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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
To make regular payments of a fixed amount to a stated A/c
Question # 2
While deposting money in your a/c you must use.
Question # 3
For commercial banks deposits are.
Question # 4
Which is teh secondary function of commercial bank.
Question # 5
If a credit is lost, what shuld the holder do.
Question # 6
Which is the Primary functionof a commercial bank.
Question # 7
Habib Bank Limited was formed on.
Question # 8
Banking companies ordinace is
Question # 9
Which bank does discount the bills of public
Question # 10
Commercial bank can be
Question # 11
Decreas in cash reserve ratio of scheduled Banks.
Question # 12
The loans on which high rate of interest is charged :
Question # 13
United Bank Ltd. was formed on.
Question # 14
Commercial bank creates the following Money
Question # 15
Commercial bank create money.
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 | What kind of power does commercial bank possess regarding credit creation |
A. Unlimited power
B. Limited power
C. No power
D. All the above are possible
|
| 2 | Which one is not the feature of good Banking system. |
A. Economic development
B. Inflation
C. Larger Capital
D. TYrust of public
|
| 3 | Bank draft is issued by the bank when the debtor and creditor belngs to. |
A. To differnet citiies/Country
B. With in same city
C. Two different families
D. All these
|
| 4 | Quaid -e-Azam opened his bank account in. |
A. ABL
B. MCB
C. HBL
D. NBP
|
| 5 | Which of the following is a limitation in credit creation |
A. Initial deposit
B. Use of cheques
C. Use of currency
D. All of these
|
| 6 | Which of the followig is not an example of Plastic money. |
A. Debit card
B. ATM card
C. Credit card
D. Currency notes
|
| 7 | For commercial banks deposits are. |
A. Assets
B. Liabilities
C. Income
D. Expense
|
| 8 | Commercial bank create money. |
A. Metallic
B. Credit
C. Paper
D. All these
|
| 9 | The current account nd saving account is also called |
A. Sight deposits
B. Chequing account
C. Demand deposits
D. All of these
|
| 10 | The kind of loan according to issue |
A. Cash credit
B. Discounting of bill
C. Mortgage loan
D. All of the above
|
Test Questions