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

Which is the secondary function of a commercial bank.

Question # 2

Which of the following is meant for presenting a summary and balance of accounts of bank customers

Question # 3

Because of low Reserve Ratio the credit creation power.

Question # 4

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

Question # 5

Because of high reserve ratio the credit creation power.

Question # 6

The current account nd saving account is also called

Question # 7

Which bank does discount the bills of public

Question # 8

Pay Order is issued by the bank when the debtor and creditor belongs to.

Question # 9

The important (basic) kinds of accounts opened in commercial banks are:

Question # 10

The primary function of commercial bank are

Question # 11

If a credit card is lost, what should the holder do.

Question # 12

The higer the cash reserve ratio.

Question # 13

Present commercial Banks are teh Developed form of the business of.

Question # 14

If a credit is lost, what shuld the holder do.

Question # 15

Which bank does accept the deposits from public

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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 Cash reserve of commercial Banks includes.
A. Cash in hand
B. Cash with SBP
C. Balance with other banks
D. All the above
2 Habib Bank Limited was formed on.
A. 1941
B. 1931
C. 1951
D. 1961
3 The kind of loan according to issue
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
4 Which one is not the feature of good Banking system.
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
5 Which is the Primary functionof a commercial bank.
A. Issue Notes
B. Accepting Deposits
C. Credit creation
D. None of these
6 Because of high reserve ratio the credit creation power.
A. Constant
B. Increases
C. Decreases
D. Zero
7 Which bank does accept the deposits from public
A. Commercial bank
B. Central bank
C. Foreign exchange bank
D. All the above
8 Quaid -e- Azam opened his bank account in.
A. 1940
B. 1945
C. 1957
D. 1987
9 For its customers a commercial bank sells and buys:
A. Foreign exchange
B. Property
C. Securities
D. All of the above
10 For commercial banks deposits are.
A. Assets
B. Liabilities
C. Income
D. Expense

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