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ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
Start Chapter 2 TestICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test
MCQ's Test For Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test"
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Total Questions15
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Time Allowed20
Principles of Banking ICOM Part 2 English Medium Chapter 2 Online Test
00:00
Question # 1
While deposting money in your a/c you must use.
Question # 2
If the rate of interest (profit) on the bank deposits is higher then the banks keep:
Question # 3
The commercial banks may be:
Question # 4
Because of low Reserve Ratio the credit creation power.
Question # 5
Commercial bank can be regarded by nature as
Question # 6
If a credit card is lost, what should the holder do.
Question # 7
The documents which present a summary and balance of accounts of an A/C holder in bank.
Question # 8
The current account nd saving account is also called
Question # 9
The amount in fixed deposit can be
Question # 10
The amount (capital) recieved by bank after issuing shares is called:
Question # 11
Credit card payments are considered.
Question # 12
Which of the folloiwng is a valid method of receivig payment from debtors.
Question # 13
United Bank Ltd. was formed on.
Question # 14
Formula for calculating total credit creation:
Question # 15
Which of the following is meant for presenting a summary and balance of accounts of bank customers
ICOM Part 2 English Medium Principles of Banking Chapter 2 MCQ's Test
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Z Zeeshan Haider 02 - Jul - 2024 00 Min 09 Sec 15/15 -
U Unknown 31 - May - 2023 00 Min 11 Sec 15/15 -
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ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | For commercial banks " Advancing loans' are. |
A. Assets
B. Liabilities
C. Expenses
D. All of these
|
| 2 | Which of the following is not an example of plastic money |
A. Debit card
B. ATM card
C. Currency notes
D. Credit card
|
| 3 | Commercial bank can be |
A. Scheduled
B. Foreign
C. Non Sheduled
D. All these
|
| 4 | Exchange banks are commonly known as. |
A. Foreign bank
B. Central bank
C. Consortium Bank
D. None of these
|
| 5 | Why commercial banks keep a certain amount of money as reserve |
A. Meeting the requirements of customers
B. Meeting the requirements of central bank
C. Acquiring the satisfaction of having cash
D. Expanding the banking business
|
| 6 | The current account nd saving account is also called |
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
|
| 7 | the card which can be used to pay for goods purchased. |
A. ID card
B. Credit card
C. Chrage card
D. Gurantee card
|
| 8 | Which bank does accept the deposits from public |
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
|
| 9 | The documents which present a summary and balance of accounts of an A/C holder in bank. |
A. Balance sheet
B. Pass book
C. Prospectus
D. Bank Staement
|
| 10 | For commercial baks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
Test Questions