The loan which can be demanded by bank at anytime:
A. Overdraft
B. Demand loans
C. Bills of exchange
D. All of the above
8 Heart of Financial Structure.
A. Commercial bank
B. Central bank
C. Consortium Banks
D. All these
9 Current account is suitable for
A. Capitalists
B. Salaried persons
C. Business community
D. None of the above
10 Exchange banks are commonly known as.
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these

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